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FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2018
Investments Debt And Equity Securities [Abstract]  
Schedule of Cash, Cash Equivalents and Available-for-Sale Securities by Significant Investment Category

The following tables show the Company’s cash, cash equivalents and available-for-sale securities by significant investment category as of June 30, 2018 and December 31, 2017, respectively:

 

 

 

Amortized Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair Value

 

 

Cash and Cash Equivalents

 

 

Short-term

Marketable Securities (1)

 

 

Long-term

Marketable Securities (2)

 

Level 1:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

209,062

 

 

$

 

 

$

 

 

$

209,062

 

 

$

209,062

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Level 2:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market instruments

 

 

177,882

 

 

 

 

 

 

 

 

 

177,882

 

 

 

177,882

 

 

 

 

 

 

 

Corporate debt securities

 

 

643,979

 

 

 

136

 

 

 

(3,452

)

 

 

640,663

 

 

 

7,708

 

 

 

411,185

 

 

 

221,770

 

Commercial paper

 

 

51,818

 

 

 

1

 

 

 

 

 

 

51,819

 

 

 

18,947

 

 

 

32,871

 

 

 

 

U.S. government agency securities

 

 

532,066

 

 

 

4

 

 

 

(1,597

)

 

 

530,473

 

 

 

11,312

 

 

 

461,143

 

 

 

58,019

 

Foreign and other

 

 

33,035

 

 

 

150

 

 

 

(23

)

 

 

33,162

 

 

 

2,500

 

 

 

30,463

 

 

 

199

 

Subtotal

 

 

1,438,780

 

 

 

291

 

 

 

(5,072

)

 

 

1,433,999

 

 

 

218,349

 

 

 

935,662

 

 

 

279,988

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

1,647,842

 

 

$

291

 

 

$

(5,072

)

 

$

1,643,061

 

 

$

427,411

 

 

$

935,662

 

 

$

279,988

 

 

 

Amortized Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair Value

 

 

Cash and Cash Equivalents

 

 

Short-term

Marketable Securities (1)

 

 

Long-term

Marketable Securities (2)

 

Level 1:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

340,253

 

 

$

 

 

$

 

 

$

340,253

 

 

$

340,253

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Level 2:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market instruments

 

 

215,441

 

 

 

 

 

 

 

 

 

215,441

 

 

 

215,441

 

 

 

 

 

 

 

Corporate debt securities

 

 

707,652

 

 

 

150

 

 

 

(2,553

)

 

 

705,249

 

 

 

3,096

 

 

 

406,188

 

 

 

295,965

 

Commercial paper

 

 

24,566

 

 

 

 

 

 

 

 

 

24,566

 

 

 

2,751

 

 

 

21,815

 

 

 

U.S. government agency securities

 

 

472,593

 

 

 

 

 

 

(1,975

)

 

 

470,618

 

 

 

35,497

 

 

 

345,501

 

 

 

89,620

 

Foreign and other

 

 

25,540

 

 

 

150

 

 

 

(64

)

 

 

25,626

 

 

990

 

 

 

24,436

 

 

 

200

 

Subtotal

 

 

1,445,792

 

 

 

300

 

 

 

(4,592

)

 

 

1,441,500

 

 

 

257,775

 

 

 

797,940

 

 

 

385,785

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

1,786,045

 

 

$

300

 

 

$

(4,592

)

 

$

1,781,753

 

 

$

598,028

 

 

$

797,940

 

 

$

385,785

 

(1) The Company’s short-term marketable securities mature in one year or less.

(2) The Company’s long-term marketable securities mature between one and five years.