Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2026

Schedule Of Assets And Liabilities Carried At Fair Value Measured On A Recurring Basis

Recurring Fair Value Measurements

The following tables summarize the assets and liabilities carried at fair value measured on a recurring basis as of June 30, 2026 and December 31, 2025 (in thousands):


	Assets at Fair Value as of June 30, 2026
Asset Category	Level 1		Level 2		Level 3		Total
Cash and cash equivalents (1)	$	924,411	$	—	$	—	$	924,411
Deferred compensation plan assets (2)	85,972		—		—		85,972
Total	$	1,010,383	$	—	$	—	$	1,010,383


	Assets at Fair Value as of December 31, 2025
Asset Category	Level 1		Level 2		Level 3		Total
Cash and cash equivalents (1)	$	1,111,968	$	—	$	—	$	1,111,968
Deferred compensation plan assets (2)	75,627		—		—		75,627
Total	$	1,187,595	$	—	$	—	$	1,187,595

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(1)Cash and cash equivalents consist of deposit accounts and money market funds with original maturity dates of three months or less, which are Level 1 assets. At June 30, 2026 and December 31, 2025, we had $556.4 million and $870.5 million, respectively, in money market funds. From time to time, we have cash balances in certain of our bank accounts that exceed federally insured limits.

(2)Deferred compensation plan assets are classified as “Other assets” in the Consolidated Balance Sheets.