10-Q Filing

VERTEX PHARMACEUTICALS INC / MA CIK: 875320 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0000875320-20-000030`
Period End Date	20200630
Filing Date	20200731
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	vrtx-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 68 Cash Flow Statement 78 Stockholders Equity 34 Comprehensive Income 28

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.11B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.29B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.65B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.83B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$619.44M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$698.97M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$633.52M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$791.77M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Inventories	`InventoryNet`	$167.50M	USD	Point-in-time
Inventories	`InventoryNet`	$219.22M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	260.12M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$232.56M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$213.51M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	258.99M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$6.69B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.82B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	258.99M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	260.12M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$745.08M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$728.36M	USD	Point-in-time
Goodwill	`Goodwill`	$1.00B	USD	Point-in-time
Goodwill	`Goodwill`	$1.00B	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$400.00M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$400.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.19B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.21B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$176.56M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$157.58M	USD	Point-in-time
Total assets	`Assets`	$10.22B	USD	Point-in-time
Total assets	`Assets`	$8.32B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$87.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$101.45M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.12B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.55B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$151.78M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$130.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.33B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.80B	USD	Point-in-time
Long-term finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$538.58M	USD	Point-in-time
Long-term finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$522.07M	USD	Point-in-time
Long-term contingent consideration	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$176.50M	USD	Point-in-time
Long-term contingent consideration	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$187.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$183.32M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$189.12M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.23B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.70B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 1,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 1,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 500,000 shares authorized, 260,124 and 258,993 shares issued and outstanding, respectively	`CommonStockValue`	$2.59M	USD	Point-in-time
Common stock, $0.01 par value; 500,000 shares authorized, 260,124 and 258,993 shares issued and outstanding, respectively	`CommonStockValue`	$2.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$7.94B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$7.94B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.97M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.12M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.85B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-412.95M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.44B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.52B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.72B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.09B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.46B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.07B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$10.22B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$8.32B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.04B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$941.29M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.52B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.80B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$230.83M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$347.02M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$184.52M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$135.74M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$718.58M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$379.09M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$869.46M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$420.93M	USD	1 Quarter
Sales, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$374.06M	USD	2 Qtrs
Sales, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$156.50M	USD	1 Quarter
Sales, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$303.55M	USD	2 Qtrs
Sales, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$191.80M	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$10.80M	USD	2 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$9.20M	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.25B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$806.45M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.60B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$671.33M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$546.77M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$269.96M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.44B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$718.03M	USD	1 Quarter
Interest income	`InvestmentIncomeInterestAndDividend`	$33.69M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterestAndDividend`	$4.24M	USD	1 Quarter
Interest income	`InvestmentIncomeInterestAndDividend`	$16.82M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterestAndDividend`	$18.08M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNet`	$-29.70M	USD	2 Qtrs
Interest expense	`InterestIncomeExpenseNet`	$-28.01M	USD	2 Qtrs
Interest expense	`InterestIncomeExpenseNet`	$-14.84M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNet`	$-13.87M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$55.23M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$116.36M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$53.94M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$96.55M	USD	2 Qtrs
Income before (benefit from) provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.48B	USD	2 Qtrs
Income before (benefit from) provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$824.77M	USD	1 Quarter
Income before (benefit from) provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$647.30M	USD	2 Qtrs
Income before (benefit from) provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$327.14M	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-12.50M	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$59.71M	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$111.25M	USD	2 Qtrs
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$42.28M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$267.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$837.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.44B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$536.06M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.54	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.22	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.09	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.06	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.46	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.18	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	259.64M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	256.15M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	260.01M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	255.94M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	259.82M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	263.75M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	263.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	260.01M	shares	2 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$267.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$837.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.44B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$536.06M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$183.48M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$232.90M	USD	2 Qtrs
Depreciation expense	`DepreciationDepletionAndAmortization`	$53.52M	USD	2 Qtrs
Depreciation expense	`DepreciationDepletionAndAmortization`	$54.84M	USD	2 Qtrs
Increase in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$10.80M	USD	2 Qtrs
Increase in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$9.20M	USD	1 Quarter
Increase in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Increase in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInOtherDeferredLiability`	$87.36M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInOtherDeferredLiability`	$8.96M	USD	2 Qtrs
Gains on equity securities	`EquitySecuritiesFvNiUnrealizedGainLoss`	$65.12M	USD	2 Qtrs
Gains on equity securities	`EquitySecuritiesFvNiUnrealizedGainLoss`	$100.08M	USD	2 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-6.01M	USD	2 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-16.31M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$55.87M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$164.14M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$25.17M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$64.39M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$17.58M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$28.92M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.70M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-28.07M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$113.97M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$369.85M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$33.60M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$29.73M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.85B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$788.53M	USD	2 Qtrs
Purchases of available-for-sale debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$263.64M	USD	2 Qtrs
Purchases of available-for-sale debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$126.58M	USD	2 Qtrs
Maturities of available-for-sale debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$145.40M	USD	2 Qtrs
Maturities of available-for-sale debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$228.71M	USD	2 Qtrs
Sale of equity securities	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$127.87M	USD	2 Qtrs
Sale of equity securities	`ProceedsFromSaleAndMaturityOfOtherInvestments`	-	USD	2 Qtrs
Expenditures for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$37.31M	USD	2 Qtrs
Expenditures for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.40M	USD	2 Qtrs
Investment in equity securities	`PaymentsToAcquireMarketableSecurities`	$20.00M	USD	2 Qtrs
Investment in equity securities	`PaymentsToAcquireMarketableSecurities`	$5.80M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$103.58M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-89.33M	USD	2 Qtrs
Issuances of common stock under benefit plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$114.09M	USD	2 Qtrs
Issuances of common stock under benefit plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$213.06M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$150.02M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$300.03M	USD	2 Qtrs
Payments in connection with common stock withheld for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.83M	USD	2 Qtrs
Payments in connection with common stock withheld for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$139.25M	USD	2 Qtrs
Payments on finance leases	`FinanceLeasePrincipalPayments`	$18.93M	USD	2 Qtrs
Payments on finance leases	`FinanceLeasePrincipalPayments`	$20.73M	USD	2 Qtrs
Proceeds related to finance leases	`ProceedsFromFinanceLeases`	$1.00M	USD	2 Qtrs
Proceeds related to finance leases	`ProceedsFromFinanceLeases`	$5.83M	USD	2 Qtrs
Advance from collaborator	`ProceedsFromCollaborativeFunding`	$3.50M	USD	2 Qtrs
Advance from collaborator	`ProceedsFromCollaborativeFunding`	$7.50M	USD	2 Qtrs
Repayments of advanced funding	`RepaymentsofCollaborativeFunding`	$2.82M	USD	2 Qtrs
Repayments of advanced funding	`RepaymentsofCollaborativeFunding`	$1.79M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-239.41M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-55.00M	USD	2 Qtrs
Effect of changes in exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.38M	USD	2 Qtrs
Effect of changes in exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-808.00K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.72B	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$643.39M	USD	2 Qtrs
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.30B	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.84B	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.66B	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.12B	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.30B	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.84B	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.66B	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.12B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$27.35M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$27.11M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$10.90M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$36.81M	USD	2 Qtrs
Issuances of common stock from employee benefit plans receivable	`EmployeeBenefitPlanPayableReceivable`	$137.00K	USD	2 Qtrs
Issuances of common stock from employee benefit plans receivable	`EmployeeBenefitPlanPayableReceivable`	$539.00K	USD	2 Qtrs

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.44B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.52B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.72B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.09B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.46B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.07B	USD	Point-in-time
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.50M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.20M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.86M	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.15M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$267.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$837.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.44B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$536.06M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$300.03M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$52.01M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$150.02M	USD	2 Qtrs
Common stock withheld for employee tax obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.83M	USD	2 Qtrs
Common stock withheld for employee tax obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.08M	USD	1 Quarter
Common stock withheld for employee tax obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$139.25M	USD	2 Qtrs
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$132.78M	USD	1 Quarter
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$210.38M	USD	2 Qtrs
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$50.50M	USD	1 Quarter
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$114.55M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$118.12M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$235.02M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$184.18M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$89.94M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.44B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.52B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.72B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.09B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.46B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.07B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Unrealized losses on foreign currency forward contracts, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$3.30M	USD	2 Qtrs
Unrealized losses on foreign currency forward contracts, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$1.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$267.43M	USD	1 Quarter
Unrealized losses on foreign currency forward contracts, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$4.70M	USD	1 Quarter
Unrealized losses on foreign currency forward contracts, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-300.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$837.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.44B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$536.06M	USD	2 Qtrs
Unrealized holding gains on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.05M	USD	2 Qtrs
Unrealized holding gains on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$451.00K	USD	1 Quarter
Unrealized holding gains on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.95M	USD	2 Qtrs
Unrealized holding gains on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$2.71M	USD	1 Quarter
Unrealized losses on foreign currency forward contracts, net of tax of $4.7 million, $1.8 million, $(0.3) million and $3.3 million, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-6.00M	USD	2 Qtrs
Unrealized losses on foreign currency forward contracts, net of tax of $4.7 million, $1.8 million, $(0.3) million and $3.3 million, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-5.78M	USD	1 Quarter
Unrealized losses on foreign currency forward contracts, net of tax of $4.7 million, $1.8 million, $(0.3) million and $3.3 million, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-898.00K	USD	2 Qtrs
Unrealized losses on foreign currency forward contracts, net of tax of $4.7 million, $1.8 million, $(0.3) million and $3.3 million, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-19.68M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-13.20M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-3.88M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.09M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-10.54M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.50M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.20M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.86M	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.15M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$809.77M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$258.23M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.43B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$532.20M	USD	2 Qtrs

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