10-Q Filing

Marvell Technology, Inc. CIK: 1835632 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0001835632-23-000038`
Period End Date	20230731
Filing Date	20230825
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	mrvl-20230729_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 82 Cash Flow Statement 72 Stockholders Equity 51 Comprehensive Income 19

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$911.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$423.40M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.21B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.19B	USD	Point-in-time
Inventories	`InventoryNet`	$1.02B	USD	Point-in-time
Inventories	`InventoryNet`	$1.07B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$109.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$118.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.28B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.77B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$693.80M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$577.40M	USD	Point-in-time
Goodwill	`Goodwill`	$11.59B	USD	Point-in-time
Goodwill	`Goodwill`	$11.59B	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.56B	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$5.10B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$700.90M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$465.90M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.51B	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.44B	USD	Point-in-time
Total assets	`Assets`	$22.52B	USD	Point-in-time
Total assets	`Assets`	$21.75B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$412.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$465.80M	USD	Point-in-time
Accrued liabilities	`AccruedAndContractLiabilitiesCurrent`	$1.09B	USD	Point-in-time
Accrued liabilities	`AccruedAndContractLiabilitiesCurrent`	$1.07B	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrent`	$185.30M	USD	Point-in-time
Accrued employee compensation	`EmployeeRelatedLiabilitiesCurrent`	$244.50M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$584.40M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$1.02B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.39B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.69B	USD	Point-in-time
Long-term debt	`OtherLongTermDebtNoncurrent`	$3.91B	USD	Point-in-time
Long-term debt	`OtherLongTermDebtNoncurrent`	$3.13B	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$540.90M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$590.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.36B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.88B	USD	Point-in-time
Commitments and contingencies (Note 4)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 4)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.002 par value	`CommonStockValue`	$1.70M	USD	Point-in-time
Common stock, $0.002 par value	`CommonStockValue`	$1.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$14.74B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$14.51B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$644.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.12B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$15.70B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$15.39B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$15.53B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$15.46B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$15.64B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$15.49B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$22.52B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$21.75B	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.96B	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.34B	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.52B	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.66B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.43B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.58B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$819.80M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$730.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.08B	USD	2 Qtrs
Gross profit	`GrossProfit`	$521.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$786.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.54B	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$955.50M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$474.80M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$449.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$893.10M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$409.00M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$210.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$211.70M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$432.40M	USD	2 Qtrs
Legal settlement	`LitigationSettlementExpense`	$85.00M	USD	1 Quarter
Legal settlement	`LitigationSettlementExpense`	-	USD	1 Quarter
Legal settlement	`LitigationSettlementExpense`	$100.00M	USD	2 Qtrs
Legal settlement	`LitigationSettlementExpense`	-	USD	2 Qtrs
Restructuring related charges	`RestructuringCostsAndAssetImpairmentCharges`	$2.50M	USD	2 Qtrs
Restructuring related charges	`RestructuringCostsAndAssetImpairmentCharges`	$42.00M	USD	1 Quarter
Restructuring related charges	`RestructuringCostsAndAssetImpairmentCharges`	$101.90M	USD	2 Qtrs
Restructuring related charges	`RestructuringCostsAndAssetImpairmentCharges`	$1.20M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.43B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$726.80M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.47B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$746.90M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$108.90M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-388.10M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-205.70M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$39.10M	USD	1 Quarter
Interest income	`InvestmentIncomeNonoperating`	$1.30M	USD	2 Qtrs
Interest income	`InvestmentIncomeNonoperating`	$800.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNonoperating`	$1.60M	USD	1 Quarter
Interest income	`InvestmentIncomeNonoperating`	$4.10M	USD	2 Qtrs
Interest expense	`InterestExpense`	$106.50M	USD	2 Qtrs
Interest expense	`InterestExpense`	$76.10M	USD	2 Qtrs
Interest expense	`InterestExpense`	$53.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$39.80M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$8.90M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$6.30M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$3.70M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.60M	USD	2 Qtrs
Interest and other loss, net	`NonoperatingIncomeExpenseAndInterestIncomeExpense`	$-65.90M	USD	2 Qtrs
Interest and other loss, net	`NonoperatingIncomeExpenseAndInterestIncomeExpense`	$-35.30M	USD	1 Quarter
Interest and other loss, net	`NonoperatingIncomeExpenseAndInterestIncomeExpense`	$-45.90M	USD	1 Quarter
Interest and other loss, net	`NonoperatingIncomeExpenseAndInterestIncomeExpense`	$-95.80M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossAttributableToParent`	$43.00M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossAttributableToParent`	$-483.90M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossAttributableToParent`	$-251.60M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossAttributableToParent`	$3.80M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-500.00K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-44.10M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$204.40M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-107.50M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-165.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-207.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-168.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-161.40M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-376.40M	USD	2 Qtrs
Net income (loss) per share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Net income (loss) per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.24	USD	1 Quarter
Net income (loss) per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.19	USD	2 Qtrs
Net income (loss) per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.44	USD	2 Qtrs
Net income (loss) per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Net income (loss) per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.24	USD	1 Quarter
Net income (loss) per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.44	USD	2 Qtrs
Net income (loss) per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.19	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	849.40M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	860.90M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	850.90M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	858.80M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	858.80M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	857.90M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	849.40M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	860.90M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-165.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-207.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-168.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-161.40M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$4.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-376.40M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$152.60M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$153.90M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$296.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$275.60M	USD	2 Qtrs
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$544.30M	USD	2 Qtrs
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$271.80M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$271.80M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$541.80M	USD	2 Qtrs
Amortization of inventory fair value adjustment associated with acquisitions	`AmortizationOfInventoryFairValueAdjustmentRelatedWithAcquisition`	$15.60M	USD	2 Qtrs
Amortization of inventory fair value adjustment associated with acquisitions	`AmortizationOfInventoryFairValueAdjustmentRelatedWithAcquisition`	-	USD	2 Qtrs
Restructuring related impairment charges	`NonCashRestructuringAndRelatedChargesIncome`	$31.40M	USD	2 Qtrs
Restructuring related impairment charges	`NonCashRestructuringAndRelatedChargesIncome`	$1.90M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$178.40M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-226.70M	USD	2 Qtrs
Other expense, net	`OtherNoncashIncomeExpense`	$-22.30M	USD	2 Qtrs
Other expense, net	`OtherNoncashIncomeExpense`	$-21.70M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$239.70M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$16.90M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$184.90M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$39.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$207.10M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-52.50M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.90M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-86.80M	USD	2 Qtrs
Accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-53.70M	USD	2 Qtrs
Accrued employee compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-59.00M	USD	2 Qtrs
Accrued liabilities and other non-current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$178.50M	USD	2 Qtrs
Accrued liabilities and other non-current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$28.70M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$320.90M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$526.30M	USD	2 Qtrs
Purchases of technology licenses	`PaymentsToAcquireIntangibleAssets`	$4.20M	USD	2 Qtrs
Purchases of technology licenses	`PaymentsToAcquireIntangibleAssets`	$3.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$210.90M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$109.50M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$98.60M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.50M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$300.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-219.70M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-212.30M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$65.00M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Proceeds from employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$51.40M	USD	2 Qtrs
Proceeds from employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$60.40M	USD	2 Qtrs
Tax withholding paid on behalf of employees for net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$123.80M	USD	2 Qtrs
Tax withholding paid on behalf of employees for net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$171.70M	USD	2 Qtrs
Dividend payments to stockholders	`PaymentsOfDividends`	$103.10M	USD	2 Qtrs
Dividend payments to stockholders	`PaymentsOfDividends`	$102.00M	USD	2 Qtrs
Payments on technology license obligations	`PaymentOnTechnologyLicenseObligation`	$78.60M	USD	2 Qtrs
Payments on technology license obligations	`PaymentOnTechnologyLicenseObligation`	$71.20M	USD	2 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$200.00M	USD	2 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$250.00M	USD	2 Qtrs
Principal payments of debt	`RepaymentsOfLongTermDebt`	$151.90M	USD	2 Qtrs
Principal payments of debt	`RepaymentsOfLongTermDebt`	$593.70M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-310.40M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-588.80M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-487.60M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.60M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$911.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$617.10M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$423.40M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$613.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$911.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$617.10M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$423.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$613.50M	USD	Point-in-time

Stockholders Equity 51 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Cash dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Cash dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Cash dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Cash dividends paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Cash dividends paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Cash dividends paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Cash dividends paid (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Balance at beginning of period	`StockholdersEquity`	$15.70B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$15.39B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$15.53B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$15.46B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$15.64B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$15.49B	USD	Point-in-time
Issuance of common stock in connection with equity incentive plans	`StockIssuedDuringPeriodValueNewIssues`	$2.40M	USD	1 Quarter
Issuance of common stock in connection with equity incentive plans	`StockIssuedDuringPeriodValueNewIssues`	$52.10M	USD	1 Quarter
Issuance of common stock in connection with equity incentive plans	`StockIssuedDuringPeriodValueNewIssues`	$8.30M	USD	1 Quarter
Issuance of common stock in connection with equity incentive plans	`StockIssuedDuringPeriodValueNewIssues`	$48.90M	USD	1 Quarter
Tax withholdings related to net share settlement of restricted stock units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$34.10M	USD	1 Quarter
Tax withholdings related to net share settlement of restricted stock units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$137.60M	USD	1 Quarter
Tax withholdings related to net share settlement of restricted stock units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$72.60M	USD	1 Quarter
Tax withholdings related to net share settlement of restricted stock units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$51.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$147.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$142.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$154.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$129.70M	USD	1 Quarter
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	1.20M	shares	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$15.00M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$65.00M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$50.00M	USD	1 Quarter
Cash dividends declared and paid ($0.06 per share)	`DividendsCommonStockCash`	$51.40M	USD	1 Quarter
Cash dividends declared and paid ($0.06 per share)	`DividendsCommonStockCash`	$51.10M	USD	1 Quarter
Cash dividends declared and paid ($0.06 per share)	`DividendsCommonStockCash`	$50.90M	USD	1 Quarter
Cash dividends declared and paid ($0.06 per share)	`DividendsCommonStockCash`	$51.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-165.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-207.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-168.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-161.40M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-376.40M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-100.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-900.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Balance at end of period	`StockholdersEquity`	$15.70B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$15.39B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$15.53B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$15.46B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$15.64B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$15.49B	USD	Point-in-time

Comprehensive Income 19 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-165.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-207.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-168.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-161.40M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-376.40M	USD	2 Qtrs
Net change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-100.00K	USD	1 Quarter
Net change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	2 Qtrs
Net change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Net change in unrealized loss on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-1.00M	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-100.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-900.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00M	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$-377.40M	USD	2 Qtrs
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$4.30M	USD	1 Quarter
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$-207.60M	USD	1 Quarter
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$-161.40M	USD	2 Qtrs

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