Investments

9 Months Ended

Sep. 30, 2021

Our investments, which are recorded in Short-term and other investments or Investments, consisted of the following:


	September 30 2021	December 31 2020
Equity method investments (1)	$928	$936
Time deposits	9,685	17,154
Available for sale debt instruments	490	596
Equity and other investments	35	85
Restricted cash & cash equivalents(2)	56	83
Total	$11,194	$18,854

(1)Dividends received were $52 and $9 for the nine and three months ended September 30, 2021 and $58 and $5 during the same periods in the prior year. During the third quarter of 2021, Boeing and AE Industrial Partners announced a strategic partnership to establish a dedicated aerospace venture fund. This transaction resulted in the deconsolidation of HorizonX and generated a gain of $117 which is included in Income from operating investments, net.

(2)Reflects amounts restricted in support of our property sales, workers’ compensation programs, employee benefit programs, and insurance premiums.

Allowance for losses on available for sale debt instruments are assessed quarterly. All instruments are considered investment grade and, as such, we have not recognized an allowance for credit losses as of September 30, 2021.