Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.8.0.1
Fair Value Measurements (Tables)
9 Months Ended
Mar. 31, 2018
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 the Company’s Condensed Consolidated Balance Sheet as follows:
As of March 31, 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
$
23,095

 
$

 
$
23,095

Money market funds and other
633,752

 
633,752

 

Marketable securities:
 
 
 
 
 
Corporate debt securities
873,986

 

 
873,986

Sovereign securities
17,681

 

 
17,681

U.S. Treasury securities
424,514

 
385,507

 
39,007

U.S. Government agency securities
313,137

 
313,137

 

Total cash equivalents and marketable securities(1)
2,286,165

 
1,332,396

 
953,769

Other current assets:
 
 
 
 
 
Derivative assets
2,318

 

 
2,318

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
194,756

 
142,392

 
52,364

Total financial assets(1)
$
2,483,239

 
$
1,474,788

 
$
1,008,451

Liabilities
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
Derivative liabilities
$
(4,577
)
 
$

 
$
(4,577
)
Total financial liabilities
$
(4,577
)
 
$

 
$
(4,577
)
________________
(1) Excludes cash of $553.2 million held in operating accounts and time deposits of $50.7 million as of March 31, 2018.

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 the Company’s Condensed Consolidated Balance Sheet as follows:  
As of June 30, 2017 (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
$
76,472

 
$

 
$
76,472

Money market funds and other
616,039

 
616,039

 

U.S. Government agency securities
117,417

 

 
117,417

Sovereign securities
10,050

 

 
10,050

Marketable securities:
 
 
 
 
 
Corporate debt securities
1,042,723

 

 
1,042,723

Sovereign securities
42,515

 

 
42,515

U.S. Government agency securities
391,409

 
368,121

 
23,288

U.S. Treasury securities
373,299

 
373,299

 

Total cash equivalents and marketable securities(1)
2,669,924

 
1,357,459

 
1,312,465

Other current assets:
 
 
 
 
 
Derivative assets
5,931

 

 
5,931

Other non-current assets:
 
 
 
 
 
Executive Deferred Savings Plan
182,150

 
136,145

 
46,005

Total financial assets(1)
$
2,858,005

 
$
1,493,604

 
$
1,364,401

Liabilities
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
Derivative liabilities
$
(1,275
)
 
$

 
$
(1,275
)
Total financial liabilities
$
(1,275
)
 
$

 
$
(1,275
)
________________
(1) Excludes cash of $307.4 million held in operating accounts and time deposits of $39.4 million as of June 30, 2017.