FAIR VALUE OF CERTAIN FINANCIAL ASSETS AND LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2021

FAIR VALUE OF CERTAIN FINANCIAL ASSETS AND LIABILITIES

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

September 30, 2021	Level 1		Level 2		Level 3		Total
Cash	$	703,969	$	—	$	—	$	703,969
Money market funds		632,233		—		—		632,233
Certificates of deposit		—		47,616		—		47,616
Commercial paper		—		292,094		—		292,094
U.S. government agency securities		—		71,626		—		71,626
U.S. treasuries		—		1,217,454		—		1,217,454
Foreign currency derivatives		—		(217)		—		(217)
Total	$	1,336,202	$	1,628,573	$	—	$	2,964,775
Amounts included in:
Cash and cash equivalents	$	1,336,202	$	376,469	$	—	$	1,712,671
Short-term investments		—		1,224,066		—		1,224,066
Accounts receivable, net		—		157		—		157
Investments		—		28,255		—		28,255
Accrued liabilities		—		(374)		—		(374)
Total	$	1,336,202	$	1,628,573	$	—	$	2,964,775

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