10-Q Filing

MONSTER BEVERAGE CORP CIK: 865752 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001104659-21-135130`
Period End Date	20210930
Filing Date	20211105
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	mnst-20210930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 56 Cash Flow Statement 80 Stockholders Equity 54 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`	$797.96M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.71B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	639.85M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	638.66M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.07B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	529.13M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	528.10M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$881.35M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.22B	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
Accounts receivable, net	`AccountsReceivableNetCurrent`	$849.16M	USD	Point-in-time
Common stock in treasury, shares	`TreasuryStockShares`	110.56M	shares	Point-in-time
Inventories	`InventoryNet`	$471.55M	USD	Point-in-time
Inventories	`InventoryNet`	$333.08M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$95.61M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$55.36M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$30.62M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$24.73M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.14B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.38B	USD	Point-in-time
INVESTMENTS	`LongTermInvestments`	$28.25M	USD	Point-in-time
INVESTMENTS	`LongTermInvestments`	$44.29M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$309.57M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$314.66M	USD	Point-in-time
DEFERRED INCOME TAXES, net	`DeferredIncomeTaxAssetsNet`	$241.30M	USD	Point-in-time
DEFERRED INCOME TAXES, net	`DeferredIncomeTaxAssetsNet`	$241.65M	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`	$1.07B	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$70.47M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$88.88M	USD	Point-in-time
Total Assets	`Assets`	$6.20B	USD	Point-in-time
Total Assets	`Assets`	$7.45B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$296.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$396.23M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$142.65M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$180.72M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$186.66M	USD	Point-in-time
Accrued promotional allowances	`AccruedPromotionalAllowancesLiabilitiesCurrent`	$232.39M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$45.28M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$45.43M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$54.51M	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`	$23.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$932.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$749.99M	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$245.62M	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$264.44M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$27.43M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$26.55M	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; 639,851 shares issued and 529,132 shares outstanding as of September 30, 2021; 638,662 shares issued and 528,097 shares outstanding as of December 31, 2020	`CommonStockValueOutstanding`	$3.19M	USD	Point-in-time
Common stock - $0.005 par value; 1,250,000 shares authorized; 639,851 shares issued and 529,132 shares outstanding as of September 30, 2021; 638,662 shares issued and 528,097 shares outstanding as of December 31, 2020	`CommonStockValueOutstanding`	$3.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.63B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.54B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.49B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.43B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$32.39M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$32.53M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.03M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.49M	USD	Point-in-time
Common stock in treasury, at cost; 110,719 shares and 110,565 shares as of September 30, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$5.82B	USD	Point-in-time
Common stock in treasury, at cost; 110,719 shares and 110,565 shares as of September 30, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$5.83B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.91B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.46B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.16B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$6.24B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.22B	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`	$4.63B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$6.20B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$7.45B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.41B	USD	1 Quarter
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.40B	USD	3 Qtrs
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.12B	USD	3 Qtrs
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.25B	USD	1 Quarter
COST OF SALES	`CostOfGoodsAndServicesSold`	$509.83M	USD	1 Quarter
COST OF SALES	`CostOfGoodsAndServicesSold`	$621.40M	USD	1 Quarter
COST OF SALES	`CostOfGoodsAndServicesSold`	$1.78B	USD	3 Qtrs
COST OF SALES	`CostOfGoodsAndServicesSold`	$1.37B	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$789.16M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$736.53M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$2.03B	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$2.34B	USD	3 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$802.34M	USD	3 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$956.35M	USD	3 Qtrs
OPERATING EXPENSES	`OperatingExpenses`	$277.93M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$344.69M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$444.46M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.23B	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$458.60M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.38B	USD	3 Qtrs
INTEREST and OTHER EXPENSE, net	`InterestIncomeExpenseNonoperatingNet`	$-5.49M	USD	3 Qtrs
INTEREST and OTHER EXPENSE, net	`InterestIncomeExpenseNonoperatingNet`	$-2.29M	USD	1 Quarter
INTEREST and OTHER EXPENSE, net	`InterestIncomeExpenseNonoperatingNet`	$-2.18M	USD	3 Qtrs
INTEREST and OTHER EXPENSE, net	`InterestIncomeExpenseNonoperatingNet`	$-4.57M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$454.03M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.38B	USD	3 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$442.17M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.23B	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$287.50M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$104.97M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$326.25M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$106.38M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$311.37M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$347.65M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.06B	USD	3 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$937.86M	USD	3 Qtrs
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$315.19M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$403.76M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$278.83M	USD	1 Quarter
NET INCOME	`NetIncomeLossAvailableToCommonStockholdersBasic`	$337.20M	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.66	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.64	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.77	USD	3 Qtrs
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.00	USD	3 Qtrs
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.63	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.97	USD	3 Qtrs
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.65	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.75	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	530.19M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	527.64M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	528.62M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	529.00M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	533.26M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	535.55M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	535.01M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	535.91M	shares	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Accrued liabilities for intangible assets	`NetChangeInAccruedLiabilitiesIncurredButNotYetPaid`	$14.30M	USD	3 Qtrs
Accrued liabilities for intangible assets	`NetChangeInAccruedLiabilitiesIncurredButNotYetPaid`	$13.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$1.06B	USD	3 Qtrs
Net income	`ProfitLoss`	$937.86M	USD	3 Qtrs
Included in accounts payable related to additions to other intangible assets	`AdditionsToOtherIntangibleAssetsIncludedInAccountsPayable`	$2.00M	USD	3 Qtrs
Accounts payable on short-term investments	`ShortTermInvestmentsPurchasedButNotYetPaid`	$20.30M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.72M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.88M	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$210.00K	USD	3 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$984.00K	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`	$52.39M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-353.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$199.71M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$201.68M	USD	3 Qtrs
Distributor receivables	`IncreaseDecreaseInDistributorReceivables`	$-341.00K	USD	3 Qtrs
Distributor receivables	`IncreaseDecreaseInDistributorReceivables`	$-228.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$149.41M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-39.49M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$41.16M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$20.45M	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-11.46M	USD	3 Qtrs
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$7.37M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.72M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$106.57M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$34.09M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$53.50M	USD	3 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$31.91M	USD	3 Qtrs
Accrued promotional allowances	`IncreaseDecreaseInAccruedPromotionalAllowancesLiabilitiesCurrent`	$51.02M	USD	3 Qtrs
Accrued distributor terminations	`IncreaseDecreaseInAccruedDistributorTerminations`	$-150.00K	USD	3 Qtrs
Accrued distributor terminations	`IncreaseDecreaseInAccruedDistributorTerminations`	$5.30M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.21M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.89M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-114.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$17.97M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$574.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-562.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInCustomerLiability`	$-17.78M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInCustomerLiability`	$-15.24M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$927.98M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$949.24M	USD	3 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$795.86M	USD	3 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.02B	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.34B	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$849.28M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.13M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.06M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$880.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.25M	USD	3 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$19.69M	USD	3 Qtrs
Additions to intangibles	`PaymentsToAcquireIntangibleAssets`	$5.21M	USD	3 Qtrs
Increase in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$26.23M	USD	3 Qtrs
Increase in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$22.81M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-140.51M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-381.70M	USD	3 Qtrs
Payments on debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-2.50M	USD	3 Qtrs
Payments on debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-1.81M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$37.16M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$65.54M	USD	3 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$595.92M	USD	3 Qtrs
Purchases of common stock held in treasury	`PaymentsForRepurchaseOfCommonStock`	$13.82M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$21.53M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-532.88M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-35.55M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$929.00K	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$532.26M	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$276.77M	USD	3 Qtrs
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$797.96M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.71B	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`	$1.18B	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`	$1.71B	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`	$1.18B	USD	Point-in-time
Interest	`InterestPaidNet`	$39.00K	USD	3 Qtrs
Interest	`InterestPaidNet`	$99.00K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$257.56M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$338.58M	USD	3 Qtrs

Stockholders Equity 54 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$5.91B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.46B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.16B	USD	Point-in-time
Balance	`StockholdersEquity`	$6.24B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.22B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.17B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.87B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.63B	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.92M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.29M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.94M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.95M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.67M	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`	$17.73M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$29.87M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$12.67M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$21.70M	USD	1 Quarter
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	845,000.00	shares	3 Qtrs
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 gain, net on available-for-sale securities	`AvailableForSaleDebtSecuritiesGrossUnrealizedGain`	$24.00K	USD	1 Quarter
Unrealized gain, net on available-for-sale securities	`AvailableForSaleDebtSecuritiesGrossUnrealizedGain`	$308.00K	USD	1 Quarter
Unrealized loss, net on available-for-sale securities	`AvailableForSaleDebtSecuritiesGrossUnrealizedLoss`	$43.00K	USD	1 Quarter
Unrealized loss, net on available-for-sale securities	`AvailableForSaleDebtSecuritiesGrossUnrealizedLoss`	$183.00K	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$13.42M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$15.82M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$399.00K	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$148.00K	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$579.95M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-26.72M	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`	$21.22M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$8.23M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$9.04M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$311.37M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$347.65M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.06B	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$937.86M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$315.19M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$403.76M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$278.83M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$337.20M	USD	1 Quarter
Balance	`StockholdersEquity`	$5.91B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.46B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.16B	USD	Point-in-time
Balance	`StockholdersEquity`	$6.24B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.22B	USD	Point-in-time
Balance	`StockholdersEquity`	$4.17B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.87B	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`	$311.37M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$347.65M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.06B	USD	3 Qtrs
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$937.86M	USD	3 Qtrs
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$315.19M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$403.76M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$278.83M	USD	1 Quarter
Net income, as reported	`NetIncomeLossAvailableToCommonStockholdersBasic`	$337.20M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$21.22M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-26.72M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-338.00K	USD	3 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-46.41M	USD	3 Qtrs
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$196.00K	USD	3 Qtrs
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$43.00K	USD	1 Quarter
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-117.00K	USD	3 Qtrs
Change in net unrealized (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-308.00K	USD	1 Quarter
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$196.00K	USD	3 Qtrs
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$43.00K	USD	1 Quarter
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-308.00K	USD	1 Quarter
Net change in available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-117.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-142.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-26.67M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-46.53M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$20.91M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$310.53M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$368.56M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$937.72M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.01B	USD	3 Qtrs

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