10-Q Filing

Moderna, Inc. CIK: 1682852 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001682852-23-000021`
Period End Date	20230331
Filing Date	20230504
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	mrna-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 30 Cash Flow Statement 74 Stockholders Equity 22 Comprehensive Income 18

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
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`	162.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	162.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.21B	USD	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.05B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.44B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$5.48B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$6.70B	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.39B	USD	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
Accounts receivable	`AccountsReceivableNetCurrent`	$1.11B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.60B	shares	Point-in-time
Inventory	`InventoryNet`	$732.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.60B	shares	Point-in-time
Inventory	`InventoryNet`	$949.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.20B	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	384.00M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	385.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.35B	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	384.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$12.12B	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	385.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$13.43B	USD	Point-in-time
Investments, non-current	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$7.44B	USD	Point-in-time
Investments, non-current	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$8.32B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$2.02B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$2.02B	USD	Point-in-time
Right-of-use assets, operating leases	`OperatingLeaseRightOfUseAsset`	$117.00M	USD	Point-in-time
Right-of-use assets, operating leases	`OperatingLeaseRightOfUseAsset`	$121.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$982.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.26B	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$988.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.16B	USD	Point-in-time
Total assets	`Assets`	$25.86B	USD	Point-in-time
Total assets	`Assets`	$24.12B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$487.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$389.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$2.10B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.61B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$2.04B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.22B	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$48.00M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$66.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$249.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$212.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.50B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.92B	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$673.00M	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$673.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$96.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$92.00M	USD	Point-in-time
Financing lease liabilities, non-current	`FinanceLeaseLiabilityNoncurrent`	$831.00M	USD	Point-in-time
Financing lease liabilities, non-current	`FinanceLeaseLiabilityNoncurrent`	$912.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$163.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$135.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.26B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.74B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.0001; 162 shares authorized as of March 31, 2023 and December 31, 2022; no shares issued or outstanding at March 31, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.0001; 162 shares authorized as of March 31, 2023 and December 31, 2022; no shares issued or outstanding at March 31, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.0001; 1,600 shares authorized as of March 31, 2023 and December 31, 2022; 384 and 385 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, par value $0.0001; 1,600 shares authorized as of March 31, 2023 and December 31, 2022; 384 and 385 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.17B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$731.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-267.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-370.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.40B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.32B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$17.07B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$18.86B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$19.12B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$14.14B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$25.86B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$24.12B	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`	$1.86B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$792.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.02B	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.13B	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$554.00M	USD	1 Quarter
Selling, general and administrative	`GeneralAndAdministrativeExpense`	$305.00M	USD	1 Quarter
Selling, general and administrative	`GeneralAndAdministrativeExpense`	$268.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$2.23B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.84B	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$4.23B	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-366.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$15.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$109.00M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-48.00M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-13.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.23B	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-305.00M	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$572.00M	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-384.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.66B	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.00M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$9.09	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$8.58	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	386.00M	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`	405.00M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.66B	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$44.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$75.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$78.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$79.00M	USD	1 Quarter
Amortization/accretion of investments	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$-18.00M	USD	1 Quarter
Amortization/accretion of investments	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$17.00M	USD	1 Quarter
Loss on equity investments, net	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$-18.00M	USD	1 Quarter
Loss on equity investments, net	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNet`	$-310.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitNet`	$-146.00M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$4.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-272.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.00M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$212.00M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$414.00M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-216.00M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$501.00M	USD	1 Quarter
Right-of-use assets, operating leases	`IncreaseDecreaseInRightOfUseAssetOperatingLeases`	$-4.00M	USD	1 Quarter
Right-of-use assets, operating leases	`IncreaseDecreaseInRightOfUseAssetOperatingLeases`	$-10.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-117.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-35.00M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-495.00M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$114.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-819.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-805.00M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$716.00M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$18.00M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-10.00M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$4.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-15.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$35.00M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.76B	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.23B	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$5.57B	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.08B	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.36B	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$441.00M	USD	1 Quarter
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.38B	USD	1 Quarter
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.96B	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$113.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$132.00M	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$85.00M	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Investment in convertible notes and equity securities	`PaymentsToAcquireNotesReceivable`	$35.00M	USD	1 Quarter
Investment in convertible notes and equity securities	`PaymentsToAcquireNotesReceivable`	$23.00M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.01B	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.92B	USD	1 Quarter
Proceeds from issuance of common stock through equity plans	`ProceedsFromStockPlans`	$9.00M	USD	1 Quarter
Proceeds from issuance of common stock through equity plans	`ProceedsFromStockPlans`	$12.00M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$526.00M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$623.00M	USD	1 Quarter
Changes in financing lease liabilities	`FinanceLeasePrincipalPaymentsNetOfAdjustments`	$31.00M	USD	1 Quarter
Changes in financing lease liabilities	`FinanceLeasePrincipalPaymentsNetOfAdjustments`	$25.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-542.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-642.00M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.80B	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$244.00M	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`	$3.22B	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`	$3.46B	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`	$3.22B	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`	$3.46B	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`	$98.00M	USD	1 Quarter
Right-of-use assets reduced through finance lease modifications and reassessments	`RightOfUseAssetsObtainedThroughFinanceLeaseModificationsAndReassessments`	$-60.00M	USD	1 Quarter
Right-of-use assets reduced through finance lease modifications and reassessments	`RightOfUseAssetsObtainedThroughFinanceLeaseModificationsAndReassessments`	-	USD	1 Quarter
Right-of-use assets obtained in exchange for financing lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	1 Quarter
Right-of-use assets obtained in exchange for financing lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$94.00M	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period (in shares)	`CommonStockSharesOutstanding`	384.00M	shares	Point-in-time
Balance at beginning of period (in shares)	`CommonStockSharesOutstanding`	385.00M	shares	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$17.07B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$18.86B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$19.12B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$14.14B	USD	Point-in-time
Exercise of options to purchase common stock	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.00M	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`	$75.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-160.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$103.00M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$623.00M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$526.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.66B	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.00M	USD	1 Quarter
Balance at end of period (in shares)	`CommonStockSharesOutstanding`	384.00M	shares	Point-in-time
Balance at end of period (in shares)	`CommonStockSharesOutstanding`	385.00M	shares	Point-in-time
Balance at end of period	`StockholdersEquity`	$17.07B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$18.86B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$19.12B	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`	$3.66B	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.00M	USD	1 Quarter
Unrealized gains (losses) on available-for-sale debt securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$79.00M	USD	1 Quarter
Unrealized gains (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`	$-7.00M	USD	1 Quarter
Less: net realized losses on available-for-sale securities reclassified in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-16.00M	USD	1 Quarter
Net increase (decrease) from available-for-sale debt securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$95.00M	USD	1 Quarter
Net increase (decrease) from available-for-sale debt securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-171.00M	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 losses (gains) on derivative instruments reclassified in net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-8.00M	USD	1 Quarter
Less: net realized losses (gains) on derivative instruments reclassified in net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$14.00M	USD	1 Quarter
Net increase from derivatives designated as hedging instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$8.00M	USD	1 Quarter
Net increase from derivatives designated as hedging instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$11.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-160.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$103.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.50B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$182.00M	USD	1 Quarter

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