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Fair Value (Tables)
9 Months Ended
Sep. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table sets forth, by level within the fair value hierarchy, the financial assets and liabilities recorded at fair value on a recurring basis as of September 30, 2023 and December 31, 2022 (in millions):

 

 

 

September 30,
2023

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Investments in equity securities

 

$

63

 

 

$

63

 

 

$

 

 

$

 

Available-for-sale debt securities

 

 

173

 

 

 

 

 

 

173

 

 

 

 

Trading securities

 

 

4

 

 

 

 

 

 

4

 

 

 

 

Total assets

 

$

240

 

 

$

63

 

 

$

177

 

 

$

 

 

 

 

 

December 31,
2022

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Investments in equity securities

 

$

107

 

 

$

107

 

 

$

 

 

$

 

Available-for-sale debt securities

 

 

179

 

 

 

 

 

 

179

 

 

 

 

Trading securities

 

 

5

 

 

 

 

 

 

5

 

 

 

 

Total assets

 

$

291

 

 

$

107

 

 

$

184

 

 

$