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CASH, CASH EQUIVALENTS, RESTRICTED CASH AND CASH EQUIVALENTS AND INVESTMENTS
 6 Months Ended
Jun. 30, 2024
Cash and Cash Equivalents [Abstract]  
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND CASH EQUIVALENTS AND INVESTMENTS CASH, CASH EQUIVALENTS, RESTRICTED CASH AND CASH EQUIVALENTS AND INVESTMENTS
The composition of cash, cash equivalents, restricted cash and cash equivalents, short-term and long-term investments is as follows:

June 30, 2024December 31, 2023
(In millions)
Cash in bank accounts$1,645 $1,458 
Money market822 639 
Time deposits252 367 
U.S. government debt securities99 60 
Foreign government debt securities— 32 
Total cash and cash equivalents2,818 2,556 
Securitization transactions (1)
226 355 
Foreign government debt securities (Central Bank of Brazil mandatory guarantee)
— 114 
Cash in bank accounts (Argentine Central Bank regulation)
298 309 
Cash in bank accounts (Mexican National Banking and Securities Commission regulation)
69 91 
Time deposits (Mexican National Banking and Securities Commission regulation)
292 314 
Cash in bank accounts (Chilean Commission for the Financial Market regulation)
70 42 
Time deposits (Chilean Commission for the Financial Market regulation)
39 54 
Money market (Secured lines of credit guarantee)3 7 
Cash in bank accounts (Central Bank of Uruguay mandatory guarantee)
1 1 
Time deposits (Central Bank of Uruguay mandatory guarantee)
4 1 
Money market (Central Bank of Uruguay mandatory guarantee)
2 2 
Foreign government debt securities (Central Bank of Uruguay mandatory guarantee)
1 2 
Total restricted cash and cash equivalents1,005 1,292 
Total cash, cash equivalents, restricted cash and cash equivalents (2)
$3,823 $3,848 
U.S. government debt securities$911 $1,009 
Foreign government debt securities (3)
2,977 2,451 
Time deposits (4)
101 15 
Corporate debt securities84 5 
Total short-term investments$4,073 $3,480 
U.S. government debt securities$119 $— 
Foreign government debt securities
50 56 
Securitization transactions (1)
18 23 
Corporate debt securities169 25 
Equity securities held at cost60 58 
Total long-term investments$416 $162 
(1) Cash, cash equivalents and investments from securitization transactions are restricted to the payment of amounts due to third-party investors.
(2) Cash, cash equivalents, restricted cash and cash equivalents as reported in the interim condensed consolidated statements of cash flows.
(3) As of June 30, 2024 and December 31, 2023, includes $2,756 million and $2,283 million, respectively, considered restricted due to the Central Bank of Brazil’s mandatory guarantee. Also, as of June 30, 2024 and December 31, 2023, includes $6 million that guarantees a line of credit and is considered restricted. As of June 30, 2024, includes $8 million considered restricted due to the Central Bank of Uruguay’s mandatory guarantee.
(4) As of June 30, 2024, includes $32 million of collateral as part of card scheme arrangement rules in Brazil, and is considered restricted.