JUNIPER NETWORKS INC, 10-Q filed on 8/8/2012
Quarterly Report
Document and Entity Information
6 Months Ended
Jun. 30, 2012
Jul. 31, 2012
Document and Entity Information [Abstract]
 
 
Entity Registrant Name
JUNIPER NETWORKS INC 
 
Entity Central Index Key
0001043604 
 
Document Type
10-Q 
 
Document Period End Date
Jun. 30, 2012 
 
Amendment Flag
false 
 
Document Fiscal Year Focus
2012 
 
Document Fiscal Period Focus
Q2 
 
Current Fiscal Year End Date
--12-31 
 
Entity Well-known Seasoned Issuer
Yes 
 
Entity Voluntary Filers
No 
 
Entity Current Reporting Status
Yes 
 
Entity Filer Category
Large Accelerated Filer 
 
Entity Common Stock, Shares Outstanding
 
526,587,746 
Condensed Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net revenues:
 
 
 
 
Product
$ 804,662 
$ 891,428 
$ 1,576,535 
$ 1,768,868 
Service
269,097 
229,116 
529,722 
453,288 
Total net revenues
1,073,759 
1,120,544 
2,106,257 
2,222,156 
Cost of revenues:
 
 
 
 
Product
292,589 
292,391 
573,218 
558,137 
Service
113,297 
105,987 
231,111 
205,968 
Total cost of revenues
405,886 
398,378 
804,329 
764,105 
Gross margin
667,873 
722,166 
1,301,928 
1,458,051 
Operating expenses:
 
 
 
 
Research and development
268,734 
257,250 
538,336 
519,229 
Sales and marketing
259,455 
246,635 
517,174 
492,926 
General and administrative
48,775 
44,260 
103,441 
89,184 
Amortization of purchased intangible assets
1,236 
1,332 
2,414 
2,876 
Restructuring
3,161 
(916)
5,200 
(1,263)
Acquisition-related
(206)
2,685 
936 
6,786 
Total operating expenses
581,155 
551,246 
1,167,501 
1,109,738 
Operating income
86,718 
170,920 
134,427 
348,313 
Other income (expense), net
2,770 
(13,688)
(21,661)
(20,150)
Income before income taxes and noncontrolling interest
89,488 
157,232 
112,766 
328,163 
Income tax provision
31,769 
41,714 
38,777 
82,985 
Consolidated net income
57,719 
115,518 
73,989 
245,178 
Adjust for net loss attributable to noncontrolling interest
42 
132 
Net income attributable to Juniper Networks
57,719 
115,560 
73,989 
245,310 
Net income per share attributable to Juniper Networks common stockholders:
 
 
 
 
Basic
$ 0.11 
$ 0.22 
$ 0.14 
$ 0.46 
Diluted
$ 0.11 
$ 0.21 
$ 0.14 
$ 0.45 
Shares used in computing net income per share:
 
 
 
 
Basic
527,756 
532,909 
527,989 
531,827 
Diluted
531,755 
546,452 
533,753 
547,729 
Comprehensive income
$ 50,069 
$ 116,584 
$ 83,217 
$ 257,331 
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:
 
 
Cash and cash equivalents
$ 3,044,310 
$ 2,910,420 
Short-term investments
394,507 
641,323 
Accounts receivable, net of allowances
406,756 
577,386 
Deferred tax assets, net
177,412 
154,310 
Prepaid expenses and other current assets
206,771 
156,222 
Total current assets
4,229,756 
4,439,661 
Property and equipment, net
711,953 
598,581 
Long-term investments
832,966 
740,659 
Restricted cash and investments
82,002 
78,307 
Purchased intangible assets, net
143,774 
123,114 
Goodwill
3,987,707 
3,928,144 
Other long-term assets
58,123 
75,354 
Total assets
10,046,281 
9,983,820 
Current liabilities:
 
 
Accounts payable
199,563 
324,843 
Accrued compensation
245,331 
223,018 
Accrued warranty
29,776 
28,276 
Deferred revenue
773,275 
712,663 
Income taxes payable
24,942 
12,545 
Other accrued liabilities
180,377 
165,358 
Total current liabilities
1,453,264 
1,466,703 
Long-term debt
999,108 
999,034 
Long-term deferred revenue
219,617 
254,364 
Long-term income taxes payable
108,178 
108,471 
Other long-term liabilities
57,191 
65,590 
Juniper Networks stockholders' equity:
 
 
Convertible preferred stock, $0.00001 par value; 10,000 shares authorized; none issued and outstanding
Common stock, $0.00001 par value; 1,000,000 shares authorized; 526,122 shares and 526,409 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively
Additional paid-in capital
10,154,457 
10,079,169 
Accumulated other comprehensive loss
(8,362)
(17,590)
Accumulated deficit
(2,937,653)
(2,972,402)
Total Juniper Networks stockholders' equity
7,208,447 
7,089,182 
Noncontrolling interest
476 
476 
Total equity
7,208,923 
7,089,658 
Total liabilities and stockholders' equity
$ 10,046,281 
$ 9,983,820 
Condensed Consolidated Balance Sheets Parentheticals (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Condensed Consolidated Balance Sheet Parenthetical [Abstract]
 
 
Convertible preferred stock - par value
$ 0.00001 
$ 0.00001 
Convertible preferred stock - shares authorized
10,000 
10,000 
Convertible preferred stock - issued
Convertible preferred stock - outstanding
Common stock - par value
$ 0.00001 
$ 0.00001 
Common stock - shares authorized
1,000,000 
1,000,000 
Common stock - issued
526,122 
526,409 
Common stock - outstanding
526,122 
526,409 
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:
 
 
Consolidated net income
$ 73,989 
$ 245,178 
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
 
 
Depreciation and amortization
89,827 
82,649 
Non-cash portion of share-based compensation
126,887 
106,243 
Deferred income taxes
(23,102)
8,677 
Gain on investments, net
(787)
Excess tax benefits from share-based compensation
(6,770)
(43,331)
Amortization of debt issuance costs
472 
273 
Changes in operating assets and liabilities, net of effects from acquisitions:
 
 
Accounts receivable, net
170,694 
107,982 
Prepaid expenses and other assets
(46,470)
6,408 
Accounts payable
(137,562)
(34,051)
Accrued compensation
21,347 
(38,756)
Income tax payable
17,186 
51,220 
Other accrued liabilities
2,754 
19,670 
Deferred revenue
25,865 
45,795 
Net cash provided by operating activities
314,330 
557,957 
Cash flows from investing activities:
 
 
Purchases of property and equipment
(169,713)
(115,941)
Purchases of trading investments
(3,120)
(3,127)
Purchases of available-for-sale investments
(614,842)
(1,293,670)
Proceeds from sales of available-for-sale investments
399,642 
685,258 
Proceeds from maturities of available-for-sale investments
371,635 
238,000 
Payments for business acquisitions, net of cash and cash equivalents acquired
(90,487)
(31,073)
Proceeds from sales of privately-held investments
19,839 
259 
Purchases of privately-held investments
(6,123)
(8,902)
Purchase of other assets
(297)
Changes in restricted cash
(211)
(1,236)
Net cash used in investing activities
(93,677)
(530,432)
Cash flows from financing activities:
 
 
Proceeds from issuance of common stock
49,797 
303,874 
Purchases and retirement of common stock
(150,087)
(355,171)
Payment for capital lease obligation
(1,430)
Issuance of long-term debt, net
991,556 
Change in customer financing arrangements
8,187 
15,064 
Excess tax benefit from share-based compensation
6,770 
43,331 
Net cash (used in) provided by financing activities
(86,763)
998,654 
Net increase in cash and cash equivalents
133,890 
1,026,179 
Cash and cash equivalents at beginning of period
2,910,420 
1,811,887 
Cash and cash equivalents at end of period
$ 3,044,310 
$ 2,838,066 
Basis of Presentation (Notes)
Basis of Presentation [Text Block]
Basis of Presentation

The unaudited Condensed Consolidated Financial Statements of Juniper Networks, Inc. (“Juniper Networks” or the “Company”) have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information as well as the instructions to Form 10-Q and the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The Condensed Consolidated Balance Sheet as of December 31, 2011, is derived from the audited Consolidated Financial Statements for the year ended December 31, 2011. In the opinion of management, all adjustments, including normal recurring accruals, considered necessary for a fair presentation have been included. The results of operations for the three and six months ended June 30, 2012, are not necessarily indicative of the results that may be expected for the year ending December 31, 2012, or any future period. The information included in this Quarterly Report on Form 10-Q ("Report") should be read in conjunction with “Management's Discussion and Analysis of Financial Condition and Results of Operations,” “Risk Factors,” “Quantitative and Qualitative Disclosures About Market Risk,” and the Consolidated Financial Statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2011.

The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. Actual results could differ materially from those estimates.

Beginning in the first quarter of 2012, the Company aligned its organizational structure to focus on its platform and software strategy, which resulted in two reportable segments organized principally by product families: Platform Systems Division ("PSD") and Software Solutions Division ("SSD"). In fiscal 2011, the Company was organized into two reportable segments, Infrastructure and Service Layer Technology. The Company has reclassified the segment data for the prior periods to conform to the current period's presentation. The segment change did not impact previously reported consolidated net revenues, operating income, net income, and net income per share. See Note 12, Segments, for further discussion of the Company's segment reorganization.

As of June 30, 2012, the Company owned a 60 percent interest in a joint venture with Nokia Siemens Networks B.V. (“NSN”). Given the Company's majority ownership interest in the joint venture, the accounts of the joint venture have been consolidated with the accounts of the Company, and a noncontrolling interest has been recorded for the noncontrolling investor's interests in the net assets and operations of the joint venture. In July 2011, NSN and the Company entered into an agreement to cease operation of and terminate the joint venture. NSN has assumed the activities of the joint venture. The Company is in the process of winding down this joint venture and the termination of this joint venture is not expected to have a material effect on the Company's financial position or results of operations.

Summary of Significant Accounting Policies (Notes)
Summary of Significant Accounting Policies [Text Block]
Summary of Significant Accounting Policies

Recent Accounting Pronouncements

In September 2011, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2011-08, Topic 350 - Intangibles - Goodwill and Other ("ASU 2011-08"), which amends Topic 350 and provides entities an option to perform a qualitative assessment to determine whether further impairment testing on goodwill is necessary. Specifically, an entity has the option to first assess qualitative factors to determine whether it is necessary to perform the current two-step test. If an entity believes, as a result of its qualitative assessment, that it is more-likely-than-not that the fair value of a reporting unit is less than its carrying amount, the quantitative impairment test is required. Otherwise, no further testing is required. The Company adopted this standard in the first quarter of 2012. The Company’s adoption of the standard during the first quarter of 2012 did not impact its consolidated results of operations or financial condition.

In June 2011, the FASB issued ASU No. 2011-05, Topic 220 - Presentation of Comprehensive Income (“ASU 2011-05”), which requires companies to present net income and other comprehensive income in one continuous statement or in two separate, but consecutive, statements. In addition, in December 2011, the FASB issued ASU No. 2011-12, Topic 220 - Comprehensive Income ("ASU 2011-12"), which defers the requirement to present components of reclassifications of other comprehensive income on the face of the income statement. The Company adopted both standards in the first quarter of 2012. The Company’s adoption of the standard during the first quarter of 2012 did not impact its consolidated results of operations or financial condition.

In May 2011, the FASB issued ASU No. 2011-04, Topic 820 - Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs (“ASU 2011-04”), which amends the fair value measurement guidance and includes some enhanced disclosure requirements. The most significant change in disclosures is an expansion of the information required for Level 3 measurements based on unobservable inputs. The Company adopted this standard in the first quarter of 2012. The Company’s adoption of the standard during the first quarter of 2012 did not impact its consolidated results of operations or financial condition.

Business Combination (Notes)
Business Combination [Text Block]
Business Combinations

The Company's Condensed Consolidated Financial Statements include the operating results of acquired businesses from the date of each acquisition. Pro forma results of operations for these acquisitions have not been presented as the financial impact to the Company's consolidated results of operations, both individually and in aggregate, is not material.
During the six months ended June 30, 2012, the Company completed two acquisitions. The fair values of certain income based taxes and residual goodwill are not yet finalized and subject to change. The Company expects to continue to obtain information to assist in determining the fair value of the net assets acquired at the acquisition date during the measurement period. Measurement period adjustments determined to be material will be applied retrospectively to the period of acquisition.
On February 13, 2012, the Company acquired 100% of the equity securities of Mykonos Software, Inc. ("Mykonos"). The acquisition of Mykonos is intended to extend Juniper's security portfolio with an intrusion deception system capable of detecting an attacker before an attack is in process. Goodwill recognized as the result of the acquisition was assigned to the SSD segment.
On March 8, 2012, the Company acquired a source code license, patent joint-ownership, and employees related to the service management layer of BitGravity, Inc. ("BitGravity") Content Delivery Network ("CDN") technology. The transaction complements the Company's Media Flow Solution and content and media delivery strategy, to enable service providers, on-line media companies, and content delivery networks to deliver on-line content more cost-effectively while simultaneously improving the end-user experience. Goodwill recognized as the result of the acquisition was assigned to the SSD segment.
The following table presents the preliminary purchase consideration allocations for these acquisitions, including cash and cash equivalents acquired (in millions):
 
Mykonos
 
BitGravity
 
Total
Net tangible assets/(liabilities) acquired
$
(0.8
)
 
$
0.1

 
$
(0.7
)
Intangible assets acquired
24.3

 
12.4

 
36.7

Goodwill
59.1

 
0.5

 
59.6

    Total
$
82.6

 
$
13.0

 
$
95.6



The Company recorded an adjustment of $0.2 million and recognized $4.2 million of acquisition-related costs during the three months ended June 30, 2012 and June 30, 2011, respectively, and $0.9 million and $9.3 million of acquisition-related costs during the six months ended June 30, 2012 and June 30, 2011, respectively. These acquisition-related charges were expensed in the period incurred and reported in the Company's Condensed Consolidated Statements of Comprehensive Income within cost of revenues and operating expenses.

The goodwill recognized for the acquisitions completed during the six months ended June 30, 2012, was primarily attributable to expected synergies and was not deductible for U.S. federal income tax purposes.

Intangible Assets Acquired

The following table presents details of the intangible assets acquired through the business combinations completed during the six months ended June 30, 2012 (in millions, except years):  
 
Mykonos
 
BitGravity
 
Estimated Useful
Life (In Years)
 
Amount
 
Estimated Useful
Life (In Years)
 
Amount
Existing technology
6
 
$
19.3

 
3
 
$
12.4

Trade name and trademarks
7
 
1.0

 
 

In-process research and development
 
4.0

 
 

Total
 
 
$
24.3

 
 
 
$
12.4

Cash, Cash Equivalents and Investments (Notes)
Cash, Cash Equivalents, and Investments [Text Block]
Cash, Cash Equivalents and Investments

Investments in Available-for-Sale and Trading Securities

The following tables summarize the Company's unrealized gains and losses, based on the specific identification method and fair value, of investments designated as available-for-sale and trading securities, as of June 30, 2012 and December 31, 2011 (in millions):
 
Amortized
Cost
 
Gross Unrealized
Gains
 
Gross Unrealized
Losses
 
Estimated Fair
Value
As of June 30, 2012
 
 
 
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
Asset-backed securities
$
156.6

 
$
0.2

 
$

 
$
156.8

Certificates of deposit
27.1

 

 

 
27.1

Corporate debt securities
532.7

 
1.5

 
(0.2
)
 
534.0

Foreign government debt securities
10.0

 

 

 
10.0

Government-sponsored enterprise obligations
262.3

 
0.3

 

 
262.6

Money market funds
1,445.3

 

 

 
1,445.3

U.S. government securities
419.4

 

 
(0.1
)
 
419.3

Total fixed income securities
2,853.4

 
2.0

 
(0.3
)
 
2,855.1

Publicly-traded equity securities
3.0

 

 
(0.2
)
 
2.8

Total available-for-sale securities
2,856.4

 
2.0

 
(0.5
)
 
2,857.9

Trading securities(*)
11.4

 

 

 
11.4

Total
$
2,867.8

 
$
2.0

 
$
(0.5
)
 
$
2,869.3

 
 
 
 
 
 
 
 
Reported as:
 
 
 
 
 
 
 
Cash equivalents
$
1,641.8

 
$

 
$

 
$
1,641.8

Short-term investments
394.4

 
0.3

 
(0.2
)
 
394.5

Long-term investments
831.6

 
1.7

 
(0.3
)
 
833.0

Total
$
2,867.8

 
$
2.0

 
$
(0.5
)
 
$
2,869.3

________________________________
(*) 
Balance includes the Company's non-qualified deferred compensation plan assets. For additional information, see Note 11, Employee Benefit Plans, under the section Deferred Compensation Plan.
 
Amortized
Cost
 
Gross Unrealized
Gains
 
Gross Unrealized
Losses
 
Estimated Fair
Value
As of December 31, 2011
 
 
 
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
Asset-backed securities
$
124.7

 
$
0.1

 
$
(0.1
)
 
$
124.7

Certificates of deposit
31.8

 

 

 
31.8

Commercial paper
10.0

 

 

 
10.0

Corporate debt securities
508.2

 
1.0

 
(0.5
)
 
508.7

Government-sponsored enterprise obligations
430.8

 
0.3

 
(0.1
)
 
431.0

Money market funds
1,316.2

 

 

 
1,316.2

U.S. government securities
301.1

 

 
(0.1
)
 
301.0

Total fixed income securities
2,722.8

 
1.4

 
(0.8
)
 
2,723.4

Total available-for-sale securities
2,722.8

 
1.4

 
(0.8
)
 
2,723.4

Trading securities(*)
9.3

 

 

 
9.3

Total
$
2,732.1

 
$
1.4

 
$
(0.8
)
 
$
2,732.7

 
 
 
 
 
 
 
 
Reported as:
 
 
 
 
 
 
 
Cash equivalents
$
1,350.7

 
$

 
$

 
$
1,350.7

Short-term investments
640.9

 
0.4

 

 
641.3

Long-term investments
740.5

 
1.0

 
(0.8
)
 
740.7

Total
$
2,732.1

 
$
1.4

 
$
(0.8
)
 
$
2,732.7


 
________________________________
(*) 
Balance includes the Company's non-qualified deferred compensation plan assets. For additional information, see Note 11, Employee Benefit Plans, under the section Deferred Compensation Plan.

The following table presents the maturities of the Company's available-for-sale and trading securities, as of June 30, 2012 (in millions):
 
Amortized
Cost
 
Gross Unrealized
Gains
 
Gross Unrealized
Losses
 
Estimated Fair
Value
Due within one year
$
2,021.6

 
$
0.3

 
$

 
$
2,021.9

Due between one and five years
831.7

 
1.7

 
(0.3
)
 
833.1

No contractual maturity
14.5

 

 
(0.2
)
 
14.3

Total
$
2,867.8

 
$
2.0

 
$
(0.5
)
 
$
2,869.3



The following tables present the Company's available-for-sale investments that were in an unrealized loss position as of June 30, 2012 and December 31, 2011 (in millions):
 
Less than 12 Months
 
12 Months or Greater
 
Total
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
As of June 30, 2012
 
 
 
 
 
 
 
 
 
 
 
Corporate debt securities
$
145.6

 
$
(0.2
)
 
$

 
$

 
$
145.6

 
$
(0.2
)
U.S. government securities
194.1

 
(0.1
)
 

 

 
194.1

 
(0.1
)
Government-sponsored enterprise obligations (*)
31.0

 

 

 

 
31.0

 

Asset-backed securities (*)
35.9

 

 
0.9

 

 
36.8

 

Publicly-traded equity securities
2.8

 
(0.2
)
 

 

 
2.8

 
(0.2
)
Total
$
409.4

 
$
(0.5
)
 
$
0.9

 
$

 
$
410.3

 
$
(0.5
)
________________________________
(*) Balance includes investments that were in an immaterial unrealized loss position as of June 30, 2012.
 
Less than 12 Months 
 
12 Months or Greater 
 
Total 
 
Fair
Value 
 
Unrealized
Loss 
 
Fair
Value 
 
Unrealized
Loss 
 
Fair
Value 
 
Unrealized
Loss 
As of December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
Corporate debt securities
$
189.9

 
$
(0.5
)
 
$

 
$

 
$
189.9

 
$
(0.5
)
U.S. government securities
186.7

 
(0.1
)
 

 

 
186.7

 
(0.1
)
Government-sponsored enterprise obligations
146.0

 
(0.1
)
 

 

 
146.0

 
(0.1
)
Asset-backed securities (*)
76.8

 
(0.1
)
 
0.3

 

 
77.1

 
(0.1
)
Total
$
599.4

 
$
(0.8
)
 
$
0.3

 
$

 
$
599.7

 
$
(0.8
)
 ________________________________
(*) Balance includes investments that were in an immaterial unrealized loss position as of December 31, 2011.

The Company had 103 and 135 investments in unrealized loss positions as of June 30, 2012 and December 31, 2011, respectively. The gross unrealized losses related to these investments were primarily due to changes in market interest rates. For the fixed income securities that have unrealized losses, the Company determined that (i) it does not have the intent to sell any of these investments and (ii) it is not more likely than not that it will be required to sell any of these investments before recovery of the entire amortized cost basis. As of June 30, 2012 and December 31, 2011, the Company did not consider these investments to be other-than-temporarily impaired. The Company reviews its investments on a regular basis to identify and evaluate investments that have an indication of possible impairment. The Company aggregates its investments by category and length of time the securities have been in a continuous unrealized loss position to facilitate its evaluation.

Restricted Cash and Investments
The Company classifies cash and investments as restricted cash and investments on its Condensed Consolidated Balance Sheets for: (i) amounts held in escrow accounts, as required by certain acquisitions completed between 2005 and 2012; (ii) the India Gratuity Trust and Israel Retirement Trust, which cover statutory severance obligations in the event of termination of any of the Company's India and Israel employees, respectively; and (iii) the Directors and Officers ("D&O") indemnification trust. During the three and six months ended June 30, 2012, the Company distributed approximately $0.5 million and $79.5 million of restricted cash, respectively, mainly related to the acquisitions completed during 2012.

The following table summarizes the Company's cash and investments that are classified as restricted cash and investments in the Condensed Consolidated Balance Sheets and designated as available-for-sale securities (in millions):
 
As of
 
June 30,
2012
 
December 31,
2011
Restricted cash:
 
 
 
Demand deposits
$
0.7

 
$
0.6

Total restricted cash
0.7

 
0.6

Restricted investments:
 
 
 
Corporate debt securities
1.6

 
1.6

Mutual funds
0.9

 
1.0

Money market funds
78.8

 
75.1

Total restricted investments
81.3

 
77.7

Total restricted cash and investments
$
82.0

 
$
78.3



As of June 30, 2012 and December 31, 2011, the unrealized gains and losses related to restricted investments were not material.

Privately-Held Investments

As of June 30, 2012 and December 31, 2011, the carrying values of the Company’s privately-held and other equity investments of $36.0 million and $51.8 million, respectively, were included in other long-term assets in the Condensed Consolidated Balance Sheets. During the three and six months ended June 30, 2012, the Company invested $5.0 million and $6.1 million, respectively, in privately-held investments. During the three and six months ended June 30, 2011, the Company invested $2.9 million and $8.9 million, respectively, in privately-held and other equity investments.

During the three and six months ended June 30, 2012, the Company recognized a net gain of $14.8 million and $0.8 million, respectively, related to the Company's privately-held investments. There were no gains or losses from the Company's privately-held and other equity investments during the three and six months ended June 30, 2011.
Fair Value Measurements (Notes)
Fair Value Disclosures [Text Block]
Fair Value Measurements

Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables provide a summary of assets and liabilities measured at fair value on a recurring basis and as reported in the Condensed Consolidated Balance Sheets (in millions):
 
Fair Value Measurements at June 30, 2012 Using:
 
 
 
Quoted Prices in
Active Markets For
Identical Assets
 
Significant Other
Observable
Remaining Inputs
 
Significant Other
Unobservable
Remaining Inputs
 
 
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Total
Assets measured at fair value:
 
 
 
 
 
 
 
Available-for-sale debt securities:
 
 
 
 
 
 
 
Asset-backed securities
$

 
$
156.8

 
$

 
$
156.8

Certificate of deposit

 
27.1

 

 
27.1

Corporate debt securities (1)

 
535.6

 

 
535.6

Foreign government debt securities

 
10.0

 

 
10.0

Government-sponsored enterprise obligations
262.6

 

 

 
262.6

Money market funds (2)
1,524.1

 

 

 
1,524.1

Mutual funds (3)
0.9

 

 

 
0.9

U.S. government securities
206.3

 
213.0

 

 
419.3

Total available-for-sale debt securities
1,993.9

 
942.5

 

 
2,936.4

Available-for-sale equity securities:
 
 
 
 
 
 
 
Publicly-traded equity securities
2.8

 

 

 
2.8

Total available-for-sale securities
1,996.7

 
942.5

 

 
2,939.2

Trading securities:
 
 
 
 
 
 
 
Mutual funds (4)
11.4

 

 

 
11.4

Derivative assets:
 
 
 
 
 
 
 
Foreign exchange contracts

 
0.4

 

 
0.4

Total assets measured at fair value
$
2,008.1

 
$
942.9

 
$

 
$
2,951.0

 
 
 
 
 
 
 
 
Liabilities measured at fair value:
 
 
 
 
 
 
 
Derivative liabilities:
 
 
 
 
 
 
 
Foreign exchange contracts
$

 
$
4.0

 
$

 
$
4.0

Total liabilities measured at fair value
$

 
$
4.0

 
$

 
$
4.0

________________________________
(1) 
Balance includes $1.6 million of restricted investments measured at fair market value, related to the Company's India Gratuity Trust.
(2) 
Balance includes $78.8 million of restricted investments measured at fair market value, related to the Company's D&O trust and acquisitions related escrows.
(3) 
Balance relates to the restricted investments measured at fair market value of the Company's India Gratuity Trust.
(4) 
Balance relates to investments measured at fair value related to the Company's non-qualified deferred compensation plan assets.

 
Fair Value Measurements at June 30, 2012 Using:
 
 
 
Quoted Prices in
Active Markets For
Identical Assets
 
Significant Other
Observable
Remaining Inputs
 
Significant Other
Unobservable
Remaining Inputs
 
 
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Total
Total assets measured at fair value, reported as:
 
 
 
 
 
 
 
Cash equivalents
$
1,445.3

 
$
196.5

 
$

 
$
1,641.8

Short-term investments
191.6

 
202.9

 

 
394.5

Long-term investments
291.5

 
541.5

 

 
833.0

Restricted investments
79.7

 
1.6

 

 
81.3

Prepaid expenses and other current assets

 
0.4

 

 
0.4

Total assets measured at fair value
$
2,008.1

 
$
942.9

 
$

 
$
2,951.0

 
 
 
 
 
 
 
 
Total liabilities measured at fair value, reported as:
 
 
 
 
 
 
 
Other accrued liabilities
$

 
$
4.0

 
$

 
$
4.0

Total liabilities measured at fair value
$

 
$
4.0

 
$

 
$
4.0



 
Fair Value Measurements at December 31, 2011 Using:
 
 
 
Quoted Prices in
Active Markets For
Identical Assets
 
Significant Other
Observable
Remaining Inputs
 
Significant Other
Unobservable
Remaining Inputs
 
 
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Total
Assets measured at fair value:
 
 
 
 
 
 
 
Available-for-sale debt securities:
 
 
 
 
 
 
 
Asset-backed securities
$

 
$
124.7

 
$

 
$
124.7

Certificate of deposit

 
31.8

 

 
31.8

Commercial paper

 
10.0

 

 
10.0

Corporate debt securities (1)

 
510.3

 

 
510.3

Government-sponsored enterprise obligations
314.2

 
116.8

 

 
431.0

Money market funds (2)
1,391.3

 

 

 
1,391.3

U.S. government securities
149.3

 
151.7

 

 
301.0

Total available-for-sale debt securities
1,854.8

 
945.3

 

 
2,800.1

Trading securities:
 
 
 
 
 
 
 
Mutual funds (3)
10.3

 

 

 
10.3

Derivative assets:
 
 
 
 
 
 
 
Foreign exchange contracts

 
0.4

 

 
0.4

Total assets measured at fair value
$
1,865.1

 
$
945.7

 
$

 
$
2,810.8

 
 
 
 
 
 
 
 
Liabilities measured at fair value:
 
 
 
 
 
 
 
Derivative liabilities:
 
 
 
 
 
 
 
Foreign exchange contracts
$

 
$
9.6

 
$

 
$
9.6

Total liabilities measured at fair value
$

 
$
9.6

 
$

 
$
9.6

________________________________
(1) 
Balance includes $1.6 million of restricted investments measured at fair market value, related to the Company's India Gratuity Trust.
(2) 
Balance includes $75.1 million of restricted investments measured at fair market value, related to the Company's D&O trust and acquisition related escrows.
(3) 
Balance includes $9.3 million of the Company's non-qualified deferred compensation plan assets and $1.0 million of restricted investments measured at fair market value, related to the Company's India Gratuity Trust.
 
Fair Value Measurements at December 31, 2011 Using:
 
 
 
Quoted Prices in
Active Markets For
Identical Assets
 
Significant Other
Observable
Remaining Inputs
 
Significant Other
Unobservable
Remaining Inputs
 
 
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Total
Total assets measured at fair value, reported as:
 
 
 
 
 
 
 
Cash equivalents
$
1,316.2

 
$
34.5

 
$

 
$
1,350.7

Short-term investments
168.9

 
472.4

 

 
641.3

Long-term investments
303.9

 
436.8

 

 
740.7

Restricted investments
76.1

 
1.6

 

 
77.7

Prepaid expenses and other current assets

 
0.4

 

 
0.4

Total assets measured at fair value
$
1,865.1

 
$
945.7

 
$

 
$
2,810.8

 
 
 
 
 
 
 
 
Total liabilities measured at fair value, reported as:
 
 
 
 
 
 
 
Other accrued liabilities
$

 
$
9.6

 
$

 
$
9.6

Total liabilities measured at fair value
$

 
$
9.6

 
$

 
$
9.6



The Company's Level 2 fixed income securities are priced using quoted market prices for similar instruments or non-binding market prices that are corroborated by observable market data. The Company uses inputs such as actual trade data, benchmark yields, broker/dealer quotes, or alternative pricing sources with reasonable levels of price transparency which are obtained from quoted market prices, independent pricing vendors, or other sources, to determine the ultimate fair value of these assets. The Company's policy is to recognize asset or liability transfers among Level 1, Level 2, and Level 3 as of the actual date of the events or change in circumstances that caused the transfer. During the three and six months ended June 30, 2012 and June 30, 2011, the Company had no transfers between levels of the fair value hierarchy of its assets or liabilities measured at fair value.

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis

As of June 30, 2012, there were no privately-held investments measured at fair value on a nonrecurring basis. As of December 31, 2011, the carrying value of privately-held investments measured at fair value on a nonrecurring basis was $0.4 million. These privately-held investments, which are normally carried at cost, are measured at fair value if events and circumstances are identified by the Company during the period that significantly impact the fair value of the investments. The Company measures the fair value of its privately-held investments using an analysis of the financial condition and near-term prospects of the investee, including recent financing activities, cash flow projections, and probability-weighted expected value based on the expected recoverability of the investments.

During the three months ended June 30, 2012, the Company determined there were no other-than-temporary impairments on its privately-held investments. The Company recognized an other-than-temporary impairment loss of $14.0 million on its privately-held investments during the six months ended June 30, 2012 and classified the investments as Level 3 assets due to the absence of quoted market prices and inherent lack of liquidity. The Company had no other-than-temporary impairment losses against its privately-held investments during the three and six months ended June 30, 2011.

As of June 30, 2012 and December 31, 2011, the Company had no liabilities measured at fair value on a nonrecurring basis.

Assets and Liabilities Not Measured at Fair Value

The carrying amounts of the Company's accounts receivable, financing receivables, accounts payable, and other accrued liabilities approximate fair value due to their short maturities. The fair value of the Company’s long-term debt is disclosed in Note 9, Long-Term Debt and Financing, and was determined using quoted market prices (Level 1).
Derivative Instruments (Notes)
Derivative Instruments [Text Block]
Derivative Instruments

The Company uses derivatives to partially offset its market exposure to fluctuations in certain foreign currencies and does not enter into derivatives for speculative or trading purposes.

The notional amount of Company's foreign currency derivatives are summarized as follows (in millions):
 
As of
 
June 30,
2012
 
December 31,
2011
Cash flow hedges
$
128.8

 
$
184.3

Non-designated hedges
105.0

 
122.7

     Total
$
233.8

 
$
307.0



Cash Flow Hedges

The Company can use foreign currency forward or option contracts to hedge certain forecasted foreign currency transactions relating to cost of services and operating expenses. The derivatives are intended to hedge the U.S. Dollar equivalent of the Company's planned cost of services and operating expenses denominated in foreign currencies. These derivatives are designated as cash flow hedges. Execution of these cash flow hedge derivatives typically occurs every month with maturities of one year or less. The effective portion of the derivative's gain or loss is initially reported as a component of accumulated other comprehensive income (loss), and upon occurrence of the forecasted transaction, is subsequently reclassified into the cost of services or operating expense line item to which the hedged transaction relates. The Company records any ineffectiveness of the hedging instruments in other income (expense), net in its Condensed Consolidated Statements of Comprehensive Income. Cash flows from such hedges are classified as operating activities. All amounts within other comprehensive income are expected to be reclassified into earnings within the next 12 months.

As of June 30, 2012 and December 31, 2011, the total fair value of the Company’s derivative assets recorded in other current assets on the Condensed Consolidated Balance Sheets was $0.4 million and $0.4 million, respectively. As of June 30, 2012 and December 31, 2011, the total fair value of the Company’s derivative liabilities recorded in other accrued liabilities on the Condensed Consolidated Balance Sheets was $4.0 million and $9.6 million, respectively.

During the three and six months ended June 30, 2012, the Company recognized a loss of $5.2 million and a gain of $0.8 million, respectively, in accumulated other comprehensive income for the effective portion of its derivative instruments and reclassified a loss of $2.0 million and $5.5 million, respectively, from other comprehensive income to operating expense in the Condensed Consolidated Statements of Comprehensive Income. During the three and six months ended June 30, 2011, the Company recognized a gain of $1.9 million and $7.1 million, respectively, in accumulated other comprehensive income for the effective portion of its derivative instruments and reclassified a gain of $1.7 million and $2.2 million, respectively, from other comprehensive income to operating expense in the Condensed Consolidated Statements of Comprehensive Income.

The ineffective portion of the Company's derivative instruments recognized in its Condensed Consolidated Statements of Comprehensive Income was not material during the three and six months ended June 30, 2012 and June 30, 2011.

Non-Designated Hedges

The Company also uses foreign currency forward contracts to mitigate variability in gains and losses generated from the re-measurement of certain monetary assets and liabilities denominated in foreign currencies. These hedges do not qualify for special hedge accounting treatment. These derivatives are carried at fair value with changes recorded in other income (expense), net in the Condensed Consolidated Statements of Comprehensive Income. Changes in the fair value of these derivatives are largely offset by re-measurement of the underlying assets and liabilities. Cash flows from such derivatives are classified as operating activities. The derivatives have maturities of approximately two months.

During the three and six months ended June 30, 2012, the Company recognized a net gain of $0.4 million and $0.3 million, respectively, within other income (expense), net, on its Condensed Consolidated Statements of Comprehensive Income from non-designated derivative instruments. During the three and six months ended June 30, 2011, the Company recognized a net gain of $0.4 million and $0.2 million, respectively, within other income (expense), net, on its Condensed Consolidated Statements of Comprehensive Income from non-designated derivative instruments.
Goodwill and Purchased Intangible Assets (Notes)
Goodwill and Intangible Assets Disclosure [Text Block]
Goodwill and Purchased Intangible Assets

Goodwill
The following table presents the goodwill activity allocated to the Company's reportable segments during the six months ended June 30, 2012 (in millions):
 
PSD
 
SSD
 
Total
Balance as of January 1, 2012
$
1,795.6

 
$
2,132.5

 
$
3,928.1

Additions due to business combinations

 
59.6

 
59.6

Balance as of June 30, 2012
$
1,795.6

 
$
2,192.1

 
$
3,987.7



The Company had no adjustments to goodwill during the six months ended June 30, 2012. The additions to goodwill during the six months ended June 30, 2012 were based on preliminary allocations of the purchase prices. There were no impairments to goodwill during the three and six months ended June 30, 2012 and June 30, 2011.
 
Purchased Intangible Assets

The Company’s purchased intangible assets were as follows (in millions):
 
Gross
 
Accumulated
Amortization
 
Net
As of June 30, 2012
 
 
 
 
 
Intangible assets with finite lives:
 
 
 
 
 
Technologies and patents
$
531.2

 
$
(418.2
)
 
$
113.0

Other
92.5

 
(68.5
)
 
24.0

Total intangible assets with finite lives
623.7

 
(486.7
)
 
137.0

IPR&D with indefinite lives
6.8

 

 
6.8

Total purchased intangible assets
$
630.5

 
$
(486.7
)
 
$
143.8

 
 
 
 
 
 
As of December 31, 2011
 
 
 
 
 
Intangible assets with finite lives:
 
 
 
 
 
Technologies and patents
$
499.5

 
$
(404.2
)
 
$
95.3

Other
91.5

 
(66.5
)
 
25.0

Total intangible assets with finite lives
591.0

 
(470.7
)
 
120.3

IPR&D with indefinite lives
2.8

 

 
2.8

Total purchased intangible assets
$
593.8

 
$
(470.7
)
 
$
123.1



Amortization of purchased intangible assets included in operating expenses and cost of product revenues totaled $8.8 million and $6.8 million for the three months ended June 30, 2012 and June 30, 2011, respectively, and $16.1 million and $13.5 million for the six months ended June 30, 2012 and June 30, 2011, respectively. There were no impairment charges with respect to the purchased intangible assets during the three and six months ended June 30, 2012 and June 30, 2011.

The purchased intangible assets balance as of June 30, 2012, includes intangible assets acquired through acquisitions completed during the first six months of 2012. Refer to Note 3, Business Combinations, for further details.

As of June 30, 2012, the estimated future amortization expense of purchased intangible assets with finite lives is as follows (in millions):
Years Ending December 31,
Amount
Remainder of 2012
$
17.5

2013
34.7

2014
32.8

2015
24.8

2016
11.1

Thereafter
16.1

Total
$
137.0

Other Financial Information (Notes)
Other Financial Information [Text Block]
Other Financial Information

Inventories, net

The Company's inventories are stated at the lower of cost or market. The Company purchases and holds inventory to ensure adequate component supplies over the life of the underlying products. The majority of the Company's inventory is production components. Inventories, net are reported within prepaid expenses and other current assets on the Condensed Consolidated Balance Sheets and consisted of the following (in millions):
 
As of
 
June 30, 2012
 
December 31, 2011
Inventories, net
 
 
 
Production materials
$
87.3

 
$
52.4

Finished goods
17.5

 
16.7

Total inventories, net
$
104.8

 
$
69.1



Warranties

The Company accrues for warranty costs as part of its cost of sales based on associated material costs, labor costs for customer support, and overhead at the time revenue is recognized. This provision is reported as accrued warranty within current liabilities on the Condensed Consolidated Balance Sheets. Changes in the Company’s warranty reserve were as follows (in millions):
 
June 30, 2012
Beginning balance
$
28.3

Provisions made during the period, net
16.8

Change in estimate

Actual costs incurred during the period
(15.3
)
Ending balance
$
29.8



Deferred Revenue

Details of the Company's deferred revenue, as reported on the Condensed Consolidated Balance Sheets, were as follows (in millions):
 
As of
 
June 30,
2012
 
December 31,
2011
Deferred product revenue:
 
 
 
Undelivered product commitments and other product deferrals
$
281.6

 
$
288.1

Distributor inventory and other sell-through items
112.6

 
134.0

Deferred gross product revenue
394.2

 
422.1

Deferred cost of product revenue
(102.7
)
 
(136.9
)
Deferred product revenue, net
291.5

 
285.2

Deferred service revenue
701.4

 
681.8

Total
$
992.9

 
$
967.0

Reported as:
 
 
 
Current
$
773.3

 
$
712.6

Long-term
219.6

 
254.4

Total
$
992.9

 
$
967.0



Deferred product revenue represents unrecognized revenue related to shipments to distributors that have not sold through to end-users, undelivered product commitments, and other shipments that have not met all revenue recognition criteria. Deferred product revenue is recorded net of the related costs of product revenue. Deferred service revenue represents customer payments made in advance for services, which include technical support, hardware and software maintenance, professional services, and training.

Restructuring Liabilities

During the third quarter of 2011, the Company implemented a restructuring plan (the "2011 Restructuring Plan") in an effort to better align its business operations with the current market and macroeconomic conditions. The 2011 Restructuring Plan consisted of certain workforce reductions, facility closures and to a lesser extent, contract terminations.

During 2009, the Company implemented a restructuring plan (the "2009 Restructuring Plan" and together with the 2011 Restructuring Plan, the "Restructuring Plans") in an effort to better align its business operations with the market and macroeconomic conditions. The 2009 Restructuring Plan included restructuring of certain business functions that resulted in reductions of workforce and facilities. The Company recorded the majority of the restructuring charges associated with this plan during the years ended 2010 and 2009.

The Company recorded net restructuring charges of $3.2 million and $5.2 million during the three and six months ended June 30, 2012, respectively, related to the restructuring activities associated with the 2011 Restructuring Plan. During the three and six months ended June 30, 2011, the Company recorded adjustments of $0.9 million and $1.3 million, respectively, in connection with the 2009 Restructuring Plan. These amounts are recorded within restructuring in the Condensed Consolidated Statements of Comprehensive Income. As of June 30, 2012, the remaining restructuring liability relates to severance costs under the 2011 Restructuring Plan that are expected to be paid during the remainder of 2012, as well as facilities-related charges under the Restructuring Plans, which are expected to be completed by February 2015.

Restructuring charges were based on the Company's restructuring plans that were committed by management. Any changes in the estimates of executing the approved plans will be reflected in the Company's results of operations. Restructuring liabilities are reported within other accrued liabilities and other long-term liabilities on the Condensed Consolidated Balance Sheets. The following table provides a summary of changes in the Company’s restructuring liability during the six months ended June 30, 2012 (in millions):
 
December 31,
2011
 
Charges
 
Cash
payments
 
Non-cash
Settlements and
Other
Adjustments
 
June 30,
2012
Facilities
$
1.0

 
$
1.7

 
$
(0.4
)
 
$

 
$
2.3

Severance, contractual
   commitments, and other charges
3.1

 
3.5

 
(4.8
)
 
0.9

 
2.7

Total
$
4.1

 
$
5.2

 
$
(5.2
)
 
$
0.9

 
$
5.0



Other Income (Expense), Net

Other income (expense), net consisted of the following (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Interest income
$
2.9

 
$
2.6

 
$
5.7

 
$
5.0

Interest expense
(13.5
)
 
(15.2
)
 
(27.7
)
 
(21.6
)
Other
13.4

 
(1.1
)
 
0.4

 
(3.5
)
Other income (expense), net
$
2.8

 
$
(13.7
)
 
$
(21.6
)
 
$
(20.1
)


Interest income primarily includes interest earned on the Company’s cash, cash equivalents, and investments. Interest expense primarily includes interest expense from long-term debt and customer financing arrangements. Other income and expense typically consists of investment and foreign exchange gains and losses and other non-operational income and expense items. During the three and six months ended June 30, 2012, the Company recognized a net gain of $14.8 million and $0.8 million, respectively, related to the Company's privately-held investments. The Company had no such gains during the three and six months ended June 30, 2011.

Long-Term Debt and Financing (Notes)
Long-Term Debt and Financing [Text Block]
Long-Term Debt and Financing

Long-Term Debt

The following table summarizes the Company's long-term debt (in millions, except percentages):
 
As of June 30, 2012
 
Amount
 
Effective Interest
Rates
Senior notes:
 
 
 
3.10% fixed-rate notes, due 2016 ("2016 Notes")
$
300.0

 
3.12
%
4.60% fixed-rate notes, due 2021 ("2021 Notes")
300.0

 
4.63
%
5.95% fixed-rate notes, due 2041 ("2041 Notes")
400.0

 
6.01
%
Total senior notes
1,000.0

 
 
Unaccreted discount
(0.9
)
 
 
Total
$
999.1

 
 

The effective interest rates for the 2016 Notes, 2021 Notes, and 2041 Notes (collectively the “Notes”) include the interest on the Notes, accretion of the discount, and amortization of issuance costs. At June 30, 2012 and December 31, 2011, the estimated fair value of the Notes included in long-term debt was approximately $1,097.3 million and $1,069.8 million, respectively, based on quoted market prices (Level 1).
 
Customer Financing Arrangements

The Company has customer financing arrangements to sell its accounts receivable to a major third-party financing provider. The program does not and is not intended to affect the timing of revenue recognition because the Company only recognizes revenue upon sell-through. Under the financing arrangements, proceeds from the financing provider are due to the Company 30 days from the sale of the receivable. In these transactions with the financing provider, the Company surrendered control over the transferred assets. The accounts receivable were isolated from the Company and put beyond the reach of creditors, even in the event of bankruptcy. The Company does not maintain effective control over the transferred assets through obligations or rights to redeem, transfer, or repurchase the receivables after they have been transferred.

Pursuant to the financing arrangements for the sale of receivables, the Company sold net receivables of $162.6 million and $224.2 million during the three months ended June 30, 2012 and June 30, 2011, respectively, and $283.2 million and $399.0 million during the six months ended June 30, 2012 and June 30, 2011, respectively.

The Company received cash proceeds from the financing provider of $147.3 million and $207.6 million during the three months ended June 30, 2012 and June 30, 2011, respectively, and $325.8 million and $401.9 million during the six months ended June 30, 2012 and June 30, 2011, respectively. As of June 30, 2012 and December 31, 2011, the amounts owed by the financing provider were $114.0 million and $162.9 million, respectively, and were recorded in accounts receivable on the Company’s Condensed Consolidated Balance Sheets.

The portion of the receivable financed that has not been recognized as revenue is accounted for as a financing arrangement and is included in other accrued liabilities and other long-term liabilities in the Condensed Consolidated Balance Sheets. As of June 30, 2012 and December 31, 2011, the estimated cash received from the financing provider not recognized as revenue from distributors was $41.3 million and $33.3 million, respectively.
Equity (Notes)
Equity [Text Block]
Equity

Stock Repurchase Activities

In June 2012, the Company’s Board of Directors (the “Board”) approved a stock repurchase program (the "2012 Stock Repurchase Program"), which authorized the Company to repurchase up to $1.0 billion of its common stock. This authorization was in addition to the $1.0 billion approved by the Board in February 2010 (the "2010 Stock Repurchase Program").

The Company repurchased and retired approximately 5.0 million and 7.4 million shares of its common stock at an average price of $18.76 and $19.72 per share for an aggregate purchase price of $94.0 million and $145.6 million during the three and six months ended June 30, 2012, respectively, under its stock repurchase programs. The Company repurchased and retired approximately 3.9 million and 8.6 million shares of its common stock at an average price of $38.94 and $40.71 per share for an aggregate purchase price of $150.0 million and $350.2 million during the three and six months ended June 30, 2011, respectively, under its stock repurchase programs. As of June 30, 2012, there was $1.1 billion authorized funds remaining under its stock repurchase programs.

Comprehensive Income Attributable to Juniper Networks

The activity for each component of comprehensive income attributable to Juniper Networks, net of related taxes, was as follows (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Consolidated net income
$
57.7

 
$
115.5

 
$
74.0

 
$
245.2

Other comprehensive income:
 
 
 
 
 
 
 
Change in unrealized (loss) gain on
   investments
(3.1
)
 
(1.5
)
 
9.2

 
2.9

Change in foreign currency translation
   adjustment
(4.5
)
 
2.6

 
0.1

 
9.2

Total other comprehensive (loss) income
(7.6
)
 
1.1

 
9.3

 
12.1

Consolidated comprehensive income
50.1

 
116.6

 
83.3

 
257.3

Adjust for comprehensive loss attributable to
  noncontrolling interest

 
0.1

 

 
0.1

Comprehensive income attributable to
   Juniper Networks
$
50.1

 
$
116.7

 
$
83.2

 
$
257.4

Employee Benefit Plans (Notes)
Employee Benefit Plans [Text Block]
Employee Benefit Plans

Share-Based Compensation Plans

The Company’s share-based compensation plans include the 2006 Equity Incentive Plan (the “2006 Plan”), 2000 Nonstatutory Stock Option Plan (the “2000 Plan”), Amended and Restated 1996 Stock Plan (the “1996 Plan”), as well as various equity incentive plans assumed through acquisitions. Under these plans, the Company has granted (or in the case of acquired plans, assumed) stock options, restricted stock units ("RSUs"), and performance share awards ("PSAs"). In addition, the Company’s 2008 Employee Stock Purchase Plan (the “2008 Purchase Plan”) permits eligible employees to acquire shares of the Company’s common stock at a 15% discount to the offering price (as determined in the 2008 Purchase Plan) through periodic payroll deductions of up to 10% of base compensation, subject to individual purchase limits of 6,000 shares in any twelve-month period or $25,000 worth of stock, determined at the fair market value of the shares at the time the stock purchase option is granted, in one calendar year.

The 2006 Plan was adopted and approved by the Company’s stockholders in May 2006 and had an initial authorized share reserve of 64.5 million shares of common stock plus the addition of any shares subject to options under the 2000 Plan and the 1996 Plan that were outstanding as of May 18, 2006, and that subsequently expire unexercised, up to a maximum of an additional 75.0 million shares. In addition, the Company’s stockholders’ approved amendments to the 2006 Plan that increased the number of shares reserved for issuance under the 2006 Plan, thereby increasing the authorized share reserve by 30.0 million shares in May 2010 and 2011, respectively, and 25.0 million shares in May 2012. As of June 30, 2012, the 2006 Plan had 62.5 million shares subject to currently outstanding equity awards and 47.2 million shares available for future issuance.

In connection with certain past acquisitions, the Company assumed stock options and RSU awards under the stock plans of the acquired companies. The Company exchanged those awards for Juniper Networks' stock options and RSUs. As of June 30, 2012, stock options and RSUs representing approximately 1.4 million shares of common stock were outstanding under awards assumed through the Company's past acquisitions.

Stock Option Activities

Since 2006, the Company has granted stock option awards that have a maximum contractual life of seven years from the date of grant. Prior to 2006, stock option awards generally had a ten-year contractual life from the date of grant.


The following table summarizes the Company’s stock option activity and related information as of and for the six months ended June 30, 2012 (in millions, except for per share amounts and years):
 
Outstanding Options
 
Number of Shares
 
Weighted Average
Exercise Price
per Share
 
Weighted Average
Remaining
Contractual Term
(In Years)
 
Aggregate
Intrinsic
Value
Balance at January 1, 2012
38.6

 
$
23.98

 
 
 
 
Options granted (*)
3.0

 
22.93

 
 
 
 
Options canceled
(0.6
)
 
28.63

 
 
 
 
Options exercised
(2.5
)
 
10.32

 
 
 
 
Options expired
(0.6
)
 
27.58

 
 
 
 
Balance at June 30, 2012
37.9

 
$
24.64

 
3.6
 
$
13.3

 
 
 
 
 
 
 
 
As of June 30, 2012:
 
 
 
 
 
 
 
Vested or expected-to-vest options
36.2

 
$
24.46

 
3.5
 
$
13.2

Exercisable options
26.9

 
$
23.41

 
2.9
 
$
11.2


________________________________
(*)    There were no options granted during the three months ended June 30, 2012.

Aggregate intrinsic value represents the difference between the Company’s closing stock price on the last trading day of the period, which was $16.31 per share as of June 30, 2012, and the exercise price multiplied by the number of related options. The pre-tax intrinsic value of options exercised, representing the difference between the fair market value of the Company’s common stock on the date of the exercise and the exercise price of each option, was $16.2 million and $23.1 million for the three and six months ended June 30, 2012, respectively. The total fair value of vested options for the three and six months ended June 30, 2012 was $18.8 million and $46.2 million, respectively.

Restricted Stock Units and Performance Share Awards Activities

RSUs generally vest over a period of three to four years from the date of grant and PSAs generally vest after three years provided that certain annual performance targets and other vesting criteria are met. Until vested, RSUs and PSAs do not have the voting and dividend participation rights of common stock and the shares underlying the awards are not considered issued and outstanding.

The following table summarizes the Company’s RSU and PSA activity and related information as of and for the six months ended June 30, 2012 (in millions, except per share amounts and years):
 
Outstanding RSUs and PSAs
 
Number of Shares
 
Weighted Average
Grant-Date Fair
Value per Share
 
Weighted Average
Remaining
Contractual Term
(In Years)
 
Aggregate
Intrinsic
Value
Balance at January 1, 2012
19.6

 
$
30.27

 
 
 
 
RSUs granted
7.3

 
21.70

 
 
 
 
RSUs assumed
0.2

 
22.47

 
 
 
 
PSAs granted (*)
2.2

 
23.22

 
 
 
 
RSUs vested
(1.9
)
 
27.88

 
 
 
 
PSAs vested
(1.5
)
 
15.79

 
 
 
 
RSUs canceled
(0.9
)
 
29.37

 
 
 
 
PSAs canceled
(0.4
)
 
32.45

 
 
 
 
Balance at June 30, 2012
24.6

 
$
27.87

 
1.5
 
$
424.8

 
 
 
 
 
 
 
 
As of June 30, 2012:
 
 
 
 
 
 
 
Vested and expected-to-vest RSUs and PSAs
20.2

 
$
28.18

 
1.5
 
$
357.2

________________________________
(*) 
The number of shares subject to PSAs granted represents the aggregate maximum number of shares that may be issued pursuant to the award over its full term. The aggregate number of shares subject to these PSAs that would be issued if performance goals determined by the Compensation Committee are achieved at target is 0.9 million shares. Depending on achievement of such performance goals, the range of shares that could be issued under these awards is 0 to 2.2 million shares.

Shares Available for Grant

The following table presents the stock grant activity and the total number of shares available for grant under the 2006 Plan as of June 30, 2012 (in millions):
 
Number of Shares
Balance at January 1, 2012
41.1

Additional shares authorized for issuance
25.0

RSUs and PSAs granted (1)
(19.9
)
Options granted
(3.0
)
RSUs and PSAs canceled (1)
2.8

Options canceled (2)
0.6

Options expired (2)
0.6

Balance at June 30, 2012
47.2

________________________________
(1) 
RSUs and PSAs with a per share or unit purchase price lower than 100% of the fair market value of the Company's common stock on the day of the grant under the 2006 Plan are counted against shares authorized under the plan as two and one-tenth shares of common stock for each share subject to such award. The number of shares subject to PSAs granted represents the maximum number of shares that may be issued pursuant to the award over its full term.
(2) 
Includes canceled or expired options under the 1996 Plan and the 2000 Plan that expired unexercised after May 18, 2006, which become available for grant under the 2006 Plan according to its terms.

Employee Stock Purchase Plan

The Company's 2008 Purchase Plan is implemented in a series of offering periods, each six months in duration, or a shorter period as determined by the Board. Under the 2008 Purchase Plan, employees purchased approximately 1.7 million shares at an average per share price of $17.79 for the six months ended June 30, 2012, and 1.0 million shares at an average price of $23.89 for the six months ended June 30, 2011. No employee purchases were made for the three months ended June 30, 2012 and June 30, 2011.
As of June 30, 2012, approximately 7.6 million shares have been issued and 11.4 million shares remain available for future issuance under the 2008 Purchase Plan.

Common Stock Reserved for Future Issuance

As of June 30, 2012, the Company had reserved an aggregate of approximately 121.0 million shares of common stock for future issuance under its equity incentive plans and the 2008 Purchase Plan.

Share-Based Compensation Expense

The Company determines the fair value of its stock options utilizing the Black-Scholes-Merton (“BSM”) option-pricing model, which incorporates various assumptions including volatility, risk-free interest rate, expected life, and dividend yield. The expected volatility is based on the implied volatility of market-traded options on the Company’s common stock, adjusted for other relevant factors including historical volatility of the Company’s common stock over the most recent period commensurate with the estimated expected life of the Company’s stock options. The expected life of a stock option award is based on historical experience and on the terms and conditions of the stock awards granted to employees, as well as the potential effect from stock options that had not been exercised at the time. The Company determines the fair value of its RSUs and PSAs based upon the fair market value of the shares of the Company’s common stock at the date of grant.

The weighted average assumptions used and the resulting estimates of fair value for stock options and the employee stock purchase plan were:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Stock Options:
 
 
 
 
 
 
 
Volatility
 
41%
 
46%
 
41%
Risk-free interest rate
 
1.4%
 
0.8%
 
1.7%
Expected life (years)
 
4.1
 
4.2
 
4.1
Dividend yield
 
 
 
Weighted-average fair value per share
 
$12.40
 
$8.51
 
$14.29
 
 
 
 
 
 
 
 
Employee Stock Purchase Plan:
 
 
 
 
 
 
 
Volatility
51%
 
33%
 
51%
 
33%
Risk-free interest rate
0.1%
 
1.8%
 
0.1%
 
1.8%
Expected life (years)
0.5
 
0.5
 
0.5
 
0.5
Dividend yield
 
 
 
Weighted-average fair value per share
$6.38
 
$9.07
 
$6.38
 
$9.07


The Company expenses the cost of its stock options on a straight-line basis over the vesting period and expenses the cost of its RSUs ratably over the vesting period. With respect to PSAs, for the portion of the award attributable to each performance year, the Company recognizes PSA expense ratably over the remaining vesting period starting in the period in which the annual performance targets are set for each such performance year.

The Company’s share-based compensation expense associated with stock options, employee stock purchases, RSUs, and PSAs was recorded in the following cost and expense categories (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Cost of revenues - Product
$
1.2

 
$
1.2

 
$
2.3

 
$
2.2

Cost of revenues - Service
4.2

 
4.4

 
9.4

 
8.4

Research and development
28.5

 
26.6

 
54.3

 
48.9

Sales and marketing
21.0

 
19.2

 
42.9

 
32.4

General and administrative
7.0

 
8.7

 
18.0

 
17.3

Total
$
61.9

 
$
60.1

 
$
126.9

 
$
109.2



The following table summarizes share-based compensation expense by award type (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Stock options
$
15.1

 
$
19.9

 
$
32.8

 
$
39.6

RSUs and PSAs
41.0

 
34.5

 
82.6

 
58.0

Assumed RSUs
0.4

 

 
0.6

 

Employee stock purchase plan
5.4

 
4.2

 
10.9

 
8.6

Other acquisition-related compensation

 
1.5

 

 
3.0

Total
$
61.9

 
$
60.1

 
$
126.9

 
$
109.2



As of June 30, 2012, approximately $84.4 million of unrecognized compensation cost, adjusted for estimated forfeitures, related to unvested stock options will be recognized over a weighted-average period of approximately 2.5 years and approximately $311.4 million of unrecognized compensation cost, adjusted for estimated forfeitures, related to unvested RSUs and PSAs will be recognized over a weighted-average period of approximately 2.2 years.

401(k) Plan

The Company maintains a savings and retirement plan qualified under Section 401(k) of the Internal Revenue Code of 1986, as amended (the "IRC"). Employees meeting the eligibility requirements, as defined under the IRC, may contribute up to the statutory limits each year. The Company has matched employee contributions since January 1, 2001, currently matching 25% of all eligible employee contributions. All matching contributions vest immediately. The Company’s matching contributions to the plan totaled $5.6 million and $12.2 million for the three and six months ended June 30, 2012, respectively, and $4.7 million and $9.8 million for the three and six months ended June 30, 2011, respectively.

Deferred Compensation Plan

The Company’s non-qualified deferred compensation (“NQDC”) plan is an unfunded and unsecured deferred compensation arrangement. Under the NQDC plan, officers and other senior employees may elect to defer a portion of their compensation and contribute such amounts to one or more investment funds. The NQDC plan assets are included within short-term investments, and offsetting obligations are included within accrued compensation in the Condensed Consolidated Balance Sheets. The investments are considered trading securities and are reported at fair value. The realized and unrealized holding gains and losses related to these investments are recorded in other income (expense), net, and the offsetting compensation expense is recorded as operating expenses in the Condensed Consolidated Statements of Comprehensive Income. The deferred compensation liability under the NQDC plan was approximately $11.5 million and $9.3 million as of June 30, 2012 and December 31, 2011, respectively. See Note 4, Cash, Cash Equivalents, and Investments for additional information regarding the Company's NQDC plan.

Segments (Notes)
Segments [Text Block]
Segments

The Company’s chief operating decision maker (“CODM”) allocates resources and assesses performance based on financial information of the Company’s divisions. In fiscal 2012, the Company reorganized its operations into two reportable segments principally by product families: PSD and SSD. As a result of the change, product families and services were organized within the two divisions based on homogeneity of products and technology.

To provide improved visibility and comparability, the Company reclassified segment operating results for 2011 to conform with certain 2012 organizational realignments.

The Company’s PSD segment primarily offers scalable routing and switching products that are used in service provider, enterprise, and public sector networks to control and direct network traffic from data centers, core, edge, aggregation, campus, Wide Area Networks ("WANs"), branch, and customer premise equipment level. The Company's PSD segment consists of routing, switching, and security/other products and services. Routing includes products and services from the E, M, MX, PTX and T Series. Switching primarily consists of products and services for EX Series and wireless local area network solutions, as well as QFabric™. Security/other includes products and services from the branch SRX, branch firewall, and J Series, as well as the network application platform, Junos® Space.

The Company's SSD segment offers solutions that meet a broad array of our customers’ priorities, from protecting the users, applications and data on the network to providing network services across a distributed infrastructure. The SSD segment primarily consists of security/other and routing products and services. Security/other includes High-End SRX services and vGW Virtual Gateways, High-End Firewall virtual private network systems and appliances, secure socket layer virtual private network appliances, intrusion detection and prevention appliances, wide area network optimization platforms, and Junos Pulse. Routing primarily consists of Routing Services Software and Mobile Applications (such as MobileNextTM).

The CODM does not allocate to the Company's business segments certain operating expenses managed separately at the corporate level. Direct costs and operating expenses, such as standard cost of goods sold, research and development, and product marketing expenses, are generally applied to each segment. Indirect costs, such as manufacturing overhead and other cost of revenues, are allocated based on factors including headcount, usage, and revenue. Segment contribution margin is comprised of these direct costs and operating expenses, as well as these indirect costs. Corporate unallocated charges includes: sales, marketing, general and administrative costs, share-based compensation, amortization of purchased intangible assets, restructuring and impairment charges, gains or losses on equity investments, other net income and expense, income taxes, and certain other charges. Segment contribution margin excludes these corporate unallocated charges.

The following table summarizes financial information for each segment used by the CODM (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Net revenues:
 
 
 
 
 
 
 
PSD
$
871.5

 
$
916.9

 
$
1,695.7

 
$
1,815.5

SSD
202.3

 
203.6

 
410.6

 
406.7

Total net revenues
1,073.8

 
1,120.5

 
2,106.3

 
2,222.2

 
 
 
 
 
 
 
 
Segment contribution margin:
 
 
 
 
 
 
 
PSD
351.1

 
415.5

 
655.8

 
832.6

SSD
74.5

 
74.6

 
156.4

 
155.7

Total segment contribution margin
425.6

 
490.1

 
812.2

 
988.3

 
 
 
 
 
 
 
 
Corporate unallocated expenses (1)
(264.6
)
 
(247.9
)
 
(527.7
)
 
(500.3
)
Amortization of purchased intangible assets (2)
(8.8
)
 
(6.8
)
 
(16.1
)
 
(13.5
)
Share-based compensation expense
(61.9
)
 
(60.1
)
 
(126.9
)
 
(109.2
)
Share-based payroll tax expense
(0.6
)
 
(1.1
)
 
(1.0
)
 
(9.0
)
Restructuring
(3.2
)
 
0.9

 
(5.2
)
 
1.3

Acquisition-related (3)
0.2

 
(4.2
)
 
(0.9
)
 
(9.3
)
Total operating income
86.7

 
170.9

 
134.4

 
348.3

Other income (expense), net
2.8

 
(13.7
)
 
(21.6
)
 
(20.1
)
Income before income taxes and
  noncontrolling interest
$
89.5

 
$
157.2

 
$
112.8

 
$
328.2

________________________________
(1) 
Amount includes unallocated costs for global functions such as sales, marketing, and G&A.
(2) 
Amount includes amortization expense of purchased intangible assets in operating expenses and in cost of revenues.
(3) 
Amount includes acquisition-related costs in operating expenses and in cost of revenues.
Depreciation expense allocated to the PSD segment was $29.4 million and $57.6 million in the three and six months ended June 30, 2012, respectively, and $26.5 million and $52.5 million in the three and six months ended June 30, 2011, respectively. Depreciation expense allocated to the SSD segment was $8.2 million and $16.1 million in the three and six months ended June 30, 2012, respectively, and $8.6 million and $16.6 million in the three and six months ended June 30, 2011, respectively.
The Company attributes revenues to geographic region based on the customer’s ship-to location. The following table shows net revenues by geographic region (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Americas:
 
 
 
 
 
 
 
United States
$
537.6

 
$
523.9

 
$
1,006.0

 
$
1,049.9

Other
49.7

 
54.8

 
112.6

 
110.4

Total Americas
587.3

 
578.7

 
1,118.6

 
1,160.3

Europe, Middle East, and Africa
299.3

 
329.0

 
606.4

 
629.0

Asia Pacific
187.2

 
212.8

 
381.3

 
432.9

Total
$
1,073.8

 
$
1,120.5

 
$
2,106.3

 
$
2,222.2


During the three and six months ended June 30, 2012, Verizon Communications, Inc. accounted for 12.0% and 14.0% of net revenues, respectively. During the three and six months ended June 30, 2011, no single customer accounted for 10% or more of net revenues.
The Company tracks assets by physical location. The majority of the Company’s assets, excluding cash and cash equivalents and investments, as of June 30, 2012 and December 31, 2011, were attributable to U.S. operations. As of June 30, 2012 and December 31, 2011, gross property and equipment held in the U.S., as a percentage of total property and equipment, was approximately 80%. Although management reviews asset information on a corporate level and allocates depreciation expense by segment, the CODM does not review asset information on a segment basis.
Income Taxes (Notes)
Income Tax [Text Block]
Income Taxes

The Company recorded a tax provision of $31.8 million and $38.8 million, or effective tax rates of 35.5% and 34.4% for the three and six months ended June 30, 2012, respectively. The Company recorded a tax provision of $41.7 million and $83.0 million for the three and six months ended June 30, 2011, or effective tax rates of 26.5% and 25.3%, respectively. 

The effective tax rates for the three and six months ended June 30, 2012, are similar to the federal statutory rate of 35%. The rates reflect the benefit of earnings in foreign jurisdictions, which are subject to lower tax rates, offset by the impact of the Company's investment activity. The effective rates for the periods do not reflect the benefit of the federal R&D credit, which expired on December 31, 2011.
 
The effective tax rate for the three and six months ended June 30, 2011, differs from the federal statutory rate of 35% primarily due to the federal R&D credit and the benefit of earnings in foreign jurisdictions, which are subject to lower tax rates.
The increase in the gross unrecognized tax benefits for the six months ended June 30, 2012 was not material. In the same period, a benefit primarily related to expiration of statutes of limitation in the amount of approximately $3.8 million, including interest and penalties, impacted the effective tax rate.

The Company is currently under examination by the Internal Revenue Service ("IRS") for the 2004 through 2009 tax years. The Company is also subject to two separate ongoing examinations by the India tax authorities for the 2004 tax year and 2004 through 2008 tax years, respectively. Additionally, the Company has not reached a final resolution with the IRS on an adjustment it proposed for the 1999 and 2000 tax years. The Company is not aware of any other examination by taxing authorities in any other major jurisdictions in which it files income tax returns as of June 30, 2012.
 
In 2011, as part of the 2005 and 2006 IRS audit, the Company received a proposed adjustment related to its intercompany R&D cost sharing arrangement for the license of intangibles acquired in 2005. In 2009, as part of the 2004 IRS audit, the Company received a similar proposed adjustment related to the license of intangibles acquired in 2004.
In 2008, the Company received a proposed adjustment from the India tax authorities related to the 2004 tax year. In 2009, the India tax authorities commenced a separate investigation of our 2004 through 2008 tax returns and are disputing the Company's determination of taxable income due to the cost basis of certain fixed assets. The Company accrued $4.6 million in penalties and interest in 2009 related to this matter. The Company understands that the India tax authorities may issue an initial assessment that is substantially higher than this amount. As a result, in accordance with the administrative and judicial process in India, the Company may be required to make payments that are substantially higher than the amount accrued in order to ultimately settle this issue. The Company strongly believes that any assessment it may receive in excess of the amount accrued would be inconsistent with applicable India tax laws and intends to defend this position vigorously.
 
The Company is pursuing all available administrative procedures relative to the matters referenced above. The Company believes that it has adequately provided for any reasonably foreseeable outcomes related to these proposed adjustments and the ultimate resolution of these matters is unlikely to have a material effect on its consolidated financial condition or results of operations; however there is still a possibility that an adverse outcome of these matters could have a material effect on its consolidated financial condition and results of operations. For more information, see Note 15, Commitments and Contingencies, under the heading “IRS Notices of Proposed Adjustments.”

The Company engages in continuous discussions and negotiations with tax authorities regarding tax matters in various jurisdictions. It is reasonably possible that the balance of the gross unrecognized tax benefits will decrease by approximately $2.8 million within the next twelve months due to lapses of applicable statutes of limitation in multiple jurisdictions that the Company operated in. However, at this time, the Company is unable to make a reasonably reliable estimate of the timing of payments related to the remaining unrecognized tax liabilities due to uncertainties in the timing of tax audit outcomes.
Net Income per Share (Notes)
Earnings Per Share [Text Block]
Net Income per Share

The Company computed basic and diluted net income per share attributable to Juniper Networks common stockholders as follows (in millions, except per share amounts):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Numerator:
 
 
 
 
 
 
 
Net income attributable to Juniper Networks
$
57.7

 
$
115.6

 
$
74.0

 
$
245.3

Denominator:
 
 
 
 
 
 
 
Weighted-average shares used to compute
   basic net income per share
527.8

 
532.9

 
528.0

 
531.8

Dilutive effect of employee stock awards
4.0

 
13.6

 
5.8

 
15.9

Weighted-average shares used to compute
   diluted net income per share
531.8

 
546.5

 
533.8

 
547.7

Net income per share attributable to Juniper
    Networks common stockholders:
 
 
 
 
 
 
 
Basic
$
0.11

 
$
0.22

 
$
0.14

 
$
0.46

Diluted
$
0.11

 
$
0.21

 
$
0.14

 
$
0.45



Basic net income per share is computed using net income available to common stockholders and the weighted-average number of common shares outstanding for the period. Diluted net income per share is computed using net income available to common stockholders and the weighted-average number of common shares outstanding plus potentially dilutive common shares outstanding during the period. Dilutive potential common shares consist of common shares issuable upon exercise of stock options, employee stock purchase plan, vesting of RSUs, and vesting of PSAs.

The Company excludes both outstanding stock options with exercise prices that are greater than the average market price and RSUs with grant date fair market value that are greater than the average market price from the calculation of diluted net income per share because their effect would be anti-dilutive. The Company includes the common shares underlying PSAs in the calculation of diluted net income per share when they become contingently issuable and excludes such shares when they are not contingently issuable. Potentially dilutive common shares of approximately 42.3 million and 33.2 million shares for the three and six months ended June 30, 2012, respectively, and 13.5 million and 44.8 million shares for the three and six months ended June 30, 2011, respectively, were outstanding but were not included in the computation of diluted net income per share.

Commitments and Contingencies (Notes)
Commitments and Contingencies [Text Block]
Commitments and Contingencies

Commitments

The following table summarizes the Company’s future principal contractual obligations as of June 30, 2012 (in millions):
 
Total
 
Remainder
of 2012
 
2013
 
2014
 
2015
 
2016
 
Thereafter
 
Other
Operating leases
$
286.7

 
$
30.3

 
$
50.0

 
$
43.6

 
$
35.4

 
$
26.9

 
$
100.5

 
$

Purchase commitments
122.0

 
122.0

 

 

 

 

 

 

Tax liabilities
108.2

 

 

 

 

 

 

 
108.2

Long-term debt
1,000.0

 

 

 

 

 
300.0

 
700.0

 

Interest payment on
  long-term debt
849.7

 
23.5

 
46.9

 
46.9

 
46.9

 
41.9

 
643.6

 

Other contractual obligations
101.8

 
89.7

 
6.3

 
3.4

 
2.4

 

 

 

Total
$
2,468.4

 
$
265.5

 
$
103.2

 
$
93.9

 
$
84.7

 
$
368.8

 
$
1,444.1

 
$
108.2



Operating Leases

The Company leases certain facilities and equipment under operating leases that expire at various times, the longest of which expires on November 30, 2022. Future minimum payments for non-cancelable operating leases totaled $286.7 million as of June 30, 2012. Rent expense was $15.8 million and $31.5 million for the three and six months ended June 30, 2012, respectively, and $17.8 million and $32.6 million for the three and six months ended June 30, 2011, respectively.

Purchase Commitments

In order to reduce manufacturing lead times and ensure adequate component supply, contract manufacturers utilized by the Company place non-cancelable, non-returnable (“NCNR”) orders for components based on the Company’s build forecasts. As of June 30, 2012, there were NCNR component orders placed by the contract manufacturers with a value of $122.0 million. The contract manufacturers use the components to build products based on the Company’s forecasts and customer purchase orders received by the Company. Generally, the Company does not own the components and title to the products transfers from the contract manufacturers to the Company and immediately to the Company’s customers upon delivery at a designated shipment location. If the components remain unused or the products remain unsold for specified periods, the Company may incur carrying charges or obsolete materials charges for components that the contract manufacturers purchased to build products to meet the Company’s forecast or customer orders. As of June 30, 2012, the Company had accrued $15.9 million based on its estimate of such charges.

Tax Liabilities

As of June 30, 2012, the Company had $108.2 million included in long-term liabilities in the Condensed Consolidated Balance Sheets for unrecognized tax positions. At this time, the Company is unable to make a reasonably reliable estimate of the timing of payments related to the $108.2 million in liability due to uncertainties in the timing of tax audit outcomes.

Long-Term Debt and Interest Payment on Long-Term Debt

As of June 30, 2012, the Company held long-term debt with a carrying value of $999.1 million. Of these Notes, $300.0 million will mature in 2016 and bears interest at a fixed rate of 3.10%, $300.0 million will mature in 2021 and bears interest at a fixed rate of 4.60%, and $400.0 million will mature in 2041 and bears interest at a fixed rate of 5.95%. Interest on the Notes is payable semiannually. See Note 9, Long-Term Debt and Financing, for further discussion of the Company's long-term debt.

Other Contractual Obligations

As of June 30, 2012, other contractual obligations primarily consisted of $28.8 million in indemnity-related and service related escrows, required by certain acquisitions completed in 2005 and 2010, $58.1 million in campus build-out obligations, and other miscellaneous commitments.

Guarantees

The Company enters into agreements with customers that contain indemnification provisions relating to potential situations where claims could be alleged that the Company’s products infringe the intellectual property rights of a third-party. The Company also has financial guarantees consisting of guarantees of product and service performance, guarantees related to third-party customer-financing arrangements, customs and duties guarantees, and standby letters of credit for certain lease facilities. As of June 30, 2012 and December 31, 2011, the Company had $19.5 million and $19.9 million, respectively, in bank guarantees and standby letters of credit related to these financial guarantees.

Legal Proceedings

The Company is involved in disputes, litigation, and other legal actions, including, but not limited to, the matters described below. The Company is aggressively defending its current litigation matters, and while there can be no assurances, the Company currently believes that there are no existing claims or proceedings that are likely to have a material adverse effect on its financial position, the outcome of these matters is currently not determinable. There are many uncertainties associated with any litigation, and these actions or other third-party claims against the Company may cause the Company to incur costly litigation and/or substantial settlement charges. In addition, the resolution of any intellectual property litigation may require the Company to make royalty payments, which could adversely affect gross margins in future periods. If any of those events were to occur, the Company's business, financial condition, results of operations, and cash flows could be adversely affected. The actual liability in any such matters may be materially different from the Company's estimates, if any, which could result in the need to adjust the liability and record additional expenses. Unless otherwise noted below, during the period presented, we have not: recorded any accrual for loss contingencies associated with such legal proceedings; determined that an unfavorable outcome is probable or reasonably possible; or determined that the amount or range of any possible loss is reasonably estimable.

2011 Federal Securities Class Action

On August 15, 2011, a purported securities class action lawsuit, captioned City of Royal Oak Retirement System v. Juniper Networks, Inc., et al., Case No. 11-cv-04003-LHK, was filed in the United States District Court for the Northern District of California naming the Company and certain of its officers and directors as defendants. The complaint alleges that the defendants made false and misleading statements regarding the Company's business and prospects. Plaintiffs seek an unspecified amount of monetary damages on behalf of the purported class. On January 9, 2012 the Court appointed City of Omaha Police and Fire Retirement System and City of Bristol Pension Fund as lead plaintiff. Lead plaintiff filed an amended complaint on February 13, 2012. The amended complaint alleges that defendants made false and misleading statements about Juniper's business and future prospects, and failed to adequately disclose the impact of certain changes in accounting rules. The amended complaint purports to assert claims for violations of Sections 10(b), 20(a) and 20A of the Securities Exchange Act of 1934 and SEC Rule 10b-5 on behalf of those who purchased or otherwise acquired Juniper's common stock between July 20, 2010 and July 26, 2011, inclusive. On March 14, 2012, Defendants filed motions to dismiss. Plaintiffs filed their opposition to the motions on April 13, 2012. Defendants filed reply briefs on May 4, 2012. On July 23, 2012, the Court issued an order dismissing the action and giving Plaintiffs 21 days to file an amended complaint.

2011 California State Derivative Lawsuits

Between August 22 and September 9, 2011, four purported shareholder derivative actions were filed in the Superior Court of the State of California, County of Santa Clara, naming certain of the Company's officers and directors as defendants. The Company is named only as a nominal defendant in the actions. The actions were consolidated as In re Juniper Networks, Inc. Shareholder Litigation, Case No. 1-11-CV-207701 (Lead Case), by order dated September 12, 2011. The complaints are generally based upon the disclosures and alleged omissions challenged in the securities class action. The complaints purport to assert claims against the defendants for breach of fiduciary duties, unjust enrichment, abuse of control, gross mismanagement, and waste of corporate assets. The complaints seek, among other relief, damages in an unspecified amount, restitution, and attorneys' fees and costs. On March 8, 2012, the Company filed a motion to stay the action until resolution of the federal securities class action discussed above, and also filed a demurrer seeking to dismiss the action for the reason that plaintiffs lack standing. The plaintiffs filed oppositions to both motions on April 5, 2012. Defendants filed reply briefs on May 7, 2012. At a hearing on July 27, 2012, the Court ordered that the actions be stayed until such time as the federal court issues an order denying a motion to dismiss in the securities class action, City of Omaha Police and Fire Retirement System v. Juniper Networks, Inc. et al., Case No. CV-11-4003-LHK. The Court deferred deciding the demurrer pending the stay.
2011 Federal Derivative Lawsuit
On September 27, 2011 and December 28, 2011, two purported shareholder derivative actions, captioned Ratinova v. Johnson, et al., Case No. 11-cv-04792 and Lisa E. Coppola, ERA v. Johnson, et al., Case No. 11-cv-06667, respectively, were filed in the United States District Court for the Northern District of California naming certain of the Company's officers and directors as defendants. The Company is named only as a nominal defendant in the action. Like the state derivative actions, the federal derivative lawsuits are generally based upon the disclosures and alleged omissions challenged in the securities class action. The complaints purport to assert claims against the defendants for breach of fiduciary duties and unjust enrichment. The complaints seek, among other relief, damages in an unspecified amount, restitution, and attorneys' fees and costs. By order dated January 30, 2012, the Court consolidated the actions as In re Juniper Networks, Inc. Shareholder Derivative Litigation, Master File No. 11-cv-04792-LHK. On February 3, 2012, the parties filed a stipulation in which the parties requested that the Court stay the action until such time as the Court entered an order denying a motion to dismiss in the related federal securities class action described above. On February 6, 2012, the Court granted the parties' stipulation.
IRS Notices of Proposed Adjustments

In 2011, as a result of its audit of the Company's U.S. federal income tax returns for the 2005 and 2006 fiscal years, the IRS issued a Preliminary Notice of Deficiency (“PNOD”) regarding the Company's transfer pricing transactions under its intercompany R&D cost sharing arrangement related to the license of intangibles acquired in 2005. The asserted changes would affect the Company's income tax liabilities for tax years subsequent to 2004. Because of the PNOD, the estimated incremental tax liabilities for all relative tax years would be approximately $92 million, excluding interest and penalties. The Company has filed a protest to the proposed deficiency with the IRS.

In 2009, the Company received a PNOD from the IRS claiming that the Company owes additional taxes, plus interest and possible penalties, for the 2004 tax year based on a transfer pricing transaction related to the license of acquired intangibles under an intercompany R&D cost sharing arrangement. The asserted changes to the Company's 2004 tax year would affect the Company's income tax liabilities in tax years subsequent to 2003. In addition, the Company has not reached a final resolution with the IRS on an adjustment the IRS proposed for the 1999 and 2000 tax years. Because of the PNOD, the estimated incremental tax liability would be approximately $807 million, excluding interest and penalties. The Company has filed a protest to the PNOD, which is under review by the Appeals Division of the IRS.

The Company strongly believes the IRS' position with regard to transfer pricing transactions for the Company's 2004 through 2006 fiscal years are inconsistent with applicable tax laws, judicial precedent and existing Treasury regulations, and that the Company's previously reported income tax provisions for the years in question are appropriate. However, there can be no assurance that these matters will be resolved in the Company's favor. Regardless of whether these matters are resolved in the Company's favor, the final resolution of these matters could be expensive and time-consuming to defend and/or settle. While the Company believes it has provided adequately for these matters, there is still a possibility that an adverse outcome from these matters could have a material effect on its results of operations and financial condition.
 
In September 2008, as part of its ongoing audit of the U.S. federal income tax return for the 2004 fiscal year, the IRS issued a Notice of Proposed Adjustment (“NOPA”) regarding the Company's business credits. The Company believes that it has adequately provided for any reasonable foreseeable outcome related to this proposed adjustment.

The Company is also under routine examination by certain state and non-U.S. tax authorities. The Company believes that it has adequately provided for any reasonably foreseeable outcome related to these audits.
Subsequent Events
Subsequent Events [Text Block]
Subsequent Events

Stock Repurchases

Subsequent to June 30, 2012, through the filing of this Report, the Company repurchased 6.7 million shares of its common stock, for $118.8 million at an average purchase price of $17.73 per share, under its stock repurchase programs. Repurchases of 5.7 million shares were settled prior to the filing of this Report and the remaining shares will be settled after the filing date. Under the 2012 Stock Repurchase Program, the Company has $949.4 million authorized funds remaining as of the filing date. There were no remaining funds under the 2010 Stock Repurchase Program. Purchases under the Company's stock repurchase programs are subject to a review of the circumstances in place at the time and will be made from time to time as permitted by securities laws and other legal requirements. These programs may be discontinued at any time.

Asset Acquisition 

Subsequent to June 30, 2012, the Company finalized an agreement with Riverbed Technology ("Riverbed"). Under the terms of this agreement, the Company will license Riverbed's application delivery controller technology for cash consideration of $75.0 million, certain software integration services, and joint marketing efforts relating to wide area network optimization solutions.
Summary of Significant Accounting Policies (Policies)
Recent Accounting Pronouncements
Recent Accounting Pronouncements

In September 2011, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2011-08, Topic 350 - Intangibles - Goodwill and Other ("ASU 2011-08"), which amends Topic 350 and provides entities an option to perform a qualitative assessment to determine whether further impairment testing on goodwill is necessary. Specifically, an entity has the option to first assess qualitative factors to determine whether it is necessary to perform the current two-step test. If an entity believes, as a result of its qualitative assessment, that it is more-likely-than-not that the fair value of a reporting unit is less than its carrying amount, the quantitative impairment test is required. Otherwise, no further testing is required. The Company adopted this standard in the first quarter of 2012. The Company’s adoption of the standard during the first quarter of 2012 did not impact its consolidated results of operations or financial condition.

In June 2011, the FASB issued ASU No. 2011-05, Topic 220 - Presentation of Comprehensive Income (“ASU 2011-05”), which requires companies to present net income and other comprehensive income in one continuous statement or in two separate, but consecutive, statements. In addition, in December 2011, the FASB issued ASU No. 2011-12, Topic 220 - Comprehensive Income ("ASU 2011-12"), which defers the requirement to present components of reclassifications of other comprehensive income on the face of the income statement. The Company adopted both standards in the first quarter of 2012. The Company’s adoption of the standard during the first quarter of 2012 did not impact its consolidated results of operations or financial condition.

In May 2011, the FASB issued ASU No. 2011-04, Topic 820 - Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs (“ASU 2011-04”), which amends the fair value measurement guidance and includes some enhanced disclosure requirements. The most significant change in disclosures is an expansion of the information required for Level 3 measurements based on unobservable inputs. The Company adopted this standard in the first quarter of 2012. The Company’s adoption of the standard during the first quarter of 2012 did not impact its consolidated results of operations or financial condition.

Business Combination (Tables)
The following table presents the preliminary purchase consideration allocations for these acquisitions, including cash and cash equivalents acquired (in millions):
 
Mykonos
 
BitGravity
 
Total
Net tangible assets/(liabilities) acquired
$
(0.8
)
 
$
0.1

 
$
(0.7
)
Intangible assets acquired
24.3

 
12.4

 
36.7

Goodwill
59.1

 
0.5

 
59.6

    Total
$
82.6

 
$
13.0

 
$
95.6



The following table presents details of the intangible assets acquired through the business combinations completed during the six months ended June 30, 2012 (in millions, except years):  
 
Mykonos
 
BitGravity
 
Estimated Useful
Life (In Years)
 
Amount
 
Estimated Useful
Life (In Years)
 
Amount
Existing technology
6
 
$
19.3

 
3
 
$
12.4

Trade name and trademarks
7
 
1.0

 
 

In-process research and development
 
4.0

 
 

Total
 
 
$
24.3

 
 
 
$
12.4

Cash, Cash Equivalents and Investments (Tables)
The following tables summarize the Company's unrealized gains and losses, based on the specific identification method and fair value, of investments designated as available-for-sale and trading securities, as of June 30, 2012 and December 31, 2011 (in millions):
 
Amortized
Cost
 
Gross Unrealized
Gains
 
Gross Unrealized
Losses
 
Estimated Fair
Value
As of June 30, 2012
 
 
 
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
Asset-backed securities
$
156.6

 
$
0.2

 
$

 
$
156.8

Certificates of deposit
27.1

 

 

 
27.1

Corporate debt securities
532.7

 
1.5

 
(0.2
)
 
534.0

Foreign government debt securities
10.0

 

 

 
10.0

Government-sponsored enterprise obligations
262.3

 
0.3

 

 
262.6

Money market funds
1,445.3

 

 

 
1,445.3

U.S. government securities
419.4

 

 
(0.1
)
 
419.3

Total fixed income securities
2,853.4

 
2.0

 
(0.3
)
 
2,855.1

Publicly-traded equity securities
3.0

 

 
(0.2
)
 
2.8

Total available-for-sale securities
2,856.4

 
2.0

 
(0.5
)
 
2,857.9

Trading securities(*)
11.4

 

 

 
11.4

Total
$
2,867.8

 
$
2.0

 
$
(0.5
)
 
$
2,869.3

 
 
 
 
 
 
 
 
Reported as:
 
 
 
 
 
 
 
Cash equivalents
$
1,641.8

 
$

 
$

 
$
1,641.8

Short-term investments
394.4

 
0.3

 
(0.2
)
 
394.5

Long-term investments
831.6

 
1.7

 
(0.3
)
 
833.0

Total
$
2,867.8

 
$
2.0

 
$
(0.5
)
 
$
2,869.3

________________________________
(*) 
Balance includes the Company's non-qualified deferred compensation plan assets. For additional information, see Note 11, Employee Benefit Plans, under the section Deferred Compensation Plan.
 
Amortized
Cost
 
Gross Unrealized
Gains
 
Gross Unrealized
Losses
 
Estimated Fair
Value
As of December 31, 2011
 
 
 
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
Asset-backed securities
$
124.7

 
$
0.1

 
$
(0.1
)
 
$
124.7

Certificates of deposit
31.8

 

 

 
31.8

Commercial paper
10.0

 

 

 
10.0

Corporate debt securities
508.2

 
1.0

 
(0.5
)
 
508.7

Government-sponsored enterprise obligations
430.8

 
0.3

 
(0.1
)
 
431.0

Money market funds
1,316.2

 

 

 
1,316.2

U.S. government securities
301.1

 

 
(0.1
)
 
301.0

Total fixed income securities
2,722.8

 
1.4

 
(0.8
)
 
2,723.4

Total available-for-sale securities
2,722.8

 
1.4

 
(0.8
)
 
2,723.4

Trading securities(*)
9.3

 

 

 
9.3

Total
$
2,732.1

 
$
1.4

 
$
(0.8
)
 
$
2,732.7

 
 
 
 
 
 
 
 
Reported as:
 
 
 
 
 
 
 
Cash equivalents
$
1,350.7

 
$

 
$

 
$
1,350.7

Short-term investments
640.9

 
0.4

 

 
641.3

Long-term investments
740.5

 
1.0

 
(0.8
)
 
740.7

Total
$
2,732.1

 
$
1.4

 
$
(0.8
)
 
$
2,732.7


 
________________________________
(*) 
Balance includes the Company's non-qualified deferred compensation plan assets. For additional information, see Note 11, Employee Benefit Plans, under the section Deferred Compensation Plan.
The following table presents the maturities of the Company's available-for-sale and trading securities, as of June 30, 2012 (in millions):
 
Amortized
Cost
 
Gross Unrealized
Gains
 
Gross Unrealized
Losses
 
Estimated Fair
Value
Due within one year
$
2,021.6

 
$
0.3

 
$

 
$
2,021.9

Due between one and five years
831.7

 
1.7

 
(0.3
)
 
833.1

No contractual maturity
14.5

 

 
(0.2
)
 
14.3

Total
$
2,867.8

 
$
2.0

 
$
(0.5
)
 
$
2,869.3

The following tables present the Company's available-for-sale investments that were in an unrealized loss position as of June 30, 2012 and December 31, 2011 (in millions):
 
Less than 12 Months
 
12 Months or Greater
 
Total
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
As of June 30, 2012
 
 
 
 
 
 
 
 
 
 
 
Corporate debt securities
$
145.6

 
$
(0.2
)
 
$

 
$

 
$
145.6

 
$
(0.2
)
U.S. government securities
194.1

 
(0.1
)
 

 

 
194.1

 
(0.1
)
Government-sponsored enterprise obligations (*)
31.0

 

 

 

 
31.0

 

Asset-backed securities (*)
35.9

 

 
0.9

 

 
36.8

 

Publicly-traded equity securities
2.8

 
(0.2
)
 

 

 
2.8

 
(0.2
)
Total
$
409.4

 
$
(0.5
)
 
$
0.9

 
$

 
$
410.3

 
$
(0.5
)
________________________________
(*) Balance includes investments that were in an immaterial unrealized loss position as of June 30, 2012.
 
Less than 12 Months 
 
12 Months or Greater 
 
Total 
 
Fair
Value 
 
Unrealized
Loss 
 
Fair
Value 
 
Unrealized
Loss 
 
Fair
Value 
 
Unrealized
Loss 
As of December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
Corporate debt securities
$
189.9

 
$
(0.5
)
 
$

 
$

 
$
189.9

 
$
(0.5
)
U.S. government securities
186.7

 
(0.1
)
 

 

 
186.7

 
(0.1
)
Government-sponsored enterprise obligations
146.0

 
(0.1
)
 

 

 
146.0

 
(0.1
)
Asset-backed securities (*)
76.8

 
(0.1
)
 
0.3

 

 
77.1

 
(0.1
)
Total
$
599.4

 
$
(0.8
)
 
$
0.3

 
$

 
$
599.7

 
$
(0.8
)
 ________________________________
(*) Balance includes investments that were in an immaterial unrealized loss position as of December 31, 2011.
The following table summarizes the Company's cash and investments that are classified as restricted cash and investments in the Condensed Consolidated Balance Sheets and designated as available-for-sale securities (in millions):
 
As of
 
June 30,
2012
 
December 31,
2011
Restricted cash:
 
 
 
Demand deposits
$
0.7

 
$
0.6

Total restricted cash
0.7

 
0.6

Restricted investments:
 
 
 
Corporate debt securities
1.6

 
1.6

Mutual funds
0.9

 
1.0

Money market funds
78.8

 
75.1

Total restricted investments
81.3

 
77.7

Total restricted cash and investments
$
82.0

 
$
78.3

Fair Value Measurements (Tables)
The following tables provide a summary of assets and liabilities measured at fair value on a recurring basis and as reported in the Condensed Consolidated Balance Sheets (in millions):
 
Fair Value Measurements at June 30, 2012 Using:
 
 
 
Quoted Prices in
Active Markets For
Identical Assets
 
Significant Other
Observable
Remaining Inputs
 
Significant Other
Unobservable
Remaining Inputs
 
 
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Total
Assets measured at fair value:
 
 
 
 
 
 
 
Available-for-sale debt securities:
 
 
 
 
 
 
 
Asset-backed securities
$

 
$
156.8

 
$

 
$
156.8

Certificate of deposit

 
27.1

 

 
27.1

Corporate debt securities (1)

 
535.6

 

 
535.6

Foreign government debt securities

 
10.0

 

 
10.0

Government-sponsored enterprise obligations
262.6

 

 

 
262.6

Money market funds (2)
1,524.1

 

 

 
1,524.1

Mutual funds (3)
0.9

 

 

 
0.9

U.S. government securities
206.3

 
213.0

 

 
419.3

Total available-for-sale debt securities
1,993.9

 
942.5

 

 
2,936.4

Available-for-sale equity securities:
 
 
 
 
 
 
 
Publicly-traded equity securities
2.8

 

 

 
2.8

Total available-for-sale securities
1,996.7

 
942.5

 

 
2,939.2

Trading securities:
 
 
 
 
 
 
 
Mutual funds (4)
11.4

 

 

 
11.4

Derivative assets:
 
 
 
 
 
 
 
Foreign exchange contracts

 
0.4

 

 
0.4

Total assets measured at fair value
$
2,008.1

 
$
942.9

 
$

 
$
2,951.0

 
 
 
 
 
 
 
 
Liabilities measured at fair value:
 
 
 
 
 
 
 
Derivative liabilities:
 
 
 
 
 
 
 
Foreign exchange contracts
$

 
$
4.0

 
$

 
$
4.0

Total liabilities measured at fair value
$

 
$
4.0

 
$

 
$
4.0

________________________________
(1) 
Balance includes $1.6 million of restricted investments measured at fair market value, related to the Company's India Gratuity Trust.
(2) 
Balance includes $78.8 million of restricted investments measured at fair market value, related to the Company's D&O trust and acquisitions related escrows.
(3) 
Balance relates to the restricted investments measured at fair market value of the Company's India Gratuity Trust.
(4) 
Balance relates to investments measured at fair value related to the Company's non-qualified deferred compensation plan assets.
 
Fair Value Measurements at December 31, 2011 Using:
 
 
 
Quoted Prices in
Active Markets For
Identical Assets
 
Significant Other
Observable
Remaining Inputs
 
Significant Other
Unobservable
Remaining Inputs
 
 
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Total
Assets measured at fair value:
 
 
 
 
 
 
 
Available-for-sale debt securities:
 
 
 
 
 
 
 
Asset-backed securities
$

 
$
124.7

 
$

 
$
124.7

Certificate of deposit

 
31.8

 

 
31.8

Commercial paper

 
10.0

 

 
10.0

Corporate debt securities (1)

 
510.3

 

 
510.3

Government-sponsored enterprise obligations
314.2

 
116.8

 

 
431.0

Money market funds (2)
1,391.3

 

 

 
1,391.3

U.S. government securities
149.3

 
151.7

 

 
301.0

Total available-for-sale debt securities
1,854.8

 
945.3

 

 
2,800.1

Trading securities:
 
 
 
 
 
 
 
Mutual funds (3)
10.3

 

 

 
10.3

Derivative assets:
 
 
 
 
 
 
 
Foreign exchange contracts

 
0.4

 

 
0.4

Total assets measured at fair value
$
1,865.1

 
$
945.7

 
$

 
$
2,810.8

 
 
 
 
 
 
 
 
Liabilities measured at fair value:
 
 
 
 
 
 
 
Derivative liabilities:
 
 
 
 
 
 
 
Foreign exchange contracts
$

 
$
9.6

 
$

 
$
9.6

Total liabilities measured at fair value
$

 
$
9.6

 
$

 
$
9.6

________________________________
(1) 
Balance includes $1.6 million of restricted investments measured at fair market value, related to the Company's India Gratuity Trust.
(2) 
Balance includes $75.1 million of restricted investments measured at fair market value, related to the Company's D&O trust and acquisition related escrows.
(3) 
Balance includes $9.3 million of the Company's non-qualified deferred compensation plan assets and $1.0 million of restricted investments measured at fair market value, related to the Company's India Gratuity Trust.
 
Fair Value Measurements at December 31, 2011 Using:
 
 
 
Quoted Prices in
Active Markets For
Identical Assets
 
Significant Other
Observable
Remaining Inputs
 
Significant Other
Unobservable
Remaining Inputs
 
 
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Total
Total assets measured at fair value, reported as:
 
 
 
 
 
 
 
Cash equivalents
$
1,316.2

 
$
34.5

 
$

 
$
1,350.7

Short-term investments
168.9

 
472.4

 

 
641.3

Long-term investments
303.9

 
436.8

 

 
740.7

Restricted investments
76.1

 
1.6

 

 
77.7

Prepaid expenses and other current assets

 
0.4

 

 
0.4

Total assets measured at fair value
$
1,865.1

 
$
945.7

 
$

 
$
2,810.8

 
 
 
 
 
 
 
 
Total liabilities measured at fair value, reported as:
 
 
 
 
 
 
 
Other accrued liabilities
$

 
$
9.6

 
$

 
$
9.6

Total liabilities measured at fair value
$

 
$
9.6

 
$

 
$
9.6

 
Fair Value Measurements at June 30, 2012 Using:
 
 
 
Quoted Prices in
Active Markets For
Identical Assets
 
Significant Other
Observable
Remaining Inputs
 
Significant Other
Unobservable
Remaining Inputs
 
 
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Total
Total assets measured at fair value, reported as:
 
 
 
 
 
 
 
Cash equivalents
$
1,445.3

 
$
196.5

 
$

 
$
1,641.8

Short-term investments
191.6

 
202.9

 

 
394.5

Long-term investments
291.5

 
541.5

 

 
833.0

Restricted investments
79.7

 
1.6

 

 
81.3

Prepaid expenses and other current assets

 
0.4

 

 
0.4

Total assets measured at fair value
$
2,008.1

 
$
942.9

 
$

 
$
2,951.0

 
 
 
 
 
 
 
 
Total liabilities measured at fair value, reported as:
 
 
 
 
 
 
 
Other accrued liabilities
$

 
$
4.0

 
$

 
$
4.0

Total liabilities measured at fair value
$

 
$
4.0

 
$

 
$
4.0



Derivative Instruments (Tables)
Schedule of Derivative Instruments [Table Text Block]
The notional amount of Company's foreign currency derivatives are summarized as follows (in millions):
 
As of
 
June 30,
2012
 
December 31,
2011
Cash flow hedges
$
128.8

 
$
184.3

Non-designated hedges
105.0

 
122.7

     Total
$
233.8

 
$
307.0

Goodwill and Purchased Intangible Assets (Tables)
The Company’s purchased intangible assets were as follows (in millions):
 
Gross
 
Accumulated
Amortization
 
Net
As of June 30, 2012
 
 
 
 
 
Intangible assets with finite lives:
 
 
 
 
 
Technologies and patents
$
531.2

 
$
(418.2
)
 
$
113.0

Other
92.5

 
(68.5
)
 
24.0

Total intangible assets with finite lives
623.7

 
(486.7
)
 
137.0

IPR&D with indefinite lives
6.8

 

 
6.8

Total purchased intangible assets
$
630.5

 
$
(486.7
)
 
$
143.8

 
 
 
 
 
 
As of December 31, 2011
 
 
 
 
 
Intangible assets with finite lives:
 
 
 
 
 
Technologies and patents
$
499.5

 
$
(404.2
)
 
$
95.3

Other
91.5

 
(66.5
)
 
25.0

Total intangible assets with finite lives
591.0

 
(470.7
)
 
120.3

IPR&D with indefinite lives
2.8

 

 
2.8

Total purchased intangible assets
$
593.8

 
$
(470.7
)
 
$
123.1

The following table presents the goodwill activity allocated to the Company's reportable segments during the six months ended June 30, 2012 (in millions):
 
PSD
 
SSD
 
Total
Balance as of January 1, 2012
$
1,795.6

 
$
2,132.5

 
$
3,928.1

Additions due to business combinations

 
59.6

 
59.6

Balance as of June 30, 2012
$
1,795.6

 
$
2,192.1

 
$
3,987.7

As of June 30, 2012, the estimated future amortization expense of purchased intangible assets with finite lives is as follows (in millions):
Years Ending December 31,
Amount
Remainder of 2012
$
17.5

2013
34.7

2014
32.8

2015
24.8

2016
11.1

Thereafter
16.1

Total
$
137.0

Other Financial Information (Tables)
Inventories, net are reported within prepaid expenses and other current assets on the Condensed Consolidated Balance Sheets and consisted of the following (in millions):
 
As of
 
June 30, 2012
 
December 31, 2011
Inventories, net
 
 
 
Production materials
$
87.3

 
$
52.4

Finished goods
17.5

 
16.7

Total inventories, net
$
104.8

 
$
69.1

Changes in the Company’s warranty reserve were as follows (in millions):
 
June 30, 2012
Beginning balance
$
28.3

Provisions made during the period, net
16.8

Change in estimate

Actual costs incurred during the period
(15.3
)
Ending balance
$
29.8

Details of the Company's deferred revenue, as reported on the Condensed Consolidated Balance Sheets, were as follows (in millions):
 
As of
 
June 30,
2012
 
December 31,
2011
Deferred product revenue:
 
 
 
Undelivered product commitments and other product deferrals
$
281.6

 
$
288.1

Distributor inventory and other sell-through items
112.6

 
134.0

Deferred gross product revenue
394.2

 
422.1

Deferred cost of product revenue
(102.7
)
 
(136.9
)
Deferred product revenue, net
291.5

 
285.2

Deferred service revenue
701.4

 
681.8

Total
$
992.9

 
$
967.0

Reported as:
 
 
 
Current
$
773.3

 
$
712.6

Long-term
219.6

 
254.4

Total
$
992.9

 
$
967.0

The following table provides a summary of changes in the Company’s restructuring liability during the six months ended June 30, 2012 (in millions):
 
December 31,
2011
 
Charges
 
Cash
payments
 
Non-cash
Settlements and
Other
Adjustments
 
June 30,
2012
Facilities
$
1.0

 
$
1.7

 
$
(0.4
)
 
$

 
$
2.3

Severance, contractual
   commitments, and other charges
3.1

 
3.5

 
(4.8
)
 
0.9

 
2.7

Total
$
4.1

 
$
5.2

 
$
(5.2
)
 
$
0.9

 
$
5.0

Other income (expense), net consisted of the following (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Interest income
$
2.9

 
$
2.6

 
$
5.7

 
$
5.0

Interest expense
(13.5
)
 
(15.2
)
 
(27.7
)
 
(21.6
)
Other
13.4

 
(1.1
)
 
0.4

 
(3.5
)
Other income (expense), net
$
2.8

 
$
(13.7
)
 
$
(21.6
)
 
$
(20.1
)
Long-Term Debt and Financing (Tables)
Long-term Debt [Table Text Block]
The following table summarizes the Company's long-term debt (in millions, except percentages):
 
As of June 30, 2012
 
Amount
 
Effective Interest
Rates
Senior notes:
 
 
 
3.10% fixed-rate notes, due 2016 ("2016 Notes")
$
300.0

 
3.12
%
4.60% fixed-rate notes, due 2021 ("2021 Notes")
300.0

 
4.63
%
5.95% fixed-rate notes, due 2041 ("2041 Notes")
400.0

 
6.01
%
Total senior notes
1,000.0

 
 
Unaccreted discount
(0.9
)
 
 
Total
$
999.1

 
 

Equity (Tables)
Comprehensive Income (Loss) Note [Table Text Block]
The activity for each component of comprehensive income attributable to Juniper Networks, net of related taxes, was as follows (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Consolidated net income
$
57.7

 
$
115.5

 
$
74.0

 
$
245.2

Other comprehensive income:
 
 
 
 
 
 
 
Change in unrealized (loss) gain on
   investments
(3.1
)
 
(1.5
)
 
9.2

 
2.9

Change in foreign currency translation
   adjustment
(4.5
)
 
2.6

 
0.1

 
9.2

Total other comprehensive (loss) income
(7.6
)
 
1.1

 
9.3

 
12.1

Consolidated comprehensive income
50.1

 
116.6

 
83.3

 
257.3

Adjust for comprehensive loss attributable to
  noncontrolling interest

 
0.1

 

 
0.1

Comprehensive income attributable to
   Juniper Networks
$
50.1

 
$
116.7

 
$
83.2

 
$
257.4

Employee Benefit Plans (Tables)
The following table summarizes the Company’s stock option activity and related information as of and for the six months ended June 30, 2012 (in millions, except for per share amounts and years):
 
Outstanding Options
 
Number of Shares
 
Weighted Average
Exercise Price
per Share
 
Weighted Average
Remaining
Contractual Term
(In Years)
 
Aggregate
Intrinsic
Value
Balance at January 1, 2012
38.6

 
$
23.98

 
 
 
 
Options granted (*)
3.0

 
22.93

 
 
 
 
Options canceled
(0.6
)
 
28.63

 
 
 
 
Options exercised
(2.5
)
 
10.32

 
 
 
 
Options expired
(0.6
)
 
27.58

 
 
 
 
Balance at June 30, 2012
37.9

 
$
24.64

 
3.6
 
$
13.3

 
 
 
 
 
 
 
 
As of June 30, 2012:
 
 
 
 
 
 
 
Vested or expected-to-vest options
36.2

 
$
24.46

 
3.5
 
$
13.2

Exercisable options
26.9

 
$
23.41

 
2.9
 
$
11.2


________________________________
(*)    There were no options granted during the three months ended June 30, 2012.

The following table summarizes the Company’s RSU and PSA activity and related information as of and for the six months ended June 30, 2012 (in millions, except per share amounts and years):
 
Outstanding RSUs and PSAs
 
Number of Shares
 
Weighted Average
Grant-Date Fair
Value per Share
 
Weighted Average
Remaining
Contractual Term
(In Years)
 
Aggregate
Intrinsic
Value
Balance at January 1, 2012
19.6

 
$
30.27

 
 
 
 
RSUs granted
7.3

 
21.70

 
 
 
 
RSUs assumed
0.2

 
22.47

 
 
 
 
PSAs granted (*)
2.2

 
23.22

 
 
 
 
RSUs vested
(1.9
)
 
27.88

 
 
 
 
PSAs vested
(1.5
)
 
15.79

 
 
 
 
RSUs canceled
(0.9
)
 
29.37

 
 
 
 
PSAs canceled
(0.4
)
 
32.45

 
 
 
 
Balance at June 30, 2012
24.6

 
$
27.87

 
1.5
 
$
424.8

 
 
 
 
 
 
 
 
As of June 30, 2012:
 
 
 
 
 
 
 
Vested and expected-to-vest RSUs and PSAs
20.2

 
$
28.18

 
1.5
 
$
357.2

________________________________
(*) 
The number of shares subject to PSAs granted represents the aggregate maximum number of shares that may be issued pursuant to the award over its full term. The aggregate number of shares subject to these PSAs that would be issued if performance goals determined by the Compensation Committee are achieved at target is 0.9 million shares. Depending on achievement of such performance goals, the range of shares that could be issued under these awards is 0 to 2.2 million shares.
The following table presents the stock grant activity and the total number of shares available for grant under the 2006 Plan as of June 30, 2012 (in millions):
 
Number of Shares
Balance at January 1, 2012
41.1

Additional shares authorized for issuance
25.0

RSUs and PSAs granted (1)
(19.9
)
Options granted
(3.0
)
RSUs and PSAs canceled (1)
2.8

Options canceled (2)
0.6

Options expired (2)
0.6

Balance at June 30, 2012
47.2

________________________________
(1) 
RSUs and PSAs with a per share or unit purchase price lower than 100% of the fair market value of the Company's common stock on the day of the grant under the 2006 Plan are counted against shares authorized under the plan as two and one-tenth shares of common stock for each share subject to such award. The number of shares subject to PSAs granted represents the maximum number of shares that may be issued pursuant to the award over its full term.
(2) 
Includes canceled or expired options under the 1996 Plan and the 2000 Plan that expired unexercised after May 18, 2006, which become available for grant under the 2006 Plan according to its terms.
The weighted average assumptions used and the resulting estimates of fair value for stock options and the employee stock purchase plan were:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Stock Options:
 
 
 
 
 
 
 
Volatility
 
41%
 
46%
 
41%
Risk-free interest rate
 
1.4%
 
0.8%
 
1.7%
Expected life (years)
 
4.1
 
4.2
 
4.1
Dividend yield
 
 
 
Weighted-average fair value per share
 
$12.40
 
$8.51
 
$14.29
 
 
 
 
 
 
 
 
Employee Stock Purchase Plan:
 
 
 
 
 
 
 
Volatility
51%
 
33%
 
51%
 
33%
Risk-free interest rate
0.1%
 
1.8%
 
0.1%
 
1.8%
Expected life (years)
0.5
 
0.5
 
0.5
 
0.5
Dividend yield
 
 
 
Weighted-average fair value per share
$6.38
 
$9.07
 
$6.38
 
$9.07
The Company’s share-based compensation expense associated with stock options, employee stock purchases, RSUs, and PSAs was recorded in the following cost and expense categories (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Cost of revenues - Product
$
1.2

 
$
1.2

 
$
2.3

 
$
2.2

Cost of revenues - Service
4.2

 
4.4

 
9.4

 
8.4

Research and development
28.5

 
26.6

 
54.3

 
48.9

Sales and marketing
21.0

 
19.2

 
42.9

 
32.4

General and administrative
7.0

 
8.7

 
18.0

 
17.3

Total
$
61.9

 
$
60.1

 
$
126.9

 
$
109.2

The following table summarizes share-based compensation expense by award type (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Stock options
$
15.1

 
$
19.9

 
$
32.8

 
$
39.6

RSUs and PSAs
41.0

 
34.5

 
82.6

 
58.0

Assumed RSUs
0.4

 

 
0.6

 

Employee stock purchase plan
5.4

 
4.2

 
10.9

 
8.6

Other acquisition-related compensation

 
1.5

 

 
3.0

Total
$
61.9

 
$
60.1

 
$
126.9

 
$
109.2

Segments (Tables)
The following table summarizes financial information for each segment used by the CODM (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Net revenues:
 
 
 
 
 
 
 
PSD
$
871.5

 
$
916.9

 
$
1,695.7

 
$
1,815.5

SSD
202.3

 
203.6

 
410.6

 
406.7

Total net revenues
1,073.8

 
1,120.5

 
2,106.3

 
2,222.2

 
 
 
 
 
 
 
 
Segment contribution margin:
 
 
 
 
 
 
 
PSD
351.1

 
415.5

 
655.8

 
832.6

SSD
74.5

 
74.6

 
156.4

 
155.7

Total segment contribution margin
425.6

 
490.1

 
812.2

 
988.3

 
 
 
 
 
 
 
 
Corporate unallocated expenses (1)
(264.6
)
 
(247.9
)
 
(527.7
)
 
(500.3
)
Amortization of purchased intangible assets (2)
(8.8
)
 
(6.8
)
 
(16.1
)
 
(13.5
)
Share-based compensation expense
(61.9
)
 
(60.1
)
 
(126.9
)
 
(109.2
)
Share-based payroll tax expense
(0.6
)
 
(1.1
)
 
(1.0
)
 
(9.0
)
Restructuring
(3.2
)
 
0.9

 
(5.2
)
 
1.3

Acquisition-related (3)
0.2

 
(4.2
)
 
(0.9
)
 
(9.3
)
Total operating income
86.7

 
170.9

 
134.4

 
348.3

Other income (expense), net
2.8

 
(13.7
)
 
(21.6
)
 
(20.1
)
Income before income taxes and
  noncontrolling interest
$
89.5

 
$
157.2

 
$
112.8

 
$
328.2

________________________________
(1) 
Amount includes unallocated costs for global functions such as sales, marketing, and G&A.
(2) 
Amount includes amortization expense of purchased intangible assets in operating expenses and in cost of revenues.
(3) 
Amount includes acquisition-related costs in operating expenses and in cost of revenues.
The Company attributes revenues to geographic region based on the customer’s ship-to location. The following table shows net revenues by geographic region (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Americas:
 
 
 
 
 
 
 
United States
$
537.6

 
$
523.9

 
$
1,006.0

 
$
1,049.9

Other
49.7

 
54.8

 
112.6

 
110.4

Total Americas
587.3

 
578.7

 
1,118.6

 
1,160.3

Europe, Middle East, and Africa
299.3

 
329.0

 
606.4

 
629.0

Asia Pacific
187.2

 
212.8

 
381.3

 
432.9

Total
$
1,073.8

 
$
1,120.5

 
$
2,106.3

 
$
2,222.2

Net Income per Share (Tables)
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]
The Company computed basic and diluted net income per share attributable to Juniper Networks common stockholders as follows (in millions, except per share amounts):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2012
 
2011
 
2012
 
2011
Numerator:
 
 
 
 
 
 
 
Net income attributable to Juniper Networks
$
57.7

 
$
115.6

 
$
74.0

 
$
245.3

Denominator:
 
 
 
 
 
 
 
Weighted-average shares used to compute
   basic net income per share
527.8

 
532.9

 
528.0

 
531.8

Dilutive effect of employee stock awards
4.0

 
13.6

 
5.8

 
15.9

Weighted-average shares used to compute
   diluted net income per share
531.8

 
546.5

 
533.8

 
547.7

Net income per share attributable to Juniper
    Networks common stockholders:
 
 
 
 
 
 
 
Basic
$
0.11

 
$
0.22

 
$
0.14

 
$
0.46

Diluted
$
0.11

 
$
0.21

 
$
0.14

 
$
0.45

Commitments and Contingencies (Tables)
Summary of principal contractual obligations [Table Text Block]
The following table summarizes the Company’s future principal contractual obligations as of June 30, 2012 (in millions):
 
Total
 
Remainder
of 2012
 
2013
 
2014
 
2015
 
2016
 
Thereafter
 
Other
Operating leases
$
286.7

 
$
30.3

 
$
50.0

 
$
43.6

 
$
35.4

 
$
26.9

 
$
100.5

 
$

Purchase commitments
122.0

 
122.0

 

 

 

 

 

 

Tax liabilities
108.2

 

 

 

 

 

 

 
108.2

Long-term debt
1,000.0

 

 

 

 

 
300.0

 
700.0

 

Interest payment on
  long-term debt
849.7

 
23.5

 
46.9

 
46.9

 
46.9

 
41.9

 
643.6

 

Other contractual obligations
101.8

 
89.7

 
6.3

 
3.4

 
2.4

 

 

 

Total
$
2,468.4

 
$
265.5

 
$
103.2

 
$
93.9

 
$
84.7

 
$
368.8

 
$
1,444.1

 
$
108.2

Basis of Presentation (Details)
Jun. 30, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
 
Company's interest in the joint venture - NSN
60.00% 
Business Combination, Purchase Price Allocation (Details) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Mar. 8, 2012
Business Acquisition Acquired Entity BitGravity [Member]
Business Acquisitions - 2012 [Member]
Feb. 13, 2012
Business Acquisition Acquired Entity Mykonos [Member]
Business Acquisitions - 2012 [Member]
Business Acquisition [Line Items]
 
 
 
Net tangible assets acquired
$ (0.7)
$ 0.1 
$ (0.8)
Acquired Finite and Indefinite Lived intangible Assets, Amount
36.7 
12.4 
24.3 
Goodwill
59.6 
0.5 
59.1 
Business Acquisition, Cost of Acquired Entity, Purchase Price
$ 95.6 
$ 13.0 
$ 82.6 
Business Combination, Intangible Assets Acquired (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 3 Months Ended 3 Months Ended
Mar. 31, 2012
Feb. 13, 2012
Business Acquisition Acquired Entity Mykonos [Member]
Business Acquisitions - 2012 [Member]
Mar. 31, 2012
Business Acquisition Acquired Entity Mykonos [Member]
Business Acquisitions - 2012 [Member]
Existing or Core Technology [Member]
Feb. 13, 2012
Business Acquisition Acquired Entity Mykonos [Member]
Business Acquisitions - 2012 [Member]
Existing or Core Technology [Member]
Mar. 31, 2012
Business Acquisition Acquired Entity Mykonos [Member]
Business Acquisitions - 2012 [Member]
Trade Name and Trademarks [Member]
Feb. 13, 2012
Business Acquisition Acquired Entity Mykonos [Member]
Business Acquisitions - 2012 [Member]
Trade Name and Trademarks [Member]
Feb. 13, 2012
Business Acquisition Acquired Entity Mykonos [Member]
Business Acquisitions - 2012 [Member]
In Process Research And Development [Member]
Mar. 8, 2012
Business Acquisition Acquired Entity BitGravity [Member]
Business Acquisitions - 2012 [Member]
Mar. 31, 2012
Business Acquisition Acquired Entity BitGravity [Member]
Business Acquisitions - 2012 [Member]
Existing or Core Technology [Member]
Mar. 8, 2012
Business Acquisition Acquired Entity BitGravity [Member]
Business Acquisitions - 2012 [Member]
Existing or Core Technology [Member]
Mar. 8, 2012
Business Acquisition Acquired Entity BitGravity [Member]
Business Acquisitions - 2012 [Member]
Trade Name and Trademarks [Member]
Mar. 8, 2012
Business Acquisition Acquired Entity BitGravity [Member]
Business Acquisitions - 2012 [Member]
In Process Research And Development [Member]
Business Acquisition [Line Items]
 
 
 
 
 
 
 
 
 
 
 
 
Acquired finite-lived intangible asset, estimated useful life (in years)
 
 
6 years 
 
7 years 
 
 
 
3 years 
 
 
 
Acquired finite-lived intangible assets, amount
 
 
 
$ 19.3 
 
$ 1.0 
 
 
 
$ 12.4 
$ 0 
 
Acquired Indefinite-lived Intangible Asset, Amount
 
 
 
 
 
 
4.0 
 
 
 
 
Acquired Finite and Indefinite Lived intangible Assets, Amount
$ 36.7 
$ 24.3 
 
 
 
 
 
$ 12.4 
 
 
 
 
Business Combination, Textuals (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Mar. 31, 2012
Feb. 13, 2012
Business Acquisition Acquired Entity Mykonos [Member]
Business Acquisitions - 2012 [Member]
Mar. 8, 2012
Business Acquisition Acquired Entity BitGravity [Member]
Business Acquisitions - 2012 [Member]
Business Acquisition [Line Items]
 
 
 
 
 
 
 
Pro Forma results of operations not presented, impact to results of operations not material
 
 
not material 
 
 
 
 
Business Acquisition, Cost of Acquired Entity, Purchase Price
 
 
 
 
$ 95.6 
$ 82.6 
$ 13.0 
Business Acquisition, Purchase Price Allocation, Net Tangible Assets
 
 
 
 
(0.7)
(0.8)
0.1 
Business Acquisition, Purchase Price Allocation, Goodwill Amount
 
 
 
 
59.6 
59.1 
0.5 
Business Combination, Acquisition Related Costs
(0.2)
4.2 
0.9 
9.3 
 
 
 
Goodwill deductible for income tax purposes
$ 0 
 
$ 0 
 
 
 
 
Cash, Cash Equivalents and Investments (Details) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2011
Dec. 31, 2010
Cash and cash equivalents
$ 3,044,310 
$ 2,910,420 
$ 2,838,066 
$ 1,811,887 
Cash, Cash Equivalents and Investments - Available for Sale Securities (Details) (USD $)
In Millions, unless otherwise specified
6 Months Ended 12 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Schedule of Available For Sale Investments And Publicly Traded Securities [Line Items]
 
 
Amount Of Restricted Investments Measured At Fair Value Included In Balance Of Corporate Debt Securities
$ 1.6 
$ 1.6 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
2,856.4 
2,722.8 
Available-for-sale securities, gross unrealized gains
2.0 
1.4 
Available-for-sale securities, gross unrealized losses
(0.5)
(0.8)
Available-for-sale securities, estimated fair value
2,857.9 
2,723.4 
Trading securities:
 
 
Trading securities, amortized cost
11.4 1
9.3 1
Trading securities, gross unrealized gains
1
1
Trading securities, gross unrealized losses
1
1
Trading securities, estimated fair value
11.4 1
9.3 1
Available-for-sale and Trading Investments [Abstract]
 
 
Total investments, amortized cost
2,867.8 
2,732.1 
Total investments, gross unrealized gains
2.0 
1.4 
Total investments, gross unrealized losses
(0.5)
(0.8)
Total investments, estimated fair value
2,869.3 
2,732.7 
Cash Equivalents [Member]
 
 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
1,641.8 
1,350.7 
Available-for-sale securities, gross unrealized gains
Available-for-sale securities, gross unrealized losses
Available-for-sale securities, estimated fair value
1,641.8 
1,350.7 
Short-term investments [Member]
 
 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
394.4 
640.9 
Available-for-sale securities, gross unrealized gains
0.3 
0.4 
Available-for-sale securities, gross unrealized losses
(0.2)
Available-for-sale securities, estimated fair value
394.5 
641.3 
Long-term investments [Member]
 
 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
831.6 
740.5 
Available-for-sale securities, gross unrealized gains
1.7 
1.0 
Available-for-sale securities, gross unrealized losses
(0.3)
(0.8)
Available-for-sale securities, estimated fair value
833.0 
740.7 
Debt Securities [Member]
 
 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
2,853.4 
2,722.8 
Available-for-sale securities, gross unrealized gains
2.0 
1.4 
Available-for-sale securities, gross unrealized losses
(0.3)
(0.8)
Available-for-sale securities, estimated fair value
2,855.1 
2,723.4 
Asset-backed Securities [Member]
 
 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
156.6 
124.7 
Available-for-sale securities, gross unrealized gains
0.2 
0.1 
Available-for-sale securities, gross unrealized losses
(0.1)
Available-for-sale securities, estimated fair value
156.8 
124.7 
Certificates of Deposit [Member]
 
 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
27.1 
31.8 
Available-for-sale securities, gross unrealized gains
Available-for-sale securities, gross unrealized losses
Available-for-sale securities, estimated fair value
27.1 
31.8 
Commercial Paper [Member]
 
 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
 
10.0 
Available-for-sale securities, gross unrealized gains
 
Available-for-sale securities, gross unrealized losses
 
Available-for-sale securities, estimated fair value
 
10.0 
Corporate Debt Securities [Member]
 
 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
532.7 
508.2 
Available-for-sale securities, gross unrealized gains
1.5 
1.0 
Available-for-sale securities, gross unrealized losses
(0.2)
(0.5)
Available-for-sale securities, estimated fair value
534.0 
508.7 
Foreign Government Debt Securities [Member]
 
 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
10.0 
 
Available-for-sale securities, gross unrealized gains
 
Available-for-sale securities, gross unrealized losses
 
Available-for-sale securities, estimated fair value
10.0 
 
Government-Sponsored Enterprise Obligations [Member]
 
 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
262.3 
430.8 
Available-for-sale securities, gross unrealized gains
0.3 
0.3 
Available-for-sale securities, gross unrealized losses
(0.1)
Available-for-sale securities, estimated fair value
262.6 
431.0 
Money Market Funds [Member]
 
 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
1,445.3 
1,316.2 
Available-for-sale securities, gross unrealized gains
Available-for-sale securities, gross unrealized losses
Available-for-sale securities, estimated fair value
1,445.3 
1,316.2 
US Government Debt Securities [Member]
 
 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
419.4 
301.1 
Available-for-sale securities, gross unrealized gains
Available-for-sale securities, gross unrealized losses
(0.1)
(0.1)
Available-for-sale securities, estimated fair value
419.3 
301.0 
Equity Securities [Member]
 
 
Available-for-sale securities:
 
 
Available-for-sale securities, amortized cost
3.0 
 
Available-for-sale securities, gross unrealized gains
 
Available-for-sale securities, gross unrealized losses
(0.2)
 
Available-for-sale securities, estimated fair value
$ 2.8 
 
Cash, Cash Equivalents, and Investments - Maturities of Available for Sale Investments (Details) (USD $)
In Millions, unless otherwise specified
6 Months Ended 12 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Available-for-sale and Trading Investments [Abstract]
 
 
Amortized cost due within one year
$ 2,021.6 
 
Gross unrealized gains due within one year
0.3 
 
Gross unrealized losses due within one year
 
Estimated fair value due within one year
2,021.9 
 
Amortized cost due between one and five years
831.7 
 
Gross unrealized gains due between one and five years
1.7 
 
Gross unrealized losses due between one and five years
(0.3)
 
Estimated fair value due between one and five year
833.1 
 
Estimated fair value, no contractual maturity
14.5 
 
Gross unrealized gains, no contractual maturity
 
Gross unrealized losses, no contractual maturity
(0.2)
 
Amortized cost, no contractual maturity
14.3 
 
Total investments, amortized cost
2,867.8 
2,732.1 
Total investments, gross unrealized gains
2.0 
1.4 
Total investments, gross unrealized losses
(0.5)
(0.8)
Total investments, estimated fair value
$ 2,869.3 
$ 2,732.7 
Cash, Cash Equivalents, and Investments - Unrealized Loss for Trading and Available for Sale Investments (Details) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Schedule of Available-for-sale Securities [Line Items]
 
 
Fair value, less than 12 months
$ 409.4 
$ 599.4 
Unrealized loss, less than 12 months
(0.5)
(0.8)
Fair value, 12 months or greater
0.9 
0.3 
Unrealized loss, 12 months or greater
Total fair value, Available-for-sale investments in continuous unrealized loss position
410.3 
599.7 
Total unrealized loss, Available-for-sale investments in continuous unrealized loss position
(0.5)
(0.8)
Corporate Debt Securities [Member]
 
 
Schedule of Available-for-sale Securities [Line Items]
 
 
Fair value, less than 12 months
145.6 
189.9 
Unrealized loss, less than 12 months
(0.2)
(0.5)
Fair value, 12 months or greater
Unrealized loss, 12 months or greater
Total fair value, Available-for-sale investments in continuous unrealized loss position
145.6 
189.9 
Total unrealized loss, Available-for-sale investments in continuous unrealized loss position
(0.2)
(0.5)
US Government Debt Securities [Member]
 
 
Schedule of Available-for-sale Securities [Line Items]
 
 
Fair value, less than 12 months
194.1 
186.7 
Unrealized loss, less than 12 months
(0.1)
(0.1)
Fair value, 12 months or greater
Unrealized loss, 12 months or greater
Total fair value, Available-for-sale investments in continuous unrealized loss position
194.1 
186.7 
Total unrealized loss, Available-for-sale investments in continuous unrealized loss position
(0.1)
(0.1)
Government-Sponsored Enterprise Obligations [Member]
 
 
Schedule of Available-for-sale Securities [Line Items]
 
 
Fair value, less than 12 months
31.0 1
146.0 
Unrealized loss, less than 12 months
1
(0.1)
Fair value, 12 months or greater
1
Unrealized loss, 12 months or greater
1
Total fair value, Available-for-sale investments in continuous unrealized loss position
31.0 1
146.0 
Total unrealized loss, Available-for-sale investments in continuous unrealized loss position
1
(0.1)
Asset-backed Securities [Member]
 
 
Schedule of Available-for-sale Securities [Line Items]
 
 
Fair value, less than 12 months
35.9 1
76.8 2
Unrealized loss, less than 12 months
1
(0.1)2
Fair value, 12 months or greater
0.9 1
0.3 2
Unrealized loss, 12 months or greater
1
2
Total fair value, Available-for-sale investments in continuous unrealized loss position
36.8 1
77.1 2
Total unrealized loss, Available-for-sale investments in continuous unrealized loss position
1
(0.1)2
Equity Securities [Member]
 
 
Schedule of Available-for-sale Securities [Line Items]
 
 
Fair value, less than 12 months
2.8 
 
Unrealized loss, less than 12 months
(0.2)
 
Fair value, 12 months or greater
 
Unrealized loss, 12 months or greater
 
Total fair value, Available-for-sale investments in continuous unrealized loss position
2.8 
 
Total unrealized loss, Available-for-sale investments in continuous unrealized loss position
$ (0.2)
 
Cash, Cash Equivalents, and Investments - Restricted Cash (Details) (USD $)
Jun. 30, 2012
Dec. 31, 2011
Restricted Cash and Investments [Abstract]
 
 
Restricted cash and investments
$ 82,002,000 
$ 78,307,000 
Restricted Cash [Member]
 
 
Restricted Cash and Investments [Abstract]
 
 
Restricted cash
700,000 
600,000 
Demand Deposits [Member]
 
 
Restricted Cash and Investments [Abstract]
 
 
Restricted cash
700,000 
600,000 
Restricted Investments [Member]
 
 
Restricted Cash and Investments [Abstract]
 
 
Restricted investments
81,300,000 
77,700,000 
Corporate Debt Securities [Member]
 
 
Restricted Cash and Investments [Abstract]
 
 
Restricted investments
1,600,000 
1,600,000 
Mutual Funds [Member]
 
 
Restricted Cash and Investments [Abstract]
 
 
Restricted investments
900,000 
1,000,000 
Money Market Funds [Member]
 
 
Restricted Cash and Investments [Abstract]
 
 
Restricted investments
$ 78,800,000 
$ 75,100,000 
Cash, Cash Equivalents, and Investments - Textuals (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Total investments In unrealized loss position
103 
 
103 
 
135 
Decrease in Restricted Cash
$ 0.5 
 
$ 79.5 
 
 
Privately-held and other equity investments
36.0 
 
36.0 
 
51.8 
Investment in privately-held companies
5.0 
2.9 
6.1 
8.9 
 
Cost-method Investments, Other than Temporary Impairment
14.0 
 
Cost-method Investments, Realized Gain (Loss)
14.8 
 
0.8 
 
 
Fair Value, Measurements, Nonrecurring [Member]
 
 
 
 
 
Privately-held and other equity investments
$ 0 
 
$ 0 
 
$ 0.4 
Fair Value Measurements (Details) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
 
 
 
Privately-held and other equity investments
$ 36.0 
$ 51.8 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
2,857.9 
2,723.4 
 
Fair Value Measurements (Textuals)
 
 
 
Amount Of Restricted Investments Measured At Fair Value Included In Balance Of Corporate Debt Securities
1.6 
1.6 
 
Amount of restricted investments measured at fair value included in the balance of Money Market Funds
78.8 
75.1 
 
Trading securities, estimated fair value
11.4 1
9.3 1
 
Amount of Restricted Investments Measured at Fair Value Included in Balance of Mutual Funds
 
1.0 
 
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount
 
Fair Value, Assets, Level 2 to Level 1 Transfers, Amount
 
Fair Value, Liabilities, Level 1 to Level 2 Transfers, Amount
 
Fair Value, Liabilities, Level 2 to Level 1 Transfers, Amount
 
Fair Value, Measurements, Nonrecurring [Member]
 
 
 
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
 
 
 
Privately-held and other equity investments
0.4 
 
Estimate of Fair Value, Fair Value Disclosure [Member]
 
 
 
Derivative assets:
 
 
 
Total assets measured at fair value
2,951.0 
2,810.8 
 
Liabilities measured at fair value:
 
 
 
Liabilities measured at fair value
4.0 
9.6 
 
Estimate of Fair Value, Fair Value Disclosure [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
2,939.2 
1,391.3 2
 
Derivative assets:
 
 
 
Derivative assets measured at fair value on a recurring basis
0.4 
0.4 
 
Total assets measured at fair value
2,951.0 
2,810.8 
 
Liabilities measured at fair value:
 
 
 
Derivative liability measured at fair value on a recurring basis
4.0 
9.6 
 
Liabilities measured at fair value
4.0 
9.6 
 
Fair Value, Inputs, Level 1 [Member]
 
 
 
Derivative assets:
 
 
 
Total assets measured at fair value
2,008.1 
1,865.1 
 
Liabilities measured at fair value:
 
 
 
Liabilities measured at fair value
 
Fair Value, Inputs, Level 1 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
1,996.7 
1,391.3 2
 
Derivative assets:
 
 
 
Derivative assets measured at fair value on a recurring basis
 
Total assets measured at fair value
2,008.1 
1,865.1 
 
Liabilities measured at fair value:
 
 
 
Derivative liability measured at fair value on a recurring basis
 
Liabilities measured at fair value
 
Fair Value, Inputs, Level 2 [Member]
 
 
 
Derivative assets:
 
 
 
Total assets measured at fair value
942.9 
945.7 
 
Liabilities measured at fair value:
 
 
 
Liabilities measured at fair value
4.0 
9.6 
 
Fair Value, Inputs, Level 2 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
942.5 
2
 
Derivative assets:
 
 
 
Derivative assets measured at fair value on a recurring basis
0.4 
0.4 
 
Total assets measured at fair value
942.9 
945.7 
 
Liabilities measured at fair value:
 
 
 
Derivative liability measured at fair value on a recurring basis
4.0 
9.6 
 
Liabilities measured at fair value
4.0 
9.6 
 
Fair Value, Inputs, Level 3 [Member]
 
 
 
Derivative assets:
 
 
 
Total assets measured at fair value
 
Liabilities measured at fair value:
 
 
 
Liabilities measured at fair value
 
Fair Value, Inputs, Level 3 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
2
 
Derivative assets:
 
 
 
Derivative assets measured at fair value on a recurring basis
 
Total assets measured at fair value
 
Liabilities measured at fair value:
 
 
 
Derivative liability measured at fair value on a recurring basis
 
Liabilities measured at fair value
 
Debt Securities [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
2,855.1 
2,723.4 
 
Debt Securities [Member] |
Estimate of Fair Value, Fair Value Disclosure [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
2,936.4 
2,800.1 
 
Debt Securities [Member] |
Fair Value, Inputs, Level 1 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
1,993.9 
1,854.8 
 
Debt Securities [Member] |
Fair Value, Inputs, Level 2 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
942.5 
945.3 
 
Debt Securities [Member] |
Fair Value, Inputs, Level 3 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
Asset-backed Securities [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
156.8 
124.7 
 
Asset-backed Securities [Member] |
Estimate of Fair Value, Fair Value Disclosure [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
156.8 
124.7 
 
Asset-backed Securities [Member] |
Fair Value, Inputs, Level 1 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
Asset-backed Securities [Member] |
Fair Value, Inputs, Level 2 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
156.8 
124.7 
 
Asset-backed Securities [Member] |
Fair Value, Inputs, Level 3 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
Certificates of Deposit [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
27.1 
31.8 
 
Certificates of Deposit [Member] |
Estimate of Fair Value, Fair Value Disclosure [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
27.1 
31.8 
 
Certificates of Deposit [Member] |
Fair Value, Inputs, Level 1 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
Certificates of Deposit [Member] |
Fair Value, Inputs, Level 2 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
27.1 
31.8 
 
Certificates of Deposit [Member] |
Fair Value, Inputs, Level 3 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
Commercial Paper [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
10.0 
 
Commercial Paper [Member] |
Estimate of Fair Value, Fair Value Disclosure [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
10.0 
 
Commercial Paper [Member] |
Fair Value, Inputs, Level 1 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
 
Commercial Paper [Member] |
Fair Value, Inputs, Level 2 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
10.0 
 
Commercial Paper [Member] |
Fair Value, Inputs, Level 3 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
 
Corporate Debt Securities [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
534.0 
508.7 
 
Corporate Debt Securities [Member] |
Estimate of Fair Value, Fair Value Disclosure [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
535.6 3
510.3 3
 
Corporate Debt Securities [Member] |
Fair Value, Inputs, Level 1 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
3
3
 
Corporate Debt Securities [Member] |
Fair Value, Inputs, Level 2 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
535.6 3
510.3 3
 
Corporate Debt Securities [Member] |
Fair Value, Inputs, Level 3 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
3
3
 
Foreign Government Debt Securities [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
10.0 
 
 
Foreign Government Debt Securities [Member] |
Estimate of Fair Value, Fair Value Disclosure [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
10.0 
 
 
Foreign Government Debt Securities [Member] |
Fair Value, Inputs, Level 1 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
 
Foreign Government Debt Securities [Member] |
Fair Value, Inputs, Level 2 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
10.0 
 
 
Foreign Government Debt Securities [Member] |
Fair Value, Inputs, Level 3 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
 
Government-Sponsored Enterprise Obligations [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
262.6 
431.0 
 
Government-Sponsored Enterprise Obligations [Member] |
Estimate of Fair Value, Fair Value Disclosure [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
262.6 
431.0 
 
Government-Sponsored Enterprise Obligations [Member] |
Fair Value, Inputs, Level 1 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
262.6 
314.2 
 
Government-Sponsored Enterprise Obligations [Member] |
Fair Value, Inputs, Level 2 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
116.8 
 
Government-Sponsored Enterprise Obligations [Member] |
Fair Value, Inputs, Level 3 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
Money Market Funds [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
1,445.3 
1,316.2 
 
Money Market Funds [Member] |
Estimate of Fair Value, Fair Value Disclosure [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
1,524.1 4
 
 
Money Market Funds [Member] |
Fair Value, Inputs, Level 1 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
1,524.1 4
 
 
Money Market Funds [Member] |
Fair Value, Inputs, Level 2 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
4
 
 
Money Market Funds [Member] |
Fair Value, Inputs, Level 3 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
4
 
 
Mutual Funds [Member] |
Estimate of Fair Value, Fair Value Disclosure [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
0.9 5
 
 
Trading securities:
 
 
 
Trading securities measured at fair value on a recurring basis
11.4 6
10.3 7
 
Mutual Funds [Member] |
Fair Value, Inputs, Level 1 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
0.9 5
 
 
Trading securities:
 
 
 
Trading securities measured at fair value on a recurring basis
11.4 6
10.3 7
 
Mutual Funds [Member] |
Fair Value, Inputs, Level 2 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
5
 
 
Trading securities:
 
 
 
Trading securities measured at fair value on a recurring basis
6
7
 
Mutual Funds [Member] |
Fair Value, Inputs, Level 3 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
5
 
 
Trading securities:
 
 
 
Trading securities measured at fair value on a recurring basis
6
7
 
US Government Securities [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
419.3 
301.0 
 
US Government Securities [Member] |
Estimate of Fair Value, Fair Value Disclosure [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
419.3 
301.0 
 
US Government Securities [Member] |
Fair Value, Inputs, Level 1 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
206.3 
149.3 
 
US Government Securities [Member] |
Fair Value, Inputs, Level 2 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
213.0 
151.7 
 
US Government Securities [Member] |
Fair Value, Inputs, Level 3 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
Equity Securities [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
2.8 
 
 
Equity Securities [Member] |
Estimate of Fair Value, Fair Value Disclosure [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
2.8 
 
 
Equity Securities [Member] |
Fair Value, Inputs, Level 1 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
2.8 
 
 
Equity Securities [Member] |
Fair Value, Inputs, Level 2 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
 
 
Equity Securities [Member] |
Fair Value, Inputs, Level 3 [Member] |
Fair Value, Measurements, Recurring [Member]
 
 
 
Available-for-sale securities:
 
 
 
Available-for-sale securities measured at fair value on a recurring basis
$ 0 
 
 
Fair Value Measurements by Balance Sheet Grouping (Details) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Fair Value, Inputs, Level 1 [Member]
 
 
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
 
 
Cash equivalents measured at fair value
$ 1,445.3 
$ 1,316.2 
Short-term investments measured at fair value
191.6 
168.9 
Long-term investments measured at fair value
291.5 
303.9 
Restricted investments measured at fair value
79.7 
76.1 
Prepaid expenses and other current assets measured at fair value
Total assets measured at fair value
2,008.1 
1,865.1 
Other accrued liabilities measured at fair value
Liabilities measured at fair value
Fair Value, Inputs, Level 2 [Member]
 
 
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
 
 
Cash equivalents measured at fair value
196.5 
34.5 
Short-term investments measured at fair value
202.9 
472.4 
Long-term investments measured at fair value
541.5 
436.8 
Restricted investments measured at fair value
1.6 
1.6 
Prepaid expenses and other current assets measured at fair value
0.4 
0.4 
Total assets measured at fair value
942.9 
945.7 
Other accrued liabilities measured at fair value
4.0 
9.6 
Liabilities measured at fair value
4.0 
9.6 
Fair Value, Inputs, Level 3 [Member]
 
 
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
 
 
Cash equivalents measured at fair value
Short-term investments measured at fair value
Long-term investments measured at fair value
Restricted investments measured at fair value
Prepaid expenses and other current assets measured at fair value
Total assets measured at fair value
Other accrued liabilities measured at fair value
Liabilities measured at fair value
Estimate of Fair Value, Fair Value Disclosure [Member]
 
 
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
 
 
Cash equivalents measured at fair value
1,641.8 
1,350.7 
Short-term investments measured at fair value
394.5 
641.3 
Long-term investments measured at fair value
833.0 
740.7 
Restricted investments measured at fair value
81.3 
77.7 
Prepaid expenses and other current assets measured at fair value
0.4 
0.4 
Total assets measured at fair value
2,951.0 
2,810.8 
Other accrued liabilities measured at fair value
4.0 
9.6 
Liabilities measured at fair value
4.0 
9.6 
Fair Value, Measurements, Recurring [Member] |
Fair Value, Inputs, Level 1 [Member]
 
 
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
 
 
Total assets measured at fair value
2,008.1 
1,865.1 
Liabilities measured at fair value
Fair Value, Measurements, Recurring [Member] |
Fair Value, Inputs, Level 2 [Member]
 
 
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
 
 
Total assets measured at fair value
942.9 
945.7 
Liabilities measured at fair value
4.0 
9.6 
Fair Value, Measurements, Recurring [Member] |
Fair Value, Inputs, Level 3 [Member]
 
 
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
 
 
Total assets measured at fair value
Liabilities measured at fair value
Fair Value, Measurements, Recurring [Member] |
Estimate of Fair Value, Fair Value Disclosure [Member]
 
 
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
 
 
Total assets measured at fair value
2,951.0 
2,810.8 
Liabilities measured at fair value
$ 4.0 
$ 9.6 
Fair Value Measurements, Assets and Liabilities Measured On A Nonrecurring Basis (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
 
 
 
 
 
Cost-method Investments, Realized Gain (Loss)
$ 14.8 
 
$ 0.8 
 
 
Equity investments measured on nonrecurring basis
36.0 
 
36.0 
 
51.8 
Other than temporary impairment of privately held equity investments measured on a non-recurring basis
(14.0)
 
Fair Value Liabilities Measured On Nonrecurring Basis Liabilities
 
 
Fair Value, Measurements, Nonrecurring [Member]
 
 
 
 
 
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
 
 
 
 
 
Equity investments measured on nonrecurring basis
$ 0 
 
$ 0 
 
$ 0.4 
Derivative Instruments (Details) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Derivative [Line Items]
 
 
Cash flow hedges
$ 128.8 
$ 184.3 
Non-designated hedges
105.0 
122.7 
Total
$ 233.8 
$ 307.0 
Derivative Instruments, Cash Flow Hedges (Details) (USD $)
In Millions, unless otherwise specified
6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2012
Foreign Exchange Contract [Member]
Cash Flow Hedging [Member]
Jun. 30, 2011
Foreign Exchange Contract [Member]
Cash Flow Hedging [Member]
Jun. 30, 2012
Foreign Exchange Contract [Member]
Cash Flow Hedging [Member]
Jun. 30, 2011
Foreign Exchange Contract [Member]
Cash Flow Hedging [Member]
Jun. 30, 2012
Other Current Assets [Member]
Foreign Exchange Contract [Member]
Cash Flow Hedging [Member]
Dec. 31, 2011
Other Current Assets [Member]
Foreign Exchange Contract [Member]
Cash Flow Hedging [Member]
Jun. 30, 2012
Other Current Liabilities [Member]
Foreign Exchange Contract [Member]
Cash Flow Hedging [Member]
Dec. 31, 2011
Other Current Liabilities [Member]
Foreign Exchange Contract [Member]
Cash Flow Hedging [Member]
Jun. 30, 2012
Operating Expense [Member]
Foreign Exchange Contract [Member]
Cash Flow Hedging [Member]
Jun. 30, 2011
Operating Expense [Member]
Foreign Exchange Contract [Member]
Cash Flow Hedging [Member]
Jun. 30, 2012
Operating Expense [Member]
Foreign Exchange Contract [Member]
Cash Flow Hedging [Member]
Jun. 30, 2011
Operating Expense [Member]
Foreign Exchange Contract [Member]
Cash Flow Hedging [Member]
Derivatives, Fair Value [Line Items]
 
 
 
 
 
 
 
 
 
 
 
 
 
Maximum Length of Time Hedged in Cash Flow Hedge
1 year 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative Asset Designated as Hedging Instrument, Fair Value
 
 
 
 
 
$ 0.4 
$ 0.4 
 
 
 
 
 
 
Derivative Liability Designated as Hedging Instrument, Fair Value
 
 
 
 
 
 
 
4.0 
9.6 
 
 
 
 
Derivative Instruments, Gain Recognized in Other Comprehensive Income (Loss), Effective Portion
 
 
1.9 
0.8 
7.1 
 
 
 
 
 
 
 
 
Derivative Instruments, Loss Reclassified from Accumulated OCI into Income, Effective Portion
 
 
 
 
 
 
 
 
 
2.0 
 
5.5 
 
Derivative Instruments, Gain Reclassified from Accumulated OCI into Income, Effective Portion
 
 
 
 
 
 
 
 
 
 
1.7 
 
2.2 
Derivative Instruments, Loss Recognized in Other Comprehensive Income (Loss), Effective Portion
 
$ (5.2)
 
 
 
 
 
 
 
 
 
 
 
Derivative Instruments, Non-Designated Hedges (Details) (Foreign Exchange Contract [Member], USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Derivative Instruments, Gain (Loss) [Line Items]
 
 
 
 
Maturity Period Of Non Designated Hedges Derivatives
 
 
approximately two months 
 
Other Income (Expense), Net [Member]
 
 
 
 
Derivative Instruments, Gain (Loss) [Line Items]
 
 
 
 
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net
$ 0.4 
$ 0.4 
$ 0.3 
$ 0.2 
Goodwill and Purchased Intangible Assets (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Goodwill [Line Items]
 
 
 
 
 
Purchased intangible assets, net
$ 143,774,000 
 
$ 143,774,000 
 
$ 123,114,000 
Goodwill [Roll Forward]
 
 
 
 
 
Goodwill, beginning of period
 
 
3,928,144,000 
 
 
Goodwill acquired
 
 
59,600,000 
 
 
Goodwill, end of period
3,987,707,000 
 
3,987,707,000 
 
 
Goodwill, Translation and Purchase Accounting Adjustments
 
 
 
 
Goodwill, Impairment Loss
 
PSD Segment [Member]
 
 
 
 
 
Goodwill [Roll Forward]
 
 
 
 
 
Goodwill, beginning of period
 
 
1,795,600,000 
 
 
Goodwill acquired
 
 
 
 
Goodwill, end of period
1,795,600,000 
 
1,795,600,000 
 
 
SSD Segment [Member]
 
 
 
 
 
Goodwill [Roll Forward]
 
 
 
 
 
Goodwill, beginning of period
 
 
2,132,500,000 
 
 
Goodwill acquired
 
 
59,600,000 
 
 
Goodwill, end of period
$ 2,192,100,000 
 
$ 2,192,100,000 
 
 
Goodwill and Purchased Intangible Assets, Finite Lived Intangible Assets by Class (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Purchased Intangible Assets [Line Items]
 
 
 
 
 
Finite-Lived Intangible Assets, Gross
$ 623,700,000 
 
$ 623,700,000 
 
$ 591,000,000 
Finite-Lived Intangible Assets, Accumulated Amortization
(486,700,000)
 
(486,700,000)
 
(470,700,000)
Finite-Lived Intangible Assets, Net
137,000,000 
 
137,000,000 
 
120,300,000 
Total purchased intangible assets, gross
630,500,000 
 
630,500,000 
 
593,800,000 
Purchased Intangible Assets, Accumulated Amortization
(486,700,000)
 
(486,700,000)
 
(470,700,000)
Total purchased intangible assets, net
143,774,000 
 
143,774,000 
 
123,114,000 
Amortization Of Purchased Intangible Assets
8,800,000 
6,800,000 
16,100,000 
13,500,000 
 
Impairment of Intangible Assets, Finite-lived
 
In Process Research And Development [Member]
 
 
 
 
 
Purchased Intangible Assets [Line Items]
 
 
 
 
 
Indefinite-lived Intangible Assets
6,800,000 
 
6,800,000 
 
2,800,000 
Technologies and Patents [Member]
 
 
 
 
 
Purchased Intangible Assets [Line Items]
 
 
 
 
 
Finite-Lived Intangible Assets, Gross
531,200,000 
 
531,200,000 
 
499,500,000 
Finite-Lived Intangible Assets, Accumulated Amortization
(418,200,000)
 
(418,200,000)
 
(404,200,000)
Finite-Lived Intangible Assets, Net
113,000,000 
 
113,000,000 
 
95,300,000 
Other Intangible Assets [Member]
 
 
 
 
 
Purchased Intangible Assets [Line Items]
 
 
 
 
 
Finite-Lived Intangible Assets, Gross
92,500,000 
 
92,500,000 
 
91,500,000 
Finite-Lived Intangible Assets, Accumulated Amortization
(68,500,000)
 
(68,500,000)
 
(66,500,000)
Finite-Lived Intangible Assets, Net
$ 24,000,000 
 
$ 24,000,000 
 
$ 25,000,000 
Goodwill and Purchased Intangible Assets, Estimated Future Amortization Expense Intangible Assets (Details) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
 
 
Future Amortization Expense, Remainder of Fiscal Year
$ 17.5 
 
Future Amortization Expense, Year Two
34.7 
 
Future Amortization Expense, Year Three
32.8 
 
Future Amortization Expense, Year Four
24.8 
 
Future Amortization Expense, Year Five
11.1 
 
Future Amortization Expense, after Year Five
16.1 
 
Finite-Lived Intangible Assets, Net
$ 137.0 
$ 120.3 
Other Financial Information Other Financial Information, Inventories (Details) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Inventory Disclosure [Abstract]
 
 
Production materials
$ 87.3 
$ 52.4 
Finished goods
17.5 
16.7 
Total inventories, net
$ 104.8 
$ 69.1 
Other Financial Information, Warranties (Details) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Movement in Standard Product Warranty Accrual [Roll Forward]
 
Beginning balance
$ 28.3 
Provisions made during the period, net
16.8 
Change in estimate
Actual costs incurred during the period
(15.3)
Ending balance
$ 29.8 
Other Financial Information, Deferred Revenue (Details) (USD $)
Jun. 30, 2012
Dec. 31, 2011
Deferred Product Revenue [Abstract]
 
 
Deferred revenue, net
$ 992,900,000 
$ 967,000,000 
Deferred Revenue Reported as [Abstract]
 
 
Deferred Revenue, Current
773,275,000 
712,663,000 
Deferred Revenue, Noncurrent
219,617,000 
254,364,000 
Sales Revenue, Goods, Net [Member]
 
 
Deferred Product Revenue [Abstract]
 
 
Undelivered product commitments and other product deferrals
281,600,000 
288,100,000 
Distributor inventory and other sell-through items
112,600,000 
134,000,000 
Deferred gross product revenue
394,200,000 
422,100,000 
Deferred cost of product revenue
(102,700,000)
(136,900,000)
Deferred revenue, net
291,500,000 
285,200,000 
Sales Revenue, Services, Net [Member]
 
 
Deferred Product Revenue [Abstract]
 
 
Deferred revenue, net
$ 701,400,000 
$ 681,800,000 
Other Financial Information, Restructuring (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Restructuring Reserve [Line Items]
 
 
 
 
Restructuring, net
$ 3,161,000 
$ (916,000)
$ 5,200,000 
$ (1,263,000)
Restructuring Reserve [Roll Forward]
 
 
 
 
Beginning Balance
 
 
4,100,000 
 
Charges
 
 
5,200,000 
 
Cash payments
 
 
(5,200,000)
 
Non-cash settlements and other adjustments
 
 
(900,000)
 
Ending Balance
5,000,000 
 
5,000,000 
 
Facilities [Member]
 
 
 
 
Restructuring Reserve [Roll Forward]
 
 
 
 
Beginning Balance
 
 
1,000,000 
 
Charges
 
 
1,700,000 
 
Cash payments
 
 
(400,000)
 
Non-cash settlements and other adjustments
 
 
 
Ending Balance
2,300,000 
 
2,300,000 
 
Severance [Member]
 
 
 
 
Restructuring Reserve [Roll Forward]
 
 
 
 
Beginning Balance
 
 
3,100,000 
 
Charges
 
 
3,500,000 
 
Cash payments
 
 
(4,800,000)
 
Non-cash settlements and other adjustments
 
 
(900,000)
 
Ending Balance
$ 2,700,000 
 
$ 2,700,000 
 
Other Financial Information, Interest and Other Income Net (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Component of Other Income, Nonoperating [Line Items]
 
 
 
 
Interest income
$ 2,900,000 
$ 2,600,000 
$ 5,700,000 
$ 5,000,000 
Interest expense
(13,500,000)
(15,200,000)
(27,700,000)
(21,600,000)
Other
13,400,000 
(1,100,000)
400,000 
(3,500,000)
Other income (expense), net
2,770,000 
(13,688,000)
(21,661,000)
(20,150,000)
Cost-method Investments, Realized Gains
14,800,000 
800,000 
Cost-method Investments, Other than Temporary Impairment
$ 0 
$ 0 
$ (14,000,000)
$ 0 
Long-Term Debt and Financing (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Long-Term Debt [Line Items]
 
 
 
 
 
Long-term Debt, Gross
$ 1,000,000,000 
 
$ 1,000,000,000 
 
 
Unaccreted Discount
(900,000)
 
(900,000)
 
 
Long-term debt
999,108,000 
 
999,108,000 
 
999,034,000 
Debt Instrument, Fair Value
1,097,300,000 
 
1,097,300,000 
 
1,069,800,000 
Financing Arrangements [Abstract]
 
 
 
 
 
Number of days due from receivable
 
 
30 days 
 
 
Sale of receivables
162,600,000 
224,200,000 
283,200,000 
399,000,000 
 
Proceeds from sale and collection of receivables
147,300,000 
207,600,000 
325,800,000 
401,900,000 
 
Receivables from sale of receivables
114,000,000 
 
114,000,000 
 
162,900,000 
Cash received from financing provider that has not been recognized as revenue
41,300,000 
 
41,300,000 
 
33,300,000 
Fixed Rate Note Due 2016 [Member]
 
 
 
 
 
Long-Term Debt [Line Items]
 
 
 
 
 
Long-term Debt, Gross
300,000,000 
 
300,000,000 
 
 
Debt Instrument, Interest Rate, Effective Percentage
3.12% 
 
3.12% 
 
 
Debt Instrument, Interest Rate, Stated Percentage
3.10% 
 
3.10% 
 
 
Debt Instrument, Maturity Date
 
 
Mar. 15, 2016 
 
 
Fixed Rate Note Due 2021 [Member]
 
 
 
 
 
Long-Term Debt [Line Items]
 
 
 
 
 
Long-term Debt, Gross
300,000,000 
 
300,000,000 
 
 
Debt Instrument, Interest Rate, Effective Percentage
4.63% 
 
4.63% 
 
 
Debt Instrument, Interest Rate, Stated Percentage
4.60% 
 
4.60% 
 
 
Debt Instrument, Maturity Date
 
 
Mar. 15, 2021 
 
 
Fixed Rate Note Due 2041 [Member]
 
 
 
 
 
Long-Term Debt [Line Items]
 
 
 
 
 
Long-term Debt, Gross
$ 400,000,000 
 
$ 400,000,000 
 
 
Debt Instrument, Interest Rate, Effective Percentage
6.01% 
 
6.01% 
 
 
Debt Instrument, Interest Rate, Stated Percentage
5.95% 
 
5.95% 
 
 
Debt Instrument, Maturity Date
 
 
Mar. 15, 2041 
 
 
Equity, Stock Repurchase Activities (Details) (USD $)
Share data in Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Stock Repurchased and Retired During Period, Shares
5.0 
3.9 
7.4 
8.6 
Common Stock Repurchased Under Stock Repurchase Program Average Purchase Price
$ 18.76 
$ 38.94 
$ 19.72 
$ 40.71 
Common stock repurchased and retired under stock repurchase programs, value
$ 94,000,000 
$ 150,000,000 
$ 145,600,000 
$ 350,200,000 
Stock Repurchase Program, Remaining Authorized Repurchase Amount
 
 
1,100,000,000 
 
2010 Stock Repurchase Program [Member]
 
 
 
 
Stock Repurchase Program, Authorized Amount
 
 
1,000,000,000 
 
2012 Stock Repurchase Program [Member]
 
 
 
 
Stock Repurchase Program, Authorized Amount
 
 
$ 1,000,000,000 
 
Equity, Comprehensive Income (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Consolidated net income
$ 57,719,000 
$ 115,518,000 
$ 73,989,000 
$ 245,178,000 
Other Comprehensive Income (Loss), Net of Tax:
 
 
 
 
Change in unrealized (loss) gain on investments
(3,100,000)
(1,500,000)
9,200,000 
2,900,000 
Change in foreign currency translation adjustment
(4,500,000)
2,600,000 
100,000 
9,200,000 
Total other comprehensive (loss) income
(7,600,000)
1,100,000 
9,300,000 
12,100,000 
Consolidated comprehensive income
50,100,000 
116,600,000 
83,300,000 
257,300,000 
Adjust for comprehensive loss attributable to noncontrolling interest
100,000 
100,000 
Comprehensive income
$ 50,069,000 
$ 116,584,000 
$ 83,217,000 
$ 257,331,000 
Employee Benefit Plans (Details) (USD $)
3 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2012
Jun. 30, 2012
Employee Stock Purchase Plan 2008 [Member]
May 31, 2012
Equity Incentive Plan 2006 [Member]
May 31, 2011
Equity Incentive Plan 2006 [Member]
May 31, 2010
Equity Incentive Plan 2006 [Member]
Jun. 30, 2012
Equity Incentive Plan 2006 [Member]
Dec. 31, 2011
Equity Incentive Plan 2006 [Member]
May 31, 2006
Equity Incentive Plan 2006 [Member]
May 31, 2006
Plan 1996 and 2000 [Member]
Jun. 30, 2012
Stock Options [Member]
From 2006 [Member]
Jun. 30, 2012
Stock Options [Member]
Prior to 2006 [Member]
Share-Based Compensation Plans
 
 
 
 
 
 
 
 
 
 
 
 
Share-based Compensation Arrangement by Share-based Payment Award, Discount from Market Price
 
 
15.00% 
 
 
 
 
 
 
 
 
 
Periodic Payroll Deduction - Percentage of Base Salary
 
 
10.00% 
 
 
 
 
 
 
 
 
 
Maximum Purchase of Common Stock, Shares
 
 
6,000 
 
 
 
 
 
 
 
 
 
Share-based Compensation Arrangement by Share-based Payment Award, Offering Period
 
 
12 months 
 
 
 
 
 
 
 
 
 
Maximum Purchase of Common Stock, Value
 
 
$ 25,000 
 
 
 
 
 
 
 
 
 
Number of Shares in Authorized
 
 
 
 
 
 
 
 
64,500,000 
 
 
 
Maximum Additional Shares Expire Unexercised, Under 1996 and 2000 Plan
 
 
 
 
 
 
 
 
 
75,000,000 
 
 
Additional Authorized Share Reserve Approved By Shareholders
 
 
 
25,000,000 
30,000,000 
30,000,000 
 
 
 
 
 
 
Number of Shares Outstanding
 
 
 
 
 
 
62,500,000 
 
 
 
 
 
Number of Shares Available for Future Issuance
 
 
 
 
 
 
47,200,000 
41,100,000 
 
 
 
 
Outstanding Stock Options and RSU's from Awards Assumed
1,400,000 
1,400,000 
 
 
 
 
 
 
 
 
 
 
Share Based Compensation Arrangement By Share Based Payment Award, Contractual Life, Maximum
 
 
 
 
 
 
 
 
 
 
7 years 
10 years 
Stock Option Activities
 
 
 
 
 
 
 
 
 
 
 
 
Beginning Balance, Number of Shares
 
38,600,000 
 
 
 
 
 
 
 
 
 
 
Options Granted, Number of Shares
 
3,000,000 
 
 
 
 
3,000,000 
 
 
 
 
 
Options Canceled, Number of Shares
 
(600,000)
 
 
 
 
(600,000)1
 
 
 
 
 
Options Exercised, Number of Shares
 
(2,500,000)
 
 
 
 
 
 
 
 
 
 
Options Expired, Number of Shares
 
(600,000)
 
 
 
 
(600,000)1
 
 
 
 
 
Ending Balance, Number of Shares
37,900,000 
37,900,000 
 
 
 
 
 
 
 
 
 
 
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
 
 
 
 
 
 
 
 
 
 
 
 
Beginning Balance, Weighted Average Exercise Price
 
$ 23.98 
 
 
 
 
 
 
 
 
 
 
Options Granted, Weighted Average Exercise Price
 
$ 22.93 
 
 
 
 
 
 
 
 
 
 
Options Canceled, Weighted Average Exercise Price
 
$ 28.63 
 
 
 
 
 
 
 
 
 
 
Options Exercised, Weighted Average Exercise Price
 
$ 10.32 
 
 
 
 
 
 
 
 
 
 
Options Expired, Weighted Average Exercise Price
 
$ 27.58 
 
 
 
 
 
 
 
 
 
 
Ending Balance, Weighted Average Exercise Price
$ 24.64 
$ 24.64 
 
 
 
 
 
 
 
 
 
 
Weighted Average Remaining Contractual Term at Period End
 
3 years 7 months 
 
 
 
 
 
 
 
 
 
 
Aggregate Intrinsic Value at Period End
13,300,000 
13,300,000 
 
 
 
 
 
 
 
 
 
 
Vested or Expected-to-Vest Options, Number of Shares at Period End
36,200,000 
36,200,000 
 
 
 
 
 
 
 
 
 
 
Vested or Expected-to-Vest Options, Weighted Average Exercise Price at Period End
$ 24.46 
$ 24.46 
 
 
 
 
 
 
 
 
 
 
Vested and Expected-to-Vest Options, Weighted Average Remaining Contractual Term at Period End
 
3 years 6 months 
 
 
 
 
 
 
 
 
 
 
Vested or Expected-to-Vest Options, Aggregate Intrinsic Value at Period End
13,200,000 
13,200,000 
 
 
 
 
 
 
 
 
 
 
Exercisable Options, Number of Shares at Period End
26,900,000 
26,900,000 
 
 
 
 
 
 
 
 
 
 
Exercisable Options, Weighted Average Exercise Price at Period End
$ 23.41 
$ 23.41 
 
 
 
 
 
 
 
 
 
 
Exercisable Options, Weighted Average Remaining Contractual Term at Period End
 
2 years 11 months 
 
 
 
 
 
 
 
 
 
 
Exercisable Options, Aggregate Intrinsic Value at Period End
11,200,000 
11,200,000 
 
 
 
 
 
 
 
 
 
 
Share Price
$ 16.31 
$ 16.31 
 
 
 
 
 
 
 
 
 
 
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Total Intrinsic Value
16,200,000 
23,100,000 
 
 
 
 
 
 
 
 
 
 
Total Fair Value of Options Vested
$ 18,800,000 
$ 46,200,000 
 
 
 
 
 
 
 
 
 
 
Employee Benefit Plans, Share Based Compensation, Equity Instruments Other Than Options (Details) (USD $)
In Millions, except Share data, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2012
Employee Stock Purchase Plan 2008 [Member]
Jun. 30, 2011
Employee Stock Purchase Plan 2008 [Member]
Jun. 30, 2012
Restricted Stock Units (RSUs) [Member]
Jun. 30, 2012
Restricted Stock Units (RSUs) [Member]
Minimum [Member]
Jun. 30, 2012
Restricted Stock Units (RSUs) [Member]
Maximum [Member]
Jun. 30, 2012
Performance Shares [Member]
Jun. 30, 2012
Restricted Stock Units and Performance Share Awards [Member]
Jun. 30, 2012
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
 
 
 
 
 
 
 
 
 
 
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period
 
 
 
 
 
3 years 
4 years 
3 years 
 
 
Restricted Stock Units And Performance Share Awards Activities
 
 
 
 
 
 
 
 
 
 
Beginning Balance, Number of Shares
 
 
 
 
 
 
 
 
19,600,000 
 
Awards Granted, Number of Shares
 
 
 
 
7,300,000 
 
 
2,200,000 1
 
 
Share-based compensation arrangement by share based payment award, assumed awards
 
 
 
 
200,000 
 
 
 
 
 
Awards Vested, Number of Shares
 
 
 
 
(1,900,000)
 
 
(1,500,000)
 
 
Awards Canceled, Number of Shares
 
 
 
 
(900,000)
 
 
(400,000)
 
 
Ending Balance, Number of Shares
 
 
 
 
 
 
 
 
24,600,000 
 
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
 
 
 
 
 
 
 
 
 
 
Beginning Balance, Weighted Average Grant-Date Fair Value
 
 
 
 
 
 
 
 
$ 30.27 
 
Awards Granted, Weighted Average Grant-Date Fair Value
 
 
 
 
$ 21.70 
 
 
$ 23.22 
 
 
Share-based Compensation Arrangement by Share-based Payment Award, Equity INstruments Other than Options, Assumed Awards, Weighted AVerage Grant Date Fair Value
 
 
 
 
$ 22.47 
 
 
 
 
 
Awards Vested, Weighted Average Grant-Date Fair Value
 
 
 
 
$ 27.88 
 
 
$ 15.79 
 
 
Awards Canceled, Weighted Average Grant-Date Fair Value
 
 
 
 
$ 29.37 
 
 
$ 32.45 
 
 
Ending Balance, Weighted Average Grant-Date Fair Value
 
 
 
 
 
 
 
 
$ 27.87 
 
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms
 
 
 
 
 
 
 
 
1 year 6 months 
 
RSUs and PSAs, Aggregate Intrinsic Value at Period End
 
 
 
 
 
 
 
 
$ 424.8 
 
Vested and Expected-to-Vest RSUs and PSAs, Number of Shares at Period End
 
 
 
 
 
 
 
 
20,200,000 
 
Vested and Expected-to-Vest RSUs and PSAs, Weighted Average Grant-Date Fair Value at Period End
 
 
 
 
 
 
 
 
$ 28.18 
 
Vested and Expected-to-Vest RSUs and PSAs, Weighted Average Remaining Contractual Term at Period End
 
 
 
 
 
 
 
 
1 year 6 months 
 
Vested and Expected-to-Vest RSUs and PSAs, Aggregate Intrinsic Value at Period End
 
 
 
 
 
 
 
 
$ 357.2 
 
Aggregate Number Of Shares Subject to PSAs Granted
 
 
 
 
 
 
 
900,000 
 
 
Minimum shares to be Issued on achievement of performance goals in respect of PSAs
 
 
 
 
 
 
 
 
 
Maximum shares to be issued on achievement of performance goals in respect of PSAs
 
 
 
 
 
 
 
2,200,000 
 
 
Employee Stock Purchase Plan
 
 
 
 
 
 
 
 
 
 
Stock Issued During Period, Shares, Employee Stock Purchase Plans
 
 
1,700,000 
1,000,000 
 
 
 
 
 
 
Average Price of Common Stock, Per Share
 
 
$ 17.79 
$ 23.89 
 
 
 
 
 
 
Common Stock, Shares, Issued
526,122,000 
526,409,000 
 
 
 
 
 
 
 
7,600,000 
Common Stock, Capital Shares Reserved for Future Issuance
121,000,000 
 
 
 
 
 
 
 
 
11,400,000 
Employee Benefit Plans, Shares Available For Grant (Details)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Shares Available For Grant
 
Options Granted, Number of Shares
(3.0)
Options Canceled, Number of Shares
0.6 
Options Expired, Number of Shares
0.6 
Common Stock for Each Share Subject to RSUs and PSAs
2.1 
Restricted Stock Units and Performance Share Awards [Member]
 
Shares Available For Grant
 
Fair Market Value on Date of Grant For RSUS And PSAS Issued at Discount, Maximum Percentage
100.00% 
Equity Incentive Plan 2006 [Member]
 
Shares Available For Grant
 
Beginning Balance, Number of Shares
41.1 
Additional Authorized Share Reserve Approved By Shareholders, Number of Shares
25.0 
Awards Granted, Number of Shares
(19.9)1
Options Granted, Number of Shares
(3.0)
Awards Canceled, Number of Shares
2.8 1
Options Canceled, Number of Shares
0.6 2
Options Expired, Number of Shares
0.6 2
Ending Balance, Number of Shares
47.2 
Employee Benefit Plans, Assumptions and Resulting Estimates of Fair Value (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Stock Options [Member]
 
 
 
 
Estimates of Fair Value
 
 
 
 
Expected Volatility Rate
 
41.00% 
46.00% 
41.00% 
Risk Free Interest Rate
 
1.40% 
0.80% 
1.70% 
Expected Term
 
4 years 1 month 
4 years 2 months 
4 years 1 month 
Dividend yield
 
0.00% 
0.00% 
0.00% 
Weighted-average fair value per share
 
$ 12.40 
$ 8.51 
$ 14.29 
Employee Stock Purchase Plan [Member]
 
 
 
 
Estimates of Fair Value
 
 
 
 
Expected Volatility Rate
51.00% 
33.00% 
51.00% 
33.00% 
Risk Free Interest Rate
0.10% 
1.80% 
0.10% 
1.80% 
Expected Term
6 months 
6 months 
6 months 
6 months 
Dividend yield
0.00% 
0.00% 
0.00% 
0.00% 
Weighted-average fair value per share
$ 6.38 
$ 9.07 
$ 6.38 
$ 9.07 
Employee Benefit Plans, Share Based Compensation by Cost and Expense Categories (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Stock Based Compensation Expense Recorded in Cost and Expense Categories
 
 
 
 
Share-Based Compensation Expense
$ 61.9 
$ 60.1 
$ 126.9 
$ 109.2 
Stock Options [Member]
 
 
 
 
Stock Based Compensation Expense Recorded in Cost and Expense Categories
 
 
 
 
Share-Based Compensation Expense
15.1 
19.9 
32.8 
39.6 
Restricted Stock Units and Performance Share Awards [Member]
 
 
 
 
Stock Based Compensation Expense Recorded in Cost and Expense Categories
 
 
 
 
Share-Based Compensation Expense
41.0 
34.5 
82.6 
58.0 
Assumed Restricted Stock Units [Member]
 
 
 
 
Stock Based Compensation Expense Recorded in Cost and Expense Categories
 
 
 
 
Share-Based Compensation Expense
0.4 
0.6 
Employee Stock Purchase Plan [Member]
 
 
 
 
Stock Based Compensation Expense Recorded in Cost and Expense Categories
 
 
 
 
Share-Based Compensation Expense
5.4 
4.2 
10.9 
8.6 
Other Acquisition Related Compensation [Member]
 
 
 
 
Stock Based Compensation Expense Recorded in Cost and Expense Categories
 
 
 
 
Share-Based Compensation Expense
1.5 
3.0 
Cost of Revenues, Product [Member]
 
 
 
 
Stock Based Compensation Expense Recorded in Cost and Expense Categories
 
 
 
 
Share-Based Compensation Expense
1.2 
1.2 
2.3 
2.2 
Cost of Revenues, Service [Member]
 
 
 
 
Stock Based Compensation Expense Recorded in Cost and Expense Categories
 
 
 
 
Share-Based Compensation Expense
4.2 
4.4 
9.4 
8.4 
Research and Development Expense [Member]
 
 
 
 
Stock Based Compensation Expense Recorded in Cost and Expense Categories
 
 
 
 
Share-Based Compensation Expense
28.5 
26.6 
54.3 
48.9 
Selling and Marketing Expense [Member]
 
 
 
 
Stock Based Compensation Expense Recorded in Cost and Expense Categories
 
 
 
 
Share-Based Compensation Expense
21.0 
19.2 
42.9 
32.4 
General and Administrative Expense [Member]
 
 
 
 
Stock Based Compensation Expense Recorded in Cost and Expense Categories
 
 
 
 
Share-Based Compensation Expense
$ 7.0 
$ 8.7 
$ 18.0 
$ 17.3 
Employee Benefit Plans, Share Based Compensation by Share Based Payment Award Types (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
NQDC [Member]
Dec. 31, 2011
NQDC [Member]
Jun. 30, 2012
Stock Options [Member]
Jun. 30, 2012
Restricted Stock Units and Performance Share Awards [Member]
Employee Benefit Textuals [Abstract]
 
 
 
 
 
 
 
 
Unrecognized Compensation Cost Related to Unvested Stock Options - Adjusted for Forfeitures
 
 
 
 
 
 
$ 84.4 
$ 311.4 
Weighted Average Period that Unrecognized Compensation Cost Will be Recognized (years)
 
 
 
 
 
 
2 years 6 months 
2 years 2 months 
Employee Contribution Matched in Percent
 
 
25.00% 
 
 
 
 
 
Matching Contributions to Plan
5.6 
4.7 
12.2 
9.8 
 
 
 
 
Deferred Compensation Liability
 
 
 
 
$ 11.5 
$ 9.3 
 
 
Segments (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net Revenues [Abstract]
 
 
 
 
Total net revenues
$ 1,073,759,000 
$ 1,120,544,000 
$ 2,106,257,000 
$ 2,222,156,000 
Segment Operating Income [Abstract]
 
 
 
 
Total segment contribution margin
425,600,000 
490,100,000 
812,200,000 
988,300,000 
Corporate Unallocated Expenses
(264,600,000)
(247,900,000)
(527,700,000)
(500,300,000)
Amortization of purchased intangible assets
(8,800,000)
(6,800,000)
(16,100,000)
(13,500,000)
Share-based Compensation Expense
(61,900,000)
(60,100,000)
(126,900,000)
(109,200,000)
Share-based payroll tax expense
(600,000)
(1,100,000)
(1,000,000)
(9,000,000)
Restructuring
(3,161,000)
916,000 
(5,200,000)
1,263,000 
Acquisition-related and other charges
200,000 
(4,200,000)
(900,000)
(9,300,000)
Operating income
86,718,000 
170,920,000 
134,427,000 
348,313,000 
Other income (expense), net
2,770,000 
(13,688,000)
(21,661,000)
(20,150,000)
Income before income taxes and noncontrolling interest
89,488,000 
157,232,000 
112,766,000 
328,163,000 
PSD Segment [Member]
 
 
 
 
Net Revenues [Abstract]
 
 
 
 
Total net revenues
871,500,000 
916,900,000 
1,695,700,000 
1,815,500,000 
Segment Operating Income [Abstract]
 
 
 
 
Total segment contribution margin
351,100,000 
415,500,000 
655,800,000 
832,600,000 
Depreciation by Segment [Abstract]
 
 
 
 
Depreciation expense
29,400,000 
26,500,000 
57,600,000 
52,500,000 
SSD Segment [Member]
 
 
 
 
Net Revenues [Abstract]
 
 
 
 
Total net revenues
202,300,000 
203,600,000 
410,600,000 
406,700,000 
Segment Operating Income [Abstract]
 
 
 
 
Total segment contribution margin
74,500,000 
74,600,000 
156,400,000 
155,700,000 
Depreciation by Segment [Abstract]
 
 
 
 
Depreciation expense
$ 8,200,000 
$ 8,600,000 
$ 16,100,000 
$ 16,600,000 
Segments, Geographical (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
United States
Jun. 30, 2011
United States
Jun. 30, 2012
United States
Jun. 30, 2011
United States
Jun. 30, 2012
Other Americas [Member]
Jun. 30, 2011
Other Americas [Member]
Jun. 30, 2012
Other Americas [Member]
Jun. 30, 2011
Other Americas [Member]
Jun. 30, 2012
Total Americas [Member]
Jun. 30, 2011
Total Americas [Member]
Jun. 30, 2012
Total Americas [Member]
Jun. 30, 2011
Total Americas [Member]
Jun. 30, 2012
Europe Middle East And Africa [Member]
Jun. 30, 2011
Europe Middle East And Africa [Member]
Jun. 30, 2012
Europe Middle East And Africa [Member]
Jun. 30, 2011
Europe Middle East And Africa [Member]
Jun. 30, 2012
Asia Pacific [Member]
Jun. 30, 2011
Asia Pacific [Member]
Jun. 30, 2012
Asia Pacific [Member]
Jun. 30, 2011
Asia Pacific [Member]
Jun. 30, 2012
Property, Plant, and Equipment [Member]
Geographic Concentration Risk [Member]
United States
Dec. 31, 2011
Property, Plant, and Equipment [Member]
Geographic Concentration Risk [Member]
United States
Net Revenues by Geographic Region [Line Items]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Concentration Risk, Percentage
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
80.00% 
80.00% 
Total net revenues
$ 1,073,759 
$ 1,120,544 
$ 2,106,257 
$ 2,222,156 
$ 537,600 
$ 523,900 
$ 1,006,000 
$ 1,049,900 
$ 49,700 
$ 54,800 
$ 112,600 
$ 110,400 
$ 587,300 
$ 578,700 
$ 1,118,600 
$ 1,160,300 
$ 299,300 
$ 329,000 
$ 606,400 
$ 629,000 
$ 187,200 
$ 212,800 
$ 381,300 
$ 432,900 
 
 
Segments, Major Customers (Details)
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2012
Jun. 30, 2011
Customer Concentration Risk [Member]
Customer
Jun. 30, 2011
Customer Concentration Risk [Member]
Customer
Concentration Risk [Line Items]
 
 
 
 
Number of Customers Accounting for Ten Percent or More of Net Revenues
 
 
Entity-Wide Revenue, Major Customer, Percentage
12.00% 
14.00% 
 
 
Income Taxes (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Income Tax Contingency [Line Items]
 
 
 
 
Income tax provision
$ 31,769,000 
$ 41,714,000 
$ 38,777,000 
$ 82,985,000 
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]
 
 
 
 
Effective tax rate
35.50% 
26.50% 
34.40% 
25.30% 
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate
 
 
35.00% 
 
Unrecognized Tax Benefits, Reductions Resulting from Lapse of Applicable Statute of Limitations
 
 
3,800,000 
 
Possible decrease in gross unrecognized tax benefits within next 12 months
2,800,000 
 
2,800,000 
 
Foreign Country [Member]
 
 
 
 
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]
 
 
 
 
Number of ongoing tax examinations
 
 
Interest and penalties recorded
$ 4,600,000 
 
$ 4,600,000 
 
Net Income per Share (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Numerator
 
 
 
 
Net income attributable to Juniper Networks
$ 57,719 
$ 115,560 
$ 73,989 
$ 245,310 
Denominator
 
 
 
 
Weighted-average shares used to compute basic net income per share
527,756,000 
532,909,000 
527,989,000 
531,827,000 
Effect of dilutive securities:
 
 
 
 
Dilutive effect of employee stock awards
4,000,000 
13,600,000 
5,800,000 
15,900,000 
Weighted-average shares used to compute diluted net income per share
531,755,000 
546,452,000 
533,753,000 
547,729,000 
Net income per share attributable to Juniper Networks common stockholders [Abstract]
 
 
 
 
Basic
$ 0.11 
$ 0.22 
$ 0.14 
$ 0.46 
Diluted
$ 0.11 
$ 0.21 
$ 0.14 
$ 0.45 
Net Income per Share Textuals
 
 
 
 
Anti-dilutive shares excluded from computation of diluted earnings per share
42,300,000 
13,500,000 
33,200,000 
44,800,000 
Commitments and Contingencies (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Summarization of principal contractual obligations
 
 
 
 
 
Operating leases
$ 286,700,000 
 
$ 286,700,000 
 
 
Operating Leases, Future Minimum Payments, Remainder of Fiscal Year
30,300,000 
 
30,300,000 
 
 
Operating Leases, Future Minimum Payments, Due in Two Years
50,000,000 
 
50,000,000 
 
 
Operating Leases, Future Minimum Payments, Due in Three Years
43,600,000 
 
43,600,000 
 
 
Operating Leases, Future Minimum Payments, Due in Four Years
35,400,000 
 
35,400,000 
 
 
Operating Leases, Future Minimum Payments, Due in Five Years
26,900,000 
 
26,900,000 
 
 
Operating Leases, Future Minimum Payments, Due Thereafter
100,500,000 
 
100,500,000 
 
 
Purchase Obligation
122,000,000 
 
122,000,000 
 
 
Purchase Obligation, Remainer of Fiscal Year
122,000,000 
 
122,000,000 
 
 
Purchase Obligation, Due in Second Year
 
 
 
Purchase Obligation, Due in Third Year
 
 
 
Purchase Obligation, Due in Fourth Year
 
 
 
Purchase Obligation, Due in Fifth Year
 
 
 
Purchase Obligation, Due after Fifth Year
 
 
 
Tax liabilities
108,200,000 
 
108,200,000 
 
 
Long-term Debt, Gross
1,000,000,000 
 
1,000,000,000 
 
 
Long-term Debt, Maturities, Repayments of Principal, Remainder of Fiscal Year
 
 
 
Long-term Debt, Maturities, Repayments of Principal in Year Two
 
 
 
Long-term Debt, Maturities, Repayments of Principal in Year Three
 
 
 
Long-term Debt, Maturities, Repayments of Principal in Year Four
 
 
 
Long-term Debt, Maturities, Repayments of Principal in Year Five
300,000,000 
 
300,000,000 
 
 
Long-term Debt, Maturities, Repayments of Principal after Year Five
700,000,000 
 
700,000,000 
 
 
Long-term Debt, Future Interest Payment Due
849,700,000 
 
849,700,000 
 
 
Long-term Debt, Maturities, Repayments of Interest, Remainder of Fiscal Year
23,500,000 
 
23,500,000 
 
 
Long-term Debt, Maturities, Repayments of Interest in Year Two
46,900,000 
 
46,900,000 
 
 
Long-term Debt, Maturities, Repayments of Interest in Year Three
46,900,000 
 
46,900,000 
 
 
Long-term Debt, Maturities, Repayments of Interest in Year Four
46,900,000 
 
46,900,000 
 
 
Long-term Debt, Maturities, Repayments of Interest in Year Five
41,900,000 
 
41,900,000 
 
 
Long-term Debt, Maturities, Repayments of Interest after Year Five
643,600,000 
 
643,600,000 
 
 
Other contractual obligations
101,800,000 
 
101,800,000 
 
 
Other contractual obligations, Remainder of Fiscal Year
89,700,000 
 
89,700,000 
 
 
Other contractual obligations, Due in Second Year
6,300,000 
 
6,300,000 
 
 
Other contractual obligations, Due in Third Year
3,400,000 
 
3,400,000 
 
 
Other contractual obligations, Due in Fourth Year
2,400,000 
 
2,400,000 
 
 
Other contractual obligations, Due in Fifth Year
 
 
 
Other contractual obligations, Due after Fifth Year
 
 
 
Total
2,468,400,000 
 
2,468,400,000 
 
 
Contractual Obligation, Remainder of Fiscal Year
265,500,000 
 
265,500,000 
 
 
Contractual Obligation, Due in Second Year
103,200,000 
 
103,200,000 
 
 
Contractual Obligation, Due in Third Year
93,900,000 
 
93,900,000 
 
 
Contractual Obligation, Due in Fourth Year
84,700,000 
 
84,700,000 
 
 
Contractual Obligation, Due in Fifth Year
368,800,000 
 
368,800,000 
 
 
Contractual Obligation, Due after Fifth Year
1,444,100,000 
 
1,444,100,000 
 
 
Commitments Textuals [Abstract]
 
 
 
 
 
Rent expense
15,800,000 
17,800,000 
31,500,000 
32,600,000 
 
Accrual for estimated carrying charges or obsolete materials charges
15,900,000 
 
15,900,000 
 
 
Long-term debt
999,108,000 
 
999,108,000 
 
999,034,000 
Long-term Debt, Gross
1,000,000,000 
 
1,000,000,000 
 
 
Indemnity-related and service-related escrows
28,800,000 
 
28,800,000 
 
 
Campus build out commitments
58,100,000 
 
58,100,000 
 
 
Fixed Rate Note Due 2016 [Member]
 
 
 
 
 
Summarization of principal contractual obligations
 
 
 
 
 
Long-term Debt, Gross
300,000,000 
 
300,000,000 
 
 
Commitments Textuals [Abstract]
 
 
 
 
 
Long-term Debt, Gross
300,000,000 
 
300,000,000 
 
 
Debt Instrument, Interest Rate, Stated Percentage
3.10% 
 
3.10% 
 
 
Fixed Rate Note Due 2021 [Member]
 
 
 
 
 
Summarization of principal contractual obligations
 
 
 
 
 
Long-term Debt, Gross
300,000,000 
 
300,000,000 
 
 
Commitments Textuals [Abstract]
 
 
 
 
 
Long-term Debt, Gross
300,000,000 
 
300,000,000 
 
 
Debt Instrument, Interest Rate, Stated Percentage
4.60% 
 
4.60% 
 
 
Fixed Rate Note Due 2041 [Member]
 
 
 
 
 
Summarization of principal contractual obligations
 
 
 
 
 
Long-term Debt, Gross
400,000,000 
 
400,000,000 
 
 
Commitments Textuals [Abstract]
 
 
 
 
 
Long-term Debt, Gross
$ 400,000,000 
 
$ 400,000,000 
 
 
Debt Instrument, Interest Rate, Stated Percentage
5.95% 
 
5.95% 
 
 
Commitments and Contingencies, Guarantees (Details) (Guarantees and standby letters of credit, USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Guarantees and standby letters of credit
 
 
Guarantor Obligations [Line Items]
 
 
Guarantor obligations, current carrying value
$ 19.5 
$ 19.9 
Subsequent Events (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended 1 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Aug. 8, 2012
Subsequent Event [Member]
RiverBed [Member]
Aug. 8, 2012
Subsequent Event [Member]
Repurchase of Equity [Member]
Subsequent Event [Line Items]
 
 
 
 
 
 
Stock repurchased during period, shares
 
 
 
 
 
6.7 
Stock repurchased during period, value
 
 
 
 
 
$ 118.8 
Common stock average purchase price
 
 
 
 
 
$ 17.73 
Stock Repurchased and Retired During Period, Shares
5.0 
3.9 
7.4 
8.6 
 
5.7 
Stock Repurchase Program, Remaining Authorized Repurchase Amount
 
 
1,100.0 
 
 
949.4 
Cash consideration for license arrangement
 
 
 
 
$ 75.0