FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Sep. 30, 2021

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

Financial assets (excluding cash held in operating accounts and time deposits) and liabilities measured at fair value on a recurring basis, as of the date indicated below, were presented on our Condensed Consolidated Balance Sheets as follows:

			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Little or No Market Activity Inputs
As of September 30, 2021 (In thousands)	Total		(Level 1)		(Level 2)		(Level 3)
Assets
Cash equivalents:
Money market funds and other	$	690,579	$	690,579	$	—	$	—
Marketable securities:
Corporate debt securities	467,529		—		467,529		—
Municipal securities	70,892		—		70,892		—
Sovereign securities	5,049		—		5,049		—
U.S. Government agency securities	126,147		126,147		—		—
U.S. Treasury securities	247,764		241,815		5,949		—
Equity securities(1)	18,653		18,653		—		—
Total cash equivalents and marketable securities(2)	1,626,613		1,077,194		549,419		—
Other current assets:
Derivative assets	10,156		—		10,156		—
Other non-current assets:
Executive Deferred Savings Plan	262,042		199,933		62,109		—
Total financial assets(2)	$	1,898,811	$	1,277,127	$	621,684	$	—
Liabilities
Derivative liabilities	$	(4,348)	$	—	$	(4,348)	$	—
Deferred payments	(4,625)		—		—		(4,625)
Contingent consideration payable	(21,324)		—		—		(21,324)
Total financial liabilities	$	(30,297)	$	—	$	(4,348)	$	(25,949)

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(1) Transfer from Level 2 to Level 1 as the security-specific restriction expired during the three months ended September 30, 2021.

(2) Excludes cash of $747.6 million held in operating accounts and time deposits of $250.6 million (of which $71.3 million were cash equivalents) as of September 30, 2021.

Financial assets (excluding cash held in operating accounts and time deposits) and liabilities measured at fair value on a recurring basis, as of the date indicated below, were presented on our Condensed Consolidated Balance Sheets as follows:  

			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Little or No Market Activity Inputs
As of June 30, 2021 (In thousands)	Total		(Level 1)		(Level 2)		(Level 3)
Assets
Cash equivalents:
Money market funds and other	$	691,375	$	691,375	$	—	$	—
Marketable securities:
Corporate debt securities	468,746		—		468,746		—
Municipal securities	70,228		—		70,228		—
Sovereign securities	3,052		—		3,052		—
U.S. Government agency securities	145,921		145,921		—		—
U.S. Treasury securities	233,064		205,055		28,009		—
Equity securities	29,930		—		29,930		—
Total cash equivalents and marketable securities(1)	1,642,316		1,042,351		599,965		—
Other current assets:
Derivative assets	8,252		—		8,252		—
Other non-current assets:
Executive Deferred Savings Plan	266,199		200,925		65,274		—
Total financial assets(1)	$	1,916,767	$	1,243,276	$	673,491	$	—
Liabilities
Derivative liabilities	$	(2,807)	$	—	$	(2,807)	$	—
Deferred payments	(4,550)		—		—		(4,550)
Contingent consideration payable	(8,514)		—		—		(8,514)
Total financial liabilities	$	(15,871)	$	—	$	(2,807)	$	(13,064)

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(1) Excludes cash of $641.6 million held in operating accounts and time deposits of $210.6 million (of which $101.7 million were cash equivalents) as of June 30, 2021.