10-Q Filing

Moderna, Inc. CIK: 1682852 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001682852-22-000025`
Period End Date	20220331
Filing Date	20220504
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	mrna-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 30 Cash Flow Statement 68 Stockholders Equity 17 Comprehensive Income 18

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Preferred stock par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	162.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	162.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.44B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.85B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.05B	USD	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
Investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$3.88B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$5.07B	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$3.17B	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$3.17B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.60B	shares	Point-in-time
Inventory	`InventoryNet`	$1.44B	USD	Point-in-time
Inventory	`InventoryNet`	$1.94B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.60B	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.12B	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	400.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$728.00M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	403.00M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	403.00M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	400.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$16.07B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.35B	USD	Point-in-time
Investments, non-current	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$6.84B	USD	Point-in-time
Investments, non-current	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$9.17B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.34B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.24B	USD	Point-in-time
Right-of-use assets, operating leases	`OperatingLeaseRightOfUseAsset`	$132.00M	USD	Point-in-time
Right-of-use assets, operating leases	`OperatingLeaseRightOfUseAsset`	$142.00M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$11.00M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$12.00M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$12.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$326.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$521.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$34.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$82.00M	USD	Point-in-time
Total assets	`Assets`	$24.67B	USD	Point-in-time
Total assets	`Assets`	$27.61B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$199.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$302.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.61B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.47B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$5.60B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$6.25B	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$876.00M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$1.59B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$240.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$225.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.24B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.13B	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$464.00M	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$615.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$106.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$95.00M	USD	Point-in-time
Financing lease liabilities, non-current	`FinanceLeaseLiabilityNoncurrent`	$646.00M	USD	Point-in-time
Financing lease liabilities, non-current	`FinanceLeaseLiabilityNoncurrent`	$599.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$76.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$91.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.53B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.52B	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.0001; 162 shares authorized as of March 31, 2022 and December 31, 2021; no shares issued or outstanding at March 31, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.0001; 162 shares authorized as of March 31, 2022 and December 31, 2021; no shares issued or outstanding at March 31, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.0001; 1,600 shares authorized as of March 31, 2022 and December 31, 2021; 400 and 403 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, par value $0.0001; 1,600 shares authorized as of March 31, 2022 and December 31, 2021; 400 and 403 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.64B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.21B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-184.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-24.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.62B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.96B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$17.07B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.56B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.84B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$14.14B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$27.61B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$24.67B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$6.07B	USD	1 Quarter
Total revenue	`Revenues`	$1.94B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.02B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$193.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$401.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$554.00M	USD	1 Quarter
Selling, general and administrative	`GeneralAndAdministrativeExpense`	$77.00M	USD	1 Quarter
Selling, general and administrative	`GeneralAndAdministrativeExpense`	$268.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.84B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$671.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$4.23B	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.27B	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$15.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.00M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-10.00M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-13.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.26B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.23B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$39.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$572.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.22B	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.66B	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$3.05	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$9.09	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$8.58	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$2.84	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	400.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	402.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	426.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	430.00M	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.22B	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.66B	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$44.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$30.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$79.00M	USD	1 Quarter
Amortization/accretion of investments	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$-5.00M	USD	1 Quarter
Amortization/accretion of investments	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$-18.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-50.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-146.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.82B	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.00M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$414.00M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$448.00M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$501.00M	USD	1 Quarter
Right-of-use assets, operating leases	`IncreaseDecreaseInRightOfUseAssetOperatingLeases`	$-10.00M	USD	1 Quarter
Right-of-use assets, operating leases	`IncreaseDecreaseInRightOfUseAssetOperatingLeases`	$-2.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-15.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-35.00M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$114.00M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$285.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-805.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$3.67B	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$716.00M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$90.00M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-2.00M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-10.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$35.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.76B	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.97B	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$5.57B	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$726.00M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$441.00M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$339.00M	USD	1 Quarter
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.38B	USD	1 Quarter
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$242.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$132.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$35.00M	USD	1 Quarter
Investment in convertible notes	`PaymentsToAcquireNotesReceivable`	-	USD	1 Quarter
Investment in convertible notes	`PaymentsToAcquireNotesReceivable`	$35.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.92B	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-180.00M	USD	1 Quarter
Proceeds from issuance of common stock through equity plans	`ProceedsFromStockPlans`	$12.00M	USD	1 Quarter
Proceeds from issuance of common stock through equity plans	`ProceedsFromStockPlans`	$28.00M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$623.00M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Changes in financing lease liabilities	`FinanceLeasePrincipalPayments`	$31.00M	USD	1 Quarter
Changes in financing lease liabilities	`FinanceLeasePrincipalPayments`	$2.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$26.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-642.00M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.82B	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.80B	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.86B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.45B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.06B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.64B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.86B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.45B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.06B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.64B	USD	Point-in-time
Purchases of property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$64.00M	USD	1 Quarter
Purchases of property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$21.00M	USD	1 Quarter
Right-of-use assets obtained through finance lease modifications and reassessments	`RightOfUseAssetsObtainedThroughFinanceLeaseModificationsAndReassessments`	-	USD	1 Quarter
Right-of-use assets obtained through finance lease modifications and reassessments	`RightOfUseAssetsObtainedThroughFinanceLeaseModificationsAndReassessments`	$51.00M	USD	1 Quarter
Right-of-use assets obtained in exchange for financing lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$94.00M	USD	1 Quarter
Right-of-use assets obtained in exchange for financing lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	1 Quarter

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquity`	$17.07B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$2.56B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$3.84B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$14.14B	USD	Point-in-time
Exercise of options to purchase common stock	`StockIssuedDuringPeriodValueStockOptionsExercised`	$28.00M	USD	1 Quarter
Exercise of options to purchase common stock	`StockIssuedDuringPeriodValueStockOptionsExercised`	$12.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$44.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-160.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$623.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.22B	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.66B	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$17.07B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$2.56B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$3.84B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$14.14B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.22B	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.66B	USD	1 Quarter
Unrealized losses on available-for-sale debt securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.00M	USD	1 Quarter
Unrealized losses on available-for-sale debt securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-178.00M	USD	1 Quarter
Less: net realized losses on available-for-sale securities reclassified in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Less: net realized losses on available-for-sale securities reclassified in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-7.00M	USD	1 Quarter
Net decrease from available-for-sale debt securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-171.00M	USD	1 Quarter
Net decrease from available-for-sale debt securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.00M	USD	1 Quarter
Unrealized gains on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$25.00M	USD	1 Quarter
Unrealized gains on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Less: net realized (gains) on derivative instruments reclassified in net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$14.00M	USD	1 Quarter
Less: net realized (gains) on derivative instruments reclassified in net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	1 Quarter
Net increase from derivatives designated as hedging instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$11.00M	USD	1 Quarter
Net increase from derivatives designated as hedging instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-160.00M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.22B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.50B	USD	1 Quarter

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