v3.20.2
Marketable and Other Securities (Tables)
 6 Months Ended
Jun. 30, 2020
Marketable Securities [Abstract]  
Schedule of Fair Value of Cash Equivalents and Marketable Securities
The following table summarizes the fair value of cash equivalents and marketable debt securities, which approximates cost:
Fair Value LevelJune 30, 2020December 31, 2019
Cash and cash equivalents
Cash and time deposits(a)$13,203  $6,828  
Available-for-sale debt securities
U.S. government and agencies
23,879  1,484  
Corporate debt
23,318  5,863  
Sovereign debt
22,250  2,123  
Total available-for-sale debt securities – cash equivalents9,447  9,470  
Money market funds15,578  2,771  
Total cash and cash equivalents(b)$28,228  $19,069  
Marketable debt securities
U.S. government and agencies(c)
2$3,435  $226  
Corporate debt
23,552  2,932  
Mortgage and asset-backed
2641  681  
Sovereign debt
21,626  335  
Total available-for-sale debt securities – marketable securities(d)$9,254  $4,174  
Restricted cash
Cash and cash equivalents
$267  $292  
Money market funds
14,145  3,582  
Total restricted cash
$4,412  $3,874  
Available-for-sale debt securities included above with contractual maturities(e)
Due in one year or less
$15,333  
Due between one and five years
2,727  
Total available-for-sale debt securities with contractual maturities
$18,060  
__________
(a)Includes $248 million designated exclusively to fund capital expenditures in GM Korea Company (GM Korea) at December 31, 2019. No amount was designated exclusively to fund GM Korea capital expenditures at June 30, 2020.
(b)Includes $1.2 billion and $2.3 billion in Cruise at June 30, 2020 and December 31, 2019.
(c)Includes $505 million of marketable debt securities pending cash settlement at June 30, 2020.
(d)Includes $960 million and $266 million in Cruise at June 30, 2020 and December 31, 2019.
(e)Excludes mortgage- and asset-backed securities of $641 million at June 30, 2020 as these securities are not due at a single maturity date.
Investments Classified by Contractual Maturity Date
The following table summarizes the fair value of cash equivalents and marketable debt securities, which approximates cost:
Fair Value LevelJune 30, 2020December 31, 2019
Cash and cash equivalents
Cash and time deposits(a)$13,203  $6,828  
Available-for-sale debt securities
U.S. government and agencies
23,879  1,484  
Corporate debt
23,318  5,863  
Sovereign debt
22,250  2,123  
Total available-for-sale debt securities – cash equivalents9,447  9,470  
Money market funds15,578  2,771  
Total cash and cash equivalents(b)$28,228  $19,069  
Marketable debt securities
U.S. government and agencies(c)
2$3,435  $226  
Corporate debt
23,552  2,932  
Mortgage and asset-backed
2641  681  
Sovereign debt
21,626  335  
Total available-for-sale debt securities – marketable securities(d)$9,254  $4,174  
Restricted cash
Cash and cash equivalents
$267  $292  
Money market funds
14,145  3,582  
Total restricted cash
$4,412  $3,874  
Available-for-sale debt securities included above with contractual maturities(e)
Due in one year or less
$15,333  
Due between one and five years
2,727  
Total available-for-sale debt securities with contractual maturities
$18,060  
__________
(a)Includes $248 million designated exclusively to fund capital expenditures in GM Korea Company (GM Korea) at December 31, 2019. No amount was designated exclusively to fund GM Korea capital expenditures at June 30, 2020.
(b)Includes $1.2 billion and $2.3 billion in Cruise at June 30, 2020 and December 31, 2019.
(c)Includes $505 million of marketable debt securities pending cash settlement at June 30, 2020.
(d)Includes $960 million and $266 million in Cruise at June 30, 2020 and December 31, 2019.
(e)Excludes mortgage- and asset-backed securities of $641 million at June 30, 2020 as these securities are not due at a single maturity date.
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, 2020
Cash and cash equivalents$28,228  
Restricted cash included in Other current assets3,930  
Restricted cash included in Other assets482  
Total
$32,640