10-Q Filing

MONSTER BEVERAGE CORP CIK: 865752 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001104659-21-101583`
Period End Date	20210630
Filing Date	20210809
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	mnst-20210630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 54 Cash Flow Statement 77 Stockholders Equity 39 Comprehensive Income 26

Balance Sheet 82 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`	$797.96M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$921.33M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	639.58M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.58B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	638.66M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	528.10M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$968.95M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	528.86M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$881.35M	USD	Point-in-time
Common stock in treasury, shares	`TreasuryStockShares`	110.72M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$666.01M	USD	Point-in-time
Common stock in treasury, shares	`TreasuryStockShares`	110.56M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$909.17M	USD	Point-in-time
Inventories	`InventoryNet`	$382.89M	USD	Point-in-time
Inventories	`InventoryNet`	$333.08M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$83.09M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$55.36M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$24.73M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$22.34M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.95B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.14B	USD	Point-in-time
INVESTMENTS	`LongTermInvestments`	$91.03M	USD	Point-in-time
INVESTMENTS	`LongTermInvestments`	$44.29M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$309.18M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$314.66M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxAssetsNet`	$241.65M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxAssetsNet`	$241.30M	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`	$1.06B	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$89.39M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$70.47M	USD	Point-in-time
Total Assets	`Assets`	$6.20B	USD	Point-in-time
Total Assets	`Assets`	$7.07B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$296.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$362.90M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$172.50M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$142.65M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$186.66M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$227.41M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$45.43M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$46.66M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$46.77M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$55.02M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$23.43M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$31.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$749.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$887.53M	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$264.44M	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$252.06M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$26.46M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$27.43M	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; 639,154 shares issued and 528,439 shares outstanding as of March 31, 2021; 638,662 shares issued and 528,097 shares outstanding as of December 31, 2020	`CommonStockValueOutstanding`	$3.20M	USD	Point-in-time
Common stock - $0.005 par value; 1,250,000 shares authorized; 639,154 shares issued and 528,439 shares outstanding as of March 31, 2021; 638,662 shares issued and 528,097 shares outstanding as of December 31, 2020	`CommonStockValueOutstanding`	$3.19M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.54B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.60B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.43B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.15B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$32.39M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.03M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.82M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$53.44M	USD	Point-in-time
Common stock in treasury, at cost; 110,565 and 99,762 shares as of December 31, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$5.83B	USD	Point-in-time
Common stock in treasury, at cost; 110,565 and 99,762 shares as of December 31, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$5.82B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.17B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.87B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.46B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.91B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.22B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.16B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$6.20B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$7.07B	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.46B	USD	1 Quarter
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.71B	USD	2 Qtrs
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.16B	USD	2 Qtrs
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.09B	USD	1 Quarter
COST OF SALES	`CostOfGoodsAndServicesSold`	$859.33M	USD	2 Qtrs
COST OF SALES	`CostOfGoodsAndServicesSold`	$1.15B	USD	2 Qtrs
COST OF SALES	`CostOfGoodsAndServicesSold`	$434.43M	USD	1 Quarter
COST OF SALES	`CostOfGoodsAndServicesSold`	$625.10M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$1.55B	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$659.47M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$1.30B	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$836.84M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$310.86M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$524.41M	USD	2 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$611.65M	USD	2 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$252.21M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$525.98M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$772.25M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$407.26M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$940.12M	USD	2 Qtrs
INTEREST and OTHER INCOME (EXPENSE), net	`InterestIncomeExpenseNonoperatingNet`	$872.00K	USD	1 Quarter
INTEREST and OTHER INCOME (EXPENSE), net	`InterestIncomeExpenseNonoperatingNet`	$-1.80M	USD	1 Quarter
INTEREST and OTHER INCOME (EXPENSE), net	`InterestIncomeExpenseNonoperatingNet`	$111.00K	USD	2 Qtrs
INTEREST and OTHER INCOME (EXPENSE), net	`InterestIncomeExpenseNonoperatingNet`	$-923.00K	USD	2 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$940.23M	USD	2 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$405.47M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$771.33M	USD	2 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$526.85M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$123.08M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$94.10M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$181.12M	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$221.28M	USD	2 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$590.20M	USD	2 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$718.96M	USD	2 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$311.37M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$278.83M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$315.19M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$403.76M	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.11	USD	2 Qtrs
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.76	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.59	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.36	USD	2 Qtrs
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.59	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.10	USD	2 Qtrs
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.75	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.34	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	526.91M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	531.49M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	528.42M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	528.65M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	535.56M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	535.90M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	535.32M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	531.19M	shares	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Accrued liabilities for intangible assets	`NetChangeInAccruedLiabilitiesIncurredButNotYetPaid`	$12.60M	USD	2 Qtrs
Accrued liabilities for intangible assets	`NetChangeInAccruedLiabilitiesIncurredButNotYetPaid`	$1.30M	USD	2 Qtrs
Net income	`ProfitLoss`	$590.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$718.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$27.49M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.06M	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$822.00K	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$179.00K	USD	2 Qtrs
Impairment of intangibles	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$4.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$35.69M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$33.03M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-353.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$239.70M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$231.78M	USD	2 Qtrs
Distributor receivables	`IncreaseDecreaseInDistributorReceivables`	$-160.00K	USD	2 Qtrs
Distributor receivables	`IncreaseDecreaseInDistributorReceivables`	$-188.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$52.54M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-14.18M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$28.23M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$23.39M	USD	2 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-7.25M	USD	2 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-2.45M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$63.62M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.77M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$31.69M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$29.88M	USD	2 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$42.66M	USD	2 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$3.08M	USD	2 Qtrs
Accrued distributor terminations	`IncreaseDecreaseInAccruedDistributorTerminations`	$-140.00K	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-10.93M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-10.78M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$7.70M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$8.28M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$621.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$83.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInCustomerLiability`	$-10.38M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInCustomerLiability`	$-10.92M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$440.46M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$586.59M	USD	2 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$719.62M	USD	2 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$660.97M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$590.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.02M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$795.47M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$425.97M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.12M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.52M	USD	2 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$13.09M	USD	2 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$9.93M	USD	2 Qtrs
Increase in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$1.34M	USD	2 Qtrs
Increase in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$21.24M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-180.16M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$250.69M	USD	2 Qtrs
Borrowings of (payments on) debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-1.68M	USD	2 Qtrs
Borrowings of (payments on) debt	`ProceedsFromRepaymentsOfShortTermDebt`	$3.62M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$24.49M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$43.84M	USD	2 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$595.77M	USD	2 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$13.82M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.29M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-553.61M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-16.89M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-14.18M	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$403.83M	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$123.37M	USD	2 Qtrs
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$797.96M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$921.33M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.58B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$797.96M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$921.33M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.58B	USD	Point-in-time
Interest	`InterestPaidNet`	$29.00K	USD	2 Qtrs
Interest	`InterestPaidNet`	$52.00K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$215.80M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$164.96M	USD	2 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$4.17B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.87B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.46B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.91B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.22B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.16B	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.95M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.92M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.94M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$13.97M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.76M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$29.87M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$17.73M	USD	1 Quarter
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	570,000.00	shares	2 Qtrs
Unrealized gain, net on available-for-sale securities	`AvailableForSaleDebtSecuritiesGrossUnrealizedGain`	$24.00K	USD	1 Quarter
Unrealized gain, net on available-for-sale securities	`AvailableForSaleDebtSecuritiesGrossUnrealizedGain`	$200.00K	USD	1 Quarter
Unrealized gain, net on available-for-sale securities	`AvailableForSaleDebtSecuritiesGrossUnrealizedGain`	$304.00K	USD	1 Quarter
Unrealized loss, net on available-for-sale securities	`AvailableForSaleDebtSecuritiesGrossUnrealizedLoss`	$183.00K	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$15.82M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$579.95M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$399.00K	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$13.42M	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`	$-27.93M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$8.23M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$590.20M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$718.96M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$311.37M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$278.83M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$315.19M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$403.76M	USD	1 Quarter
Balance	`StockholdersEquity`	$4.17B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.87B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.46B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.91B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.22B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.16B	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$590.20M	USD	2 Qtrs
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$718.96M	USD	2 Qtrs
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$311.37M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$278.83M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$315.19M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$403.76M	USD	1 Quarter
Change in foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-21.55M	USD	2 Qtrs
Change in foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$9.04M	USD	1 Quarter
Change in foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$8.23M	USD	1 Quarter
Change in foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-19.70M	USD	2 Qtrs
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-160.00K	USD	2 Qtrs
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$504.00K	USD	2 Qtrs
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-183.00K	USD	1 Quarter
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$200.00K	USD	1 Quarter
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$504.00K	USD	2 Qtrs
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-160.00K	USD	2 Qtrs
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-183.00K	USD	1 Quarter
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$200.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.24M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-21.05M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$8.05M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-19.86M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$699.10M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$411.81M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$569.15M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$320.61M	USD	1 Quarter

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