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CASH EQUIVALENTS AND MARKETABLE SECURITIES | 6 Months Ended
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Jun. 30, 2022
Cash and Cash Equivalents [Abstract] |
CASH EQUIVALENTS AND MARKETABLE SECURITIES | CASH EQUIVALENTS AND MARKETABLE SECURITIES The cash equivalents and marketable securities consist of the following:
| As of June 30, 2022 |  |
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cash Equivalents |  | Marketable Securities |  |
| (In thousands) |  |
Money market funds | $ | 432,946 |  |  | $ | — |  |  | $ | — |  |  | $ | 432,946 |  |  | $ | 432,946 |  |  | $ | — |  |  |
Certificates of Deposit | 3,126 |  |  | — |  |  | (24) |  |  | 3,102 |  |  | — |  |  | 3,102 |  |  |
Commercial paper | 121,294 |  |  | — |  |  | (224) |  |  | 121,070 |  |  | — |  |  | 121,070 |  |  |
Corporate notes and bonds | 144,438 |  |  | 1 |  |  | (3,189) |  |  | 141,250 |  |  | — |  |  | 141,250 |  |  |
U.S. Treasuries | 39,551 |  |  | 1 |  |  | (8) |  |  | 39,544 |  |  | — |  |  | 39,544 |  |  |
U.S. Government agency securities | 456,128 |  |  | — |  |  | (8,766) |  |  | 447,362 |  |  | — |  |  | 447,362 |  |  |
Total | $ | 1,197,483 |  |  | $ | 2 |  |  | $ | (12,211) |  |  | $ | 1,185,274 |  |  | $ | 432,946 |  |  | $ | 752,328 |  |  |
| As of December 31, 2021
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cash Equivalents |  | Marketable Securities
| (In thousands)
Money market funds | $ | 35,789 |  |  | $ | — |  |  | $ | — |  |  | $ | 35,789 |  |  | $ | 35,789 |  |  | $ | — |
Certificates of Deposit | 16,001 |  |  | — |  |  | (2) |  |  | 15,999 |  |  | 6,000 |  |  | 9,999 |
Commercial paper | 215,964 |  |  | — |  |  | (114) |  |  | 215,850 |  |  | 26,997 |  |  | 188,853 |
Corporate notes and bonds | 199,244 |  |  | — |  |  | (872) |  |  | 198,372 |  |  | 760 |  |  | 197,612 |
U.S. Treasuries | 14,999 |  |  | — |  |  | (1) |  |  | 14,998 |  |  | — |  |  | 14,998 |
U.S. Government agency securities | 487,743 |  |  | — |  |  | (1,870) |  |  | 485,873 |  |  | — |  |  | 485,873 |
Total | $ | 969,740 |  |  | $ | — |  |  | $ | (2,859) |  |  | $ | 966,881 |  |  | $ | 69,546 |  |  | $ | 897,335 |
The following table summarizes the contractual maturities of the Company’s cash equivalents and marketable securities as of June 30, 2022:
| Amortized Cost |  | Fair Value
| (In thousands)
Due within one year | $ | 1,023,275 |  |  | $ | 1,017,129 |
Due within one to three years | 174,208 |  |  | 168,145 |
Total | $ | 1,197,483 |  |  | $ | 1,185,274 |
All available-for-sale securities have been classified as current, based on management's intent and ability to use the funds in current operations.

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- Definition The entire disclosure of cash, cash equivalents, and debt and equity securities, including any unrealized or realized gain (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI https://asc.fasb.org/topic&trid=2196928 + Details
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