FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2011

FAIR VALUE MEASUREMENTS

Financial instruments carried at fair value

Financial assets and liabilities carried at fair value as of June 30, 2011 are classified in the table below in the categories described below (in thousands):

	Level 1		Level 2		Level 3		Total
ASSETS:
Short-term investments
U.S. government securities	$	—	$	586,836	$	—	$	586,836
Foreign government securities	—		664,988		—		664,988
U.S. agency securities	—		45,587		—		45,587
U.S. corporate notes	—		40,758		—		40,758
Foreign exchange derivatives	—		463		—		463
Total assets at fair value	$	—	$	1,338,632	$	—	$	1,338,632

	Level 1		Level 2		Level 3		Total
LIABILITIES:
Foreign exchange derivatives	$	—	$	16,468	$	—	$	16,468
Redeemable noncontrolling interests	—		—		67,496		67,496
Total liabilities at fair value	$	—	$	16,468	$	67,496	$	83,964

Financial assets and liabilities carried at fair value as of December 31, 2010 were classified in the table below in the categories described below (in thousands):

	Level 1		Level 2		Level 3		Total
ASSETS:
Short-term investments
U.S. government securities	$	—	$	469,208	$	—	$	469,208
Foreign government securities	—		683,318		—		683,318
U.S. agency securities	—		109,905		—		109,905
U.S. corporate notes	—		40,820		—		40,820
Long-term investments	—		394		—		394
Foreign exchange derivatives	—		4,970		—		4,970
Total assets at fair value	$	—	$	1,308,615	$	—	$	1,308,615

	Level 1		Level 2		Level 3		Total
LIABILITIES:
Foreign exchange derivatives	$	—	$	6,995	$	—	$	6,995
Redeemable noncontrolling interests	—		—		45,751		45,751
Total liabilities at fair value	$	—	$	6,995	$	45,751	$	52,746