10-Q Filing

CADENCE DESIGN SYSTEMS INC CIK: 813672 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000813672-22-000037`
Period End Date	20220630
Filing Date	20220725
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	cdns-20220702_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 68 Cash Flow Statement 74 Stockholders Equity 42 Comprehensive Income 20

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.09B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.03B	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$391.74M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$337.60M	USD	Point-in-time
Inventories	`InventoryNet`	$115.72M	USD	Point-in-time
Inventories	`InventoryNet`	$106.37M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$129.97M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$173.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.72B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.66B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$305.91M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$316.74M	USD	Point-in-time
Goodwill	`Goodwill`	$928.36M	USD	Point-in-time
Goodwill	`Goodwill`	$924.46M	USD	Point-in-time
Acquired intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$233.26M	USD	Point-in-time
Acquired intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$215.78M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxAssetsNet`	$763.77M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxAssetsNet`	$802.89M	USD	Point-in-time
Other assets	`OtherAssets`	$443.79M	USD	Point-in-time
Other assets	`OtherAssets`	$439.23M	USD	Point-in-time
Total assets	`Assets`	$4.36B	USD	Point-in-time
Total assets	`Assets`	$4.39B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$417.28M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$437.19M	USD	Point-in-time
Current portion of deferred revenue	`ContractWithCustomerLiabilityCurrent`	$605.30M	USD	Point-in-time
Current portion of deferred revenue	`ContractWithCustomerLiabilityCurrent`	$553.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$971.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.04B	USD	Point-in-time
Long-term portion of deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$114.57M	USD	Point-in-time
Long-term portion of deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$101.15M	USD	Point-in-time
Long-term debt	`UnsecuredLongTermDebt`	$348.00M	USD	Point-in-time
Long-term debt	`UnsecuredLongTermDebt`	$347.59M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$225.66M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$230.98M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$693.55M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$674.40M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock and capital in excess of par value	`CommonStocksIncludingAdditionalPaidInCapital`	$2.47B	USD	Point-in-time
Common stock and capital in excess of par value	`CommonStocksIncludingAdditionalPaidInCapital`	$2.59B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$3.35B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$2.74B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.05B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.47B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-81.38M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-33.31M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.52B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.76B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.54B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.63B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.74B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.49B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.39B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.36B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.76B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$857.52M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.46B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$728.28M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$279.48M	USD	2 Qtrs
Marketing and sales	`SellingAndMarketingExpense`	$135.97M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$139.30M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$268.79M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$286.60M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$285.23M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$556.22M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$577.49M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$51.43M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$100.36M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$80.28M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$40.33M	USD	1 Quarter
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$9.60M	USD	2 Qtrs
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$9.66M	USD	2 Qtrs
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$4.63M	USD	1 Quarter
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$5.03M	USD	1 Quarter
Restructuring	`RestructuringCharges`	$28.00K	USD	2 Qtrs
Restructuring	`RestructuringCharges`	$-746.00K	USD	2 Qtrs
Restructuring	`RestructuringCharges`	$-469.00K	USD	1 Quarter
Restructuring	`RestructuringCharges`	$16.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$542.85M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.07B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$574.63M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.16B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$282.89M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$601.82M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$389.38M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$185.44M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.53M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.32M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.28M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.39M	USD	2 Qtrs
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$-10.86M	USD	2 Qtrs
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$-5.96M	USD	1 Quarter
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$4.84M	USD	2 Qtrs
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$2.14M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$183.26M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$272.64M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$582.57M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$385.69M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$42.62M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$160.31M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$85.72M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$27.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$422.25M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$343.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$186.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$155.90M	USD	1 Quarter
Net income per share - basic (usd per share)	`EarningsPerShareBasic`	$0.69	USD	1 Quarter
Net income per share - basic (usd per share)	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Net income per share - basic (usd per share)	`EarningsPerShareBasic`	$1.55	USD	2 Qtrs
Net income per share - basic (usd per share)	`EarningsPerShareBasic`	$1.25	USD	2 Qtrs
Net Income per share - diluted (usd per share)	`EarningsPerShareDiluted`	$1.53	USD	2 Qtrs
Net Income per share - diluted (usd per share)	`EarningsPerShareDiluted`	$0.56	USD	1 Quarter
Net Income per share - diluted (usd per share)	`EarningsPerShareDiluted`	$1.23	USD	2 Qtrs
Net Income per share - diluted (usd per share)	`EarningsPerShareDiluted`	$0.68	USD	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	271.52M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	272.03M	shares	2 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	273.56M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	273.84M	shares	2 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	279.40M	shares	2 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	278.56M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	275.17M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	276.10M	shares	2 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$928.43M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$847.16M	USD	Point-in-time
Net income	`NetIncomeLoss`	$422.25M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$343.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$186.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$155.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$71.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$67.69M	USD	2 Qtrs
Amortization of debt discount and fees	`AmortizationOfFinancingCostsAndDiscounts`	$687.00K	USD	2 Qtrs
Amortization of debt discount and fees	`AmortizationOfFinancingCostsAndDiscounts`	$539.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$103.11M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$64.27M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$123.74M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$50.52M	USD	1 Quarter
(Gain) loss on investments, net	`GainLossOnInvestments`	$-3.12M	USD	2 Qtrs
(Gain) loss on investments, net	`GainLossOnInvestments`	$795.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-41.60M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.71M	USD	2 Qtrs
Provisions for losses on receivables	`ProvisionForDoubtfulAccounts`	$133.00K	USD	2 Qtrs
Provisions for losses on receivables	`ProvisionForDoubtfulAccounts`	$242.00K	USD	2 Qtrs
ROU asset amortization and change in operating lease liabilities	`ROUassetamortizationandchangeinoperatingleaseliabilities`	$1.74M	USD	2 Qtrs
ROU asset amortization and change in operating lease liabilities	`ROUassetamortizationandchangeinoperatingleaseliabilities`	$-2.48M	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-183.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-88.00K	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$64.04M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$48.02M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-367.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$14.53M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-7.69M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-40.57M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-14.48M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-6.99M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-14.77M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$17.47M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$80.46M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$127.29M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$6.64M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-5.87M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$588.82M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$661.15M	USD	2 Qtrs
Purchases of non-marketable investments	`PaymentsToAcquireInvestments`	$1.00M	USD	2 Qtrs
Purchases of non-marketable investments	`PaymentsToAcquireInvestments`	-	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$31.14M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.20M	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$750.00K	USD	2 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	2 Qtrs
Cash paid in business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$25.00M	USD	2 Qtrs
Cash paid in business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$220.66M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.95M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-251.80M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.28M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$50.22M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$52.25M	USD	2 Qtrs
Stock received for payment of employee taxes on vesting of restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$63.54M	USD	2 Qtrs
Stock received for payment of employee taxes on vesting of restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$78.05M	USD	2 Qtrs
Payments for repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$600.05M	USD	2 Qtrs
Payments for repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$392.29M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-613.37M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-419.38M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-38.22M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.08M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-59.40M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-81.27M	USD	2 Qtrs
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$928.43M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$847.16M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$7.92M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$7.97M	USD	2 Qtrs
Cash paid for taxes, net	`IncomeTaxesPaidNet`	$28.62M	USD	2 Qtrs
Cash paid for taxes, net	`IncomeTaxesPaidNet`	$79.28M	USD	2 Qtrs

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$2.52B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.76B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.54B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.63B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.74B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.49B	USD	Point-in-time
Net income	`NetIncomeLoss`	$422.25M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$343.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$186.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$155.90M	USD	1 Quarter
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-4.37M	USD	2 Qtrs
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-48.07M	USD	2 Qtrs
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$5.25M	USD	1 Quarter
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-33.46M	USD	1 Quarter
Purchase of treasury stock, shares	`TreasuryStockSharesAcquired`	3.70M	shares	2 Qtrs
Purchase of treasury stock, shares	`TreasuryStockSharesAcquired`	1.72M	shares	1 Quarter
Purchase of treasury stock, shares	`TreasuryStockSharesAcquired`	2.14M	shares	1 Quarter
Purchase of treasury stock, shares	`TreasuryStockSharesAcquired`	3.04M	shares	2 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$392.29M	USD	2 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$570.05M	USD	2 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$220.02M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$320.03M	USD	1 Quarter
Equity forward contract	`CdnsAdjustmentsToAdditionalPaidInCapitalForwardContractUnderAcceleratedShareRepurchaseAgreements`	$-30.00M	USD	2 Qtrs
Equity forward contract	`CdnsAdjustmentsToAdditionalPaidInCapitalForwardContractUnderAcceleratedShareRepurchaseAgreements`	$-30.00M	USD	1 Quarter
Issuance of common stock and reissuance of treasury stock under equity incentive plans, net of forfeitures	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$52.25M	USD	2 Qtrs
Issuance of common stock and reissuance of treasury stock under equity incentive plans, net of forfeitures	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$4.34M	USD	1 Quarter
Issuance of common stock and reissuance of treasury stock under equity incentive plans, net of forfeitures	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$50.22M	USD	2 Qtrs
Issuance of common stock and reissuance of treasury stock under equity incentive plans, net of forfeitures	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$4.55M	USD	1 Quarter
Stock received for payment of employee taxes on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$78.05M	USD	2 Qtrs
Stock received for payment of employee taxes on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$21.67M	USD	1 Quarter
Stock received for payment of employee taxes on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$63.54M	USD	2 Qtrs
Stock received for payment of employee taxes on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.20M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$64.27M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$103.11M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$123.74M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$50.52M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$2.52B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.76B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.54B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.63B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.74B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.49B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$422.25M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$343.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$186.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$155.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-50.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$5.79M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-35.22M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-4.14M	USD	2 Qtrs
Changes in defined benefit plan liabilities	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.76M	USD	1 Quarter
Changes in defined benefit plan liabilities	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.93M	USD	2 Qtrs
Changes in defined benefit plan liabilities	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$543.00K	USD	1 Quarter
Changes in defined benefit plan liabilities	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$231.00K	USD	2 Qtrs
Total other comprehensive income (loss), net of tax effects	`OtherComprehensiveIncomeLossNetOfTax`	$-4.37M	USD	2 Qtrs
Total other comprehensive income (loss), net of tax effects	`OtherComprehensiveIncomeLossNetOfTax`	$-48.07M	USD	2 Qtrs
Total other comprehensive income (loss), net of tax effects	`OtherComprehensiveIncomeLossNetOfTax`	$5.25M	USD	1 Quarter
Total other comprehensive income (loss), net of tax effects	`OtherComprehensiveIncomeLossNetOfTax`	$-33.46M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$374.19M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$153.46M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$338.70M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$161.15M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.