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Marketable and Other Securities | 3 Months Ended
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Mar. 31, 2020
Marketable Securities [Abstract] |
Marketable and Other Securities | Marketable and Other Securities The following table summarizes the fair value of cash equivalents and marketable debt securities, which approximates cost:
| Fair Value Level |  | March 31, 2020 |  | December 31, 2019
Cash and cash equivalents |  |  |  |  |  |
Cash and time deposits(a) |  |  | $ | 11,965 |  |  | $ | 6,828 |
Available-for-sale debt securities |  |  |  |  |  |
U.S. government and agencies | 2 |  | 5,011 |  |  | 1,484 |
Corporate debt | 2 |  | 7,660 |  |  | 5,863 |
Sovereign debt | 2 |  | 1,675 |  |  | 2,123 |
Total available-for-sale debt securities – cash equivalents |  |  | 14,346 |  |  | 9,470 |
Money market funds | 1 |  | 12,195 |  |  | 2,771 |
Total cash and cash equivalents(b) |  |  | $ | 38,506 |  |  | $ | 19,069 |
Marketable debt securities |  |  |  |  |  |
U.S. government and agencies | 2 |  | $ | 1,810 |  |  | $ | 226 |
Corporate debt | 2 |  | 3,104 |  |  | 2,932 |
Mortgage and asset-backed | 2 |  | 667 |  |  | 681 |
Sovereign debt | 2 |  | 2,039 |  |  | 335 |
Total available-for-sale debt securities – marketable securities(c) |  |  | $ | 7,620 |  |  | $ | 4,174 |
Restricted cash |  |  |  |  |
Cash and cash equivalents |  |  | $ | 239 |  |  | $ | 292 |
Money market funds | 1 |  | 2,421 |  |  | 3,582 |
Total restricted cash |  |  | $ | 2,660 |  |  | $ | 3,874 |
Available-for-sale debt securities included above with contractual maturities(d) |  |  |  |
Due in one year or less |  |  | $ | 18,605 |  |  |
Due between one and five years |  |  | 2,694 |  |  |
Total available-for-sale debt securities with contractual maturities |  |  | $ | 21,299 |  |  |
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(a) | Includes an insignificant amount and $248 million that is designated exclusively to fund capital expenditures in GM Korea Company (GM Korea) at March 31, 2020 and December 31, 2019.
(b) | Includes $1.5 billion and $2.3 billion in Cruise at March 31, 2020 and December 31, 2019.
(c) | Includes $877 million and $266 million in Cruise at March 31, 2020 and December 31, 2019.
(d) | Excludes mortgage- and asset-backed securities of $667 million at March 31, 2020 as these securities are not due at a single maturity date.
Proceeds from the sale of available-for-sale debt investments sold prior to maturity were $366 million and $611 million in the three months ended March 31, 2020 and 2019. Net unrealized gains and losses on available-for-sale debt securities were insignificant in the three months ended March 31, 2020 and 2019. Cumulative unrealized gains and losses on available-for-sale debt securities were insignificant at March 31, 2020 and December 31, 2019. Our remaining investment in Lyft, Inc. (Lyft) was measured at fair value using Lyft’s quoted market price, a Level 1 input. The fair value of this investment included in Other current assets was insignificant and $535 million at March 31, 2020 and December 31, 2019. We liquidated the vast majority of our shares in Lyft in the three months ended March 31, 2020. We recorded an unrealized loss of an insignificant amount and an unrealized gain of $285 million in Interest income and other non-operating income, net in the three months ended March 31, 2020 and 2019. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheet to the total shown in the condensed consolidated statement of cash flows:
| March 31, 2020
Cash and cash equivalents | $ | 38,506 |
Restricted cash included in Other current assets | 2,175 |
Restricted cash included in Other assets | 485 |
Total | $ | 41,166 |

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- Definition The entire disclosure of cash, cash equivalents, and debt and equity securities, including any unrealized or realized gain (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 + Details
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