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Marketable and Other Securities
 3 Months Ended
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

 
 

__________
(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