10-Q Filing

PALO ALTO NETWORKS INC CIK: 1327567 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001327567-22-000016`
Period End Date	20220430
Filing Date	20220520
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	panw-20220430_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 68 Cash Flow Statement 66 Stockholders Equity 41 Comprehensive Income 20

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.42B	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.87B	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.89B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.03B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.45B	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $9.6 and $11.2 at April 30, 2022 and July 31, 2021, respectively	`AccountsReceivableNetCurrent`	$1.24B	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $9.6 and $11.2 at April 30, 2022 and July 31, 2021, respectively	`AccountsReceivableNetCurrent`	$1.24B	USD	Point-in-time
Short-term deferred contract costs	`ContractWithCustomerAssetNetCurrent`	$276.50M	USD	Point-in-time
Short-term deferred contract costs	`ContractWithCustomerAssetNetCurrent`	$286.80M	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
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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$295.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$229.30M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$4.65B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$5.70B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$355.60M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$318.40M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	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
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$239.90M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$262.90M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$714.70M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$888.30M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	97.30M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	99.60M	shares	Point-in-time
Long-term deferred contract costs	`ContractWithCustomerAssetNetNoncurrent`	$494.60M	USD	Point-in-time
Long-term deferred contract costs	`ContractWithCustomerAssetNetNoncurrent`	$480.30M	USD	Point-in-time
Goodwill	`Goodwill`	$2.71B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	99.60M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	97.30M	shares	Point-in-time
Goodwill	`Goodwill`	$2.73B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$412.10M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$498.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$468.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$421.40M	USD	Point-in-time
Total assets	`Assets`	$10.24B	USD	Point-in-time
Total assets	`Assets`	$11.10B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$108.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$56.90M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$365.20M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$430.60M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$375.40M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$329.40M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$3.15B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$2.74B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtCurrent`	$3.68B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtCurrent`	$1.56B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.68B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.12B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	-	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$1.67B	USD	Point-in-time
Long-term deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$2.28B	USD	Point-in-time
Long-term deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$2.71B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$275.70M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$313.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$97.70M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$103.00M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Temporary equity	`TemporaryEquityValueExcludingAdditionalPaidInCapital`	$129.10M	USD	Point-in-time
Temporary equity	`TemporaryEquityValueExcludingAdditionalPaidInCapital`	-	USD	Point-in-time
Preferred stock; $0.0001 par value; 100.0 shares authorized; none issued and outstanding at April 30, 2022 and July 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock; $0.0001 par value; 100.0 shares authorized; none issued and outstanding at April 30, 2022 and July 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock and additional paid-in capital; $0.0001 par value; 1,000.0 shares authorized; 99.6 and 97.3 shares issued and outstanding at April 30, 2022 and July 31, 2021, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$2.31B	USD	Point-in-time
Common stock and additional paid-in capital; $0.0001 par value; 1,000.0 shares authorized; 99.6 and 97.3 shares issued and outstanding at April 30, 2022 and July 31, 2021, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$2.07B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-58.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.90M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.67B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.67B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$634.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$337.60M	USD	Point-in-time
Total liabilities, temporary equity and stockholders equity	`LiabilitiesAndStockholdersEquity`	$11.10B	USD	Point-in-time
Total liabilities, temporary equity and stockholders equity	`LiabilitiesAndStockholdersEquity`	$10.24B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenue:	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.07B	USD	1 Quarter
Revenue:	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.39B	USD	1 Quarter
Revenue:	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.95B	USD	3 Qtrs
Revenue:	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.04B	USD	3 Qtrs
Cost of revenue:	`CostOfGoodsAndServicesSold`	$916.00M	USD	3 Qtrs
Cost of revenue:	`CostOfGoodsAndServicesSold`	$330.60M	USD	1 Quarter
Cost of revenue:	`CostOfGoodsAndServicesSold`	$1.23B	USD	3 Qtrs
Cost of revenue:	`CostOfGoodsAndServicesSold`	$440.50M	USD	1 Quarter
Total gross profit	`GrossProfit`	$946.20M	USD	1 Quarter
Total gross profit	`GrossProfit`	$743.30M	USD	1 Quarter
Total gross profit	`GrossProfit`	$2.12B	USD	3 Qtrs
Total gross profit	`GrossProfit`	$2.72B	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.05B	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$355.40M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$311.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$815.10M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$1.26B	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$543.60M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$448.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$1.58B	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$94.70M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$285.40M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$94.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$296.60M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$2.93B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$2.36B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$853.70M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$993.80M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-110.40M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-204.20M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-47.60M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-243.70M	USD	3 Qtrs
Interest expense	`InterestExpense`	$121.90M	USD	3 Qtrs
Interest expense	`InterestExpense`	$6.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$20.50M	USD	3 Qtrs
Interest expense	`InterestExpense`	$41.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpenseNet`	$200.00K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpenseNet`	$1.90M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpenseNet`	$2.90M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpenseNet`	$1.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-52.50M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-224.50M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-150.40M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-362.70M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$45.80M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-5.30M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$20.70M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$16.90M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-270.30M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-379.60M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-73.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-145.10M	USD	1 Quarter
Net loss per share, basic (in usd per share)	`EarningsPerShareBasic`	$-0.74	USD	1 Quarter
Net loss per share, basic (in usd per share)	`EarningsPerShareBasic`	$-1.50	USD	1 Quarter
Net loss per share, basic (in usd per share)	`EarningsPerShareBasic`	$-2.75	USD	3 Qtrs
Net loss per share, basic (in usd per share)	`EarningsPerShareBasic`	$-3.95	USD	3 Qtrs
Net loss per share, diluted (in usd per share)	`EarningsPerShareDiluted`	$-3.95	USD	3 Qtrs
Net loss per share, diluted (in usd per share)	`EarningsPerShareDiluted`	$-1.50	USD	1 Quarter
Net loss per share, diluted (in usd per share)	`EarningsPerShareDiluted`	$-2.75	USD	3 Qtrs
Net loss per share, diluted (in usd per share)	`EarningsPerShareDiluted`	$-0.74	USD	1 Quarter
Weighted-average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	96.90M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	96.10M	shares	3 Qtrs
Weighted-average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	98.90M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	98.20M	shares	3 Qtrs
Weighted-average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.90M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.20M	shares	3 Qtrs
Weighted-average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.90M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.10M	shares	3 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-270.30M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-379.60M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-73.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-145.10M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$771.50M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$664.50M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$191.60M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$210.10M	USD	3 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$261.10M	USD	3 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$208.30M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$5.40M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$106.50M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$37.50M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$32.60M	USD	3 Qtrs
Amortization of investment premiums, net of accretion of purchase discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-10.50M	USD	3 Qtrs
Amortization of investment premiums, net of accretion of purchase discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-9.20M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-301.30M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$100.00K	USD	3 Qtrs
Deferred contract costs	`IncreaseDecreaseInContractWithCustomerAsset`	$257.10M	USD	3 Qtrs
Deferred contract costs	`IncreaseDecreaseInContractWithCustomerAsset`	$235.10M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$135.50M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$98.90M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$51.60M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.40M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-72.70M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-65.40M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-30.30M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-64.40M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$835.40M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$547.10M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.46B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.18B	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$1.30B	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$1.49B	USD	3 Qtrs
Proceeds from sales of investments	`Proceedsfromthesaleofinvestments`	$289.20M	USD	3 Qtrs
Proceeds from sales of investments	`Proceedsfromthesaleofinvestments`	$36.70M	USD	3 Qtrs
Proceeds from maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$716.90M	USD	3 Qtrs
Proceeds from maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$845.10M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$17.40M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$777.30M	USD	3 Qtrs
Purchases of property, equipment, and other assets	`PaymentsToAcquireProductiveAssets`	$153.60M	USD	3 Qtrs
Purchases of property, equipment, and other assets	`PaymentsToAcquireProductiveAssets`	$88.60M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-461.30M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.48B	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$850.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$550.00M	USD	3 Qtrs
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$136.30M	USD	3 Qtrs
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$103.70M	USD	3 Qtrs
Payments for taxes related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$39.80M	USD	3 Qtrs
Payments for taxes related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$21.90M	USD	3 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$200.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-453.50M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-768.40M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.07B	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$546.20M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.96B	USD	Point-in-time
Cash, cash equivalents, and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.43B	USD	Point-in-time
Cash, cash equivalents, and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.88B	USD	Point-in-time
Cash, cash equivalents, and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.89B	USD	Point-in-time
Cash, cash equivalents, and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.96B	USD	Point-in-time
Cash, cash equivalents, and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.43B	USD	Point-in-time
Cash, cash equivalents, and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.88B	USD	Point-in-time
Cash, cash equivalents, and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.89B	USD	Point-in-time
Equity consideration for business acquisitions	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationValue`	$-2.50M	USD	3 Qtrs
Equity consideration for business acquisitions	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationValue`	$-365.40M	USD	3 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	99.60M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	97.30M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$337.60M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$997.20M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$634.50M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$117.80M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-270.30M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-379.60M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-73.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-145.10M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-48.40M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-6.90M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-28.10M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-6.30M	USD	1 Quarter
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$58.00M	USD	1 Quarter
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$77.80M	USD	1 Quarter
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$137.00M	USD	3 Qtrs
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$103.70M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.60M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$39.80M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.00M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$11.20M	USD	1 Quarter
Share-based compensation for equity-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$709.50M	USD	3 Qtrs
Share-based compensation for equity-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$254.50M	USD	1 Quarter
Share-based compensation for equity-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$789.80M	USD	3 Qtrs
Share-based compensation for equity-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$248.70M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$350.00M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$550.00M	USD	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$850.00M	USD	3 Qtrs
Issuance of common and restricted common stock in connection with acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$340.70M	USD	3 Qtrs
Temporary equity reclassification	`AdjustmentsToAdditionalPaidInCapitalReclassificationToTemporaryEquityFromConvertibleDebt`	$161.20M	USD	1 Quarter
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	99.60M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	97.30M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$337.60M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$997.20M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$634.50M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$117.80M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-270.30M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-379.60M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-73.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-145.10M	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-14.60M	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-2.40M	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-800.00K	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-25.60M	USD	3 Qtrs
Change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-5.50M	USD	1 Quarter
Change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-22.80M	USD	3 Qtrs
Change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-4.50M	USD	3 Qtrs
Change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-13.50M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-48.40M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.10M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.90M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.30M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-386.50M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-318.70M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-151.40M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-101.30M	USD	1 Quarter

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