XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 3,368.5 $ 2,875.9
Short-term investments 1,194.4 1,190.6
Accounts receivable—net 1,215.7 1,463.4
Inventory 405.2 315.5
Prepaid expenses and other current assets 162.5 126.1
Total current assets 6,346.3 5,971.5
LONG-TERM INVESTMENTS 112.0 0.0
PROPERTY AND EQUIPMENT—NET 1,544.8 1,349.5
DEFERRED CONTRACT COSTS 665.4 622.9
DEFERRED TAX ASSETS 1,457.2 1,335.6
GOODWILL 258.9 235.4
OTHER INTANGIBLE ASSETS—NET 123.3 115.0
OTHER ASSETS 133.5 133.2
TOTAL ASSETS 10,641.4 9,763.1
CURRENT LIABILITIES:    
Accounts payable 245.2 190.9
Accrued liabilities 339.1 337.9
Accrued payroll and compensation 281.3 255.7
Current portion of long-term debt 499.0 0.0
Deferred revenue 3,412.5 3,276.2
Total current liabilities 4,777.1 4,060.7
DEFERRED REVENUE 3,155.1 3,084.7
LONG-TERM DEBT 496.3 994.3
OTHER LIABILITIES 152.5 129.6
Total liabilities 8,581.0 8,269.3
COMMITMENTS AND CONTINGENCIES (NOTE 10)
STOCKHOLDERS’ EQUITY:    
Common stock, $0.001 par value—1,500.0 shares authorized; 765.6 and 767.0 shares issued and outstanding on June 30, 2025 and December 31, 2024, respectively 0.8 0.8
Additional paid-in capital 1,715.9 1,636.2
Accumulated other comprehensive loss (20.7) (26.1)
Retained earnings (accumulated deficit) 364.4 (117.1)
Total stockholders’ equity 2,060.4 1,493.8
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 10,641.4 $ 9,763.1