XML 26 R15.htm IDEA: XBRL DOCUMENT v3.23.1
Marketable Securities
 3 Months Ended
Mar. 31, 2023
Debt Securities, Available-for-Sale [Abstract]  
Marketable Securities Marketable Securities
The Company invests in asset-backed securities, certificates of deposit/time deposits, commercial paper, and other securities. The following is a summary of amounts recorded on the Consolidated Balance Sheet for marketable securities (current and non-current).
(Millions)March 31, 2023December 31, 2022
Commercial paper $85 $213 
Certificates of deposit/time deposits 56 21 
U.S. treasury securities — — 
U.S. municipal securities4 4 
Current marketable securities145 238 
U.S. municipal securities 23 23 
Non-current marketable securities23 23 
Total marketable securities$168 $261 
At March 31, 2023 and December 31, 2022, gross unrealized, gross realized, and net realized gains and/or losses (pre-tax) were not material.
The balances at March 31, 2023 for marketable securities by contractual maturity are shown below. Actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties.
(Millions) March 31, 2023
Due in one year or less $145 
Due after one year through five years 15 
Due after five years through ten years 8 
Total marketable securities $168