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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 3,175,139 $ 1,938,606
Marketable securities 4,253,249 3,069,362
Accounts receivable, net 1,130,897 1,034,398
Inventories 1,769,962 1,945,180
Prepaid expenses and other current assets 548,693 412,518
Total current assets 10,877,940 8,400,064
Property and equipment, net 93,034 101,580
Goodwill and acquisition-related intangible assets, net 337,230 357,299
Deferred tax assets 1,318,224 945,792
Other assets 220,295 151,900
TOTAL ASSETS 12,846,723 9,956,635
CURRENT LIABILITIES:    
Accounts payable 289,161 435,059
Accrued liabilities 323,990 407,302
Deferred revenue 1,599,590 915,204
Other current liabilities 221,633 161,870
Total current liabilities 2,434,374 1,919,435
Income taxes payable 116,604 95,751
Deferred revenue, non-current 907,741 591,000
Other long-term liabilities 142,115 131,390
TOTAL LIABILITIES 3,600,834 2,737,576
Commitments and contingencies (Note 5)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value—100,000 shares authorized and no shares issued and outstanding as of September 30, 2024 and December 31, 2023 0 0
Common stock, $0.0001 par value—1,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 314,847 and 312,245 shares issued and outstanding as of September 30, 2024 and December 31, 2023 31 31
Additional paid-in capital 2,371,010 2,108,331
Retained earnings 6,865,260 5,114,025
Accumulated other comprehensive income (loss) 9,588 (3,328)
TOTAL STOCKHOLDERS’ EQUITY 9,245,889 7,219,059
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 12,846,723 $ 9,956,635