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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 279.2 $ 303.6
Marketable securities 1,300.1 1,442.7
Trade receivables, net 495.8 495.4
Prepaid expenses and other assets 59.1 80.2
Total current assets 2,134.2 2,321.9
LONG-TERM ASSETS:    
Marketable securities 2,368.8 2,287.3
Property and equipment, net 87.7 78.5
Deferred tax asset, net 55.3 84.7
Other intangible assets, net 42.8 41.0
Goodwill 981.9 950.5
Other assets 94.2 64.3
Total long-term assets 3,630.7 3,506.3
Total assets 5,764.9 5,828.2
CURRENT LIABILITIES:    
Trade payables 15.9 20.7
Employees and payroll accruals 190.9 157.0
Deferred revenues 1,011.9 980.2
Accrued expenses and other liabilities 178.0 174.0
Total current liabilities 1,396.7 1,331.9
LONG-TERM LIABILITIES:    
Deferred revenues 374.8 357.8
Income tax accrual 393.3 356.7
Other liabilities 31.3 9.4
Total long-term liabilities 799.4 723.9
Total liabilities 2,196.1 2,055.8
SHAREHOLDERS' EQUITY:    
Ordinary shares, NIS 0.01 par value, 500.0 shares authorized at December 31, 2019 and 2018; 261.3 shares issued at December 31, 2019 and 2018; 145.5 and 155.4 shares outstanding at December 31, 2019 and 2018, respectively 0.8 0.8
Additional paid-in capital 1,770.3 1,597.8
Treasury shares at cost, 115.8 and 105.9 ordinary shares at December 31, 2019 and 2018, respectively (8,092.7) (6,844.7)
Accumulated other comprehensive income (loss) 21.7 (24.5)
Retained earnings 9,868.7 9,043.0
Total shareholders' equity 3,568.8 3,772.4
Total liabilities and shareholders' equity $ 5,764.9 $ 5,828.2