XML 40 R27.htm IDEA: XBRL DOCUMENT v3.20.2
Marketable Securities and Equity Investments (Tables)
 9 Months Ended
Sep. 30, 2020
Investments, Debt and Equity Securities [Abstract]  
Schedule of Cash Equivalents and Marketable Securities
A summary of the Company’s cash equivalents and marketable securities, which are recorded at fair value (and do not include $2.2 billion and $2.3 billion of cash as of September 30, 2020 and December 31, 2019, respectively), is shown below:
As of September 30, 2020As of December 31, 2019
Amortized Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Amortized Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
(in thousands)
Cash equivalents:
Money market funds
$3,130,364 $— $— $3,130,364 $791,039 $— $— $791,039 
Corporate debt securities
— — — — 6,070 — — 6,070 
Commercial paper
5,000 1 — 5,001 29,470 3 (1)29,472 
Total cash equivalents
$3,135,364 $1 $— $3,135,365 $826,579 $3 $(1)$826,581 
Marketable securities:
Government-sponsored enterprise securities
$91,256 $33 $(6)$91,283 $12,689 $44 $— $12,733 
Corporate debt securities
275,554 1,067 (11)276,610 301,458 391 (50)301,799 
Commercial paper
112,159 242 (5)112,396 102,240 121 (5)102,356 
Total marketable debt securities
478,969 1,342 (22)480,289 416,387 556 (55)416,888 
Corporate equity securities
103,463 209,219 — 312,682 113,829 168,255 — 282,084 
Total marketable securities
$582,432 $210,561 $(22)$792,971 $530,216 $168,811 $(55)$698,972 
Available-for-sale debt securities were classified on the Company's condensed consolidated balance sheets at fair value as follows:
As of September 30, 2020As of December 31, 2019
(in thousands)
Cash and cash equivalents
$3,135,365 $826,581 
Marketable securities
480,289 416,888 
Total
$3,615,654 $1,243,469 
Available-for-sale debt securities by contractual maturity were as follows:
As of September 30, 2020As of December 31, 2019
(in thousands)
Matures within one year$3,514,474 $1,137,942 
Matures after one year through five years
101,180 105,527 
Total
$3,615,654 $1,243,469