XML 37 R26.htm IDEA: XBRL DOCUMENT v3.25.3

Cash And Marketable Securities (Tables)

9 Months Ended

Oct. 03, 2025

Investments, Debt and Equity Securities [Abstract]

Schedule of Investments by Security Type

Cash, cash equivalents and marketable securities consisted of the following (in thousands):

			September 30, 2025
			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
Debt securities available-for-sale:
Commercial paper			$	226,314					$	—					$	—					$	226,314
Corporate bonds			847,895						4,328						(27)						852,196
U.S. Treasury and government-sponsored enterprises			171,042						669						(50)						171,661
Municipal bonds			8,715						46						—						8,761
Total debt securities available-for-sale			1,253,966						5,043						(77)						1,258,932
Money market funds			222,394						—						—						222,394
Certificates of deposit			85,496						—						—						85,496
Total cash, cash equivalents and marketable securities			$	1,561,856					$	5,043					$	(77)					$	1,566,822

			December 31, 2024
			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
Debt securities available-for-sale:
Commercial paper			$	172,891					$	—					$	—					$	172,891
Corporate bonds			1,012,035						1,498						(2,167)						1,011,366
U.S. Treasury and government-sponsored enterprises			339,126						226						(959)						338,393
Municipal bonds			2,990						11						—						3,001
Total debt securities available-for-sale			1,527,042						1,735						(3,126)						1,525,651
Money market funds			145,690						—						—						145,690
Certificates of deposit			77,226						—						—						77,226
Total cash, cash equivalents and marketable securities			$	1,749,958					$	1,735					$	(3,126)					$	1,748,567

Schedule of Fair Value and Gross Unrealized Losses of Investments Available-for-Sale in an Unrealized Loss Position

The fair value and gross unrealized losses on debt securities available-for-sale in an unrealized loss position were as follows (in thousands):

			September 30, 2025
			In an Unrealized Loss Position Less than 12 Months												In an Unrealized Loss Position 12 Months or Greater												Total
			Fair Value						Gross Unrealized Losses						Fair Value						Gross Unrealized Losses						Fair Value						Gross Unrealized Losses
Corporate bonds			$	31,172					$	(14)					$	14,028					$	(13)					$	45,200					$	(27)
U.S. Treasury and government-sponsored enterprises			8,607						(8)						20,889						(42)						29,496						(50)
Total			$	39,779					$	(22)					$	34,917					$	(55)					$	74,696					$	(77)

			December 31, 2024
			In an Unrealized Loss Position Less than 12 Months												In an Unrealized Loss Position 12 Months or Greater												Total
			Fair Value						Gross Unrealized Losses						Fair Value						Gross Unrealized Losses						Fair Value						Gross Unrealized Losses
Corporate bonds			$	370,065					$	(1,630)					$	160,887					$	(537)					$	530,952					$	(2,167)
U.S. Treasury and government-sponsored enterprises			125,224						(755)						56,984						(204)						182,208						(959)
Total			$	495,289					$	(2,385)					$	217,871					$	(741)					$	713,160					$	(3,126)

Schedule of Fair Value of Cash Equivalents and Investments by Contractual Maturity

The fair values of debt securities available-for-sale by contractual maturity were as follows (in thousands):

			September 30, 2025						December 31, 2024
Maturing in one year or less			$	680,645					$	888,360
Maturing after one year through five years			578,287						637,291
Total debt securities available-for-sale			$	1,258,932					$	1,525,651

X

- Definition

Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 326
-SubTopic 30
-Name Accounting Standards Codification
-Section 55
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479081/326-30-55-8

Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-6

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479106/326-30-50-4

+ Details

Name:	us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

+ References

No definition available.

+ Details

Name:	us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of unrealized gains and losses on investments.

+ References

No definition available.

+ Details

Name:	us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration