10-Q Filing

VERTEX PHARMACEUTICALS INC / MA CIK: 875320 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0000875320-22-000014`
Period End Date	20220331
Filing Date	20220506
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	vrtx-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 34 Cash Flow Statement 66 Stockholders Equity 19 Comprehensive Income 14

Balance Sheet 80 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`	$6.30B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.79B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.60B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.99B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$729.90M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$638.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.14B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.29B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Inventories	`InventoryNet`	$353.10M	USD	Point-in-time
Inventories	`InventoryNet`	$338.90M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	255.57M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$491.50M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	254.48M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$545.80M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	254.48M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$10.36B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	255.57M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$9.56B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.11B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.09B	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`	$945.50M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$934.50M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$330.30M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$329.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$110.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$110.80M	USD	Point-in-time
Total assets	`Assets`	$14.26B	USD	Point-in-time
Total assets	`Assets`	$13.43B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$195.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$173.60M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.68B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.72B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$268.40M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$286.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.14B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.18B	USD	Point-in-time
Long-term finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$495.50M	USD	Point-in-time
Long-term finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$509.80M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$377.40M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$377.00M	USD	Point-in-time
Long-term contingent consideration	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$186.50M	USD	Point-in-time
Long-term contingent consideration	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$179.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$116.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$117.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.35B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.33B	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; 1,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized, 255,574,961 and 254,479,046 shares issued and outstanding, respectively	`CommonStockValue`	$2.50M	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized, 255,574,961 and 254,479,046 shares issued and outstanding, respectively	`CommonStockValue`	$2.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$6.88B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$6.93B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$15.90M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.96B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.20B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$10.91B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$8.69B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$10.10B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$8.98B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$14.26B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$13.43B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Product revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.72B	USD	1 Quarter
Product revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.10B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$245.80M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$192.30M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$603.10M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$456.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$215.20M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$192.10M	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-3.90M	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-7.50M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.06B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$836.50M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$887.80M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.04B	USD	1 Quarter
Interest income	`InvestmentIncomeInterestAndDividend`	$1.60M	USD	1 Quarter
Interest income	`InvestmentIncomeInterestAndDividend`	$1.50M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNet`	$-14.90M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNet`	$-15.70M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-52.70M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-72.80M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$954.80M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$820.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$167.80M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$192.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$653.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$762.10M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.99	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.52	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.96	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.49	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	259.40M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	255.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	257.90M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	261.90M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$653.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$762.10M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$130.30M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$115.20M	USD	1 Quarter
Depreciation expense	`DepreciationDepletionAndAmortization`	$35.90M	USD	1 Quarter
Depreciation expense	`DepreciationDepletionAndAmortization`	$28.80M	USD	1 Quarter
Decrease in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-3.90M	USD	1 Quarter
Decrease in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-7.50M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInOtherDeferredLiability`	$57.00M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInOtherDeferredLiability`	$-12.30M	USD	1 Quarter
Losses on equity securities	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-75.60M	USD	1 Quarter
Losses on equity securities	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-52.30M	USD	1 Quarter
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-4.90M	USD	1 Quarter
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-2.30M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$165.20M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$98.40M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$22.80M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-2.00M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-67.60M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.30M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.60M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.50M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$61.60M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$153.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$8.30M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$15.70M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$956.20M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$921.00M	USD	1 Quarter
Purchases of available-for-sale debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$117.10M	USD	1 Quarter
Purchases of available-for-sale debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$121.50M	USD	1 Quarter
Maturities of available-for-sale debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$129.70M	USD	1 Quarter
Maturities of available-for-sale debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$118.10M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$70.90M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$63.60M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-74.30M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-51.00M	USD	1 Quarter
Issuances of common stock under benefit plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$33.70M	USD	1 Quarter
Issuances of common stock under benefit plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$15.60M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$424.90M	USD	1 Quarter
Payments in connection with common stock withheld for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$102.10M	USD	1 Quarter
Payments in connection with common stock withheld for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$117.50M	USD	1 Quarter
Payments on finance leases	`FinanceLeasePrincipalPayments`	$12.90M	USD	1 Quarter
Payments on finance leases	`FinanceLeasePrincipalPayments`	$12.20M	USD	1 Quarter
Proceeds from finance leases	`ProceedsFromFinanceLeases`	$3.60M	USD	1 Quarter
Proceeds from finance leases	`ProceedsFromFinanceLeases`	-	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$1.30M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$1.30M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-518.70M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-95.40M	USD	1 Quarter
Effect of changes in exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.00M	USD	1 Quarter
Effect of changes in exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.90M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$324.00M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$803.90M	USD	1 Quarter
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.60B	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.31B	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.80B	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.99B	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.60B	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.31B	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.80B	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.99B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$13.70M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$14.50M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$85.00M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$10.70M	USD	1 Quarter

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$10.91B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$8.69B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$10.10B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$8.98B	USD	Point-in-time
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$35.20M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$653.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$762.10M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$424.90M	USD	1 Quarter
Common stock withheld for employee tax obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$117.50M	USD	1 Quarter
Common stock withheld for employee tax obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$102.10M	USD	1 Quarter
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$36.50M	USD	1 Quarter
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$15.20M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$117.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$130.50M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$10.91B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$8.69B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$10.10B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$8.98B	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Unrealized gains (losses) on foreign currency forward contracts, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-9.30M	USD	1 Quarter
Unrealized gains (losses) on foreign currency forward contracts, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-2.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$653.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$762.10M	USD	1 Quarter
Unrealized holding losses on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-200.00K	USD	1 Quarter
Unrealized holding losses on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.30M	USD	1 Quarter
Unrealized gains on foreign currency forward contracts, net of tax of $(2.2) million and $(9.3) million, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$10.10M	USD	1 Quarter
Unrealized gains on foreign currency forward contracts, net of tax of $(2.2) million and $(9.3) million, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$34.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.40M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-12.40M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$35.20M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$688.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$757.50M	USD	1 Quarter

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