FAIR VALUE OF CERTAIN FINANCIAL ASSETS AND LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2020

FAIR VALUE OF CERTAIN FINANCIAL ASSETS AND LIABILITIES

Schedule of financial assets and liabilities recorded at fair value on a recurring basis

September 30, 2020	Level 1		Level 2		Level 3		Total
Cash	$	719,429	$	—	$	—	$	719,429
Money market funds		319,984		—		—		319,984
Certificates of deposit		—		19,959		—		19,959
Commercial paper		—		91,445		—		91,445
U.S. government agency securities		—		76,657		—		76,657
U.S. treasuries		—		467,153		—		467,153
Foreign currency derivatives		—		(770)		—		(770)
Total	$	1,039,413	$	654,444	$	—	$	1,693,857
Amounts included in:
Cash and cash equivalents	$	1,039,413	$	35,317	$	—	$	1,074,730
Short-term investments		—		599,326		—		599,326
Accounts receivable, net		—		185		—		185
Investments		—		20,571		—		20,571
Accrued liabilities		—		(955)		—		(955)
Total	$	1,039,413	$	654,444	$	—	$	1,693,857

December 31, 2019	Level 1		Level 2		Level 3		Total
Cash	$	518,178	$	—	$	—	$	518,178
Money market funds		191,131		—		—		191,131
Certificates of deposit		—		28,049		—		28,049
Commercial paper		—		96,867		—		96,867
Variable rate demand notes		—		21,680		—		21,680
Municipal securities		—		167,224		—		167,224
U.S. government agency securities		—		73,634		—		73,634
U.S. treasuries		—		247,162		—		247,162
Foreign currency derivatives		—		(687)		—		(687)
Total	$	709,309	$	633,929	$	—	$	1,343,238
Amounts included in:
Cash and cash equivalents	$	709,309	$	88,648	$	—	$	797,957
Short-term investments		—		533,063		—		533,063
Accounts receivable, net		—		329		—		329
Investments		—		12,905		—		12,905
Accrued liabilities		—		(1,016)		—		(1,016)
Total	$	709,309	$	633,929	$	—	$	1,343,238