2023 Q4 Form 10-K Financial Statement

#000156440824000019 Filed on February 07, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023
Revenue $1.361B $4.606B
YoY Change 4.74% 0.09%
Cost Of Revenue $621.5M $2.114B
YoY Change 30.81% 16.46%
Gross Profit $739.8M $2.492B
YoY Change -10.29% -10.57%
Gross Profit Margin 54.34% 54.1%
Selling, General & Admin $486.9M $1.980B
YoY Change 0.14% -4.46%
% of Gross Profit 65.81% 79.43%
Research & Development $452.5M $1.911B
YoY Change -17.92% -9.43%
% of Gross Profit 61.16% 76.68%
Depreciation & Amortization $52.34M $168.4M
YoY Change 7.94% -16.68%
% of Gross Profit 7.08% 6.76%
Operating Expenses $988.5M $3.890B
YoY Change -8.29% -6.97%
Operating Profit -$248.7M -$1.398B
YoY Change -1.78% 0.22%
Interest Expense $9.448M $22.02M
YoY Change -60.08% 2.63%
% of Operating Profit
Other Income/Expense, Net -$5.707M -$42.41M
YoY Change -71.92% -0.27%
Pretax Income -$245.0M -$1.294B
YoY Change -13.82% -7.59%
Income Tax $3.275M $28.06M
% Of Pretax Income
Net Earnings -$248.2M -$1.322B
YoY Change -13.94% -7.5%
Net Earnings / Revenue -18.24% -28.71%
Basic Earnings Per Share -$0.82
Diluted Earnings Per Share -$0.15 -$0.82
COMMON SHARES
Basic Shares Outstanding 1.613B shares
Diluted Shares Outstanding 1.613B shares

Balance Sheet

Concept 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.544B $3.544B
YoY Change -10.03% -10.03%
Cash & Equivalents $1.780B
Short-Term Investments $1.764B $1.764B
Other Short-Term Assets $153.6M $153.6M
YoY Change 14.25% 14.25%
Inventory
Prepaid Expenses
Receivables $1.278B $1.278B
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.976B $4.976B
YoY Change -5.34% -5.34%
LONG-TERM ASSETS
Property, Plant & Equipment $410.3M $927.2M
YoY Change 50.98% 44.26%
Goodwill $1.692B
YoY Change 2.78%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $226.6M $226.6M
YoY Change -18.95% 731.18%
Total Long-Term Assets $2.992B $2.992B
YoY Change 7.9% 7.9%
TOTAL ASSETS
Total Short-Term Assets $4.976B $4.976B
Total Long-Term Assets $2.992B $2.992B
Total Assets $7.968B $7.968B
YoY Change -0.77% -0.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $279.0M $279.0M
YoY Change 53.47% 53.47%
Accrued Expenses $805.8M $609.7M
YoY Change -18.38% -30.31%
Deferred Revenue $93.71M
YoY Change 84.53%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.134B $1.134B
YoY Change -6.7% -6.7%
LONG-TERM LIABILITIES
Long-Term Debt $3.749B $3.749B
YoY Change 0.18% 0.18%
Other Long-Term Liabilities $123.8M $670.1M
YoY Change 18.57% 36.56%
Total Long-Term Liabilities $123.8M $4.420B
YoY Change 18.57% 4.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.134B $1.134B
Total Long-Term Liabilities $123.8M $4.420B
Total Liabilities $5.554B $5.554B
YoY Change 1.92% 1.92%
SHAREHOLDERS EQUITY
Retained Earnings -$11.73B
YoY Change 14.8%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.414B $2.414B
YoY Change
Total Liabilities & Shareholders Equity $7.968B $7.968B
YoY Change -0.77% -0.77%

Cashflow Statement

Concept 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$248.2M -$1.322B
YoY Change -13.94% -7.5%
Depreciation, Depletion And Amortization $52.34M $168.4M
YoY Change 7.94% -16.68%
Cash From Operating Activities $164.6M $246.5M
YoY Change 31.39% 33.53%
INVESTING ACTIVITIES
Capital Expenditures $53.73M $211.7M
YoY Change -214.5% 63.74%
Acquisitions $50.25M
YoY Change -25.07%
Other Investing Activities $676.9M $2.779M
YoY Change -1012.37% -84.67%
Cash From Investing Activities $623.2M $571.0M
YoY Change -614.52% -153.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $189.4M
YoY Change -81.08%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -204.7M -$458.8M
YoY Change -59.07% -249.58%
NET CHANGE
Cash From Operating Activities 164.6M $246.5M
Cash From Investing Activities 623.2M $571.0M
Cash From Financing Activities -204.7M -$458.8M
Net Change In Cash 583.1M $358.7M
YoY Change -217.57% -162.82%
FREE CASH FLOW
Cash From Operating Activities $164.6M $246.5M
Capital Expenditures $53.73M $211.7M
Free Cash Flow $110.9M $34.79M
YoY Change -35.61% -37.09%

Facts In Submission

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CY2022 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
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CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1612504000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1608304000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023 us-gaap Net Income Loss
NetIncomeLoss
-1322485000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-1429653000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
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OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
8269000 usd
CY2022 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
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CY2021 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
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CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
12836000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
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CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
21105000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2022Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
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AccountsReceivableNetCurrent
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CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1183092000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
153587000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
134431000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
4975843000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
5256647000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
271777000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
516862000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
370952000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
146303000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
204480000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
1691827000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
1646120000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
226597000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
279562000 usd
CY2023Q4 us-gaap Assets
Assets
7967758000 usd
CY2022Q4 us-gaap Assets
Assets
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CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
278961000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
181774000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
49321000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
46485000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
805836000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
987340000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1134118000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1215599000 usd
CY2023Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
3749400000 usd
CY2022Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
3742520000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
546279000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
386271000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
123849000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
104450000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
5553646000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
5448840000 usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2023Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
479903000 usd
CY2022Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
500514000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
14613404000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
13309828000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-11726536000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-10214657000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
7131000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-13974000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2414112000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2580698000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7967758000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8029538000 usd
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1694696000 shares
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2414112000 usd
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1625398000 shares
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2580698000 usd
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1619283000 shares
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
3790168000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of our consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the consolidated financial statements. Management’s estimates are based on historical information available as of the date of the consolidated financial statements and various other assumptions that we believe are reasonable under the circumstances. Actual results could differ from those estimates.</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Key estimates relate primarily to determining the fair value of assets and liabilities assumed in business combinations, evaluation of contingencies, uncertain tax positions, and the fair value of strategic investments. On an ongoing basis, management evaluates our estimates compared to historical experience and trends, which form the basis for making judgments about the carrying value of assets and liabilities.</span></div>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:18pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-top:6pt;text-align:justify;text-indent:36pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject us to significant concentrations of credit risk consist principally of cash, cash equivalents, marketable securities, and accounts receivable. We maintain cash deposits, cash equivalent balances, and marketable securities with several financial institutions. Cash and cash equivalents may be withdrawn or redeemed on demand. We believe that the financial institutions that hold our cash and cash equivalents are financially sound and, accordingly, minimal credit risk exists with respect to these balances. We also maintain investments in U.S. government debt and agency securities, publicly traded equity securities, corporate debt securities, certificates of deposit, and commercial paper that carry high credit ratings and accordingly, minimal credit risk exists with respect to these balances.</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We extend credit to our customers based on an evaluation of their ability to pay amounts due under contractual arrangement and generally do not obtain or require collateral.</span></div>
CY2023 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
675000000 usd
CY2022 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
681900000 usd
CY2021 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
679000000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
24900000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
42700000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
62400000 usd
CY2022Q3 us-gaap Share Price
SharePrice
40
CY2022Q3 snap Common Stock Convertible Threshold Trading Days
CommonStockConvertibleThresholdTradingDays
65 d
CY2023Q2 us-gaap Share Price
SharePrice
40
CY2023Q2 snap Common Stock Convertible Threshold Trading Days
CommonStockConvertibleThresholdTradingDays
90 d
CY2023Q2 snap Common Stock Convertible Volume Weighted Average Price Per Share
CommonStockConvertibleVolumeWeightedAveragePricePerShare
8.70
CY2023Q2 snap Common Stock Convertible Volume Weighted Average Price Per Share Sp500 Total Return Index
CommonStockConvertibleVolumeWeightedAveragePricePerShareSP500TotalReturnIndex
8862.85
CY2023 snap Income Tax Examination Likelihood Of Unfavorable Settlement Percentage
IncomeTaxExaminationLikelihoodOfUnfavorableSettlementPercentage
0.50
CY2023Q4 us-gaap Maturity Of Time Deposits
MaturityOfTimeDeposits
P90D
CY2022Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
5900000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
69400000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4606115000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4601847000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4117048000 usd
CY2023Q4 snap Number Of Classes Of Stock
NumberOfClassesOfStock
3 class
CY2023Q4 snap Share Based Compensation Arrangement By Share Based Payment Award Number Of Share Based Employee Compensation Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfShareBasedEmployeeCompensationPlans
3 plan
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.41
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
36.17
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1100000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
3200000 usd
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
7700000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
12300000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1324004000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1387787000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1092135000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
1588452000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
69291000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-11623000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
1646120000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
42780000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
2927000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
1691827000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
369431000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
223128000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
146303000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
408502000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
204022000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
204480000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
81100000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
132300000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
63200000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
58532000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
42513000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
20776000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
12104000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4323000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
8055000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
146303000 usd
CY2023Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
3772587000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
23187000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
3749400000 usd
CY2022Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
3772587000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
30067000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
3742520000 usd
CY2023Q4 us-gaap Contractual Obligation
ContractualObligation
3000000000 usd
CY2023 snap Contractual Obligation Maturity
ContractualObligationMaturity
P3Y
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
101000000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
109500000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
69800000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y9M18D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.061
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
86440000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
72225000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
84100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
75521000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
72890000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
432152000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
823328000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
227728000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
595600000 usd
CY2023Q4 snap Lessee Operating Lease Lease Not Yet Commenced Lease Obligations Incurred
LesseeOperatingLeaseLeaseNotYetCommencedLeaseObligationsIncurred
70700000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
97700000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
94900000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
73900000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
220200000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
147400000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
99300000 usd
CY2023Q4 snap Equity Securities Without Readily Determinable Fair Value Initial Cost
EquitySecuritiesWithoutReadilyDeterminableFairValueInitialCost
106368000 usd
CY2022Q4 snap Equity Securities Without Readily Determinable Fair Value Initial Cost
EquitySecuritiesWithoutReadilyDeterminableFairValueInitialCost
125564000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
147317000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
157186000 usd
CY2023Q4 snap Equity Securities Without Readily Determinable Fair Value Downward Price Adjustment And Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueDownwardPriceAdjustmentAndImpairmentLossCumulativeAmount
58357000 usd
CY2022Q4 snap Equity Securities Without Readily Determinable Fair Value Downward Price Adjustment And Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueDownwardPriceAdjustmentAndImpairmentLossCumulativeAmount
30411000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
195328000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
252339000 usd
CY2023 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
0 usd
CY2022 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
45935000 usd
CY2021 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
27820000 usd
CY2023 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
1368000 usd
CY2022 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
19946000 usd
CY2021 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
145010000 usd
CY2023 snap Unrealized Gain Loss On Investments Including Impairment
UnrealizedGainLossOnInvestmentsIncludingImpairment
-28423000 usd
CY2022 snap Unrealized Gain Loss On Investments Including Impairment
UnrealizedGainLossOnInvestmentsIncludingImpairment
-1421000 usd
CY2021 snap Unrealized Gain Loss On Investments Including Impairment
UnrealizedGainLossOnInvestmentsIncludingImpairment
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