FAIR VALUE OF CERTAIN FINANCIAL ASSETS AND LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2016

FAIR VALUE OF CERTAIN FINANCIAL ASSETS AND LIABILITIES

Schedule of financial assets recorded at fair value on a recurring basis

March 31, 2016	Level 1		Level 2			Level 3		Total
Cash	$	280,113	$	-		$	-	$	280,113
Money market funds	1,195,818		-			-		1,195,818
Certificates of deposit	-		102,315			-		102,315
Commercial paper	-		244,125			-		244,125
U.S. Treasuries	-		561,104			-		561,104
Municipal securities	-		478,005			-		478,005
U.S. government agency securities	-		182,291			-		182,291
Foreign currency derivatives	-		(417		)	-		(417		)
Total	$	1,475,931	$	1,567,423		$	-	$	3,043,354
Amounts included in:
Cash and cash equivalents	$	1,475,931	$	1,052,178		$	-	$	2,528,109
Short-term investments	-		508,243			-		508,243
Accounts receivable, net	-		219			-		219
Investments	-		7,419			-		7,419
Accrued liabilities	-		(636		)	-		(636		)
Total	$	1,475,931	$	1,567,423		$	-	$	3,043,354
December 31, 2015	Level 1		Level 2			Level 3		Total
Cash	$	255,723	$	-		$	-	$	255,723
Money market funds	664,005		-			-		664,005
Certificates of deposit	-		85,007			-		85,007
Commercial paper	-		430,605			-		430,605
U.S. Treasuries	-		260,035			-		260,035
Municipal securities	-		731,744			-		731,744
U.S. government agency securities	-		508,256			-		508,256
Foreign currency derivatives	-		(217		)	-		(217		)
Total	$	919,728	$	2,015,430		$	-	$	2,935,158
Amounts included in:
Cash and cash equivalents	$	919,728	$	1,255,689		$	-	$	2,175,417
Short-term investments	-		744,610			-		744,610
Accounts receivable, net	-		371			-		371
Investments	-		15,348			-		15,348
Accrued liabilities	-		(588		)	-		(588		)
Total	$	919,728	$	2,015,430		$	-	$	2,935,158