XML 94 R33.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]  
Investments
The following table summarizes, by major security type, the Company's investments at December 31, 2019 (in millions): 
prv
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Carrying Value
Short-term investments in marketable securities:
 
 
 
 
 
 
 
Debt securities:
 
 
 
 
 
 
 
International government securities
$
109

 
$
—

 
$
—

 
$
109

U.S. government securities
138

 
—

 
—

 
138

Corporate debt securities
751

 
1

 
(1
)
 
751

Total
$
998

 
$
1

 
$
(1
)
 
$
998

 
 
 
 
 
 
 
 
Long-term investments:
 
 
 
 
 
 
 
Investments in marketable securities:
 
 
 
 
 
 
 
  Debt securities:
 
 
 
 
 
 
 
International government securities
$
68

 
$
—

 
$
—

 
$
68

U.S. government securities
136

 
—

 
(1
)
 
135

Corporate debt securities
963

 
2

 
(2
)
 
963

Trip.com Group convertible debt securities
775

 
—

 
(8
)
 
767

  Equity securities
1,117

 
684

 
(8
)
 
1,793

Investments in private companies:
 
 
 
 
 
 
 
  Debt securities
250

 
—

 
—

 
250

  Equity securities
501

 
—

 
—

 
501

Total
$
3,810

 
$
686

 
$
(19
)
 
$
4,477




The following table summarizes, by major security type, the Company's investments at December 31, 2018 (in millions):
 
 
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Carrying Value
Short-term investments in marketable securities:
 
 
 
 
 
 
 
Debt securities:
 
 
 
 
 
 
 
International government securities
$
314

 
$
—

 
$
—

 
$
314

U.S. government securities
658

 
—

 
(2
)
 
656

Corporate debt securities
2,693

 
—

 
(12
)
 
2,681

U.S. government agency securities
1

 
—

 
—

 
1

Commercial paper
7

 
—

 
—

 
7

Time deposits and certificates of deposit
1

 
—

 
—

 
1

Total
$
3,674

 
$
—


$
(14
)

$
3,660

 
 
 
 
 
 
 
 
Long-term investments:
 
 
 
 
 
 
 
Investments in marketable securities:
 
 
 
 
 
 
 
  Debt securities:
 
 
 
 
 
 
 
International government securities
$
797

 
$
3

 
$
—

 
$
800

U.S. government securities
299

 
—

 
(6
)
 
293

Corporate debt securities
4,445

 
4

 
(48
)
 
4,401

Trip.com Group convertible debt securities
1,275

 
—

 
(98
)
 
1,177

  Equity securities
1,105

 
3

 
(72
)
 
1,036

Investments in private companies:
 
 
 
 
 
 
 
  Debt securities
200

 
—

 
—

 
200

  Equity securities
501

 
—

 
—

 
501

Total
$
8,622

 
$
10

 
$
(224
)
 
$
8,408