Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.19.1
Fair Value Measurements (Tables)
9 Months Ended
Mar. 31, 2019
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis
Financial assets (excluding cash held in operating accounts and time deposits) and liabilities measured at fair value on a recurring basis, as of the date indicated below, were presented on our Condensed Consolidated Balance Sheet as follows:
As of March 31, 2019 (In thousands)
Total
 
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
 
Significant 
Other
Observable 
Inputs
(Level 2)
 
Little or no market activity
Inputs
(Level 3)
Assets
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds and other
$
592,141

 
$
592,141

 
$

 
$

U.S. Treasury securities

 

 

 

Marketable securities:
 
 
 
 
 
 
 
Corporate debt securities
439,246

 

 
439,246

 

Sovereign securities
10,991

 

 
10,991

 

U.S. Government agency securities
166,092

 
166,092

 

 

U.S. Treasury securities
187,080

 
187,080

 

 

Total cash equivalents and marketable securities(1)
1,395,550

 
945,313

 
450,237

 

Other current assets:
 
 
 
 
 
 
 
Derivative assets
4,246

 

 
4,246

 

Other non-current assets:
 
 
 
 
 
 
 
Executive Deferred Savings Plan
203,286

 
153,528

 
49,758

 

Total financial assets(1)
$
1,603,082

 
$
1,098,841

 
$
504,241

 
$

Liabilities
 
 
 
 
 
 
 
Derivative liabilities
$
(1,816
)
 
$

 
$
(1,816
)
 
$

Deferred payments
(8,800
)
 

 

 
(8,800
)
Contingent consideration payable

(13,840
)
 

 

 
(13,840
)
Total financial liabilities
$
(24,456
)
 
$

 
$
(1,816
)
 
$
(22,640
)
________________
(1) Excludes cash of $446.7 million held in operating accounts and time deposits of $55.0 million as of March 31, 2019.

Financial assets (excluding cash held in operating accounts and time deposits) and liabilities measured at fair value on a recurring basis, as of the date indicated below, were presented on our Condensed Consolidated Balance Sheet as follows:  
As of June 30, 2018 (In thousands)
Total
 
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
 
Significant Other
Observable Inputs
(Level 2)
Assets
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
Corporate debt securities
$
4,995

 
$

 
$
4,995

Money market funds and other
863,115

 
863,115

 

U.S. Government agency securities
7,675

 

 
7,675

U.S. Treasury securities
1,996

 

 
1,996

Marketable securities:
 
 
 
 
 
Corporate debt securities
735,408

 

 
735,408

Sovereign securities
17,142

 

 
17,142

U.S. Government agency securities
316,022

 
299,501

 
16,521

U.S. Treasury securities
405,654

 
364,574

 
41,080

Total cash equivalents and marketable securities(1)
2,352,007

 
1,527,190

 
824,817

Other current assets:
 
 
 
 
 
Derivative assets
5,385

 

 
5,385

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
197,213

 
143,580

 
53,633

Total financial assets(1)
$
2,554,605

 
$
1,670,770

 
$
883,835

Liabilities
 
 
 
 
 
Derivative liabilities
$
(6,828
)
 
$

 
$
(6,828
)
Total financial liabilities
$
(6,828
)
 
$

 
$
(6,828
)
________________
(1) Excludes cash of $473.8 million held in operating accounts and time deposits of $54.5 million as of June 30, 2018.