CONSOLIDATED FINANCIAL STATEMENT DETAILS

6 Months Ended

Jun. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

CONSOLIDATED FINANCIAL STATEMENT DETAILS

Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheet to the total amounts shown in the consolidated statement of cash flows:



	June 30, 2019		December 31, 2018		June 30, 2018		December 31, 2017
	(In thousands)
Cash and cash equivalents	$	3,151,959	$	2,131,632	$	1,644,829	$	1,630,809
Restricted cash included in other current assets	1,574		1,633		347		2,873
Restricted cash included in other non-current assets	420		420		—		—
Total cash, cash equivalents and restricted cash as shown on the consolidated statement of cash flows	$	3,153,953	$	2,133,685	$	1,645,176	$	1,633,682

Restricted cash at June 30, 2019 and December 31, 2018 primarily consists of a cash collateralized letter of credit and a deposit related to corporate credit cards.

Restricted cash at December 31, 2017 primarily supports a letter of credit to a supplier, which was released to the Company in the second quarter of 2018.

Other income, net



	Three Months Ended June 30,		Six Months Ended June 30,
	2019	2018	2019	2018
	(In thousands)
Other income, net	$45,972	$171,141	$46,623	$166,522

Three months ended June 30, 2019 and 2018

Other income, net in 2019 includes: a $29.8 million unrealized gain related to our investment in Pinterest, which became a publicly-traded company in the second quarter of 2019; $14.5 million of interest income; and $2.1 million in net foreign currency exchange gains due primarily to the strengthening of the Euro and the U.S. dollar relative to the British Pound during the three months ended June 30, 2019.

Other income, net in 2018 includes: a $26.8 million realized gain on the sale of certain Pinterest shares held by the Company and a $128.8 million unrealized gain to adjust our remaining interest in Pinterest to fair value in accordance with ASU No. 2016-01, which was adopted effective January 1, 2018; $10.0 million in net foreign currency exchange gains due primarily to the strengthening of the U.S. dollar relative to the British Pound and Euro during the three months ended June 30, 2018; and interest income of $7.0 million.

Six months ended June 30, 2019 and 2018

Other income, net in 2019 includes: a $29.8 million unrealized gain related to our investment in Pinterest, as described above in the three-month discussion; $26.9 million of interest income; and a realized loss of $8.2 million related to the sale of a business.

Other income, net in 2018 includes: a $26.8 million realized gains on the sale of certain Pinterest shares held by the Company and a $128.8 million unrealized gain on our remaining interest in Pinterest, as described above in the three-month discussion; $12.2 million of interest income; and $2.1 million in net foreign currency exchange gains due primarily to the strengthening of the U.S. dollar relative to the British Pound and Euro during the six months ended June 30, 2018.