10-Q Filing

MONSTER BEVERAGE CORP CIK: 865752 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001104659-20-122598`
Period End Date	20200930
Filing Date	20201106
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	mnst-20200930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 56 Cash Flow Statement 80 Stockholders Equity 55 Comprehensive Income 28

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.25B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.25B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$717.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.07B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	638.46M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$637.51M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	636.46M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$797.96M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	527.89M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$599.33M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$533.06M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	536.70M	shares	Point-in-time
Common stock in treasury, shares	`TreasuryStockShares`	99.76M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$540.33M	USD	Point-in-time
Common stock in treasury, shares	`TreasuryStockShares`	110.56M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$740.81M	USD	Point-in-time
Inventories	`InventoryNet`	$318.96M	USD	Point-in-time
Inventories	`InventoryNet`	$360.73M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$75.96M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$54.87M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$29.36M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$16.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.83B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.32B	USD	Point-in-time
INVESTMENTS	`LongTermInvestments`	$20.57M	USD	Point-in-time
INVESTMENTS	`LongTermInvestments`	$12.90M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$304.69M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$298.64M	USD	Point-in-time
DEFERRED INCOME TAXES, net	`DeferredIncomeTaxAssetsNet`	$84.78M	USD	Point-in-time
DEFERRED INCOME TAXES, net	`DeferredIncomeTaxAssetsNet`	$84.78M	USD	Point-in-time
GOODWILL	`Goodwill`	$1.33B	USD	Point-in-time
GOODWILL	`Goodwill`	$1.33B	USD	Point-in-time
GOODWILL	`Goodwill`	$1.33B	USD	Point-in-time
GOODWILL	`Goodwill`	$1.33B	USD	Point-in-time
OTHER INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$1.06B	USD	Point-in-time
OTHER INTANGIBLE ASSETS, net	`IntangibleAssetsNetExcludingGoodwill`	$1.05B	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$53.97M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$70.62M	USD	Point-in-time
Total Assets	`Assets`	$5.15B	USD	Point-in-time
Total Assets	`Assets`	$5.70B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$281.52M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$274.05M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$168.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$114.08M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$166.76M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$200.67M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$45.54M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$44.24M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$45.55M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$47.26M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$32.08M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$14.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$661.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$773.76M	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$287.47M	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$268.28M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$26.32M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$30.50M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock - $0.005 par value; 1,250,000 shares authorized; 638,458 shares issued and 527,893 shares outstanding as of September 30, 2020; 636,460 shares issued and 536,698 shares outstanding as of December 31, 2019	`CommonStockValueOutstanding`	$3.19M	USD	Point-in-time
Common stock - $0.005 par value; 1,250,000 shares authorized; 638,458 shares issued and 527,893 shares outstanding as of September 30, 2020; 636,460 shares issued and 536,698 shares outstanding as of December 31, 2019	`CommonStockValueOutstanding`	$3.18M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.40B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.51B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.02B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.96B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.53M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.86M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.39M	USD	Point-in-time
Common stock in treasury, at cost; 110,565 shares and 99,762 shares as of September 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$5.82B	USD	Point-in-time
Common stock in treasury, at cost; 110,565 shares and 99,762 shares as of September 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$5.22B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.61B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.87B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.17B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.11B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.70B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.22B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.06B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.63B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$5.70B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$5.15B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.25B	USD	1 Quarter
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.13B	USD	1 Quarter
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.18B	USD	3 Qtrs
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.40B	USD	3 Qtrs
COST OF SALES	`CostOfGoodsAndServicesSold`	$460.57M	USD	1 Quarter
COST OF SALES	`CostOfGoodsAndServicesSold`	$509.83M	USD	1 Quarter
COST OF SALES	`CostOfGoodsAndServicesSold`	$1.37B	USD	3 Qtrs
COST OF SALES	`CostOfGoodsAndServicesSold`	$1.28B	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$1.91B	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$2.03B	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$736.53M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$673.00M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$277.56M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$277.93M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$802.34M	USD	3 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$821.92M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$1.23B	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$1.09B	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$395.44M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$458.60M	USD	1 Quarter
INTEREST and OTHER (EXPENSE) INCOME, net	`InterestIncomeExpenseNonoperatingNet`	$3.12M	USD	1 Quarter
INTEREST and OTHER (EXPENSE) INCOME, net	`InterestIncomeExpenseNonoperatingNet`	$-4.57M	USD	1 Quarter
INTEREST and OTHER (EXPENSE) INCOME, net	`InterestIncomeExpenseNonoperatingNet`	$8.84M	USD	3 Qtrs
INTEREST and OTHER (EXPENSE) INCOME, net	`InterestIncomeExpenseNonoperatingNet`	$-5.49M	USD	3 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.09B	USD	3 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$454.03M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$398.56M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.23B	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$99.64M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$241.85M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$287.50M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$106.38M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$298.92M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$852.88M	USD	3 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$261.49M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$311.37M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$937.86M	USD	3 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$347.65M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$278.83M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$292.47M	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.77	USD	3 Qtrs
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.57	USD	3 Qtrs
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.55	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.66	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.55	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.65	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.56	USD	3 Qtrs
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.75	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	544.47M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	543.80M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	530.19M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	527.64M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	548.39M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	533.26M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	548.42M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	535.01M	shares	3 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Accrued liabilities for other intangible assets	`NetChangeInAccruedLiabilitiesIncurredButNotYetPaid`	$8.60M	USD	3 Qtrs
Accrued liabilities for other intangible assets	`NetChangeInAccruedLiabilitiesIncurredButNotYetPaid`	$14.30M	USD	3 Qtrs
Net income	`ProfitLoss`	$937.86M	USD	3 Qtrs
Accounts payable on short-term investments	`ShortTermInvestmentsPurchasedButNotYetPaid`	$20.30M	USD	3 Qtrs
Net income	`ProfitLoss`	$852.88M	USD	3 Qtrs
Accounts payable on short-term investments	`ShortTermInvestmentsPurchasedButNotYetPaid`	$3.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.88M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$47.84M	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$210.00K	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$7.00K	USD	3 Qtrs
Impairment of intangibles	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$7.00M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$53.04M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$46.89M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-540.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$201.68M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$179.84M	USD	3 Qtrs
Distributor receivables	`IncreaseDecreaseInDistributorReceivables`	$-5.81M	USD	3 Qtrs
Distributor receivables	`IncreaseDecreaseInDistributorReceivables`	$-341.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-39.49M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$44.95M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$20.45M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$16.12M	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-6.17M	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-11.46M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.72M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$69.48M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$53.50M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-9.59M	USD	3 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$31.91M	USD	3 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$55.80M	USD	3 Qtrs
Accrued distributor terminations	`IncreaseDecreaseInAccruedDistributorTerminations`	$-150.00K	USD	3 Qtrs
Accrued distributor terminations	`IncreaseDecreaseInAccruedDistributorTerminations`	$6.00K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.21M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.90M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$10.31M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$17.97M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-562.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-631.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInCustomerLiability`	$-19.63M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInCustomerLiability`	$-15.24M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$949.24M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$821.07M	USD	3 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$558.13M	USD	3 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$795.86M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$849.28M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$835.96M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.39M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.06M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$810.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$880.00K	USD	3 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$5.48M	USD	3 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$19.69M	USD	3 Qtrs
Increase in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$1.29M	USD	3 Qtrs
Increase in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$26.23M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-328.19M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-140.51M	USD	3 Qtrs
Principal payments on debt	`RepaymentsOfShortTermDebt`	$2.50M	USD	3 Qtrs
Principal payments on debt	`RepaymentsOfShortTermDebt`	$12.84M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$65.54M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$85.25M	USD	3 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$595.92M	USD	3 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$477.72M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-405.32M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-532.88M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$929.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-7.46M	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$80.10M	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$276.77M	USD	3 Qtrs
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$717.62M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.07B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$637.51M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$797.96M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$717.62M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.07B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$637.51M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$797.96M	USD	Point-in-time
Interest	`InterestPaidNet`	$39.00K	USD	3 Qtrs
Interest	`InterestPaidNet`	$306.00K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$257.56M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$226.88M	USD	3 Qtrs

Stockholders Equity 55 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$3.61B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.87B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.17B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.11B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.70B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.22B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.06B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.63B	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.57M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.94M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.67M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.32M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.99M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.11M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$13.97M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$21.70M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$45.97M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$35.16M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$29.87M	USD	1 Quarter
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.71M	shares	3 Qtrs
Unrealized gain, net on available-for-sale securities	`AvailableForSaleEquitySecuritiesGrossUnrealizedGain`	$120.00K	USD	1 Quarter
Unrealized gain, net on available-for-sale securities	`AvailableForSaleEquitySecuritiesGrossUnrealizedGain`	$304.00K	USD	1 Quarter
Unrealized gain, net on available-for-sale securities	`AvailableForSaleEquitySecuritiesGrossUnrealizedGain`	$215.00K	USD	1 Quarter
Unrealized gain, net on available-for-sale securities	`AvailableForSaleEquitySecuritiesGrossUnrealizedGain`	$32.00K	USD	1 Quarter
Unrealized gain, net on available-for-sale securities	`AvailableForSaleEquitySecuritiesGrossUnrealizedGain`	$200.00K	USD	1 Quarter
Unrealized loss, net on available-for-sale securities	`AvailableForSaleEquitySecuritiesGrossUnrealizedLoss`	$308.00K	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$621.00K	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$148.00K	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$579.95M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$15.82M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$222.79M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$254.31M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$9.04M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-30.60M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-14.36M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$5.15M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$21.22M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-1.38M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$298.92M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$852.88M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$261.49M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$311.37M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$937.86M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$347.65M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$278.83M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$292.47M	USD	1 Quarter
Balance	`StockholdersEquity`	$3.61B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.87B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.17B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.11B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.70B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.22B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.06B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.63B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$298.92M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$852.88M	USD	3 Qtrs
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$261.49M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$311.37M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$937.86M	USD	3 Qtrs
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$347.65M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$278.83M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$292.47M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-10.59M	USD	3 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-14.36M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$21.22M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-338.00K	USD	3 Qtrs
Change in net unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-308.00K	USD	1 Quarter
Change in net unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$32.00K	USD	1 Quarter
Change in net unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$196.00K	USD	3 Qtrs
Change in net unrealized gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$367.00K	USD	3 Qtrs
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$367.00K	USD	3 Qtrs
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$196.00K	USD	3 Qtrs
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-308.00K	USD	1 Quarter
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$32.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$20.91M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-14.33M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-142.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-10.22M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$842.66M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$937.72M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$284.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$368.56M	USD	1 Quarter

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