XML 19 R6.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Statement of Cash Flows [Abstract]    
Cash and cash equivalents at beginning of period $ 2,644,030 $ 1,008,152
Cash flows from operating activities:    
Net income 720,752 715,274
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 163,269 142,252
Stock-based compensation 342,011 284,711
Gain on divestitures and investments, net (22,135) (64,458)
Deferred income taxes 89,756 (5,082)
ROU asset amortization and change in operating lease liabilities 1,702 (1,100)
Other non-cash items 4,713 3,814
Changes in operating assets and liabilities, net of effect of acquired businesses:    
Receivables (90,666) (44,766)
Inventories (60,858) (139,179)
Prepaid expenses and other (14,834) (114,785)
Other assets 5,811 (8,759)
Accounts payable and accrued liabilities (23,237) 21,858
Deferred revenue 44,456 6,680
Other long-term liabilities 14,546 22,732
Net cash provided by operating activities 1,175,286 819,192
Cash flows from investing activities:    
Purchases of investments (35,182) (2,095)
Proceeds from the sale and maturity of investments 3,493 45,656
Proceeds from the sale of IP and other assets 11,500 0
Purchases of property, plant and equipment (100,830) (105,340)
Cash paid in business combinations, net of cash acquired (250,695) (735,327)
Net cash used for investing activities (371,714) (797,106)
Cash flows from financing activities:    
Proceeds from issuance of debt 0 3,196,595
Payments of debt 0 (1,000,000)
Payments of debt issuance costs 0 (22,669)
Proceeds from issuance of common stock 138,069 193,933
Stock received for payment of employee taxes on vesting of restricted stock (148,130) (217,462)
Payments for repurchases of common stock (725,025) (400,018)
Net cash provided by (used for) financing activities (735,086) 1,750,379
Effect of exchange rate changes on cash and cash equivalents 40,730 5,423
Increase in cash and cash equivalents 109,216 1,777,888
Cash and cash equivalents at end of period 2,753,246 2,786,040
Supplemental cash flow information:    
Cash paid for interest 111,711 35,323
Cash paid for income taxes, net $ 198,770 $ 296,117