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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 2,304.2 $ 1,682.9
Short-term investments 548.8 502.6
Marketable equity securities 26.1 25.5
Accounts receivable—net 1,087.2 1,261.7
Inventory 302.7 264.6
Prepaid expenses and other current assets 89.7 73.1
Total current assets 4,358.7 3,810.4
LONG-TERM INVESTMENTS 15.6 45.5
PROPERTY AND EQUIPMENT—NET 917.4 898.5
DEFERRED CONTRACT COSTS 536.9 518.2
DEFERRED TAX ASSETS 649.6 569.4
GOODWILL 127.8 128.0
OTHER INTANGIBLE ASSETS—NET 51.1 56.0
OTHER ASSETS 175.2 202.0
TOTAL ASSETS 6,832.3 6,228.0
CURRENT LIABILITIES:    
Accounts payable 238.4 243.4
Accrued liabilities 346.7 266.3
Accrued payroll and compensation 213.4 219.4
Deferred revenue 2,463.3 2,349.3
Total current liabilities 3,261.8 3,078.4
DEFERRED REVENUE 2,417.6 2,291.0
INCOME TAX LIABILITIES 70.5 67.8
LONG-TERM DEBT 990.9 990.4
OTHER LIABILITIES 80.1 82.0
Total liabilities 6,820.9 6,509.6
COMMITMENTS AND CONTINGENCIES (Note 11)
STOCKHOLDERS’ EQUITY (DEFICIT):    
Common stock, $0.001 par value—1,500.0 shares authorized; 784.4 and 781.5 shares issued and outstanding on March 31, 2023 and December 31, 2022, respectively 0.8 0.8
Additional paid-in capital 1,327.4 1,284.2
Accumulated other comprehensive loss (18.1) (20.2)
Accumulated deficit (1,298.7) (1,546.4)
Total stockholders’ equity (deficit) 11.4 (281.6)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 6,832.3 $ 6,228.0