10-Q Filing

AKAMAI TECHNOLOGIES INC CIK: 1086222 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001086222-22-000251`
Period End Date	20220930
Filing Date	20221108
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	akam-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 95 Income Statement 80 Cash Flow Statement 91 Stockholders Equity 42 Comprehensive Income 24

Balance Sheet 95 line items

Line Item	Tag	Value	Unit	Period
Allowances for current expected credit losses and other reserves	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.40M	USD	Point-in-time
Allowances for current expected credit losses and other reserves	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.45M	USD	Point-in-time
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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.26B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$457.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$536.73M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares designated as Series A Junior Participating Preferred Stock (in shares)	`ConvertiblePreferredStockSharesReservedForFutureIssuance`	700,000.00	shares	Point-in-time
Preferred stock, shares designated as Series A Junior Participating Preferred Stock (in shares)	`ConvertiblePreferredStockSharesReservedForFutureIssuance`	700,000.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$541.47M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$406.33M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of reserves of $2,454 and $1,397 at September 30, 2022, and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$675.93M	USD	Point-in-time
Accounts receivable, net of reserves of $2,454 and $1,397 at September 30, 2022, and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$622.03M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$166.31M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$209.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.70B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.92B	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`	700.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesNoncurrent`	$488.53M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesNoncurrent`	$1.09B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndCapitalizedSoftwareNet`	$1.52B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndCapitalizedSoftwareNet`	$1.53B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	162.22M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	160.51M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$803.40M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	157.88M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	160.51M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$815.75M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	4.35M	shares	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$455.03M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	0.00	shares	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$313.23M	USD	Point-in-time
Goodwill	`Goodwill`	$2.75B	USD	Point-in-time
Goodwill	`Goodwill`	$2.16B	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$285.72M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$168.34M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$105.32M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$142.29M	USD	Point-in-time
Total assets	`Assets`	$8.11B	USD	Point-in-time
Total assets	`Assets`	$8.14B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$119.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$109.93M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$411.59M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$329.21M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$109.79M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$86.52M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$175.68M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$187.78M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$7.18M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$6.62M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$790.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$753.01M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$22.29M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$25.34M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$40.97M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$38.15M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$1.98B	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$2.28B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$707.09M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$681.41M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$95.18M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$68.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.61B	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; 5,000,000 shares authorized; 700,000 shares designated as Series A Junior Participating Preferred Stock; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 5,000,000 shares authorized; 700,000 shares designated as Series A Junior Participating Preferred Stock; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 700,000,000 shares authorized; 162,224,467 shares issued and 157,876,611 shares outstanding at September 30, 2022, and 160,512,111 shares issued and outstanding at December 31, 2021	`CommonStockValue`	$1.62M	USD	Point-in-time
Common stock, $0.01 par value; 700,000,000 shares authorized; 162,224,467 shares issued and 157,876,611 shares outstanding at September 30, 2022, and 160,512,111 shares issued and outstanding at December 31, 2021	`CommonStockValue`	$1.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.34B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.10B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-69.11M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-186.67M	USD	Point-in-time
Treasury stock, at cost, 4,347,856 shares at September 30, 2022, and no shares at December 31, 2021	`TreasuryStockCommonValue`	-	USD	Point-in-time
Treasury stock, at cost, 4,347,856 shares at September 30, 2022, and no shares at December 31, 2021	`TreasuryStockCommonValue`	$430.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.74B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.26B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.53B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.25B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.48B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.28B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.58B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.23B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.11B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.14B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.69B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$860.33M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.56B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$881.90M	USD	1 Quarter
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$1.03B	USD	3 Qtrs
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$346.45M	USD	1 Quarter
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$943.55M	USD	3 Qtrs
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$316.87M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$82.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$94.05M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$242.20M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$286.05M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$373.32M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$336.76M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$123.94M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$108.51M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$134.26M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$405.27M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$139.43M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$433.91M	USD	3 Qtrs
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$35.45M	USD	3 Qtrs
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$17.37M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$47.99M	USD	3 Qtrs
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$11.96M	USD	1 Quarter
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$227.00K	USD	1 Quarter
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$5.57M	USD	3 Qtrs
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$12.96M	USD	3 Qtrs
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$565.00K	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$2.18B	USD	3 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$655.07M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$1.97B	USD	3 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$721.46M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$160.44M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$508.80M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$205.26M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$587.06M	USD	3 Qtrs
Interest and marketable securities income (loss), net	`InvestmentIncomeInterestAndDebtSecuritiesAvailableForSaleGainLoss`	$-1.76M	USD	3 Qtrs
Interest and marketable securities income (loss), net	`InvestmentIncomeInterestAndDebtSecuritiesAvailableForSaleGainLoss`	$12.19M	USD	3 Qtrs
Interest and marketable securities income (loss), net	`InvestmentIncomeInterestAndDebtSecuritiesAvailableForSaleGainLoss`	$782.00K	USD	1 Quarter
Interest and marketable securities income (loss), net	`InvestmentIncomeInterestAndDebtSecuritiesAvailableForSaleGainLoss`	$2.87M	USD	1 Quarter
Interest expense	`InterestExpense`	$54.02M	USD	3 Qtrs
Interest expense	`InterestExpense`	$18.14M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.41M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.79M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-275.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$3.63M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-9.02M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$2.01M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$489.60M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$158.16M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$547.24M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$193.63M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$43.55M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$135.11M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$50.01M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.65M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-7.63M	USD	3 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-1.06M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-12.58M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$108.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$178.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$491.11M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$346.85M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.68	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.10	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.01	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.17	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.96	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.15	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.08	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.68	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	159.75M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	158.72M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	162.77M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	162.97M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.32M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.09M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	161.47M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	159.07M	shares	1 Quarter

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Proceeds from income tax refunds	`ProceedsFromIncomeTaxRefunds`	$14.26M	USD	3 Qtrs
Proceeds from income tax refunds	`ProceedsFromIncomeTaxRefunds`	$8.50M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$108.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$178.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$491.11M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$346.85M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$408.93M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$444.18M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$158.81M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$153.80M	USD	3 Qtrs
Benefit for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-30.34M	USD	3 Qtrs
Benefit for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-34.55M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.30M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$49.28M	USD	3 Qtrs
Loss on investments	`GainLossOnInvestments`	$-15.89M	USD	3 Qtrs
Loss on investments	`GainLossOnInvestments`	$-8.90M	USD	3 Qtrs
Other non-cash reconciling items, net	`OtherNoncashIncomeExpense`	$-25.09M	USD	3 Qtrs
Other non-cash reconciling items, net	`OtherNoncashIncomeExpense`	$-3.12M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-26.85M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.22M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$42.87M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.10M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-64.73M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-16.26M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$8.26M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$23.50M	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-3.81M	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-17.96M	USD	3 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$10.86M	USD	3 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-34.65M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$933.18M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.02B	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.64M	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$872.09M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$265.13M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$176.02M	USD	3 Qtrs
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$171.50M	USD	3 Qtrs
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$170.40M	USD	3 Qtrs
Purchases of short- and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$611.73M	USD	3 Qtrs
Purchases of short- and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$438.37M	USD	3 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$575.52M	USD	3 Qtrs
Proceeds from maturities and redemptions of short- and long-term marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$120.43M	USD	3 Qtrs
Proceeds from maturities and redemptions of short- and long-term marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$823.25M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$4.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.67M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$197.06M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-527.65M	USD	3 Qtrs
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$46.94M	USD	3 Qtrs
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$45.99M	USD	3 Qtrs
Employee taxes paid related to net share settlement of stock-based awards	`EmployeeTaxesPaidRelatedToNetShareSettlementOfEquityAwards`	$71.66M	USD	3 Qtrs
Employee taxes paid related to net share settlement of stock-based awards	`EmployeeTaxesPaidRelatedToNetShareSettlementOfEquityAwards`	$88.19M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$251.26M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$430.27M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-268.00K	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-281.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-292.78M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-456.22M	USD	3 Qtrs
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.23M	USD	3 Qtrs
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-27.24M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-77.93M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$912.71M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.27B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$459.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$537.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.27B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$459.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$537.75M	USD	Point-in-time
Cash paid for income taxes, net of refunds received of $8,499 and $14,261 for the nine months ended September 30, 2022 and 2021, respectively	`IncomeTaxesPaidNet`	$132.73M	USD	3 Qtrs
Cash paid for income taxes, net of refunds received of $8,499 and $14,261 for the nine months ended September 30, 2022 and 2021, respectively	`IncomeTaxesPaidNet`	$82.00M	USD	3 Qtrs
Cash paid for interest expense	`InterestPaidNet`	$5.03M	USD	3 Qtrs
Cash paid for interest expense	`InterestPaidNet`	$5.03M	USD	3 Qtrs
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$168.22M	USD	3 Qtrs
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$167.46M	USD	3 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$139.81M	USD	3 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$173.43M	USD	3 Qtrs
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$46.02M	USD	3 Qtrs
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$56.40M	USD	3 Qtrs
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$28.27M	USD	3 Qtrs
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$24.50M	USD	3 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.26B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$457.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$536.73M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.59M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.01M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.27B	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$459.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$537.75M	USD	Point-in-time

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	157.88M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	160.51M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$4.53B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.25B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.48B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.28B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.58B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.23B	USD	Point-in-time
Issuance of common stock upon the exercise of stock options and vesting of restricted and deferred stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueExerciseOfStockOptionsandVestingofRestrictedandDeferredStockUnits`	$-11.87M	USD	1 Quarter
Issuance of common stock upon the exercise of stock options and vesting of restricted and deferred stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueExerciseOfStockOptionsandVestingofRestrictedandDeferredStockUnits`	$-8.24M	USD	1 Quarter
Issuance of common stock upon the exercise of stock options and vesting of restricted and deferred stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueExerciseOfStockOptionsandVestingofRestrictedandDeferredStockUnits`	$-88.75M	USD	3 Qtrs
Issuance of common stock upon the exercise of stock options and vesting of restricted and deferred stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueExerciseOfStockOptionsandVestingofRestrictedandDeferredStockUnits`	$-72.77M	USD	3 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$31.53M	USD	3 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$29.31M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$57.75M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$183.04M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$59.01M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$182.04M	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$251.26M	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$162.63M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$96.84M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$430.27M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$108.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$178.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$491.11M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$346.85M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-86.32M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.44M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-39.08M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.16M	USD	1 Quarter
Change in unrealized loss on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-31.25M	USD	3 Qtrs
Change in unrealized loss on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.01M	USD	1 Quarter
Change in unrealized loss on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.51M	USD	1 Quarter
Change in unrealized loss on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.08M	USD	3 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	157.88M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	160.51M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$4.53B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.25B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.48B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.28B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.58B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.23B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Income tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-8.12M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$108.15M	USD	1 Quarter
Income tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-1.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$178.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$491.11M	USD	3 Qtrs
Income tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-2.60M	USD	1 Quarter
Income tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-353.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$346.85M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-86.32M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.44M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-39.08M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.16M	USD	1 Quarter
Change in unrealized loss on investments, net of income tax benefit of $2,605, $353, $8,120 and $1,700 for the three and nine months ended September 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-31.25M	USD	3 Qtrs
Change in unrealized loss on investments, net of income tax benefit of $2,605, $353, $8,120 and $1,700 for the three and nine months ended September 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.01M	USD	1 Quarter
Change in unrealized loss on investments, net of income tax benefit of $2,605, $353, $8,120 and $1,700 for the three and nine months ended September 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.51M	USD	1 Quarter
Change in unrealized loss on investments, net of income tax benefit of $2,605, $353, $8,120 and $1,700 for the three and nine months ended September 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.08M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-117.57M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-43.59M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-33.52M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-22.17M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$156.75M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$229.29M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$64.56M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$457.58M	USD	3 Qtrs

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