Cash, Cash Equivalents, Restricted Cash And Cash Equivalents And Investments

6 Months Ended

Jun. 30, 2022

4. Cash, cash equivalents, restricted cash and cash equivalents and investments

The composition of cash, cash equivalents, restricted cash and cash equivalents, short-term and long-term investments is as follows:


	June 30,	December 31,
	2022	2021
	(In millions)
Cash and cash equivalents	$ 1,329	$ 2,585
Restricted cash and cash equivalents
Securitization Transactions	$ 310	$ 282
Sovereign Debt Securities (Central Bank of Brazil mandatory guarantee)	135	296
Bank account (Argentine Central Bank regulation)	415	449
Bank account (Chilean Financial Market Commission)	7	21
Time Deposits (Chilean Financial Market Commission)	33	—
Money Market Funds (Secured lines of credit guarantee)	24	15
Total restricted cash and cash equivalents	$ 924	$ 1,063
Total cash, cash equivalents, restricted cash and cash equivalents (*)	$ 2,253	$ 3,648

Short-term investments
Time Deposits	$ 503	$ 16
Sovereign Debt Securities (Central Bank of Brazil mandatory guarantee)	748	602
Sovereign Debt Securities	339	192
Corporate Debt Securities	55	—
Total short-term investments	$ 1,645	$ 810

Long-term investments
Sovereign Debt Securities	$ 385	$ 23
Securitization Transactions (**)	15	13
Equity interest held at cost	56	53
Total long-term investments	$ 456	$ 89

(*) Cash, cash equivalents, restricted cash and cash equivalents as reported in the consolidated statements of cash flow.

(**) Investments from securitization transactions are restricted to the payment of amounts due to third-party investors.