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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flow from operating activities    
Net income (loss) $ 89.5 $ (46.1)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 120.5 132.5
Stock-based compensation 192.1 191.9
Net gains on equity investments (17.5) (5.7)
Amortization of deferred commissions 17.5 12.7
Other (0.9) (8.3)
Changes in operating assets and liabilities:    
Trade and other receivables, net (12.9) (9.5)
Prepaid expenses and other current assets (24.0) (26.1)
Other assets 55.4 41.8
Accounts payable (8.9) (2.4)
Accrued and other current liabilities (22.7) 9.5
Accrued compensation and benefits (8.1) (3.1)
Deferred revenue 43.4 54.7
Other non-current liabilities (42.6) (45.6)
Tenant improvement allowance reimbursement 19.3 45.4
Net cash provided by operating activities 400.1 341.7
Cash flow from investing activities    
Capital expenditures (67.8) (110.6)
Business combinations, net of cash acquired 0.0 (171.6)
Purchases of short-term investments (541.1) (582.7)
Proceeds from sales of short-term investments 183.0 341.0
Proceeds from maturities of short-term investments 221.9 236.7
Other 12.4 8.4
Net cash used in investing activities (191.6) (278.8)
Cash flow from financing activities    
Shares repurchased for tax withholdings on release of restricted stock units and awards (66.5) (67.1)
Proceeds from issuance of common stock, net of repurchases 1.6 2.0
Principal payments on finance lease obligations (64.9) (71.8)
Common stock repurchases (177.3) 0.0
Other (0.8) (0.4)
Net cash used in financing activities (307.9) (137.3)
Effect of exchange rate changes on cash and cash equivalents 0.8 (1.7)
Change in cash and cash equivalents (98.6) (76.1)
Cash and cash equivalents - beginning of period 551.3 519.3
Cash and cash equivalents - end of period 452.7 443.2
Supplemental cash flow data:    
Property and equipment acquired under finance leases $ 105.9 $ 107.0