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Marketable and Other Securities | 9 Months Ended
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Sep. 30, 2022
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 |  | September 30, 2022 |  | December 31, 2021
Cash and cash equivalents |  |  |  |  |
Cash and time deposits |  |  | $ | 9,315 |  |  | $ | 7,881 |
Available-for-sale debt securities |  |  |  |  |
U.S. government and agencies | 2 |  | 788 |  |  | 722 |
Corporate debt | 2 |  | 3,974 |  |  | 5,321 |
Sovereign debt | 2 |  | 1,169 |  |  | 2,105 |
Total available-for-sale debt securities – cash equivalents |  |  | 5,931 |  |  | 8,148 |
Money market funds | 1 |  | 5,499 |  |  | 4,038 |
Total cash and cash equivalents(a) |  |  | $ | 20,745 |  |  | $ | 20,067 |
Marketable debt securities |  |  |  |  |
U.S. government and agencies | 2 |  | $ | 2,856 |  |  | $ | 2,071 |
Corporate debt | 2 |  | 3,646 |  |  | 3,396 |
Mortgage and asset-backed | 2 |  | 572 |  |  | 575 |
Sovereign debt | 2 |  | 2,492 |  |  | 2,567 |
Total available-for-sale debt securities – marketable securities(b) |  |  | $ | 9,566 |  |  | $ | 8,609 |
Restricted cash |  |  |  |  |
Cash and cash equivalents |  |  | $ | 296 |  |  | $ | 466 |
Money market funds | 1 |  | 2,458 |  |  | 3,009 |
Total restricted cash |  |  | $ | 2,755 |  |  | $ | 3,475 |
Available-for-sale debt securities included above with contractual maturities(c) |  |  |  |
Due in one year or less |  |  | $ | 10,152 |  |  |
Due between one and five years |  |  | 4,709 |  |  |
Total available-for-sale debt securities with contractual maturities |  |  | $ | 14,862 |  |  |
__________ (a)Includes $1.7 billion and $1.6 billion in Cruise at September 30, 2022 and December 31, 2021. (b)Includes $1.6 billion and $1.5 billion in Cruise at September 30, 2022 and December 31, 2021. (c)Excludes mortgage and asset-backed securities of $572 million at September 30, 2022 as these securities are not due at a single maturity date. Proceeds from the sale of available-for-sale debt securities sold prior to maturity were $441 million and $301 million in the three months ended September 30, 2022 and 2021 and $1.4 billion in the nine months ended September 30, 2022 and 2021. Net unrealized losses on available-for-sale debt securities were insignificant in the three months ended September 30, 2022 and 2021 and were $367 million and insignificant in the nine months ended September 30, 2022 and 2021. Cumulative unrealized losses on available-for-sale debt securities were $384 million and insignificant at September 30, 2022 and December 31, 2021. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets to the total shown in the condensed consolidated statement of cash flows:
| September 30, 2022
Cash and cash equivalents | $ | 20,745 |
Restricted cash included in Other current assets | 2,296 |
Restricted cash included in Other assets | 459 |
Total | $ | 23,499 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI https://asc.fasb.org/topic&trid=2196928 + Details
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