Financial instruments carried at fair value |
Financial assets and liabilities are carried at fair value as of December 31, 2012 are classified in the tables below in the categories described below (in thousands): | | | | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | ASSETS: | |
| | |
| | |
| | |
| Short-term investments: | |
| | |
| | |
| | |
| Foreign government securities | $ | — |
| | $ | 1,886,553 |
| | $ | — |
| | $ | 1,886,553 |
| U.S. government securities | — |
| | 1,760,292 |
| | — |
| | 1,760,292 |
| Foreign exchange derivatives | — |
| | 1,038 |
| | — |
| | 1,038 |
| Total assets at fair value | $ | — |
| | $ | 3,647,883 |
| | $ | — |
| | $ | 3,647,883 |
|
| | | | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | LIABILITIES: | |
| | |
| | |
| | |
| Foreign exchange derivatives | $ | — |
| | $ | 63,151 |
| | $ | — |
| | $ | 63,151 |
| Redeemable noncontrolling interests | — |
| | — |
| | 160,287 |
| | 160,287 |
| Total liabilities at fair value | $ | — |
| | $ | 63,151 |
| | $ | 160,287 |
| | $ | 223,438 |
|
Financial assets carried at fair value as of December 31, 2013 are classified in the table below in the categories described below (in thousands):
| | | | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | ASSETS: | | | | | | | | Short-term investments: | | | | | | | | Foreign government securities | $ | — |
| | $ | 4,019,407 |
| | $ | — |
| | $ | 4,019,407 |
| U.S. government securities | — |
| | 1,443,313 |
| | — |
| | 1,443,313 |
| Foreign exchange derivatives | — |
| | 292 |
| | — |
| | 292 |
| Total assets at fair value | $ | — |
| | $ | 5,463,012 |
| | $ | — |
| | $ | 5,463,012 |
|
| | | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | LIABILITIES: | | | | | | | | Foreign exchange derivatives | $ | — |
| | 122,091 |
| | $ | — |
| | $ | 122,091 |
|
|