| Classes of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis |
The following table summarizes financial assets and financial liabilities that are measured and recorded in the consolidated financial statements at fair value on a recurring basis:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ìý |
Total Fair
Value
|
Ìý |
FairÌýValueÌýMeasurementÌýUsingÌý(a)
|
(In thousands) |
Ìý |
Level 1 |
Ìý |
Level 2 |
Ìý |
LevelÌý3 |
March 2019 |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Financial assets: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Cash equivalents: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Money market funds |
$ |
248,560 |
|
Ìý |
$ |
248,560 |
|
Ìý |
$ |
— |
|
Ìý |
$ |
— |
|
Time deposits |
8,257 |
|
Ìý |
8,257 |
|
Ìý |
— |
|
Ìý |
— |
|
Derivative financial instruments |
92,771 |
|
Ìý |
— |
|
Ìý |
92,771 |
|
Ìý |
— |
|
Investment securities |
186,698 |
|
Ìý |
176,209 |
|
Ìý |
10,489 |
|
Ìý |
— |
|
Financial liabilities: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Derivative financial instruments |
22,337 |
|
Ìý |
— |
|
Ìý |
22,337 |
|
Ìý |
— |
|
Deferred compensation |
199,336 |
|
Ìý |
— |
|
Ìý |
199,336 |
|
Ìý |
— |
|
Ìý |
Total Fair
Value
|
Ìý |
FairÌýValueÌýMeasurementÌýUsingÌý(a)
|
(In thousands) |
Ìý |
Level 1 |
Ìý |
Level 2 |
Ìý |
LevelÌý3 |
March 2018 |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Financial assets: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Cash equivalents: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Money market funds |
$ |
185,118 |
|
Ìý |
$ |
185,118 |
|
Ìý |
$ |
— |
|
Ìý |
$ |
— |
|
Time deposits |
7,714 |
|
Ìý |
7,714 |
|
Ìý |
— |
|
Ìý |
— |
|
Derivative financial instruments |
31,400 |
|
Ìý |
— |
|
Ìý |
31,400 |
|
Ìý |
— |
|
Investment securities |
194,160 |
|
Ìý |
183,802 |
|
Ìý |
10,358 |
|
Ìý |
— |
|
Financial liabilities: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Derivative financial instruments |
106,174 |
|
Ìý |
— |
|
Ìý |
106,174 |
|
Ìý |
— |
|
Deferred compensation |
227,808 |
|
Ìý |
— |
|
Ìý |
227,808 |
|
Ìý |
— |
|
Ìý |
Total Fair
Value
|
Ìý |
FairÌýValueÌýMeasurementÌýUsingÌý(a)
|
(In thousands) |
Ìý |
Level 1 |
Ìý |
Level 2 |
Ìý |
LevelÌý3 |
December 2017 |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Financial assets: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Cash equivalents: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Money market funds |
$ |
265,432 |
|
Ìý |
$ |
265,432 |
|
Ìý |
$ |
— |
|
Ìý |
$ |
— |
|
Time deposits |
13,591 |
|
Ìý |
13,591 |
|
Ìý |
— |
|
Ìý |
— |
|
Derivative financial instruments |
22,970 |
|
Ìý |
— |
|
Ìý |
22,970 |
|
Ìý |
— |
|
Investment securities |
197,837 |
|
Ìý |
185,723 |
|
Ìý |
12,114 |
|
Ìý |
— |
|
Financial liabilities: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Derivative financial instruments |
100,038 |
|
Ìý |
— |
|
Ìý |
100,038 |
|
Ìý |
— |
|
Deferred compensation |
235,359 |
|
Ìý |
— |
|
Ìý |
235,359 |
|
Ìý |
— |
|
|
|
(a)Ìý |
There were no transfers among the levels within the fair value hierarchy during the year ended March 2019, the three months ended March 2018 or the year ended December 2017.
|
|