10-K Filing

AKAMAI TECHNOLOGIES INC CIK: 1086222 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001086222-24-000040`
Period End Date	20231231
Filing Date	20240228
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	akam-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 60 Cash Flow Statement 144 Stockholders Equity 39 Comprehensive Income 18

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.40M	USD	Point-in-time
Accounts receivable reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.82M	USD	Point-in-time
Accounts receivable reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.92M	USD	Point-in-time
Accounts receivable reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.47M	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`	$489.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$536.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$542.34M	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
Marketable securities	`MarketableSecuritiesCurrent`	$562.98M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$374.97M	USD	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
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
Accounts receivable, net of reserves of $3,469 and $5,917 at December 31, 2023 and 2022, respectively	`AccountsReceivableNetCurrent`	$724.30M	USD	Point-in-time
Accounts receivable, net of reserves of $3,469 and $5,917 at December 31, 2023 and 2022, respectively	`AccountsReceivableNetCurrent`	$679.21M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$185.04M	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$216.11M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.97B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.80B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesNoncurrent`	$320.53M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesNoncurrent`	$1.43B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndCapitalizedSoftwareNet`	$1.54B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	151.23M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	156.49M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndCapitalizedSoftwareNet`	$1.83B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	151.23M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	156.49M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$908.63M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$813.37M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$441.72M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$536.14M	USD	Point-in-time
Goodwill	`Goodwill`	$2.16B	USD	Point-in-time
Goodwill	`Goodwill`	$2.76B	USD	Point-in-time
Goodwill	`Goodwill`	$2.85B	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$418.30M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$337.68M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$116.52M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$124.34M	USD	Point-in-time
Total assets	`Assets`	$8.30B	USD	Point-in-time
Total assets	`Assets`	$9.90B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$146.93M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$145.42M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$367.02M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$352.18M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$107.54M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$105.11M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$196.09M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$222.94M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$5.23M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$6.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$818.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$836.04M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$22.12M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$23.01M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$24.62M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$18.40M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$3.54B	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$2.29B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$774.81M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$693.26M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$106.18M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$105.31M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.30B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.94B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`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; 151,232,908 and 156,494,816 shares issued and outstanding at December 31, 2023 and 2022, respectively	`CommonStockValue`	$1.51M	USD	Point-in-time
Common stock, $0.01 par value; 700,000,000 shares authorized; 151,232,908 and 156,494,816 shares issued and outstanding at December 31, 2023 and 2022, respectively	`CommonStockValue`	$1.56M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.58B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.22B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-140.33M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-95.33M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.92B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.47B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.25B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.60B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.53B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.36B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.30B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$9.90B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.46B	USD	Annual
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.81B	USD	Annual
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.62B	USD	Annual
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$1.51B	USD	Annual
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$1.27B	USD	Annual
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$1.38B	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$335.37M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$406.05M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$391.43M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$502.41M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$461.97M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$533.23M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$600.85M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$553.02M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$584.21M	USD	Annual
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$64.98M	USD	Annual
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$48.02M	USD	Annual
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$66.75M	USD	Annual
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$13.53M	USD	Annual
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$10.74M	USD	Annual
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$56.64M	USD	Annual
Total costs and operating expenses	`CostsAndExpenses`	$2.94B	USD	Annual
Total costs and operating expenses	`CostsAndExpenses`	$2.68B	USD	Annual
Total costs and operating expenses	`CostsAndExpenses`	$3.17B	USD	Annual
Income from operations	`OperatingIncomeLoss`	$637.34M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$676.27M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$783.15M	USD	Annual
Interest and marketable securities income, net	`InterestAndMarketableSecuritiesIncomeLossNet`	$45.19M	USD	Annual
Interest and marketable securities income, net	`InterestAndMarketableSecuritiesIncomeLossNet`	$15.62M	USD	Annual
Interest and marketable securities income, net	`InterestAndMarketableSecuritiesIncomeLossNet`	$3.26M	USD	Annual
Interest expense	`InterestExpense`	$72.33M	USD	Annual
Interest expense	`InterestExpense`	$11.10M	USD	Annual
Interest expense	`InterestExpense`	$17.71M	USD	Annual
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$1.78M	USD	Annual
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-10.43M	USD	Annual
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-12.30M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$652.53M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$658.00M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$728.22M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$106.37M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$62.57M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$126.70M	USD	Annual
Gain (loss) from equity method investment	`IncomeLossFromEquityMethodInvestments`	$1.48M	USD	Annual
Gain (loss) from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-7.63M	USD	Annual
Gain (loss) from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-14.01M	USD	Annual
Net income	`NetIncomeLoss`	$547.63M	USD	Annual
Net income	`NetIncomeLoss`	$651.64M	USD	Annual
Net income	`NetIncomeLoss`	$523.67M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.59	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.29	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.01	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.26	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.93	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.52	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	162.66M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	152.51M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	159.09M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	160.47M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	155.40M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.80M	shares	Annual

Cash Flow Statement 144 line items

Line Item	Tag	Value	Unit	Period
Income tax refund received	`ProceedsFromIncomeTaxRefunds`	$15.46M	USD	Annual
Income tax refund received	`ProceedsFromIncomeTaxRefunds`	$14.81M	USD	Annual
Income tax refund received	`ProceedsFromIncomeTaxRefunds`	$11.01M	USD	Annual
Net income	`NetIncomeLoss`	$547.63M	USD	Annual
Net income	`NetIncomeLoss`	$651.64M	USD	Annual
Net income	`NetIncomeLoss`	$523.67M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$550.63M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$592.75M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$570.78M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$217.19M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$328.47M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$202.76M	USD	Annual
Benefit for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-47.79M	USD	Annual
Benefit for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-22.99M	USD	Annual
Benefit for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-104.97M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$4.39M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$5.34M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$66.03M	USD	Annual
(Gain) loss on investments	`GainLossOnInvestments`	$-15.89M	USD	Annual
(Gain) loss on investments	`GainLossOnInvestments`	$311.00K	USD	Annual
(Gain) loss on investments	`GainLossOnInvestments`	$-10.33M	USD	Annual
Other non-cash reconciling items, net	`OtherNoncashIncomeExpense`	$-11.49M	USD	Annual
Other non-cash reconciling items, net	`OtherNoncashIncomeExpense`	$-31.06M	USD	Annual
Other non-cash reconciling items, net	`OtherNoncashIncomeExpense`	$-50.22M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$49.20M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$21.21M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$24.10M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.73M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.03M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$20.12M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$31.52M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-39.83M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-26.50M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.87M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$48.00K	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$16.71M	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-5.32M	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-20.40M	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$1.52M	USD	Annual
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-51.13M	USD	Annual
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$28.72M	USD	Annual
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$24.51M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.40B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.35B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.27B	USD	Annual
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$872.09M	USD	Annual
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$598.83M	USD	Annual
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$106.17M	USD	Annual
Cash paid for asset acquisitions	`PaymentsToAcquireAssets`	-	USD	Annual
Cash paid for asset acquisitions	`PaymentsToAcquireAssets`	$120.98M	USD	Annual
Cash paid for asset acquisitions	`PaymentsToAcquireAssets`	-	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$457.91M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$241.27M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$328.97M	USD	Annual
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$216.26M	USD	Annual
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$272.13M	USD	Annual
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$217.04M	USD	Annual
Purchases of short-and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.46B	USD	Annual
Purchases of short-and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$17.98M	USD	Annual
Purchases of short-and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$932.60M	USD	Annual
Proceeds from sales of short-and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$575.52M	USD	Annual
Proceeds from sales of short-and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$442.13M	USD	Annual
Proceeds from sales of short-and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$201.59M	USD	Annual
Proceeds from maturities and redemptions of short-and long-term marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$991.95M	USD	Annual
Proceeds from maturities and redemptions of short-and long-term marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$156.66M	USD	Annual
Proceeds from maturities and redemptions of short-and long-term marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$375.33M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$6.07M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$4.32M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$6.12M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-646.90M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.85B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-622.31M	USD	Annual
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$90.00M	USD	Annual
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	-	USD	Annual
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$125.00M	USD	Annual
Repayment of borrowings under revolving credit facility	`RepaymentsOfLinesOfCredit`	$125.00M	USD	Annual
Repayment of borrowings under revolving credit facility	`RepaymentsOfLinesOfCredit`	$90.00M	USD	Annual
Repayment of borrowings under revolving credit facility	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Proceeds from the issuance of convertible senior notes, net of issuance costs	`ProceedsFromConvertibleDebt`	$1.25B	USD	Annual
Proceeds from the issuance of convertible senior notes, net of issuance costs	`ProceedsFromConvertibleDebt`	-	USD	Annual
Proceeds from the issuance of convertible senior notes, net of issuance costs	`ProceedsFromConvertibleDebt`	-	USD	Annual
Proceeds from the issuance of warrants related to convertible senior notes	`ProceedsFromIssuanceOfWarrants`	-	USD	Annual
Proceeds from the issuance of warrants related to convertible senior notes	`ProceedsFromIssuanceOfWarrants`	-	USD	Annual
Proceeds from the issuance of warrants related to convertible senior notes	`ProceedsFromIssuanceOfWarrants`	$90.19M	USD	Annual
Purchases of note hedges related to convertible senior notes	`PaymentsForHedgeFinancingActivities`	-	USD	Annual
Purchases of note hedges related to convertible senior notes	`PaymentsForHedgeFinancingActivities`	-	USD	Annual
Purchases of note hedges related to convertible senior notes	`PaymentsForHedgeFinancingActivities`	$236.56M	USD	Annual
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$59.63M	USD	Annual
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$56.46M	USD	Annual
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$62.98M	USD	Annual
Employee taxes paid related to net share settlement of stock awards	`EmployeeTaxesPaidRelatedToNetShareSettlementOfEquityAwards`	$66.22M	USD	Annual
Employee taxes paid related to net share settlement of stock awards	`EmployeeTaxesPaidRelatedToNetShareSettlementOfEquityAwards`	$99.11M	USD	Annual
Employee taxes paid related to net share settlement of stock awards	`EmployeeTaxesPaidRelatedToNetShareSettlementOfEquityAwards`	$82.24M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$654.05M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$608.01M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$522.25M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-268.00K	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-360.00K	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-393.00K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-634.18M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$443.38M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-562.00M	USD	Annual
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.92M	USD	Annual
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.87M	USD	Annual
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-11.38M	USD	Annual
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.27M	USD	Annual
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-52.55M	USD	Annual
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$184.28M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$537.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$490.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$543.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$537.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$490.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$543.02M	USD	Point-in-time
Cash paid for income taxes, net of refunds received of $11,006, $15,458 and $14,808 for the years ended December 31, 2023, 2022 and 2021, respectively	`IncomeTaxesPaidNet`	$134.48M	USD	Annual
Cash paid for income taxes, net of refunds received of $11,006, $15,458 and $14,808 for the years ended December 31, 2023, 2022 and 2021, respectively	`IncomeTaxesPaidNet`	$100.53M	USD	Annual
Cash paid for income taxes, net of refunds received of $11,006, $15,458 and $14,808 for the years ended December 31, 2023, 2022 and 2021, respectively	`IncomeTaxesPaidNet`	$183.90M	USD	Annual
Cash paid for interest expense	`InterestPaidNet`	$6.33M	USD	Annual
Cash paid for interest expense	`InterestPaidNet`	$6.16M	USD	Annual
Cash paid for interest expense	`InterestPaidNet`	$5.75M	USD	Annual
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$257.96M	USD	Annual
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$224.90M	USD	Annual
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$224.09M	USD	Annual
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$218.75M	USD	Annual
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$333.59M	USD	Annual
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$202.41M	USD	Annual
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$65.05M	USD	Annual
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$63.31M	USD	Annual
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$80.17M	USD	Annual
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$83.68M	USD	Annual
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$36.55M	USD	Annual
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$33.06M	USD	Annual
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$489.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$536.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$542.34M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$685.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.03M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$537.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$490.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$543.02M	USD	Point-in-time

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Purchase of note hedges, net of tax	`ConvertibleDebtDeferredTaxes`	$57.63M	USD	Annual
Beginning balance (in shares)	`CommonStockSharesOutstanding`	151.23M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	156.49M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$4.25B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$4.60B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$4.53B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$4.36B	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`	$-99.76M	USD	Annual
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`	$-69.60M	USD	Annual
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`	$-82.28M	USD	Annual
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$56.57M	USD	Annual
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$62.37M	USD	Annual
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$59.71M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$398.50M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$246.87M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$238.28M	USD	Annual
Issuance of warrants related to convertible senior notes	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$90.19M	USD	Annual
Purchase of note hedge related to convertible senior notes, net of deferred taxes of $57,628	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfNoteHedgeRelatedToConvertibleSeniorNotes`	$178.93M	USD	Annual
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$608.01M	USD	Annual
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$522.25M	USD	Annual
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$658.19M	USD	Annual
Treasury stock retirement	`TreasuryStockRetiredCostMethodAmount`	-	USD	Annual
Treasury stock retirement	`TreasuryStockRetiredCostMethodAmount`	-	USD	Annual
Treasury stock retirement	`TreasuryStockRetiredCostMethodAmount`	-	USD	Annual
Net income	`NetIncomeLoss`	$547.63M	USD	Annual
Net income	`NetIncomeLoss`	$651.64M	USD	Annual
Net income	`NetIncomeLoss`	$523.67M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-44.66M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-38.51M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$18.44M	USD	Annual
Change in unrealized gain (loss) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-10.39M	USD	Annual
Change in unrealized gain (loss) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$26.56M	USD	Annual
Change in unrealized gain (loss) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-26.56M	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	151.23M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	156.49M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$4.25B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$4.60B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$4.53B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$4.36B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$547.63M	USD	Annual
Tax (expense) benefit on change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-6.59M	USD	Annual
Tax (expense) benefit on change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$8.56M	USD	Annual
Net income	`NetIncomeLoss`	$651.64M	USD	Annual
Tax (expense) benefit on change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-3.41M	USD	Annual
Net income	`NetIncomeLoss`	$523.67M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-44.66M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-38.51M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$18.44M	USD	Annual
Change in unrealized gain (loss) on investments, net of income tax (expense) benefit of $(8,562), $6,589 and $3,412 for the years ended December 31, 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-10.39M	USD	Annual
Change in unrealized gain (loss) on investments, net of income tax (expense) benefit of $(8,562), $6,589 and $3,412 for the years ended December 31, 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$26.56M	USD	Annual
Change in unrealized gain (loss) on investments, net of income tax (expense) benefit of $(8,562), $6,589 and $3,412 for the years ended December 31, 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-26.56M	USD	Annual
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-71.23M	USD	Annual
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-48.90M	USD	Annual
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$45.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$452.44M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$592.63M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$602.74M	USD	Annual

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