v3.26.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,796.2 $ 2,555.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 70.3 49.8
Stock-based compensation 379.4 306.1
Deferred income taxes 369.3 (202.5)
Other (148.2) (23.5)
Changes in operating assets and liabilities:    
Accounts receivable, net (440.9) (348.9)
Inventories (962.8) (321.1)
Other assets (604.2) (683.7)
Accounts payable 19.9 98.1
Deferred revenue 1,467.1 1,765.7
Income taxes, net (159.9) (105.2)
Other liabilities 191.2 19.6
Net cash provided by operating activities 3,977.4 3,110.0
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities of marketable securities 2,437.7 2,590.3
Proceeds from sale of marketable securities 598.0 41.4
Purchases of marketable securities (6,449.9) (4,816.3)
Purchases of property and equipment (184.9) (82.5)
Cash paid for business combinations, net of cash acquired 0.0 (300.0)
Other (60.0) (10.0)
Net cash used in investing activities (3,659.1) (2,577.1)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock under equity plans 62.9 56.9
Tax withholding paid on behalf of employees for net share settlement (49.7) (44.3)
Repurchases of common stock 0.0 (983.0)
Other (3.7) 0.0
Net cash provided by (used in) financing activities 9.5 (970.4)
Effect of exchange rate changes (3.5) 1.7
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 324.3 (435.8)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH —Beginning of period 1,965.3 2,763.8
CASH, CASH EQUIVALENTS AND RESTRICTED CASH —End of period $ 2,289.6 $ 2,328.0