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Cash, Cash Equivalents and Restricted Cash
6 Months Ended
Jun. 30, 2019
Short-Term Investments And Fair Value Measurement [Abstract]  
Cash, Cash Equivalents and Restricted Cash Cash, Cash Equivalents, and Restricted Cash

The following tables summarize the Company's cash, cash equivalents, and restricted cash as of June 30, 2019 and December 31, 2018:
 
As of June 30, 2019
 
Cash and cash equivalents
 
Non-current Assets
 
Total
 
(in thousands)
Cash
$
2,219,099

 
$
22,645

 
$
2,241,744

Level 1 securities:
 
 
 
 
 
Money market funds
2,285,148

 
1,313

 
2,286,461

Level 2 securities:
 
 
 
 
 
Foreign Time Deposits
500,000

 

 
500,000

 
 
 
 
 
 
 
$
5,004,247

 
$
23,958

 
$
5,028,205


 
As of December 31, 2018
 
Cash and cash equivalents
 
Non-current Assets
 
Total
 
(in thousands)
Cash
$
2,572,685

 
$
16,260

 
$
2,588,945

Level 1 securities:
 
 
 
 
 
Money market funds
1,221,798

 
1,298

 
1,223,096

 
 
 
 
 
 
 
$
3,794,483

 
$
17,558

 
$
3,812,041


Non-current assets include restricted cash related to letter of credit agreements and workers compensation deposits.
There were no material gross realized gains or losses in the three and six months ended June 30, 2019 and 2018, respectively.