Marketable Securities (Tables)

6 Months Ended

Jun. 30, 2022

Investments, Debt and Equity Securities [Abstract]

Summary of Available-for-Sale Marketable Securities

The following is a summary of available-for-sale marketable securities, excluding those securities classified within cash and cash equivalents on the condensed consolidated balance sheets as of June 30, 2022 and December 31, 2021 (in thousands):

	June 30, 2022
	Amortized Cost		Unrealized Gain		Unrealized Losses		Fair Value
Commercial debt securities	$	998,355	$	—	$	(12,370)	$	985,985
Certificates of deposit	72,843		3		(167)		72,679
U.S. government treasury securities	179,598		6		(1,425)		178,179
Commercial paper	220,720		8		(849)		219,879
Non-U.S. government securities	8,027		—		(68)		7,959
Marketable securities	$	1,479,543	$	17	$	(14,879)	$	1,464,681

	December 31, 2021
	Amortized Cost		Unrealized Gain		Unrealized Losses		Fair Value
Commercial debt securities	$	1,034,573	$	43	$	(2,564)	$	1,032,052
Certificates of deposit	14,574		5		(10)		14,569
U.S. government treasury securities	77,628		18		(204)		77,442
Commercial paper	151,379		14		(37)		151,356
Non-U.S. government securities	8,071		—		(17)		8,054
Marketable securities	$	1,286,225	$	80	$	(2,832)	$	1,283,473

Summary of Fair Values of Available-for-Sale Marketable Securities, by Remaining Contractual Maturity

As of June 30, 2022, the fair values of available-for-sale marketable securities, by remaining contractual maturity, were as follows (in thousands):

Due within one year	$	1,314,455
Due in one year through five years	150,226
Total	$	1,464,681