FAIR VALUE OF CERTAIN FINANCIAL ASSETS AND LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2021

FAIR VALUE OF CERTAIN FINANCIAL ASSETS AND LIABILITIES

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

June 30, 2021	Level 1		Level 2		Level 3		Total
Cash	$	760,217	$	—	$	—	$	760,217
Money market funds		809,022		—		—		809,022
Certificates of deposit		—		43,242		—		43,242
Commercial paper		—		186,912		—		186,912
U.S. government agency securities		—		94,573		—		94,573
U.S. treasuries		—		750,258		—		750,258
Foreign currency derivatives		—		291		—		291
Total	$	1,569,239	$	1,075,276	$	—	$	2,644,515
Amounts included in:
Cash and cash equivalents	$	1,569,239	$	15,000	$	—	$	1,584,239
Short-term investments		—		968,952		—		968,952
Accounts receivable, net		—		609		—		609
Investments		—		91,033		—		91,033
Accrued liabilities		—		(318)		—		(318)
Total	$	1,569,239	$	1,075,276	$	—	$	2,644,515

December 31, 2020	Level 1		Level 2		Level 3		Total
Cash	$	796,421	$	—	$	—	$	796,421
Money market funds		352,730		—		—		352,730
Certificates of deposit		—		23,137		—		23,137
Commercial paper		—		130,883		—		130,883
Municipal securities		—		9,083		—		9,083
U.S. government agency securities		—		91,882		—		91,882
U.S. treasuries		—		701,922		—		701,922
Foreign currency derivatives		—		(2,578)		—		(2,578)
Total	$	1,149,151	$	954,329	$	—	$	2,103,480
Amounts included in:
Cash and cash equivalents	$	1,149,151	$	31,262	$	—	$	1,180,413
Short-term investments		—		881,354		—		881,354
Accounts receivable, net		—		69		—		69
Investments		—		44,291		—		44,291
Accrued liabilities		—		(2,647)		—		(2,647)
Total	$	1,149,151	$	954,329	$	—	$	2,103,480