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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flow from operating activities    
Net income $ 242.8 $ 112.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 63.8 85.2
Stock-based compensation 168.5 171.3
Net loss on real estate assets [1] 0.0 2.2
Amortization of debt issuance costs 2.1 2.1
Amortization of deferred commissions 14.9 20.8
Non-cash operating lease expense 18.1 23.5
Deferred taxes 0.5 7.5
Other 0.1 0.5
Changes in operating assets and liabilities:    
Trade and other receivables, net 1.1 (6.5)
Prepaid expenses and other current assets (21.7) (17.6)
Other assets 2.0 3.7
Accounts payable (1.8) 6.9
Accrued and other current liabilities (18.0) (7.6)
Accrued compensation and benefits (42.0) (65.1)
Deferred revenue 16.6 31.3
Other non-current liabilities 2.4 (7.6)
Operating lease liabilities (28.4) (35.3)
Cash paid for lease termination (14.9) 0.0
Net cash provided by operating activities 406.1 327.5
Cash flow from investing activities    
Capital expenditures (15.1) (4.9)
Business combinations, net of cash acquired (21.1) 0.0
Purchases of short-term investments (62.3) (47.9)
Proceeds from sales of short-term investments 58.6 331.6
Proceeds from maturities of short-term investments 206.5 119.4
Other 10.3 8.7
Net cash provided by investing activities 176.9 406.9
Cash flow from financing activities    
Payments of debt issuance costs 0.0 (0.1)
Payments for taxes related to net share settlement of restricted stock units and awards (76.0) (66.2)
Proceeds from issuance of common stock, net of taxes withheld 0.1 1.2
Principal payments on finance lease obligations (63.9) (63.9)
Common stock repurchases (539.6) (329.6)
Net cash used in financing activities (679.4) (458.6)
Effect of exchange rate changes on cash and cash equivalents (3.4) 1.7
Change in cash and cash equivalents (99.8) 277.5
Cash and cash equivalents - beginning of period 614.9 232.8
Cash and cash equivalents - end of period 515.1 510.3
Supplemental cash flow data:    
Property and equipment acquired under finance leases $ 61.9 $ 67.9
[1] Includes impairment charges related to real estate assets as a result of the Company's Virtual First work model.