XML 40 R30.htm IDEA: XBRL DOCUMENT v3.24.3

FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Sep. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

Financial assets (excluding cash held in operating accounts and time deposits) and liabilities measured at fair value on a recurring basis, as of the dates indicated below, were presented on our Condensed Consolidated Balance Sheets as follows:

									Quoted Prices in Active Markets for Identical Assets						Significant Other Observable Inputs
As of September 30, 2024 (In thousands)			Total						(Level 1)						(Level 2)
Assets
Cash equivalents:
Money market funds and other			$	1,558,751					$	1,558,751					$	—
U.S. Treasury securities			6,720						—						6,720
Marketable securities:
Corporate debt securities			835,105						—						835,105
Municipal securities			43,673						—						43,673
U.S. Government agency securities			97,887						97,887						—
U.S. Treasury securities			729,376						498,241						231,135
Equity securities			19,654						19,654						—
Total cash equivalents and marketable securities(1)			3,291,166						2,174,533						1,116,633
Other current assets:
Derivative assets			25,314						—						25,314
Other non-current assets:
Executive Deferred Savings Plan			318,855						286,149						32,706
Total financial assets(1)			$	3,635,335					$	2,460,682					$	1,174,653
Liabilities
Derivative liabilities			$	(31,518)					$	—					$	(31,518)
Total financial liabilities			$	(31,518)					$	—					$	(31,518)

________________

(1) Excludes cash of $326.9 million held in operating accounts and time deposits of $1.01 billion (of which $84.9 million were cash equivalents) as of September 30, 2024.

 

									Quoted Prices in Active Markets for Identical Assets						Significant Other Observable Inputs
As of June 30, 2024 (In thousands)			Total						(Level 1)						(Level 2)
Assets
Cash equivalents:
Corporate debt securities			$	2,312					$	—					$	2,312
Money market funds and other			1,585,832						1,585,832						—
U.S. Treasury securities			35,158						—						35,158
Marketable securities:
Corporate debt securities			771,920						—						771,920
Municipal securities			41,159						—						41,159
U.S. Government agency securities			105,874						105,874						—
U.S. Treasury securities			716,148						476,230						239,918
Equity securities			25,566						25,566						—
Total cash equivalents and marketable securities(1)			3,283,969						2,193,502						1,090,467
Other current assets:
Derivative assets			36,503						—						36,503
Other non-current assets:
Executive Deferred Savings Plan			303,365						272,816						30,549
Total financial assets(1)			$	3,623,837					$	2,466,318					$	1,157,519
Liabilities
Derivative liabilities			$	(15,683)					$	—					$	(15,683)
Total financial liabilities			$	(15,683)					$	—					$	(15,683)

________________

(1) Excludes cash of $287.6 million held in operating accounts and time deposits of $932.4 million (of which $66.2 million were cash equivalents) as of June 30, 2024.

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration