| OTHER BALANCE SHEET DETAILS |
OTHER BALANCE SHEET DETAILS The components of inventory are summarized as follows: | | | | | | | | | | | | | (In thousands) | As of June 30, 2020 | | As of December 31, 2019 | | Raw materials | $ | 43,515 | | | $ | 15,418 | | | Work in progress | 20,686 | | | 38,275 | | | Finished goods | 13,217 | | | 2,655 | | | Total | $ | 77,418 | | | $ | 56,348 | |
As of June 30, 2020, we capitalized $11.5 million of inventory produced for commercial sale for products awaiting regulatory approval. As of December 31, 2019, there was no capitalized inventory for products awaiting regulatory approval. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within our condensed consolidated balance sheets that sum to the total of these amounts shown in the condensed consolidated statements of cash flows: | | | | | | | | | | | | | As of June 30, | | | | (In thousands) | 2020 | | 2019 | | Cash and cash equivalents | $ | 580,829 | | | $ | 1,136,289 | | | Restricted cash included in prepaid expenses and other current assets | 5 | | | 332 | | | Restricted cash included in long-term other assets | 2,447 | | | 2,983 | | Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows | $ | 583,281 | | | $ | 1,139,604 | |
The following tables summarize the changes in accumulated other comprehensive (loss) income, by component: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Loss on Investment in Joint Venture | | Defined Benefit Pension
Plans | | Unrealized Gains from Debt Securities | | Foreign Currency Translation
Adjustment | | Total Accumulated Other Comprehensive Loss | | Balance as of December 31, 2019 | $ | (32,792) | | | $ | (3,520) | | | $ | 137 | | | $ | (343) | | | $ | (36,518) | | | Other comprehensive income before reclassifications | — | | | — | | | 2,138 | | | 911 | | | 3,049 | | | Amounts reclassified from other comprehensive income | — | | | 146 | | | 111 | | | — | | | 257 | | | Net other comprehensive income | — | | | 146 | | | 2,249 | | | 911 | | | 3,306 | | | Balance as of June 30, 2020 | $ | (32,792) | | | $ | (3,374) | | | $ | 2,386 | | | $ | 568 | | | $ | (33,212) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Loss on Investment in Joint Venture | | Defined Benefit Pension
Plans | | Unrealized Losses from Debt
Securities | | Foreign Currency Translation
Adjustment | | Total Accumulated Other
Comprehensive Loss | | Balance as of December 31, 2018 | $ | (32,792) | | | $ | — | | | $ | (421) | | | $ | — | | | $ | (33,213) | | | Other comprehensive income before reclassifications | — | | | (4,282) | | | 478 | | | 842 | | | (2,962) | | | Amounts reclassified from other comprehensive income | — | | | — | | | 344 | | | — | | | 344 | | | Net other comprehensive income (loss) | — | | | (4,282) | | | 822 | | | 842 | | | (2,618) | | | Balance as of June 30, 2019 | $ | (32,792) | | | $ | (4,282) | | | $ | 401 | | | $ | 842 | | | $ | (35,831) | |
Amounts reclassified out of accumulated other comprehensive loss relate to settlements of marketable debt securities and amortization of our pension obligation which are recorded as interest income and other income, respectively, in the condensed consolidated statements of operations and comprehensive loss.
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