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CASH AND CASH EQUIVALENTS, SHORT-TERM BANK DEPOSITS AND MARKETABLE SECURITIES (Tables)
12 Months Ended
Dec. 31, 2021
Cash, Cash Equivalents, and Short-term Investments [Abstract]  
Summary of Cash, Cash Equivalents and Investments
                 
    
December 31,
 
    
2021
    
2020
 
Cash and cash equivalents:
                 
Cash
   $ 170.8          $ 204.4      
Money market funds
     6.6            14.5      
Short term deposits
     94.5            36.8      
    
 
 
    
 
 
 
     
Total Cash and cash equivalents
     271.9            255.7      
     
Short-term bank deposits:
     492.5            214.5      
     
Marketable securities:
                 
Government and corporate debentures—fixed interest rate
     2,262.5            2,626.9      
Government-sponsored enterprises debentures
     641.4            714.7      
Government and corporate debentures—floating interest rate
     115.1            187.8      
    
 
 
    
 
 
 
     
Total Marketable securities
     3,019.0            3,529.4      
     
Total Cash and cash equivalents, short-term bank deposits and marketable securities
   $     3,783.4          $     3,999.6      
    
 
 
    
 
 
 
Summary of Contractual Obligation, Fiscal Year Maturity
The following table classifies the Company’s marketable securities by contractual maturities:
                                 
    
December 31,
 
    
2021
    
2020
 
    
Fair Value
    
Amortized
Cost
    
Fair Value
    
Amortized
Cost
 
Contractual maturity year:
                                   
Within one year
   $ 929.3      $ 925.8      $ 1,217.5      $ 1,211.8  
After one year through five years
     2,089.7        2,094.7        2,311.9        2,266.6  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total
   $ 3,019.0      $ 3,020.5      $ 3,529.4      $ 3,478.4