XML 20 R10.htm IDEA: XBRL DOCUMENT
v3.23.2

Marketable and Other Securities | 6 Months Ended
--- | ---
Jun. 30, 2023
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 |  | June 30, 2023 |  | December 31, 2022
Cash and cash equivalents |  |  |  |  |
Cash and time deposits |  |  | $ | 10,542 |  |  | $ | 8,921 |
Available-for-sale debt securities |  |  |  |  |
U.S. government and agencies | 2 |  | 19 |  |  | 1,012 |
Corporate debt | 2 |  | 3,731 |  |  | 2,778 |
Sovereign debt | 2 |  | 1,404 |  |  | 1,828 |
Total available-for-sale debt securities – cash equivalents |  |  | 5,155 |  |  | 5,618 |
Money market funds | 1 |  | 7,377 |  |  | 4,613 |
Total cash and cash equivalents(a) |  |  | $ | 23,074 |  |  | $ | 19,153 |
Marketable debt securities |  |  |  |  |
U.S. government and agencies | 2 |  | $ | 3,910 |  |  | $ | 4,357 |
Corporate debt | 2 |  | 3,687 |  |  | 5,147 |
Mortgage and asset-backed | 2 |  | 588 |  |  | 538 |
Sovereign debt | 2 |  | 1,372 |  |  | 2,108 |
Total available-for-sale debt securities – marketable securities(b) |  |  | $ | 9,556 |  |  | $ | 12,150 |
Restricted cash |  |  |  |  |
Cash and cash equivalents |  |  | $ | 379 |  |  | $ | 341 |
Money market funds | 1 |  | 3,301 |  |  | 2,455 |
Total restricted cash |  |  | $ | 3,680 |  |  | $ | 2,796 |
Available-for-sale debt securities included above with contractual maturities(c) |  |  |  |
Due in one year or less |  |  | $ | 8,364 |  |  |
Due between one and five years |  |  | 5,675 |  |  |
Total available-for-sale debt securities with contractual maturities |  |  | $ | 14,038 |  |  |
__________ (a)Includes $1.9 billion and $1.5 billion in Cruise at June 30, 2023 and December 31, 2022. (b)Includes $215 million and $1.4 billion in Cruise at June 30, 2023 and December 31, 2022. (c)Excludes mortgage and asset-backed securities of $588 million at June 30, 2023 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 $638 million and $494 million in the three months ended June 30, 2023 and 2022 and $1.0 billion in the six months ended June 30, 2023 and 2022. Net unrealized losses on available-for-sale debt securities were insignificant in the three months ended June 30, 2023 and 2022. Net unrealized gains on available-for-sale debt securities were insignificant in the six months ended June 30, 2023 and net unrealized losses on available-for-sale debt securities were $261 million in the six months ended June 30, 2022. Cumulative unrealized losses on available-for-sale debt securities were $303 million and $344 million at June 30, 2023 and December 31, 2022. 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:
| June 30, 2023
Cash and cash equivalents | $ | 23,074 |
Restricted cash included in Other current assets | 3,212 |
Restricted cash included in Other assets | 468 |
Total | $ | 26,753 |

X
- 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 -Topic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//320/tableOfContent + Details
Name: | us-gaap_CashCashEquivalentsAndMarketableSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_MarketableSecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration