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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income including non-controlling interests $ 606.7 $ 488.5 $ 331.7
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation 207.9 191.7 174.1
Amortization of deferred contract costs 175.9 137.4 107.9
Depreciation and amortization 84.4 68.8 61.6
Amortization of investment premiums (discounts) 6.9 1.3 (6.0)
Loss from equity method investment 7.6 0.0 0.0
Other 7.9 6.0 5.7
Changes in operating assets and liabilities, net of impact of business combinations:      
Accounts receivable—net (72.5) (176.4) (96.7)
Inventory (19.4) (42.2) (48.5)
Prepaid expenses and other current assets (17.7) (2.8) (2.1)
Deferred contract costs (294.5) (205.1) (162.3)
Deferred tax assets (94.0) (10.5) 19.4
Other assets (19.0) (4.6) (1.3)
Accounts payable (13.1) 37.4 7.7
Accrued liabilities 49.9 45.8 (20.2)
Accrued payroll and compensation 44.0 43.1 (2.7)
Other liabilities (0.7) 9.7 (0.2)
Deferred revenue 839.4 495.6 439.9
Net cash provided by operating activities 1,499.7 1,083.7 808.0
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of investments (2,308.0) (1,079.0) (1,332.3)
Sales of investments 85.5 152.2 31.3
Maturities of investments 1,470.3 1,018.8 925.5
Purchases of property and equipment (295.9) (125.9) (92.2)
Purchases of investment in privately held company (160.0) 0.0 0.0
Payments made in connection with business combinations, net of cash acquired (74.9) (40.2) (34.6)
Purchases of marketable equity securities (42.5) 0.0 0.0
Purchases of marketable equity securities 0.4 1.3 0.0
Net cash used in investing activities (1,325.1) (72.8) (502.3)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from long-term borrowings, net of discount and underwriting fees 989.4 0.0 0.0
Payments for debt issuance costs (2.4) 0.0 0.0
Payments of debt assumed in connection with business combination (19.5) (4.1) (3.7)
Repurchase and retirement of common stock (741.8) (1,080.1) (145.1)
Proceeds from issuance of common stock 26.0 22.1 49.5
Taxes paid related to net share settlement of equity awards (167.9) (108.2) (96.0)
Other (1.0) (1.3) (0.3)
Net cash provided by (used in) financing activities 82.8 (1,171.6) (195.6)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (0.1) 0.0 0.0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 257.3 (160.7) 110.1
CASH AND CASH EQUIVALENTS—Beginning of year 1,061.8 1,222.5 1,112.4
CASH AND CASH EQUIVALENTS—End of year 1,319.1 1,061.8 1,222.5
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:      
Cash paid for income taxes—net 127.4 39.7 58.7
Operating lease liabilities arising from obtaining right-of-use assets 39.6 22.8 20.4
Finance lease liabilities arising from obtaining right-of-use assets 0.1 0.0 3.6
Cash paid to settle liability incurred for repurchase of common stock 0.0 0.0 4.2
NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Transfers of evaluation units from inventory to property and equipment 15.9 20.9 21.1
Liability for purchase of property and equipment 21.9 30.8 16.0
Liability incurred in connection with business combination $ 0.9 $ 0.4 $ 3.0