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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 3,511.4 $ 2,852.1 $ 2,087.3
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 72.6 62.0 70.6
Stock-based compensation 439.2 355.4 296.8
Deferred income taxes (312.0) (492.9) (370.8)
Other (27.1) (53.6) (34.0)
Changes in operating assets and liabilities:      
Accounts receivable, net (746.4) (106.1) (105.9)
Inventories (412.5) 110.6 (655.5)
Other assets (937.4) (234.2) (66.4)
Accounts payable 260.5 (51.6) 198.6
Other liabilities 119.4 47.8 128.1
Deferred revenue 2,452.0 1,285.2 465.0
Income taxes, net (47.8) (66.5) 20.2
Net cash provided by operating activities 4,371.9 3,708.2 2,034.0
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from maturities of marketable securities 3,432.5 2,058.6 1,887.9
Proceeds from sale of marketable securities 144.3 48.8 67.3
Purchases of marketable securities (6,748.4) (4,526.1) (2,606.9)
Purchases of property, equipment and intangible assets (119.5) (32.0) (34.4)
Cash paid for business combination, net of cash acquired (300.0) 0.0 1.8
Other 14.9 (6.6) (3.2)
Net cash used in investing activities (3,576.2) (2,457.3) (687.5)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of common stock under equity plans 57.7 60.2 62.1
Tax withholding paid on behalf of employees for net share settlement (50.5) (58.4) (33.6)
Repurchase of common stock (1,603.1) (423.6) (112.3)
Net cash used in financing activities (1,595.9) (421.8) (83.8)
Effect of exchange rate changes 1.7 (4.8) 0.8
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (798.5) 824.3 1,263.5
CASH, CASH EQUIVALENTS AND RESTRICTED CASH —Beginning of period 2,763.8 1,939.5 676.0
CASH, CASH EQUIVALENTS AND RESTRICTED CASH —End of period 1,965.3 2,763.8 1,939.5
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:      
Cash paid for income taxes, net of refunds $ 1,095.9 $ 970.6 $ 686.2