Marketable and Other Securities (Tables)

3 Months Ended

Mar. 31, 2024

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 Level	March 31, 2024		December 31, 2023
Cash and cash equivalents
Cash and time deposits		$	10,105	$	8,977
Available-for-sale debt securities
U.S. government and agencies	2	849		211
Corporate debt	2	2,997		1,439
Sovereign debt	2	840		734
Total available-for-sale debt securities – cash equivalents		4,685		2,384
Money market funds	1	2,844		7,491
Total cash and cash equivalents		$	17,635	$	18,853
Marketable debt securities

U.S. government and agencies	2	$	3,459	$	3,495
Corporate debt and other	2	3,808		3,529

Mortgage and asset-backed	2	578		589

Total available-for-sale debt securities – marketable securities		$	7,845	$	7,613
Restricted cash
Cash and cash equivalents		$	293	$	277
Money market funds	1	3,450		2,787
Total restricted cash		$	3,743	$	3,064

Available-for-sale debt securities included above with contractual maturities(a)
Due in one year or less		$	6,137
Due between one and five years		5,641

Total available-for-sale debt securities with contractual maturities		$	11,778

__________

(a)Excludes mortgage and asset-backed securities of $578 million at March 31, 2024 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 Level	March 31, 2024		December 31, 2023
Cash and cash equivalents
Cash and time deposits		$	10,105	$	8,977
Available-for-sale debt securities
U.S. government and agencies	2	849		211
Corporate debt	2	2,997		1,439
Sovereign debt	2	840		734
Total available-for-sale debt securities – cash equivalents		4,685		2,384
Money market funds	1	2,844		7,491
Total cash and cash equivalents		$	17,635	$	18,853
Marketable debt securities

U.S. government and agencies	2	$	3,459	$	3,495
Corporate debt and other	2	3,808		3,529

Mortgage and asset-backed	2	578		589

Total available-for-sale debt securities – marketable securities		$	7,845	$	7,613
Restricted cash
Cash and cash equivalents		$	293	$	277
Money market funds	1	3,450		2,787
Total restricted cash		$	3,743	$	3,064

Available-for-sale debt securities included above with contractual maturities(a)
Due in one year or less		$	6,137
Due between one and five years		5,641

Total available-for-sale debt securities with contractual maturities		$	11,778

__________

(a)Excludes mortgage and asset-backed securities of $578 million at March 31, 2024 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:


	March 31, 2024
Cash and cash equivalents	$	17,635
Restricted cash included in Other current assets	3,260
Restricted cash included in Other assets	483
Total	$	21,378