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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 626.1 $ 1,222.5
Short-term investments 775.2 843.1
Accounts receivable—net 474.7 544.3
Inventory 105.0 117.9
Prepaid expenses and other current assets 54.3 41.2
Total current assets 2,035.3 2,769.0
LONG-TERM INVESTMENTS 172.0 144.3
PROPERTY AND EQUIPMENT—NET 374.2 344.3
DEFERRED CONTRACT COSTS 248.7 237.0
DEFERRED TAX ASSETS 226.5 232.6
GOODWILL 67.2 67.2
OTHER INTANGIBLE ASSETS—NET 27.1 31.1
OTHER ASSETS 55.2 60.0
TOTAL ASSETS 3,206.2 3,885.5
CURRENT LIABILITIES:    
Accounts payable 87.8 96.4
Accrued liabilities 121.4 101.8
Accrued payroll and compensation 103.6 101.8
Deferred revenue 1,230.2 1,173.6
Total current liabilities 1,543.0 1,473.6
DEFERRED REVENUE 996.6 962.3
INCOME TAX LIABILITIES 81.3 82.8
OTHER LIABILITIES 49.0 44.9
Total liabilities 2,669.9 2,563.6
COMMITMENTS AND CONTINGENCIES (Note 11)
STOCKHOLDERS’ EQUITY:    
Common stock, $0.001 par value—300 shares authorized; 162.6 and 171.7 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 0.2 0.2
Additional paid-in capital 1,128.4 1,180.3
Accumulated other comprehensive income (loss) (3.1) 1.1
Retained earnings (accumulated deficit) (589.2) 140.3
Total stockholders’ equity 536.3 1,321.9
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,206.2 $ 3,885.5