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v3.20.1

Fair Value Measurements (Details) - USD ($) $ in Millions | Mar. 31, 2020 | Dec. 31, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Jun. 30, 2018
--- | --- | --- | --- | --- | ---
Assets: |  |  |  |  |
Marketable debt securities | $ 2,238.6 | $ 2,970.3 |  |  |
Fair Value, Measurements, Recurring |  |  |  |  |
Assets: |  |  |  |  |
Cash equivalents | 1,974.1 | 2,541.1 |  |  |
Marketable equity securities | 276.1 | 337.5 |  |  |
Derivative contracts | 107.3 | 43.8 |  |  |
Plan assets for deferred compensation | 24.5 | 27.7 |  |  |
Total | 4,620.6 | 5,920.4 |  |  |
Liabilities: |  |  |  |  |
Derivative contracts | 3.7 | 8.3 |  |  |
Contingent consideration obligations | 341.5 | 346.1 | $ 346.1 | $ 421.3 | $ 409.8
Total | 345.2 | 354.4 |  |  |
Fair Value, Measurements, Recurring | Corporate debt securities |  |  |  |  |
Assets: |  |  |  |  |
Marketable debt securities | 1,353.5 | 1,695.1 |  |  |
Fair Value, Measurements, Recurring | Government securities |  |  |  |  |
Assets: |  |  |  |  |
Marketable debt securities | 710.4 | 1,013.9 |  |  |
Fair Value, Measurements, Recurring | Mortgage and other asset backed securities |  |  |  |  |
Assets: |  |  |  |  |
Marketable debt securities | 174.7 | 261.3 |  |  |
Quoted Prices in Active Markets (Level 1) | Fair Value, Measurements, Recurring |  |  |  |  |
Assets: |  |  |  |  |
Cash equivalents | 0.0 | 0.0 |  |  |
Marketable equity securities | 276.1 | 7.9 |  |  |
Derivative contracts | 0.0 | 0.0 |  |  |
Plan assets for deferred compensation | 0.0 | 0.0 |  |  |
Total | 276.1 | 7.9 |  |  |
Liabilities: |  |  |  |  |
Derivative contracts | 0.0 | 0.0 |  |  |
Contingent consideration obligations | 0.0 | 0.0 |  |  |
Total | 0.0 | 0.0 |  |  |
Quoted Prices in Active Markets (Level 1) | Fair Value, Measurements, Recurring | Corporate debt securities |  |  |  |  |
Assets: |  |  |  |  |
Marketable debt securities | 0.0 | 0.0 |  |  |
Quoted Prices in Active Markets (Level 1) | Fair Value, Measurements, Recurring | Government securities |  |  |  |  |
Assets: |  |  |  |  |
Marketable debt securities | 0.0 | 0.0 |  |  |
Quoted Prices in Active Markets (Level 1) | Fair Value, Measurements, Recurring | Mortgage and other asset backed securities |  |  |  |  |
Assets: |  |  |  |  |
Marketable debt securities | 0.0 | 0.0 |  |  |
Significant Other Observable Inputs (Level 2) | Fair Value, Measurements, Recurring |  |  |  |  |
Assets: |  |  |  |  |
Cash equivalents | 1,974.1 | 2,541.1 |  |  |
Marketable equity securities | 0.0 | 329.6 |  |  |
Derivative contracts | 107.3 | 43.8 |  |  |
Plan assets for deferred compensation | 24.5 | 27.7 |  |  |
Total | 4,344.5 | 5,912.5 |  |  |
Liabilities: |  |  |  |  |
Derivative contracts | 3.7 | 8.3 |  |  |
Contingent consideration obligations | 0.0 | 0.0 |  |  |
Total | 3.7 | 8.3 |  |  |
Significant Other Observable Inputs (Level 2) | Fair Value, Measurements, Recurring | Corporate debt securities |  |  |  |  |
Assets: |  |  |  |  |
Marketable debt securities | 1,353.5 | 1,695.1 |  |  |
Significant Other Observable Inputs (Level 2) | Fair Value, Measurements, Recurring | Government securities |  |  |  |  |
Assets: |  |  |  |  |
Marketable debt securities | 710.4 | 1,013.9 |  |  |
Significant Other Observable Inputs (Level 2) | Fair Value, Measurements, Recurring | Mortgage and other asset backed securities |  |  |  |  |
Assets: |  |  |  |  |
Marketable debt securities | 174.7 | 261.3 |  |  |
Significant Unobservable Inputs (Level 3) | Fair Value, Measurements, Recurring |  |  |  |  |
Assets: |  |  |  |  |
Cash equivalents | 0.0 | 0.0 |  |  |
Marketable equity securities | 0.0 | 0.0 |  |  |
Derivative contracts | 0.0 | 0.0 |  |  |
Plan assets for deferred compensation | 0.0 | 0.0 |  |  |
Total | 0.0 | 0.0 |  |  |
Liabilities: |  |  |  |  |
Derivative contracts | 0.0 | 0.0 |  |  |
Contingent consideration obligations | 341.5 | 346.1 |  |  |
Total | 341.5 | 346.1 |  |  |
Significant Unobservable Inputs (Level 3) | Fair Value, Measurements, Recurring | Corporate debt securities |  |  |  |  |
Assets: |  |  |  |  |
Marketable debt securities | 0.0 | 0.0 |  |  |
Significant Unobservable Inputs (Level 3) | Fair Value, Measurements, Recurring | Government securities |  |  |  |  |
Assets: |  |  |  |  |
Marketable debt securities | 0.0 | 0.0 |  |  |
Significant Unobservable Inputs (Level 3) | Fair Value, Measurements, Recurring | Mortgage and other asset backed securities |  |  |  |  |
Assets: |  |  |  |  |
Marketable debt securities | $ 0.0 | $ 0.0 |  |  |

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