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FAIR VALUE OF CERTAIN FINANCIAL ASSETS AND LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2025
FAIR VALUE OF CERTAIN FINANCIAL ASSETS AND LIABILITIES  
Schedule of financial assets and liabilities recorded at fair value on a recurring basis

June 30, 2025

    

Level 1

    

Level 2

    

Level 3

    

Total

Cash

$

1,151,621

$

$

$

1,151,621

Money market funds

 

722,386

 

 

 

722,386

Certificates of deposit

61,254

61,254

Commercial paper

 

 

27,549

 

 

27,549

Corporate bonds

107,522

107,522

U.S. treasuries

139,905

139,905

Foreign currency derivatives

 

 

(754)

 

 

(754)

Commodity derivatives

 

 

15,627

 

 

15,627

Total

$

1,874,007

$

351,103

$

$

2,225,110

Amounts included in:

Cash and cash equivalents

$

1,874,007

$

52,920

$

$

1,926,927

Short-term investments

 

 

145,253

 

 

145,253

Accounts receivable, net

 

 

16,696

 

 

16,696

Other assets

 

 

1,500

 

 

1,500

Investments

138,058

138,058

Accrued liabilities

 

 

(3,324)

 

 

(3,324)

Total

$

1,874,007

$

351,103

$

$

2,225,110

December 31, 2024

    

Level 1

    

Level 2

    

Level 3

    

Total

Cash

$

1,103,647

$

$

$

1,103,647

Money market funds

 

396,306

 

 

 

396,306

Certificates of deposit

33,334

33,334

Foreign currency derivatives

 

 

799

 

 

799

Commodity derivatives

(785)

(785)

Total

$

1,499,953

$

33,348

$

$

1,533,301

Amounts included in:

Cash and cash equivalents

$

1,499,953

$

33,334

$

$

1,533,287

Accounts receivable, net

 

 

5,991

 

 

5,991

Other assets

6

6

Accrued liabilities

 

 

(5,952)

 

 

(5,952)

Other liabilities

(31)

(31)

Total

$

1,499,953

$

33,348

$

$

1,533,301