Treasury (Tables)

3 Months Ended

Mar. 31, 2021

Summary of Effects of Foreign Currency Foreign Exchange Contracts on Result of Operations

The following table presents the effects of our foreign currency foreign exchange contracts on our results of operations for the three-month periods ended March 31, 2021 and 2020 (in thousands):

	Gain/(Loss) recognized in AOCI
	Three months ended
	March 31,			March 31,
	2021			2020
Net Investment Hedge relationships
Foreign currency foreign exchange contracts	$	(21,114	)	$	40,546

Summary of Cash, Cash Equivalents and Restricted Cash Reported In Condensed Consolidated Statements of Cash Flows

Cash, cash equivalents, and restricted cash as reported in the condensed consolidated statements of cash flows are presented separately on our condensed consolidated balance sheets as follows (in thousands):

	March 31,			March 31,
	2021			2020
Cash and cash equivalents	$	764,502		$	54,619
Restricted cash and cash equivalents (a)		54,666			44,604
Total cash, cash equivalents and restricted cash	$	819,168	(b)	$	99,223

(a) Restricted cash and cash equivalents is included in other assets on the accompanying consolidated balance sheet.
(b) Consists primarily of short-term cash accounts on which interest is being earned at various annual rates ranging from 0.20% to 0.35%.