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CASH, CASH EQUIVALENTS, RESTRICTED CASH AND CASH EQUIVALENTS AND INVESTMENTS
 6 Months Ended
Jun. 30, 2025
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, 2025December 31, 2024
(In millions)
Cash in bank accounts$1,205 $1,725 
Money market947 572 
Time deposits851 334 
Foreign government debt securities5 4 
Total cash and cash equivalents3,008 2,635 
Securitization transactions (1)
371 492 
Foreign government debt securities (Central Bank of Brazil mandatory guarantee)
— 469 
Cash in bank accounts (Central Bank of Brazil mandatory guarantee)
2,253 — 
Cash in bank accounts (Argentine Central Bank mandatory guarantee)
427 471 
Cash in bank accounts (Mexican National Banking and Securities Commission mandatory guarantee)
79 149 
Time deposits (Mexican National Banking and Securities Commission mandatory guarantee)
530 297 
Cash in bank accounts (Chilean Commission for the Financial Market mandatory guarantee)
175 130 
Time deposits (Chilean Commission for the Financial Market mandatory guarantee)
39 39 
Money market (Secured lines of credit guarantee)— 14 
Time deposits (Central Bank of Uruguay mandatory guarantee)
— 3 
Foreign government debt securities (Central Bank of Uruguay mandatory guarantee)
6 — 
Total restricted cash and cash equivalents3,880 2,064 
Total cash, cash equivalents, restricted cash and cash equivalents (2)
$6,888 $4,699 
U.S. government debt securities$780 $619 
Foreign government debt securities (3)
3,625 3,619 
Time deposits (4)
153 160 
Corporate debt securities (5)
76 87 
Total short-term investments$4,634 $4,485 
U.S. government debt securities$479 $468 
Foreign government debt securities (5) (6)
625 483 
Securitization transactions (1)
12 12 
Corporate debt securities205 175 
Equity securities held at cost67 65 
Total long-term investments$1,388 $1,203 
(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, 2025 and December 31, 2024, includes $3,581 million and $3,370 million, respectively, considered restricted due to the Central Bank of Brazil's mandatory guarantee. Also, December 31, 2024, includes $5 million considered restricted, that guarantees a line of credit. As of June 30, 2025 and December 31, 2024, includes $13 million and $17 million, respectively, considered restricted due to the Central Bank of Uruguay’s mandatory guarantee.
(4) As of June 30, 2025 and December 31, 2024, includes $75 million and $42 million, respectively, of collateral as part of credit card scheme arrangement rules in Brazil, and is considered restricted.
(5) Includes investments held by a consolidated VIE, in which the Company has determined that it has both the power to direct the activities of the entity that most significantly impact the entity’s performance and the obligation to absorb losses or the right to receive benefits of the entity. As of June 30, 2025 and December 31, 2024, includes $348 million and $337 million, of foreign government debt securities, respectively. Also, as of December 31, 2024, includes $1 million of corporate debt securities.
(6) As of June 30, 2025 and December 31, 2024, includes $5 million and $2 million, respectively, of foreign government debt securities considered restricted due to the Brazilian stock market's mandatory guarantee to operate with futures contracts.