10-Q Filing

CADENCE DESIGN SYSTEMS INC CIK: 813672 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000813672-23-000068`
Period End Date	20230930
Filing Date	20231023
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	cdns-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 68 Cash Flow Statement 82 Stockholders Equity 44 Comprehensive Income 24

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$961.98M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$882.33M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$426.50M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$486.71M	USD	Point-in-time
Inventories	`InventoryNet`	$128.00M	USD	Point-in-time
Inventories	`InventoryNet`	$163.69M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$272.28M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$209.73M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.82B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.71B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$379.78M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$371.45M	USD	Point-in-time
Goodwill	`Goodwill`	$1.50B	USD	Point-in-time
Goodwill	`Goodwill`	$1.37B	USD	Point-in-time
Acquired intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$354.62M	USD	Point-in-time
Acquired intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$347.62M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxAssetsNet`	$853.69M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxAssetsNet`	$874.80M	USD	Point-in-time
Other assets	`OtherAssets`	$504.27M	USD	Point-in-time
Other assets	`OtherAssets`	$476.28M	USD	Point-in-time
Total assets	`Assets`	$5.14B	USD	Point-in-time
Total assets	`Assets`	$5.43B	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	-	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$100.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$557.16M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$598.26M	USD	Point-in-time
Current portion of deferred revenue	`ContractWithCustomerLiabilityCurrent`	$690.54M	USD	Point-in-time
Current portion of deferred revenue	`ContractWithCustomerLiabilityCurrent`	$665.91M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.26B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.35B	USD	Point-in-time
Long-term portion of deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$91.52M	USD	Point-in-time
Long-term portion of deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$100.61M	USD	Point-in-time
Long-term debt	`UnsecuredLongTermDebt`	$648.80M	USD	Point-in-time
Long-term debt	`UnsecuredLongTermDebt`	$648.08M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$304.66M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$303.90M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.05B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.04B	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`	$2.77B	USD	Point-in-time
Common stock and capital in excess of par value	`CommonStocksIncludingAdditionalPaidInCapital`	$3.08B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$4.46B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$3.82B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.90B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.61B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-91.64M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-113.06M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.91B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.11B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.75B	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`	$2.71B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.14B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.43B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.66B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.02B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.02B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$902.55M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$432.41M	USD	3 Qtrs
Marketing and sales	`SellingAndMarketingExpense`	$509.95M	USD	3 Qtrs
Marketing and sales	`SellingAndMarketingExpense`	$176.22M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$152.93M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$901.12M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.07B	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$369.64M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$323.63M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$73.69M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$174.05M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$166.69M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$58.56M	USD	1 Quarter
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$4.61M	USD	1 Quarter
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$13.18M	USD	3 Qtrs
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$3.95M	USD	1 Quarter
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$13.54M	USD	3 Qtrs
Restructuring	`RestructuringCharges`	$14.00K	USD	1 Quarter
Restructuring	`RestructuringCharges`	$11.58M	USD	1 Quarter
Restructuring	`RestructuringCharges`	$11.58M	USD	3 Qtrs
Restructuring	`RestructuringCharges`	$42.00K	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$730.19M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.11B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.80B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$641.80M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$292.91M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$260.75M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$914.70M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$862.57M	USD	3 Qtrs
Interest expense	`InterestExpense`	$13.85M	USD	3 Qtrs
Interest expense	`InterestExpense`	$5.46M	USD	1 Quarter
Interest expense	`InterestExpense`	$9.06M	USD	1 Quarter
Interest expense	`InterestExpense`	$27.20M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$32.36M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$16.11M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-13.88M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-3.02M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$299.95M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$252.27M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$919.86M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$834.84M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$45.63M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$202.62M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$65.97M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$226.28M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$186.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$717.25M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$608.56M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$254.32M	USD	1 Quarter
Net income per share - basic (usd per share)	`EarningsPerShareBasic`	$0.94	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`	$2.66	USD	3 Qtrs
Net income per share - basic (usd per share)	`EarningsPerShareBasic`	$2.24	USD	3 Qtrs
Net Income per share - diluted (usd per share)	`EarningsPerShareDiluted`	$2.21	USD	3 Qtrs
Net Income per share - diluted (usd per share)	`EarningsPerShareDiluted`	$0.93	USD	1 Quarter
Net Income per share - diluted (usd per share)	`EarningsPerShareDiluted`	$0.68	USD	1 Quarter
Net Income per share - diluted (usd per share)	`EarningsPerShareDiluted`	$2.63	USD	3 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	271.13M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	269.23M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	269.48M	shares	3 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	271.69M	shares	3 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	275.68M	shares	3 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	272.86M	shares	3 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	272.43M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	274.96M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	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`	$882.33M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$961.98M	USD	Point-in-time
Net income	`NetIncomeLoss`	$186.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$717.25M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$608.56M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$254.32M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$106.78M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$98.18M	USD	3 Qtrs
Amortization of debt discount and fees	`AmortizationOfFinancingCostsAndDiscounts`	$810.00K	USD	3 Qtrs
Amortization of debt discount and fees	`AmortizationOfFinancingCostsAndDiscounts`	$942.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$88.03M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$197.19M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$238.93M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$73.45M	USD	1 Quarter
(Gain) loss on investments, net	`GainLossOnInvestments`	$-4.78M	USD	3 Qtrs
(Gain) loss on investments, net	`GainLossOnInvestments`	$12.73M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-23.51M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-49.83M	USD	3 Qtrs
Provisions for losses on receivables	`ProvisionForDoubtfulAccounts`	$1.69M	USD	3 Qtrs
Provisions for losses on receivables	`ProvisionForDoubtfulAccounts`	$471.00K	USD	3 Qtrs
ROU asset amortization and change in operating lease liabilities	`ROUassetamortizationandchangeinoperatingleaseliabilities`	$-2.68M	USD	3 Qtrs
ROU asset amortization and change in operating lease liabilities	`ROUassetamortizationandchangeinoperatingleaseliabilities`	$-883.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-1.96M	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-158.00K	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$57.31M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-50.02M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$8.02M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$47.29M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-30.60M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-33.31M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-17.64M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$26.58M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$43.11M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$24.51M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$113.71M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-14.63M	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$10.51M	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-2.31M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$978.26M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.08B	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$1.00M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$145.15M	USD	3 Qtrs
Proceeds from the sale and maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	-	USD	3 Qtrs
Proceeds from the sale and maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$64.17M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$86.30M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$68.63M	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.00M	USD	3 Qtrs
Cash paid in business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$163.96M	USD	3 Qtrs
Cash paid in business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$586.16M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-313.57M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-674.46M	USD	3 Qtrs
Proceeds from term loan	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	3 Qtrs
Proceeds from term loan	`ProceedsFromIssuanceOfUnsecuredDebt`	$300.00M	USD	3 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$50.00M	USD	3 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$450.00M	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfLinesOfCredit`	$150.00M	USD	3 Qtrs
Payments on revolving credit facility	`RepaymentsOfLinesOfCredit`	$300.00M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$425.00K	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$103.68M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$131.34M	USD	3 Qtrs
Stock received for payment of employee taxes on vesting of restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$122.18M	USD	3 Qtrs
Stock received for payment of employee taxes on vesting of restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$103.09M	USD	3 Qtrs
Payments for repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$750.06M	USD	3 Qtrs
Payments for repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$575.13M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-665.97M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-299.90M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-66.79M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-17.89M	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$79.66M	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-62.89M	USD	3 Qtrs
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	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`	$882.33M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$961.98M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$8.51M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$22.23M	USD	3 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$148.15M	USD	3 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$104.72M	USD	3 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$2.91B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.11B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.75B	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`	$2.71B	USD	Point-in-time
Net income	`NetIncomeLoss`	$186.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$717.25M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$608.56M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$254.32M	USD	1 Quarter
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-40.75M	USD	1 Quarter
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-21.42M	USD	3 Qtrs
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-88.82M	USD	3 Qtrs
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-22.55M	USD	1 Quarter
Purchase of treasury stock, shares	`TreasuryStockSharesAcquired`	2.66M	shares	3 Qtrs
Purchase of treasury stock, shares	`TreasuryStockSharesAcquired`	811,000.00	shares	1 Quarter
Purchase of treasury stock, shares	`TreasuryStockSharesAcquired`	4.66M	shares	3 Qtrs
Purchase of treasury stock, shares	`TreasuryStockSharesAcquired`	959,000.00	shares	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$720.06M	USD	3 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$515.13M	USD	3 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$125.01M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$150.01M	USD	1 Quarter
Equity forward contract	`CdnsAdjustmentsToAdditionalPaidInCapitalForwardContractUnderAcceleratedShareRepurchaseAgreements`	$-60.00M	USD	3 Qtrs
Equity forward contract	`CdnsAdjustmentsToAdditionalPaidInCapitalForwardContractUnderAcceleratedShareRepurchaseAgreements`	-	USD	1 Quarter
Equity forward contract	`CdnsAdjustmentsToAdditionalPaidInCapitalForwardContractUnderAcceleratedShareRepurchaseAgreements`	-	USD	1 Quarter
Equity forward contract	`CdnsAdjustmentsToAdditionalPaidInCapitalForwardContractUnderAcceleratedShareRepurchaseAgreements`	$-30.00M	USD	3 Qtrs
Issuance of common stock and reissuance of treasury stock under equity incentive plans, net of forfeitures	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$53.46M	USD	1 Quarter
Issuance of common stock and reissuance of treasury stock under equity incentive plans, net of forfeitures	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$131.34M	USD	3 Qtrs
Issuance of common stock and reissuance of treasury stock under equity incentive plans, net of forfeitures	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$53.84M	USD	1 Quarter
Issuance of common stock and reissuance of treasury stock under equity incentive plans, net of forfeitures	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$103.68M	USD	3 Qtrs
Stock received for payment of employee taxes on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$39.55M	USD	1 Quarter
Stock received for payment of employee taxes on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$43.19M	USD	1 Quarter
Stock received for payment of employee taxes on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$122.18M	USD	3 Qtrs
Stock received for payment of employee taxes on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$103.09M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$88.03M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$73.45M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$238.93M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$197.19M	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$2.91B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.11B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.75B	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`	$2.71B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$186.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$717.25M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$608.56M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$254.32M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-21.69M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-40.77M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-20.55M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-90.76M	USD	3 Qtrs
Changes in defined benefit plan liabilities	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-537.00K	USD	3 Qtrs
Changes in defined benefit plan liabilities	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-132.00K	USD	1 Quarter
Changes in defined benefit plan liabilities	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.94M	USD	3 Qtrs
Changes in defined benefit plan liabilities	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-15.00K	USD	1 Quarter
Unrealized losses on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized losses on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.42M	USD	3 Qtrs
Unrealized losses on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-991.00K	USD	1 Quarter
Unrealized losses on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Total other comprehensive loss, net of tax effects	`OtherComprehensiveIncomeLossNetOfTax`	$-40.75M	USD	1 Quarter
Total other comprehensive loss, net of tax effects	`OtherComprehensiveIncomeLossNetOfTax`	$-21.42M	USD	3 Qtrs
Total other comprehensive loss, net of tax effects	`OtherComprehensiveIncomeLossNetOfTax`	$-88.82M	USD	3 Qtrs
Total other comprehensive loss, net of tax effects	`OtherComprehensiveIncomeLossNetOfTax`	$-22.55M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$231.77M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$519.74M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$145.55M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$695.82M	USD	3 Qtrs

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