CASH, CASH EQUIVALENTS AND RESTRICTED CASH

12 Months Ended

Dec. 31, 2016

Cash And Cash Equivalents [Abstract]

CASH, CASH EQUIVALENTS AND RESTRICTED CASH

NOTE 5—CASH, CASH EQUIVALENTS AND RESTRICTED CASH

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets that sum to the totals of such amounts shown in the Consolidated Statements of Cash Flows.  

	December 31, 2016		December 31, 2015
	(in thousands)
Cash and cash equivalents	$	595,921	$	664,844
Restricted cash and cash equivalents		16,412		116,801
Total cash, cash equivalents, and restricted cash shown in the Consolidated Statements of Cash Flows	$	612,333	$	781,645

A majority of our restricted cash balances as of December 31, 2016 and 2015 serves as collateral for letters of credit, as further discussed in Note 10, Debt.