Marketable and Other Securities (Tables)

3 Months Ended

Mar. 31, 2024

Marketable Securities [Abstract]

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, 2024		December 31, 2023
Cash and cash equivalents
Cash and time deposits		$	10,105	$	8,977
Available-for-sale debt securities
U.S. government and agencies	2	849		211
Corporate debt	2	2,997		1,439
Sovereign debt	2	840		734
Total available-for-sale debt securities – cash equivalents		4,685		2,384
Money market funds	1	2,844		7,491
Total cash and cash equivalents		$	17,635	$	18,853
Marketable debt securities
U.S. government and agencies	2	$	3,459	$	3,495
Corporate debt and other	2	3,808		3,529
Mortgage and asset-backed	2	578		589
Total available-for-sale debt securities – marketable securities		$	7,845	$	7,613
Restricted cash
Cash and cash equivalents		$	293	$	277
Money market funds	1	3,450		2,787
Total restricted cash		$	3,743	$	3,064
Available-for-sale debt securities included above with contractual maturities(a)
Due in one year or less		$	6,137
Due between one and five years		5,641
Total available-for-sale debt securities with contractual maturities		$	11,778

__________

(a)Excludes mortgage and asset-backed securities of $578 million at March 31, 2024 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, 2024		December 31, 2023
Cash and cash equivalents
Cash and time deposits		$	10,105	$	8,977
Available-for-sale debt securities
U.S. government and agencies	2	849		211
Corporate debt	2	2,997		1,439
Sovereign debt	2	840		734
Total available-for-sale debt securities – cash equivalents		4,685		2,384
Money market funds	1	2,844		7,491
Total cash and cash equivalents		$	17,635	$	18,853
Marketable debt securities
U.S. government and agencies	2	$	3,459	$	3,495
Corporate debt and other	2	3,808		3,529
Mortgage and asset-backed	2	578		589
Total available-for-sale debt securities – marketable securities		$	7,845	$	7,613
Restricted cash
Cash and cash equivalents		$	293	$	277
Money market funds	1	3,450		2,787
Total restricted cash		$	3,743	$	3,064
Available-for-sale debt securities included above with contractual maturities(a)
Due in one year or less		$	6,137
Due between one and five years		5,641
Total available-for-sale debt securities with contractual maturities		$	11,778

__________

(a)Excludes mortgage and asset-backed securities of $578 million at March 31, 2024 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 sheet to the total shown in the condensed consolidated statement of cash flows:

	March 31, 2024
Cash and cash equivalents	$	17,635
Restricted cash included in Other current assets	3,260
Restricted cash included in Other assets	483
Total	$	21,378