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FAIR VALUE OF CERTAIN FINANCIAL ASSETS AND LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2020
FAIR VALUE OF CERTAIN FINANCIAL ASSETS AND LIABILITIES  
Schedule of financial assets and liabilities recorded at fair value on a recurring basis

June 30, 2020

    

Level 1

    

Level 2

    

Level 3

    

Total

Cash

$

556,197

$

$

$

556,197

Money market funds

 

314,405

 

 

 

314,405

Certificates of deposit

6,859

6,859

Commercial paper

 

 

66,288

 

 

66,288

U.S. government agency securities

 

 

47,982

 

 

47,982

U.S. treasuries

182,425

182,425

Foreign currency derivatives

 

 

55

 

 

55

Total

$

870,602

$

303,609

$

$

1,174,211

Amounts included in:

Cash and cash equivalents

$

870,602

$

50,724

$

$

921,326

Short-term investments

 

 

250,753

 

 

250,753

Accounts receivable, net

 

 

197

 

 

197

Investments

2,077

2,077

Accrued liabilities

 

 

(142)

 

 

(142)

Total

$

870,602

$

303,609

$

$

1,174,211

December 31, 2019

    

Level 1

    

Level 2

    

Level 3

    

Total

Cash

$

518,178

$

$

$

518,178

Money market funds

 

191,131

 

 

 

191,131

Certificates of deposit

28,049

28,049

Commercial paper

 

 

96,867

 

 

96,867

Variable rate demand notes

 

 

21,680

 

 

21,680

Municipal securities

 

 

167,224

 

 

167,224

U.S. government agency securities

 

 

73,634

 

 

73,634

U.S. treasuries

247,162

247,162

Foreign currency derivatives

 

 

(687)

 

 

(687)

Total

$

709,309

$

633,929

$

$

1,343,238

Amounts included in:

Cash and cash equivalents

$

709,309

$

88,648

$

$

797,957

Short-term investments

 

 

533,063

 

 

533,063

Accounts receivable, net

 

 

329

 

 

329

Investments

12,905

12,905

Accrued liabilities

 

 

(1,016)

 

 

(1,016)

Total

$

709,309

$

633,929

$

$

1,343,238