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INVESTMENTS (Tables) | 6 Months Ended
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Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract] |
Investments by Major Security Type | The following table summarizes the Company's investments by major security type at June 30, 2022 (in millions):
|  | Cost |  | Gross Unrealized Gains /Upward Adjustments |  | Gross Unrealized Losses /Downward Adjustments |  | Carrying Value
Short-term investments: |  |  |  |  |  |  |  |
Debt securities |  | $ | 25 |  |  | $ | — |  |  | $ | — |  |  | $ | 25 |
Long-term investments: |  |  |  |  |  |  |  |
Equity securities of private companies |  | $ | 78 |  |  | $ | 259 |  |  | $ | (184) |  |  | $ | 153 |
Equity securities with readily determinable fair values |  | 1,165 |  |  | 1,543 |  |  | (480) |  |  | 2,228 |
Total |  | $ | 1,243 |  |  | $ | 1,802 |  |  | $ | (664) |  |  | $ | 2,381 |
The following table summarizes the Company's investments by major security type at December 31, 2021 (in millions):
|  | Cost |  | Gross Unrealized Gains/Upward Adjustments |  | Gross Unrealized Losses/Downward Adjustments |  | Carrying Value
Short-term investments: |  |  |  |  |  |  |  |
Debt securities |  | $ | 25 |  |  | $ | — |  |  | $ | — |  |  | $ | 25 |
Long-term investments: |  |  |  |  |  |  |  |
Equity securities of private companies |  | $ | 66 |  |  | $ | 259 |  |  | $ | — |  |  | $ | 325 |
Equity securities with readily determinable fair values |  | 1,165 |  |  | 1,990 |  |  | (305) |  |  | 2,850 |
Total |  | $ | 1,231 |  |  | $ | 2,249 |  |  | $ | (305) |  |  | $ | 3,175 |
Net unrealized gains (losses) on certain investments | Net unrealized gains (losses) related to these investments for the three and six months ended June 30, 2022 and 2021 were as follow (in millions):
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Meituan (1) |  | $ | 393 |  |  | $ | 234 |  |  | $ | (335) |  |  | $ | 263 |
DiDi (1) |  | 18 |  |  | 155 |  |  | (79) |  |  | 155 |
Grab (2) |  | (41) |  |  | 126 |  |  | (194) |  |  | 126 |
(1) Included in "Other income (expense), net" in the Unaudited Consolidated Statements of Operations. (2) Net unrealized losses for the three and six months ended June 30, 2022 are included in "Other income (expense), net" in the Unaudited Consolidated Statements of Operations and net unrealized gains for the three and six months ended June 30, 2021 are included in Net unrealized gains on available-for-sale securities in the Unaudited Consolidated Statements of Comprehensive Income (Loss).

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- Definition Tabular disclosure of investment. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 325 -URI http://asc.fasb.org/topic&trid=2197064 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 321 -URI http://asc.fasb.org/topic&trid=75115024 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI http://asc.fasb.org/topic&trid=2196965 + Details
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