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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 916.4 $ 1,222.5
Short-term investments 610.5 843.1
Accounts receivable—net 498.7 544.3
Inventory 126.0 117.9
Prepaid expenses and other current assets 57.1 41.2
Total current assets 2,208.7 2,769.0
LONG-TERM INVESTMENTS 100.4 144.3
PROPERTY AND EQUIPMENT—NET 392.6 344.3
DEFERRED CONTRACT COSTS 263.5 237.0
DEFERRED TAX ASSETS 218.9 232.6
GOODWILL 67.2 67.2
OTHER INTANGIBLE ASSETS—NET 23.4 31.1
OTHER ASSETS 55.9 60.0
TOTAL ASSETS 3,330.6 3,885.5
CURRENT LIABILITIES:    
Accounts payable 107.2 96.4
Accrued liabilities 118.2 101.8
Accrued payroll and compensation 110.7 101.8
Deferred revenue 1,275.8 1,173.6
Total current liabilities 1,611.9 1,473.6
DEFERRED REVENUE 1,047.0 962.3
INCOME TAX LIABILITIES 77.3 82.8
OTHER LIABILITIES 50.5 44.9
Total liabilities 2,786.7 2,563.6
COMMITMENTS AND CONTINGENCIES (Note 11)
STOCKHOLDERS’ EQUITY:    
Common stock, $0.001 par value—300 shares authorized; 161.8 and 171.7 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 0.2 0.2
Additional paid-in capital 1,154.3 1,180.3
Accumulated other comprehensive income 2.5 1.1
Retained earnings (accumulated deficit) (613.1) 140.3
Total stockholders’ equity 543.9 1,321.9
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,330.6 $ 3,885.5