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Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating Activities    
Net income $ 392,355 $ 474,700
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and other 159,283 188,443
Stock-based compensation expense 228,854 202,523
Deferred income tax benefit (34,372) (184,573)
Effects of exchange rate changes on monetary assets and liabilities denominated in foreign currencies (9,225) 2,712
Other non-cash items 16,196 7,888
Total adjustments to reconcile net income to net cash provided by operating activities 360,736 216,993
Changes in operating assets and liabilities:    
Accounts receivable 150,347 256,628
Inventories (592) 443
Prepaid expenses and other current assets (39,049) (13,539)
Other assets (67,139) (50,068)
Income taxes, net 16,640 (42,119)
Accounts payable 17,973 (2,645)
Accrued expenses and other current liabilities 73,737 (48,485)
Deferred revenues (103,487) (219,000)
Other liabilities 14,252 4,111
Total changes in operating assets and liabilities 62,682 (114,674)
Net cash provided by operating activities 815,773 577,019
Investing Activities    
Purchases of available-for-sale investments (476,432) (19,999)
Proceeds from sales of available-for-sale investments 0 938,031
Proceeds from maturities of available-for-sale investments 166,077 165,944
Purchases of property and equipment (30,783) (50,453)
Cash paid for licensing agreements, patents and technology (5,581) (2,405)
Other 923 919
Net cash (used in) provided by investing activities (345,796) 1,032,037
Financing Activities    
Proceeds from term loan credit agreement, net of issuance costs 998,846 0
Repayment of term loan credit agreement (750,000) 0
Proceeds from 2030 Notes, net of issuance costs 738,107 0
Proceeds from credit facility 0 200,000
Repayment of credit facility 0 (200,000)
Repayment on convertible notes 0 (1,164,497)
Stock repurchases, net (1,199,903) (353,904)
Cash paid for tax withholding on vested stock awards (104,848) (74,794)
Cash paid for dividends (129,108) (137,224)
Net cash used in financing activities (446,906) (1,730,419)
Effect of exchange rate changes on cash and cash equivalents (8) (3,569)
Change in cash and cash equivalents 23,063 (124,932)
Cash and cash equivalents at beginning of period 545,761 618,766
Cash and cash equivalents at end of period $ 568,824 $ 493,834