Marketable and Other Securities (Tables)

3 Months Ended

Mar. 31, 2022

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, 2022		December 31, 2021
Cash and cash equivalents
Cash and time deposits		$	6,979	$	7,881
Available-for-sale debt securities
U.S. government and agencies	2	630		722
Corporate debt	2	4,439		5,321
Sovereign debt	2	1,186		2,105
Total available-for-sale debt securities – cash equivalents		6,255		8,148
Money market funds	1	3,114		4,038
Total cash and cash equivalents(a)		$	16,349	$	20,067
Marketable debt securities

U.S. government and agencies	2	$	2,844	$	2,071
Corporate debt	2	3,630		3,396
Mortgage and asset-backed	2	600		575
Sovereign debt	2	2,833		2,567
Total available-for-sale debt securities – marketable securities(b)		$	9,907	$	8,609
Restricted cash
Cash and cash equivalents		$	374	$	466
Money market funds	1	3,255		3,009
Total restricted cash		$	3,629	$	3,475

Available-for-sale debt securities included above with contractual maturities(c)
Due in one year or less		$	10,681
Due between one and five years		4,831
Total available-for-sale debt securities with contractual maturities		$	15,512

__________

(a)Includes $2.6 billion and $1.6 billion in Cruise at March 31, 2022 and December 31, 2021.

(b)Includes $1.5 billion in Cruise at March 31, 2022 and December 31, 2021.

(c)Excludes mortgage and asset-backed securities of $600 million at March 31, 2022 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, 2022		December 31, 2021
Cash and cash equivalents
Cash and time deposits		$	6,979	$	7,881
Available-for-sale debt securities
U.S. government and agencies	2	630		722
Corporate debt	2	4,439		5,321
Sovereign debt	2	1,186		2,105
Total available-for-sale debt securities – cash equivalents		6,255		8,148
Money market funds	1	3,114		4,038
Total cash and cash equivalents(a)		$	16,349	$	20,067
Marketable debt securities

U.S. government and agencies	2	$	2,844	$	2,071
Corporate debt	2	3,630		3,396
Mortgage and asset-backed	2	600		575
Sovereign debt	2	2,833		2,567
Total available-for-sale debt securities – marketable securities(b)		$	9,907	$	8,609
Restricted cash
Cash and cash equivalents		$	374	$	466
Money market funds	1	3,255		3,009
Total restricted cash		$	3,629	$	3,475

Available-for-sale debt securities included above with contractual maturities(c)
Due in one year or less		$	10,681
Due between one and five years		4,831
Total available-for-sale debt securities with contractual maturities		$	15,512

__________

(a)Includes $2.6 billion and $1.6 billion in Cruise at March 31, 2022 and December 31, 2021.

(b)Includes $1.5 billion in Cruise at March 31, 2022 and December 31, 2021.

(c)Excludes mortgage and asset-backed securities of $600 million at March 31, 2022 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 sheets to the total shown in the condensed consolidated statement of cash flows:


	March 31, 2022
Cash and cash equivalents	$	16,349
Restricted cash included in Other current assets	3,127
Restricted cash included in Other assets	503
Total	$	19,978