CASH, CASH EQUIVALENTS, AND INVESTMENTS (Tables)

9 Months Ended

Sep. 30, 2022

Cash and Cash Equivalents [Abstract]

Schedule of Available-For-Sale Securities Reconciliation

The amortized cost, gross unrealized gains and losses, and fair value of cash, cash equivalents, and marketable securities as of September 30, 2022 and December 31, 2021, are as follows (in millions):

	September 30, 2022
	Cost Basis		Unrealized Gains		Unrealized Losses		Fair Value		Cash and Cash Equivalents		Marketable Securities
Cash	$	174	$	—	$	—	$	174	$	174	$	—
Time deposit	201		—		—		201		201		—
Money market funds	952		—		—		952		952		—
Corporate debt securities	145		—		(5)		140		—		140
Commercial paper	15		—		—		15		—		15
Equity securities	11		—		—		11		—		11
Certificates of deposit	9		—		—		9		—		9
Asset-backed securities	3		—		—		3		—		3
Total	$	1,510	$	—	$	(5)	$	1,505	$	1,327	$	178

	December 31, 2021
	Cost Basis		Unrealized Gains		Unrealized Losses		Fair Value		Cash and Cash Equivalents		Marketable Securities
Cash	$	81	$	—	$	—	$	81	$	81	$	—
Money market funds	1,350		—		—		1,350		1,350		—
Time deposit	300		—		—		300		300		—
Corporate debt securities	208		—		(1)		207		—		207
Mutual fund	200		—		—		200		—		200
Equity securities	46		—		—		46		—		46
Commercial paper	15		—		—		15		—		15
Asset-backed securities	7		—		—		7		—		7
Certificates of deposit	5		—		—		5		—		5
Sovereign bonds	4		—		—		4		—		4
Total	$	2,216	$	—	$	(1)	$	2,215	$	1,731	$	484

Schedule of Unrealized Loss on Investments

A summary of debt securities with unrealized losses aggregated by period of continuous unrealized loss is as follows (in millions):

	Less than 12 Months				12 Months or Greater				Total
September 30, 2022	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Money market funds	$	—	$	—	$	—	$	—	$	—	$	—
Corporate debt securities	88		(3)		52		(2)		140		(5)
Commercial paper	15		—		—		—		15		—
Certificates of deposit	6		—		—		—		6		—
Asset-backed securities	1		—		2		—		3		—
Total	$	110	$	(3)	$	54	$	(2)	$	164	$	(5)

	Less than 12 Months				12 Months or Greater				Total
December 31, 2021	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Money market funds	$	259	$	—	$	—	$	—	$	259	$	—
Corporate debt securities	207		(1)		—		—		207		(1)
Commercial paper	15		—		—		—		15		—
Asset-backed securities	7		—		—		—		7		—
Certificates of deposit	5		—		—		—		5		—
Sovereign bonds	4		—		—		—		4		—
Total	$	497	$	(1)	$	—	$	—	$	497	$	(1)

Scheduled Contractual Maturities of Marketable Securities

The scheduled contractual maturities of debt securities as of September 30, 2022 are as follows (in millions):

September 30, 2022	Fair Value		Within 1 Year		After 1 Year through 5 Years
Corporate debt securities	$	140	$	81	$	59
Commercial paper	15		15		—
Certificates of deposit	9		9		—
Asset-backed securities	3		3		—
Total	$	167	$	108	$	59

Schedule of Non- Marketable Equity Securities and Equity Method Investment

A summary of non-marketable equity securities and equity method investment balances as of September 30, 2022 and December 31, 2021 are as follows (in millions):

	September 30, 2022		December 31, 2021
Equity method investments	$	20	$	—
Non-marketable equity securities	5		5
Total	$	25	$	5