XML 45 R29.htm IDEA: XBRL DOCUMENT
v3.23.1

Investments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract] |
Investments On the Consolidated Balance Sheet | Investments on the consolidated balance sheet consisted of the following:
|  | March 31, 2023 |  | December 31, 2022
|  | (in millions)
Available-for-sale securities 1 |  | $ | 271 |  |  | $ | 272 |
Held-to-maturity securities 2 |  | 131 |  |  | 128 |
Total investments |  | $ | 402 |  |  | $ | 400 |
1 See Available-for-Sale Securities section below for further detail. 2 The cost of these securities approximates fair value.
Available-for-Sale Securities | The major classes of the Company’s available-for-sale investment securities and their respective amortized cost basis and fair values were as follows:
|  | March 31, 2023 |  | December 31, 2022
|  | Amortized Cost |  | Gross Unrealized Gain |  | Gross Unrealized Loss |  | Fair Value |  | Amortized Cost |  | Gross Unrealized Gain |  | Gross Unrealized Loss |  | Fair Value
|  | (in millions)
Government and agency securities |  | $ | 96 |  |  | $ | — |  |  | $ | (1) |  |  | $ | 95 |  |  | $ | 91 |  |  | $ | — |  |  | $ | (2) |  |  | $ | 89 |
Corporate securities |  | 179 |  |  | — |  |  | (3) |  |  | 176 |  |  | 187 |  |  | — |  |  | (4) |  |  | 183 |
Total |  | $ | 275 |  |  | $ | — |  |  | $ | (4) |  |  | $ | 271 |  |  | $ | 278 |  |  | $ | — |  |  | $ | (6) |  |  | $ | 272 |
Maturity Distribution Based on Contractual Terms of Investment Securities | The maturity distribution based on the contractual terms of the Company’s available-for-sale investment securities at March 31, 2023 was as follows:
|  | Amortized Cost |  | Fair Value
|  | (in millions)
Due within 1 year |  | $ | 156 |  |  | $ | 155 |
Due after 1 year through 5 years |  | 119 |  |  | 116 |
Total |  | $ | 275 |  |  | $ | 271 |
Equity Investments | The following table is a summary of the activity related to the Company’s equity investments:
|  | Balance at December 31, 2022 |  | Purchases |  | Sales |  | Changes in Fair Value 1 |  | Other 2 |  | Balance at March 31, 2023
|  | (in millions)
Marketable securities |  | $ | 399 |  |  | $ | — |  |  | $ | — |  |  | $ | (66) |  |  | $ | 3 |  |  | $ | 336 |
Nonmarketable securities |  | 1,331 |  |  | 22 |  |  | (44) |  |  | (146) |  |  | 4 |  |  | 1,167 |
Total equity investments |  | $ | 1,730 |  |  | $ | 22 |  |  | $ | (44) |  |  | $ | (212) |  |  | $ | 7 |  |  | $ | 1,503 |
1 Recorded in gains (losses) on equity investments, net on the consolidated statement of operations. 2 Includes translational impact of currency.
Nonmarketable securities | The following table sets forth the components of the Company’s Nonmarketable securities:
|  | March 31, 2023 |  | December 31, 2022
|  | (in millions)
Measurement alternative |  | $ | 958 |  |  | $ | 1,087 |
Equity method |  | 209 |  |  | 244 |
Total Nonmarketable securities |  | $ | 1,167 |  |  | $ | 1,331 |
Carrying Value of Measurement Alternative Investments | The following table summarizes the total carrying value of the Company’s Measurement alternative investments, including cumulative unrealized gains and losses through March 31, 2023:
|  | (in millions)
Initial cost basis |  | $ | 504 |
Cumulative adjustments 1: |  |
Upward adjustments |  | 620 |
Downward adjustments (including impairment) |  | (166) |
Carrying amount, end of period |  | $ | 958 |
1 Includes immaterial translational impact of currency.
Unrealized Gains (Losses) Included in the Carrying Value of Measurement Alternative Investments | The following table summarizes the unrealized gains and losses included in the carrying value of the Company’s Measurement alternative investments and Marketable securities for the three months ended March 31, 2023 and 2022:
|  |  |  | Three Months Ended March 31,
|  |  |  |  |  | 2023 |  | 2022
|  |  |  |  |  | (in millions)
Measurement alternative investments: |  |  |  |  |  |  |  |
Upward adjustments |  |  |  |  |  | $ | — |  |  | $ | 86 |
Downward adjustments (including impairment) |  |  |  |  |  | (133) |  |  | — |
Marketable securities: |  |  |  |  |  |  |  |
Unrealized gains (losses), net |  |  |  |  |  | (66) |  |  | (162) |

X
- Definition Carrying Value of Measurement Alternative Investments + References No definition available. + Details
Name: | ma_CarryingValueOfMeasurementAlternativeInvestmentsTableTextBlock
Namespace Prefix: | ma_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Unrealized Gains (Losses) Included in the Carrying Value of Measurement Alternative Investments + References No definition available. + Details
Name: | ma_UnrealizedGainsLossesIncludedInTheCarryingValueOfMeasurementAlternativeInvestmentsTableTextBlock
Namespace Prefix: | ma_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment in equity security without readily determinable fair value. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 321 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126980263&loc=SL75117539-209714 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 321 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126980263&loc=SL75117539-209714 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 321 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126980263&loc=SL75117539-209714 + Details
Name: | us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. + References No definition available. + Details
Name: | us-gaap_MarketableSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
Name: | us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration