Accumulated Other Comprehensive Loss (AOCI)

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

Accumulated Other Comprehensive Loss (AOCI)

Accumulated Other Comprehensive Loss (AOCI)

The changes in the components of AOCI for the three months ended March 31, 2020 and 2019 are as follows (in thousands):

	Cumulative Foreign Currency Translation		Unrealized Gains/Losses on Derivative Instruments		Unrealized Gains/Losses on Marketable Securities
Balance at January 1, 2020	$	(929,713)	$	(42,752)	$	(972,465)
Other comprehensive income/(loss) before reclassifications	(575,118)		(63,351)		(638,469)
Amounts reclassified from AOCI	—		4,414		4,414
Tax effect	—		14,396		14,396
Other Comprehensive income/(loss)	$	(575,118)	$	(44,541)	$	(619,659)
Balance at March 31, 2020	$	(1,504,831)	$	(87,293)	$	(1,592,124)

	Cumulative Foreign Currency Translation		Unrealized Gains/Losses on Derivative Instruments		Unrealized Gains/Losses on Marketable Securities
Balance at January 1, 2019	$	(913,858)	$	0	$	(913,858)
Other comprehensive income/(loss) before reclassifications	373		(27,761)		(27,388)
Amounts reclassified from AOCI	—		191		191
Tax effect	—		6,863		6,863
Other Comprehensive income/(loss)	$	373	$	(20,707)	$	(20,334)
Balance at March 31, 2019	$	(913,485)	$	(20,707)	$	(934,192)