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Fair Value Measurements
 9 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Fair Value Measurements FAIR VALUE MEASUREMENTS
Our policies for managing risk related to foreign currency, interest rates, credit and markets and our process for determining fair value have not changed from those described in our Annual Report on Form 10-K for 2018.
There were no significant transfers into or out of any level in 2019.
Assets Measured at Fair Value
September
December
2019
2018
Cash and cash equivalents
$
1,948

$
3,616

Trading marketable securities
139

118

Level 1 - Assets
$
2,087

$
3,734

Available-for-sale marketable securities:
 
 
Corporate and asset-backed debt securities
$
36

$
38

United States agency debt securities
3

11

United States Treasury debt securities
40

23

Certificates of deposit
9

11

Total available-for-sale marketable securities
$
88

$
83

Foreign currency exchange forward contracts
240

77

Level 2 - Assets
$
328

$
160

Total assets measured at fair value
$
2,415

$
3,894


Liabilities Measured at Fair Value
September
December
2019
2018
Deferred compensation arrangements
$
139

$
118

Level 1 - Liabilities
$
139

$
118

Foreign currency exchange forward contracts
$
20

$
20

Interest rate swap liability
$
14

$
—

Level 2 - Liabilities
$
34

$
20

Contingent consideration:
 
 
Beginning
$
117

$
32

Additions
166

77

Change in estimate
(11
)
15

Settlements
(17
)
(7
)
Ending
$
255

$
117

Level 3 - Liabilities
$
255

$
117

Total liabilities measured at fair value
$
428

$
255


Fair Value of Available for Sale Securities by Maturity
 
September 2019
December 2018
Due in one year or less
$
44

$
51

Due after one year through three years
$
44

$
32


On September 30, 2019 and December 31, 2018 the aggregate difference between the cost and fair value of available-for-sale marketable securities was nominal. Interest and marketable securities income recorded in other income (expense), net, was $36 and $29 in the three months and was $109 and $79 in the nine months 2019 and 2018.
Our investments in available-for-sale marketable securities had a minimum credit quality rating of A2 (Moody's), A (Standard & Poor's) and A (Fitch). We do not plan to sell the investments, and it is not more likely than not that we will be required to sell the investments before recovery of their amortized cost basis, which may be maturity. We do not consider these investments to be other-than-temporarily impaired on September 30, 2019. On September 30, 2019 the majority of our investments with unrealized losses that were not deemed to be other-than-temporarily impaired were in a continuous unrealized loss position for less than twelve months, and the losses were not material.
Securities in a Continuous Unrealized Loss Position
 
Number of Investments
Fair Value
Corporate and asset-backed
4
$
1

United States agency
1
1

United States Treasury
5
10

Total
10
$
12