10-Q Filing

VERTEX PHARMACEUTICALS INC / MA CIK: 875320 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000875320-23-000012`
Period End Date	20230331
Filing Date	20230502
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	vrtx-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 36 Cash Flow Statement 66 Stockholders Equity 24 Comprehensive Income 16

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`	$9.29B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.60B	USD	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
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.50B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.12B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$274.50M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.44B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.55B	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`	$460.60M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Inventories	`InventoryNet`	$535.10M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	257.51M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	257.01M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$468.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$553.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	257.01M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$12.97B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$13.23B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	257.51M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.11B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.11B	USD	Point-in-time
Goodwill	`Goodwill`	$1.09B	USD	Point-in-time
Goodwill	`Goodwill`	$1.09B	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$603.60M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$603.60M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.25B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.36B	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$347.40M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$336.30M	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$1.08B	USD	Point-in-time
Long-term marketable securities	`MarketableSecuritiesNoncurrent`	$112.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$427.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$409.60M	USD	Point-in-time
Total assets	`Assets`	$18.15B	USD	Point-in-time
Total assets	`Assets`	$18.97B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$303.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$323.20M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.33B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.13B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$377.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$311.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.03B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.74B	USD	Point-in-time
Long-term finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$430.80M	USD	Point-in-time
Long-term finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$417.60M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$379.50M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$371.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$685.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$726.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.54B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.24B	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, 257,509,761 and 257,011,628 shares issued and outstanding, respectively	`CommonStockValue`	$2.60M	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized, 257,509,761 and 257,011,628 shares issued and outstanding, respectively	`CommonStockValue`	$2.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$7.22B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$7.39B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$800.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.22B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.52B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$10.91B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$13.91B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$14.43B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$10.10B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$18.15B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$18.97B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Product revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.37B	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`	$266.90M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$742.60M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$601.10M	USD	1 Quarter
Acquired in-process research and development expenses	`ResearchAndDevelopmentInProcess`	$2.00M	USD	1 Quarter
Acquired in-process research and development expenses	`ResearchAndDevelopmentInProcess`	$347.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$241.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$215.20M	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-7.50M	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-1.90M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.60B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.06B	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$779.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.04B	USD	1 Quarter
Interest income	`InvestmentIncomeInterestAndDividend`	$122.60M	USD	1 Quarter
Interest income	`InvestmentIncomeInterestAndDividend`	$1.60M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNet`	$-11.40M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNet`	$-14.90M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.30M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-72.80M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$891.50M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$954.80M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$192.70M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$191.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$699.80M	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`	$2.72	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.69	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.96	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	255.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	257.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	260.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	257.90M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$699.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$762.10M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$122.40M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$130.30M	USD	1 Quarter
Depreciation expense	`DepreciationDepletionAndAmortization`	$38.80M	USD	1 Quarter
Depreciation expense	`DepreciationDepletionAndAmortization`	$35.90M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInOtherDeferredLiability`	$-113.40M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInOtherDeferredLiability`	$-12.30M	USD	1 Quarter
(Gains) losses on equity securities	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-75.60M	USD	1 Quarter
(Gains) losses on equity securities	`EquitySecuritiesFvNiUnrealizedGainLoss`	$6.40M	USD	1 Quarter
Decrease in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-7.50M	USD	1 Quarter
Decrease in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-1.90M	USD	1 Quarter
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-21.70M	USD	1 Quarter
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-4.90M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$90.50M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$165.20M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-2.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$82.60M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-67.60M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-46.20M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.50M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$35.70M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$61.60M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$140.70M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$89.40M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$15.70M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$899.90M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$956.20M	USD	1 Quarter
Purchases of available-for-sale debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.82B	USD	1 Quarter
Purchases of available-for-sale debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$117.10M	USD	1 Quarter
Maturities of available-for-sale debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$129.70M	USD	1 Quarter
Maturities of available-for-sale debt securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$50.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.10M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$63.60M	USD	1 Quarter
Investment in equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	$24.90M	USD	1 Quarter
Investment in equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.83B	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`	$14.20M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$132.80M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Payments in connection with common stock withheld for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$117.50M	USD	1 Quarter
Payments in connection with common stock withheld for employee tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$166.60M	USD	1 Quarter
Payments on finance leases	`FinanceLeasePrincipalPayments`	$10.60M	USD	1 Quarter
Payments on finance leases	`FinanceLeasePrincipalPayments`	$12.90M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$1.30M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$1.10M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-294.70M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-95.40M	USD	1 Quarter
Effect of changes in exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.00M	USD	1 Quarter
Effect of changes in exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.90M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.22B	USD	1 Quarter
Net (decrease) 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`	$6.80B	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.51B	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.30B	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`	$6.80B	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.51B	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.30B	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$120.30M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$85.00M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$11.10M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$13.70M	USD	1 Quarter

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	257.01M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	257.51M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$10.91B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$13.91B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$14.43B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$10.10B	USD	Point-in-time
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-13.90M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$699.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$762.10M	USD	1 Quarter
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	459,017.00	shares	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$135.60M	USD	1 Quarter
Common stock withheld for employee tax obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$166.60M	USD	1 Quarter
Common stock withheld for employee tax obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$117.50M	USD	1 Quarter
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$13.10M	USD	1 Quarter
Issuance of common stock under benefit plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$36.50M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$122.80M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$130.50M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	257.01M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	257.51M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$10.91B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$13.91B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$14.43B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$10.10B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Unrealized holding gains (losses) on marketable securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$699.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$762.10M	USD	1 Quarter
Unrealized holding gains (losses) on marketable securities, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-800.00K	USD	1 Quarter
Unrealized gains (losses) on foreign currency forward contracts, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-2.20M	USD	1 Quarter
Unrealized gains (losses) on foreign currency forward contracts, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$7.40M	USD	1 Quarter
Unrealized holding gains (losses) on marketable securities, net of tax of $(0.8) and zero, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.30M	USD	1 Quarter
Unrealized holding gains (losses) on marketable securities, net of tax of $(0.8) and zero, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$2.90M	USD	1 Quarter
Unrealized (losses) gains on foreign currency forward contracts, net of tax of $7.4 and $(2.2), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$10.10M	USD	1 Quarter
Unrealized (losses) gains on foreign currency forward contracts, net of tax of $7.4 and $(2.2), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-26.80M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-12.40M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$10.00M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-13.90M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$757.50M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$685.90M	USD	1 Quarter

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