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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 2,225.5 $ 2,762.4
Marketable securities 6,618.9 5,541.1
Accounts receivable, net 1,623.6 1,140.5
Inventories 2,059.1 1,834.6
Prepaid expenses and other current assets 976.4 632.3
Total current assets 13,503.5 11,910.9
Property and equipment, net 152.3 98.8
Goodwill 416.5 268.5
Deferred tax assets 1,802.5 1,440.4
Other assets 659.4 325.3
TOTAL ASSETS 16,534.2 14,043.9
CURRENT LIABILITIES:    
Accounts payable 543.9 381.1
Accrued liabilities 380.7 435.3
Deferred revenue 2,787.6 1,727.3
Other current liabilities 339.2 188.5
Total current liabilities 4,051.4 2,732.2
Deferred revenue, non-current 1,274.1 1,064.1
Other long-term liabilities 307.1 252.8
TOTAL LIABILITIES 5,632.6 4,049.1
Commitments and Contingencies (Note 5)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value—100 shares authorized and no shares issued and outstanding as of June 30, 2025 and December 31, 2024 0.0 0.0
Common stock, $0.0001 par value—4,000 shares authorized as of June 30, 2025 and December 31, 2024; 1,256.8 and 1,261.3 shares issued and outstanding as of June 30, 2025 and December 31, 2024 0.1 0.1
Additional paid-in capital 2,635.6 2,465.4
Retained earnings 8,262.1 7,542.5
Accumulated other comprehensive income (loss) 3.8 (13.2)
TOTAL STOCKHOLDERS’ EQUITY 10,901.6 9,994.8
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 16,534.2 $ 14,043.9