XML 87 R72.htm IDEA: XBRL DOCUMENT v3.24.4
Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Deferred tax assets:    
Stock-based compensation $ 440,889 $ 486,876
Tax credits and net operating loss carryforwards 834,402 544,431
Capitalized research expenses 1,075,474 593,439
Accruals and reserves 152,142 137,251
Operating lease liabilities 522,489 516,574
OCI hedging losses 0 35,707
Unrealized losses 12,157 26,506
Other 18,197 11,615
Total deferred tax assets 3,055,750 2,352,399
Valuation allowance (540,272) (442,293)
Net deferred tax assets 2,515,478 1,910,106
Deferred tax liabilities:    
Depreciation & amortization (370,709) (357,477)
Operating right-of-use lease assets (449,661) (435,216)
OCI hedging gains (220,009) 0
Acquired intangibles (282,187) (233,433)
Other (15,354) (9,430)
Total deferred tax liabilities (1,337,920) (1,035,556)
Net deferred tax assets $ 1,177,558 $ 874,550