Marketable and Other Securities (Tables)
|
6 Months Ended |
Jun. 30, 2018 |
|---|
| Marketable Securities [Abstract] |
|
| Available-for-sale Securities |
The following table summarizes the fair value of cash equivalents and marketable debt and equity securities which approximates cost: | | | | | | | | | | | | Fair Value Level | | June 30, 2018 |
| December 31, 2017 | Cash and cash equivalents | | |
|
|
|
| Cash and time deposits(a) | | | $ | 7,248 |
|
| $ | 6,962 |
| Available-for-sale debt securities | | |
|
|
|
| U.S. government and agencies | 2 | | 1,307 |
|
| 750 |
| Corporate debt | 2 | | 1,222 |
|
| 3,032 |
| Sovereign debt | 2 | | 637 |
|
| 1,954 |
| Total available-for-sale debt securities – cash equivalents | | | 3,166 |
|
| 5,736 |
| Money market funds | 1 | | 4,673 |
|
| 2,814 |
| Total cash and cash equivalents | | | $ | 15,087 |
|
| $ | 15,512 |
| Marketable debt securities | | | | |
|
| U.S. government and agencies | 2 | | $ | 2,028 |
|
| $ | 3,310 |
| Corporate debt | 2 | | 3,414 |
|
| 3,665 |
| Mortgage and asset-backed | 2 | | 666 |
|
| 635 |
| Sovereign debt | 2 | | 816 |
|
| 703 |
| Total available-for-sale debt securities – marketable securities | | | $ | 6,924 |
|
| $ | 8,313 |
| Restricted cash | | |
|
|
|
|
| Cash and cash equivalents | | | $ | 205 |
|
| $ | 219 |
| Money market funds | 1 | | 2,479 |
|
| 2,117 |
| Total restricted cash | | | $ | 2,684 |
|
| $ | 2,336 |
| | | | | | | Available-for-sale debt securities included above with contractual maturities(b) | | | | | Due in one year or less | | | $ | 4,741 |
| | | Due between one and five years | | | 4,683 |
| | | Total available-for-sale debt securities with contractual maturities | | | $ | 9,424 |
| | |
__________ | | (a) | Includes $2.0 billion in GM Cruise Cash and cash equivalents and $361 million that is designated exclusively to fund capital expenditures in GM Korea Company (GM Korea). Refer to Note 17 for additional information. |
| | (b) | Excludes mortgage and asset-backed securities. |
|
| Schedule of Fair Value of Cash Equivalents and Marketable Securities |
The following table summarizes the fair value of cash equivalents and marketable debt and equity securities which approximates cost: | | | | | | | | | | | | Fair Value Level | | June 30, 2018 |
| December 31, 2017 | Cash and cash equivalents | | |
|
|
|
| Cash and time deposits(a) | | | $ | 7,248 |
|
| $ | 6,962 |
| Available-for-sale debt securities | | |
|
|
|
| U.S. government and agencies | 2 | | 1,307 |
|
| 750 |
| Corporate debt | 2 | | 1,222 |
|
| 3,032 |
| Sovereign debt | 2 | | 637 |
|
| 1,954 |
| Total available-for-sale debt securities – cash equivalents | | | 3,166 |
|
| 5,736 |
| Money market funds | 1 | | 4,673 |
|
| 2,814 |
| Total cash and cash equivalents | | | $ | 15,087 |
|
| $ | 15,512 |
| Marketable debt securities | | | | |
|
| U.S. government and agencies | 2 | | $ | 2,028 |
|
| $ | 3,310 |
| Corporate debt | 2 | | 3,414 |
|
| 3,665 |
| Mortgage and asset-backed | 2 | | 666 |
|
| 635 |
| Sovereign debt | 2 | | 816 |
|
| 703 |
| Total available-for-sale debt securities – marketable securities | | | $ | 6,924 |
|
| $ | 8,313 |
| Restricted cash | | |
|
|
|
|
| Cash and cash equivalents | | | $ | 205 |
|
| $ | 219 |
| Money market funds | 1 | | 2,479 |
|
| 2,117 |
| Total restricted cash | | | $ | 2,684 |
|
| $ | 2,336 |
| | | | | | | Available-for-sale debt securities included above with contractual maturities(b) | | | | | Due in one year or less | | | $ | 4,741 |
| | | Due between one and five years | | | 4,683 |
| | | Total available-for-sale debt securities with contractual maturities | | | $ | 9,424 |
| | |
__________ | | (a) | Includes $2.0 billion in GM Cruise Cash and cash equivalents and $361 million that is designated exclusively to fund capital expenditures in GM Korea Company (GM Korea). Refer to Note 17 for additional information. |
| | (b) | Excludes mortgage and asset-backed securities. |
|
| Investments Classified by Contractual Maturity Date |
The following table summarizes the fair value of cash equivalents and marketable debt and equity securities which approximates cost: | | | | | | | | | | | | Fair Value Level | | June 30, 2018 |
| December 31, 2017 | Cash and cash equivalents | | |
|
|
|
| Cash and time deposits(a) | | | $ | 7,248 |
|
| $ | 6,962 |
| Available-for-sale debt securities | | |
|
|
|
| U.S. government and agencies | 2 | | 1,307 |
|
| 750 |
| Corporate debt | 2 | | 1,222 |
|
| 3,032 |
| Sovereign debt | 2 | | 637 |
|
| 1,954 |
| Total available-for-sale debt securities – cash equivalents | | | 3,166 |
|
| 5,736 |
| Money market funds | 1 | | 4,673 |
|
| 2,814 |
| Total cash and cash equivalents | | | $ | 15,087 |
|
| $ | 15,512 |
| Marketable debt securities | | | | |
|
| U.S. government and agencies | 2 | | $ | 2,028 |
|
| $ | 3,310 |
| Corporate debt | 2 | | 3,414 |
|
| 3,665 |
| Mortgage and asset-backed | 2 | | 666 |
|
| 635 |
| Sovereign debt | 2 | | 816 |
|
| 703 |
| Total available-for-sale debt securities – marketable securities | | | $ | 6,924 |
|
| $ | 8,313 |
| Restricted cash | | |
|
|
|
|
| Cash and cash equivalents | | | $ | 205 |
|
| $ | 219 |
| Money market funds | 1 | | 2,479 |
|
| 2,117 |
| Total restricted cash | | | $ | 2,684 |
|
| $ | 2,336 |
| | | | | | | Available-for-sale debt securities included above with contractual maturities(b) | | | | | Due in one year or less | | | $ | 4,741 |
| | | Due between one and five years | | | 4,683 |
| | | Total available-for-sale debt securities with contractual maturities | | | $ | 9,424 |
| | |
__________ | | (a) | Includes $2.0 billion in GM Cruise Cash and cash equivalents and $361 million that is designated exclusively to fund capital expenditures in GM Korea Company (GM Korea). Refer to Note 17 for additional information. |
| | (b) | Excludes mortgage and asset-backed securities. |
|
| Reconciliation of Cash, Cash Equivalents and Restricted Cash from Balance Sheet to Statements of Cash Flows |
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheet to the total shown in the condensed consolidated statement of cash flows: | | | | | | June 30, 2018 | Cash and cash equivalents | $ | 15,087 |
| Restricted cash included in Other current assets | 2,153 |
| Restricted cash included in Other assets | 531 |
| Total | $ | 17,771 |
|
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