10-Q Filing

ARISTA NETWORKS, INC. CIK: 1596532 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001596532-23-000197`
Period End Date	20230630
Filing Date	20230801
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	anet-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 64 Cash Flow Statement 76 Stockholders Equity 46 Comprehensive Income 24

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.26B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$671.71M	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
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$2.35B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$2.48B	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
Accounts receivable, net	`AccountsReceivableNetCurrent`	$923.10M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$779.73M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$1.86B	USD	Point-in-time
Inventories	`InventoryNet`	$1.29B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	306.89M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	309.36M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$466.37M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$314.22M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	309.36M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	306.89M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$6.85B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.55B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$101.70M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$95.01M	USD	Point-in-time
Acquisition-related intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$103.58M	USD	Point-in-time
Acquisition-related intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$122.20M	USD	Point-in-time
Goodwill	`Goodwill`	$265.92M	USD	Point-in-time
Goodwill	`Goodwill`	$268.53M	USD	Point-in-time
Investments	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$61.79M	USD	Point-in-time
Investments	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$39.47M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$53.39M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$61.33M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$574.91M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$705.86M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$73.75M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$31.70M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$8.19B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$6.78B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$351.92M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$232.57M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$292.49M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$363.04M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$624.21M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$637.43M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$316.63M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$131.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.29B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.66B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$89.84M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$98.72M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$43.96M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$51.70M	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$460.70M	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$403.81M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$58.44M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$61.55M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$2.33B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.89B	USD	Point-in-time
Commitments and contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value100,000 shares authorized and no shares issued and outstanding as of June 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value100,000 shares authorized and no shares issued and outstanding as of June 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value1,000,000 shares authorized as of June 30, 2023 and December 31, 2022; 309,355 and 306,890 shares issued and outstanding as of June 30, 2023 and December 31, 2022	`CommonStockValue`	$31.00K	USD	Point-in-time
Common stock, $0.0001 par value1,000,000 shares authorized as of June 30, 2023 and December 31, 2022; 309,355 and 306,890 shares issued and outstanding as of June 30, 2023 and December 31, 2022	`CommonStockValue`	$31.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.78B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.93B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.14B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.96B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.21M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-33.91M	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$5.33B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$4.15B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$5.86B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$4.01B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$3.98B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$4.89B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$8.19B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$6.78B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.93B	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.46B	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.81B	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.05B	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$408.63M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$574.79M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$1.12B	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$731.85M	USD	2 Qtrs
Gross profit	`GrossProfit`	$884.13M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.20B	USD	2 Qtrs
Gross profit	`GrossProfit`	$643.26M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.69B	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$229.68M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$178.16M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$350.16M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$431.08M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$160.11M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$79.37M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$97.97M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$191.46M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$26.42M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$45.99M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$51.45M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$22.88M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$674.00M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$556.27M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$280.41M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$354.07M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.01B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$530.06M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$640.84M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$362.85M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$56.34M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$30.95M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$68.48M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-533.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$362.32M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$586.40M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.08B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$671.79M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$100.43M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$154.77M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$94.52M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$63.22M	USD	1 Quarter
Net income	`NetIncomeLoss`	$491.88M	USD	1 Quarter
Net income	`NetIncomeLoss`	$571.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$928.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$299.10M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.02	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.86	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.98	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.59	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.94	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.80	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.55	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.94	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	308.64M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	307.40M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	306.75M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	307.81M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	316.49M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	316.58M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	318.04M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	316.03M	shares	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$928.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$299.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$571.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$491.88M	USD	1 Quarter
Depreciation, amortization and other	`DepreciationDepletionAndAmortization`	$39.23M	USD	2 Qtrs
Depreciation, amortization and other	`DepreciationDepletionAndAmortization`	$28.01M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$130.01M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$100.50M	USD	2 Qtrs
Noncash lease expense	`NoncashLeaseExpense`	$9.16M	USD	2 Qtrs
Noncash lease expense	`NoncashLeaseExpense`	$9.15M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-105.94M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-130.29M	USD	2 Qtrs
Unrealized gain on equity investments	`UnrealizedGainLossOnInvestments`	$-5.08M	USD	1 Quarter
Unrealized gain on equity investments	`UnrealizedGainLossOnInvestments`	$19.17M	USD	2 Qtrs
Unrealized gain on equity investments	`UnrealizedGainLossOnInvestments`	$24.74M	USD	1 Quarter
Unrealized gain on equity investments	`UnrealizedGainLossOnInvestments`	$23.41M	USD	2 Qtrs
Amortization (accretion) of investment premiums (discounts)	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$-11.46M	USD	2 Qtrs
Amortization (accretion) of investment premiums (discounts)	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$12.00M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$64.33M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-143.37M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$574.63M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$202.05M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$120.86M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$163.69M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$71.17M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$114.91M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-16.21M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$70.42M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$91.20M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$43.66M	USD	2 Qtrs
Income taxes, net	`IncreaseDecreaseInIncomeTaxes`	$10.79M	USD	2 Qtrs
Income taxes, net	`IncreaseDecreaseInIncomeTaxes`	$198.10M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-11.68M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$221.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$318.24M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$808.57M	USD	2 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.27B	USD	2 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$829.71M	USD	2 Qtrs
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$21.73M	USD	2 Qtrs
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$165.75M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$641.98M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$1.39B	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.21M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.74M	USD	2 Qtrs
Cash paid for business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$145.09M	USD	2 Qtrs
Cash paid for business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-1.80M	USD	2 Qtrs
Investment in notes and privately-held companies	`PaymentsForInvestmentInNotesAndPrivatelyHeldCompanies`	$4.25M	USD	2 Qtrs
Investment in notes and privately-held companies	`PaymentsForInvestmentInNotesAndPrivatelyHeldCompanies`	$11.69M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$172.96M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-124.65M	USD	2 Qtrs
Proceeds from issuance of common stock under equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$30.41M	USD	2 Qtrs
Proceeds from issuance of common stock under equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$22.99M	USD	2 Qtrs
Tax withholding paid on behalf of employees for net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.80M	USD	2 Qtrs
Tax withholding paid on behalf of employees for net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$15.77M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$112.28M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$619.89M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-97.64M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-615.70M	USD	2 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$429.00K	USD	2 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.04M	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-127.55M	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$586.71M	USD	2 Qtrs
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$497.50M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.26B	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$625.05M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$675.98M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$497.50M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.26B	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$625.05M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$675.98M	USD	Point-in-time
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$17.01M	USD	2 Qtrs
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$6.02M	USD	2 Qtrs
Property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$4.52M	USD	2 Qtrs
Property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$5.65M	USD	2 Qtrs
Common stock issued for business acquisition	`StockIssued1`	$2.33M	USD	2 Qtrs
Common stock issued for business acquisition	`StockIssued1`	$4.05M	USD	2 Qtrs

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	309.36M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	306.89M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$5.33B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.15B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.86B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.01B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.98B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.89B	USD	Point-in-time
Net income	`NetIncomeLoss`	$491.88M	USD	1 Quarter
Net income	`NetIncomeLoss`	$571.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$928.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$299.10M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-33.02M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$8.70M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-10.82M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.70M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$100.50M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$67.13M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$50.22M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$130.01M	USD	2 Qtrs
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$3.83M	USD	1 Quarter
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$30.41M	USD	2 Qtrs
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$7.31M	USD	1 Quarter
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$22.99M	USD	2 Qtrs
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	219,000.00	shares	1 Quarter
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	954,000.00	shares	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$112.28M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$483.66M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$30.00M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$619.89M	USD	2 Qtrs
Tax withholding paid for net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.80M	USD	2 Qtrs
Tax withholding paid for net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.54M	USD	1 Quarter
Tax withholding paid for net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$15.77M	USD	2 Qtrs
Tax withholding paid for net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.06M	USD	1 Quarter
Common stock issued for business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$4.05M	USD	2 Qtrs
Common stock issued for business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$2.33M	USD	2 Qtrs
Common stock issued for business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$2.33M	USD	1 Quarter
Common stock issued for business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	309.36M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	306.89M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$4.01B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.86B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.98B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.33B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.15B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.89B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$928.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$299.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$571.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$491.88M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.73M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.36M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$333.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$41.00K	USD	1 Quarter
Change in net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$4.51M	USD	2 Qtrs
Change in net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-8.46M	USD	1 Quarter
Change in net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-30.29M	USD	2 Qtrs
Change in net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.74M	USD	1 Quarter
Reclassification adjustment included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-3.86M	USD	2 Qtrs
Reclassification adjustment included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	2 Qtrs
Reclassification adjustment included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-33.02M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$8.70M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-10.82M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$538.34M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$937.06M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$488.18M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$288.28M	USD	1 Quarter

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