Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.8.0.1
Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Classes of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis
The following table summarizes financial assets and financial liabilities that are measured and recorded in the consolidated financial statements at fair value on a recurring basis:
 
Total Fair  Value
 
Fair Value Measurement Using (a)
In thousands
 
Level 1
 
Level 2
 
Level 3
September 2017
 
 
 
 
 
 
 
Financial assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
405,045

 
$
405,045

 
$
—

 
$
—

Time deposits
8,307

 
8,307

 
—

 
—

Derivative financial instruments
26,658

 
—

 
26,658

 
—

Investment securities
202,721

 
189,744

 
12,977

 
—

Financial liabilities:
 
 
 
 
 
 
 
Derivative financial instruments
89,212

 
—

 
89,212

 
—

Deferred compensation
233,151

 
—

 
233,151

 
—

December 2016
 
 
 
 
 
 
 
Financial assets:
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
840,842

 
$
840,842

 
$
—

 
$
—

Time deposits
14,774

 
14,774

 
—

 
—

Derivative financial instruments
103,340

 
—

 
103,340

 
—

Investment securities
196,738

 
179,673

 
17,065

 
—

Financial liabilities:
 
 
 
 
 
 
 
Derivative financial instruments
25,574

 
—

 
25,574

 
—

Deferred compensation
232,214

 
—

 
232,214

 
—

 
(a) 
There were no transfers among the levels within the fair value hierarchy during the first nine months of 2017 or the year ended December 2016.