10-Q Filing

PALO ALTO NETWORKS INC CIK: 1327567 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001327567-20-000017`
Period End Date	20200430
Filing Date	20200522
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	panw-20200430_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 60 Cash Flow Statement 74 Stockholders Equity 48 Comprehensive Income 20

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.48B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.31B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$961.40M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$554.10M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.84B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1.8 and $0.8 at April 30, 2020 and July 31, 2019, respectively	`AccountsReceivableNetCurrent`	$582.40M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1.8 and $0.8 at April 30, 2020 and July 31, 2019, respectively	`AccountsReceivableNetCurrent`	$668.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$306.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$279.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.66B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.01B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$296.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$357.20M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$263.80M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$575.40M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$151.20M	USD	Point-in-time
Goodwill	`Goodwill`	$1.81B	USD	Point-in-time
Goodwill	`Goodwill`	$1.35B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$380.60M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$280.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$522.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$423.10M	USD	Point-in-time
Total assets	`Assets`	$6.59B	USD	Point-in-time
Total assets	`Assets`	$6.50B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$52.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$73.30M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$174.90M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$235.50M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$162.40M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$253.90M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.85B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.58B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.34B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.05B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$1.48B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$1.43B	USD	Point-in-time
Long-term deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$1.31B	USD	Point-in-time
Long-term deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$1.52B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$344.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$216.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$83.80M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock; $0.0001 par value; 100.0 shares authorized; none issued and outstanding at April 30, 2020 and July 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock; $0.0001 par value; 100.0 shares authorized; none issued and outstanding at April 30, 2020 and July 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Common stock and additional paid-in capital; $0.0001 par value; 1,000.0 shares authorized; 96.5 and 96.8 shares issued and outstanding at April 30, 2020 and July 31, 2019, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$1.86B	USD	Point-in-time
Common stock and additional paid-in capital; $0.0001 par value; 1,000.0 shares authorized; 96.5 and 96.8 shares issued and outstanding at April 30, 2020 and July 31, 2019, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$2.49B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-900.90M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.11B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.59B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$744.70M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.59B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.50B	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	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, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$800.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.80M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	96.80M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	96.50M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	96.50M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	96.80M	shares	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
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
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

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$869.40M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.46B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$726.60M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.09B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$204.90M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$591.00M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$258.30M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$709.10M	USD	3 Qtrs
Total gross profit	`GrossProfit`	$1.50B	USD	3 Qtrs
Total gross profit	`GrossProfit`	$611.10M	USD	1 Quarter
Total gross profit	`GrossProfit`	$1.75B	USD	3 Qtrs
Total gross profit	`GrossProfit`	$521.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$380.80M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$552.20M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$139.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$196.30M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$339.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$973.60M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$1.13B	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$388.40M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$192.60M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$62.30M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$82.90M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$228.90M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.55B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$667.60M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$540.40M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.91B	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-44.20M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-56.50M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-161.20M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-18.70M	USD	1 Quarter
Interest expense	`InterestExpense`	$19.40M	USD	1 Quarter
Interest expense	`InterestExpense`	$20.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$63.90M	USD	3 Qtrs
Interest expense	`InterestExpense`	$57.30M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpenseNet`	$8.10M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpenseNet`	$35.10M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpenseNet`	$18.20M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpenseNet`	$47.20M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-60.90M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-183.40M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-67.80M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-21.10M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$24.70M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-900.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$200.00K	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$7.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-20.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-74.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-208.10M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.10M	USD	3 Qtrs
Net loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-2.14	USD	3 Qtrs
Net loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.77	USD	1 Quarter
Net loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.65	USD	3 Qtrs
Net loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.21	USD	1 Quarter
Weighted-average shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	96.70M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	94.40M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	97.20M	shares	3 Qtrs
Weighted-average shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	94.10M	shares	3 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-20.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-74.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-208.10M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.10M	USD	3 Qtrs
Share-based compensation for equity-based awards	`ShareBasedCompensation`	$484.20M	USD	3 Qtrs
Share-based compensation for equity-based awards	`ShareBasedCompensation`	$417.50M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$111.60M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$145.60M	USD	3 Qtrs
(Gain) loss related to facility exit	`GainLossOnTerminationOfLease`	$-4.10M	USD	3 Qtrs
(Gain) loss related to facility exit	`GainLossOnTerminationOfLease`	$3.10M	USD	3 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$171.40M	USD	3 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$147.60M	USD	3 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$57.20M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$60.50M	USD	1 Quarter
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$53.60M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$47.00M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightofUseAssetAmortization`	-	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightofUseAssetAmortization`	$34.20M	USD	3 Qtrs
Amortization of investment premiums, net of accretion of purchase discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$13.00M	USD	3 Qtrs
Amortization of investment premiums, net of accretion of purchase discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$6.20M	USD	3 Qtrs
Loss on conversions of convertible senior notes	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on conversions of convertible senior notes	`GainsLossesOnExtinguishmentOfDebt`	$-2.60M	USD	3 Qtrs
Repayments of convertible senior notes attributable to debt discount	`RepaymentsOfConvertibleDebtDebtDiscount`	-	USD	3 Qtrs
Repayments of convertible senior notes attributable to debt discount	`RepaymentsOfConvertibleDebtDebtDiscount`	$67.10M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-63.80M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$67.20M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$208.00M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$164.40M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$23.20M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-22.80M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-71.60M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-22.70M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-47.10M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-10.70M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$339.10M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$453.70M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$702.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$824.10M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$2.43B	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$295.50M	USD	3 Qtrs
Proceeds from sales of investments	`Proceedsfromthesaleofinvestments`	$3.50M	USD	3 Qtrs
Proceeds from sales of investments	`Proceedsfromthesaleofinvestments`	$310.80M	USD	3 Qtrs
Proceeds from maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.71B	USD	3 Qtrs
Proceeds from maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.51B	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$583.50M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$382.80M	USD	3 Qtrs
Purchases of property, equipment, and other assets	`PaymentsToAcquireProductiveAssets`	$78.10M	USD	3 Qtrs
Purchases of property, equipment, and other assets	`PaymentsToAcquireProductiveAssets`	$182.60M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.38B	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$955.60M	USD	3 Qtrs
Repayments of convertible senior notes attributable to principal and equity component	`RepaymentsOfConvertibleDebtDebtPrincipalandEquityComponent`	$348.50M	USD	3 Qtrs
Repayments of convertible senior notes attributable to principal and equity component	`RepaymentsOfConvertibleDebtDebtPrincipalandEquityComponent`	-	USD	3 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.70M	USD	3 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.20B	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$330.00M	USD	3 Qtrs
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$70.30M	USD	3 Qtrs
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$83.70M	USD	3 Qtrs
Payments for taxes related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.80M	USD	3 Qtrs
Payments for taxes related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$24.60M	USD	3 Qtrs
Payments for deferred consideration related to business acquisitions	`PaymentsForDeferredConsiderationRelatedToBusinessAcquisitions`	$1.30M	USD	3 Qtrs
Payments for deferred consideration related to business acquisitions	`PaymentsForDeferredConsiderationRelatedToBusinessAcquisitions`	$1.30M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.13B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-637.80M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.19B	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$525.10M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$965.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Cash, cash equivalents, and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.49B	USD	Point-in-time
Cash, cash equivalents, and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.51B	USD	Point-in-time
Cash, cash equivalents, and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$965.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Cash, cash equivalents, and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.49B	USD	Point-in-time
Cash, cash equivalents, and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.51B	USD	Point-in-time

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	96.50M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	96.80M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.16B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$744.70M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.45B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-20.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-74.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-208.10M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.10M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.70M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.60M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-200.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.20M	USD	3 Qtrs
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$46.40M	USD	1 Quarter
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$70.50M	USD	3 Qtrs
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$83.50M	USD	3 Qtrs
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$36.60M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.80M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$24.60M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.80M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.60M	USD	1 Quarter
Share-based compensation for equity-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$423.00M	USD	3 Qtrs
Share-based compensation for equity-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$169.60M	USD	1 Quarter
Share-based compensation for equity-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$496.20M	USD	3 Qtrs
Share-based compensation for equity-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$140.40M	USD	1 Quarter
Repurchase and retirement of common stock	`AcceleratesShareRepurchasesStockRepurchasedAndRetiredDuringPeriodValue`	$1.20B	USD	3 Qtrs
Repurchase and retirement of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	900,000.00	shares	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.00B	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$330.00M	USD	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$198.10M	USD	3 Qtrs
Settlement of convertible notes (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	1.70M	shares	3 Qtrs
Settlement of convertible notes	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments`	$-12.20M	USD	3 Qtrs
Common stock received from exercise of note hedges (in shares)	`NoteHedgesExercisesInPeriodSharesReceived`	1.70M	shares	3 Qtrs
Stock Issued During Period, Value, Acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$224.20M	USD	1 Quarter
Stock Issued During Period, Value, Acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$225.90M	USD	3 Qtrs
Temporary equity reclassification	`AdjustmentsToAdditionalPaidInCapitalReclassificationToTemporaryEquityFromConvertibleDebt`	$20.80M	USD	3 Qtrs
Temporary equity reclassification	`AdjustmentsToAdditionalPaidInCapitalReclassificationToTemporaryEquityFromConvertibleDebt`	$1.70M	USD	1 Quarter
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	96.50M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	96.80M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.16B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$744.70M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.45B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-20.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-74.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-208.10M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.10M	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$8.10M	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.40M	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$400.00K	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.00M	USD	3 Qtrs
Change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$1.10M	USD	3 Qtrs
Change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-600.00K	USD	1 Quarter
Change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$200.00K	USD	1 Quarter
Change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-300.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-200.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.20M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.60M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.70M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-206.40M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-17.60M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-75.00M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-51.90M	USD	3 Qtrs

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