CASH AND CASH EQUIVALENTS, SHORT-TERM BANK DEPOSITS AND MARKETABLE SECURITIES

12 Months Ended

Dec. 31, 2020

Cash, Cash Equivalents, and Short-term Investments [Abstract]

Cash, Cash Equivalents, and Short-term Investments [Text Block]

NOTE 4:-

CASH AND CASH EQUIVALENTS, SHORT-TERM BANK DEPOSITS AND MARKETABLE SECURITIES


	December 31,
	2020		2019
Cash and cash equivalents:
Cash	$	204.4	$	182.0
Money market funds		14.5		28.2
Short term deposits		36.8		69.0


Total Cash and cash equivalents		255.7		279.2

Short-term bank deposits:		214.5		0.6

Marketable securities:
Government and corporate debentures - fixed interest rate		2,626.9		3,008.9
Government-sponsored enterprises debentures		714.7		475.6
Government and corporate debentures - floating interest rate		187.8		184.4


Total Marketable securities		3,529.4		3,668.9

Total Cash and cash equivalents, short-term bank deposits and marketable securities	$	3,999.6	$	3,948.7

The gross unrealized gains on the Company’s marketable securities were $51.4 and $29.0 as of December 31, 2020 and 2019, respectively. The gross unrealized losses on the Company’s marketable securities were insignificant as of December 31, 2020 and 2019.

The following table classifies the Company’s marketable securities by contractual maturities:


	December 31,
	2020		2019
Contractual maturity year:
2021	$	1,217.5	$	1,300.1
2022		1,053.4		1,041.9
2023		740.8		770.3
2024		351.0		372.1
2025		166.7		184.5


Total	$	3,529.4	$	3,668.9

As of December 31, 2020 and 2019, interest receivable amounted to $19.5 and $24.4, respectively, and is included within prepaid expenses and other assets in the balance sheets.