Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2015

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2015 were as follows (in thousands):

	Fair value at December 31,		Fair value measurement using
	2015		Level 1		Level 2
Assets:
Cash	$	1,139,554	$	1,139,554	$	—
Money market and deposit accounts	1,089,284		1,089,284		—
Publicly traded equity securities	3,353		3,353		—
Certificates of deposit	14,106		—		14,106
Derivative instruments (1)	68,900		—		68,900
	$	2,315,197	$	2,232,191	$	83,006
Liabilities:
Derivative instruments (1)	$	79,925	$	—	$	79,925

_________________________

(1) Includes both foreign currency embedded derivatives and foreign currency forward and option contracts. Amounts are included within other current assets, other assets, other current liabilities and other liabilities in the Company’s accompanying consolidated balance sheet.

The Company’s financial assets and liabilities measured at fair value on a recurring basis at December 31, 2014 were as follows (in thousands):

	Fair value at December 31,		Fair value measurement using
	2014		Level 1		Level 2
Assets:
Cash	$	207,953	$	207,953	$	—
Money market and deposit accounts	402,964		402,964		—
U.S. government securities	336,440		336,440		—
U.S. government agency securities	192,955		—		192,955
Certificates of deposit	439		—		439
Derivative instruments (1)	22,739		—		22,739
	$	1,163,490	$	947,357	$	216,133
Liabilities:
Derivative instruments (1)	$	810	$	—	$	810

_________________________

(1) Includes embedded derivatives, foreign currency embedded derivatives and foreign currency forward contracts. Amounts are included within other current assets, other current liabilities and other liabilities in the Company’s accompanying consolidated balance sheet.