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Marketable and Other Securities | 12 Months Ended
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Dec. 31, 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 |  | December 31, 2022 |  | December 31, 2021
Cash and cash equivalents |  |  |  |  |
Cash and time deposits |  |  | $ | 8,921 |  |  | $ | 7,881 |
Available-for-sale debt securities |  |  |  |  |
U.S. government and agencies | 2 |  | 1,012 |  |  | 722 |
Corporate debt | 2 |  | 2,778 |  |  | 5,321 |
Sovereign debt | 2 |  | 1,828 |  |  | 2,105 |
Total available-for-sale debt securities – cash equivalents |  |  | 5,618 |  |  | 8,148 |
Money market funds | 1 |  | 4,613 |  |  | 4,038 |
Total cash and cash equivalents(a) |  |  | $ | 19,153 |  |  | $ | 20,067 |
Marketable debt securities |  |  |  |  |
U.S. government and agencies | 2 |  | $ | 4,357 |  |  | $ | 2,071 |
Corporate debt | 2 |  | 5,147 |  |  | 3,396 |
Mortgage and asset-backed | 2 |  | 538 |  |  | 575 |
Sovereign debt | 2 |  | 2,108 |  |  | 2,567 |
Total available-for-sale debt securities – marketable securities(b) |  |  | $ | 12,150 |  |  | $ | 8,609 |
Restricted cash |  |  |  |  |
Cash and cash equivalents |  |  | $ | 341 |  |  | $ | 466 |
Money market funds | 1 |  | 2,455 |  |  | 3,009 |
Total restricted cash |  |  | $ | 2,796 |  |  | $ | 3,475 |
Available-for-sale debt securities included above with contractual maturities(c) |  |  |  |  |
Due in one year or less |  |  | $ | 10,909 |  |  |
Due between one and five years |  |  | 6,231 |  |  |
Total available-for-sale debt securities with contractual maturities |  |  | $ | 17,139 |  |  |
__________ (a) Includes $1.5 billion and $1.6 billion in Cruise at December 31, 2022 and 2021. (b) Includes $1.4 billion and $1.5 billion in Cruise at December 31, 2022 and 2021. (c) Excludes mortgage and asset-backed securities of $538 million at December 31, 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 $1.8 billion in the year ended December 31, 2022, and $1.9 billion in the years ended December 31, 2021 and 2020. Net unrealized losses on available-for-sale debt securities were $319 million in the year ended December 31, 2022 and insignificant in the years ended December 31, 2021 and 2020. Cumulative unrealized losses on available-for-sale debt securities were $344 million and insignificant at December 31, 2022 and 2021. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same amounts shown in the consolidated statements of cash flows:
| December 31, 2022 |  | December 31, 2021
Cash and cash equivalents | $ | 19,153 |  |  | $ | 20,067 |
Restricted cash included in Other current assets | 2,356 |  |  | 2,935 |
Restricted cash included in Other assets | 440 |  |  | 540 |
Total | $ | 21,948 |  |  | $ | 23,542 |

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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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- References No definition available. + Details
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