XML 39 R24.htm IDEA: XBRL DOCUMENT
v3.22.4

Fair Value of Financial Instruments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Fair Value of Financial Instruments [Abstract] |
Schedule of Cash, Cash Equivalents and Debt Investments by Significant Category |
| December 31, 2022
| Adjusted cost |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value |  | Cash and Cash Equivalents |  | Current Investments |  | Long-term Investments
Cash | $ | 75,829 |  | $ | - |  | $ | - |  | $ | 75,829 |  | $ | 75,829 |  | $ | - |  | $ | -
Level 1(1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Money market funds |  | 232,477 |  |  | - |  |  | - |  |  | 232,477 |  |  | 232,477 |  |  | - |  |  | -
Time deposits |  | 75,694 |  |  | - |  |  | - |  |  | 75,694 |  |  | 75,694 |  |  | - |  |  | -
U.S. Treasury securities |  | 847,354 |  |  | 63 |  |  | 14,355 |  |  | 833,062 |  |  | - |  |  | 515,136 |  |  | 332,218
Subtotal |  | 1,155,525 |  |  | 63 |  |  | 14,355 |  |  | 1,141,233 |  |  | 308,171 |  |  | 515,136 |  |  | 332,218
Level 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate debt security(2) |  | 17,900 |  |  | - |  |  | 700 |  |  | 17,200 |  |  | - |  |  | - |  |  | 17,900
Note receivable(3) |  | 4,860 |  |  | 222 |  |  | - |  |  | 5,082 |  |  | - |  |  | - |  |  | 5,082
Subtotal |  | 22,760 |  |  | 222 |  |  | 700 |  |  | 22,282 |  |  | - |  |  | - |  |  | 22,982
Total | $ | 1,254,114 |  | $ | 285 |  | $ | 15,055 |  | $ | 1,239,344 |  | $ | 384,000 |  | $ | 515,136 |  | $ | 355,200
| December 31, 2021
| Adjusted cost |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value |  | Cash and Cash Equivalents |  | Current Investments |  | Long-term Investments
Cash | $ | 119,639 |  | $ | - |  | $ | - |  | $ | 119,639 |  | $ | 119,639 |  | $ | - |  | $ | -
Level 1(1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Money market funds |  | 547,530 |  |  | - |  |  | - |  |  | 547,530 |  |  | 547,530 |  |  | - |  |  | -
Time deposits |  | 148,205 |  |  | - |  |  | - |  |  | 148,205 |  |  | 148,205 |  |  | - |  |  | -
U.S. Treasury securities |  | 501,288 |  |  | - |  |  | 1,116 |  |  | 500,172 |  |  | - |  |  | 260,945 |  |  | 240,343
Subtotal |  | 1,197,023 |  |  | - |  |  | 1,116 |  |  | 1,195,907 |  |  | 695,735 |  |  | 260,945 |  |  | 240,343
Level 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate debt security(2) |  | 18,000 |  |  | - |  |  | - |  |  | 18,000 |  |  | - |  |  | - |  |  | 18,000
Note receivable(3) |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | -
Subtotal |  | 18,000 |  |  | - |  |  | - |  |  | 18,000 |  |  | - |  |  | - |  |  | 18,000
Total | $ | 1,334,662 |  | $ | - |  | $ | 1,116 |  | $ | 1,333,546 |  | $ | 815,374 |  | $ | 260,945 |  | $ | 258,343
(1) Level 1: Quoted prices in active markets for identical assets or liabilities that the entity has the ability to access. (2) The fair value of the corporate debt security is measured using Level 3 (unobservable) inputs. We determined the fair value for the corporate debt security using an internally-developed valuation model and unobservable inputs include credit and liquidity spreads and effective maturity. (3) We have elected to measure our investment in a convertible note receivable of a private company at fair value under the fair value option. The fair value of the note receivable is measured using Level 3 (unobservable) inputs. We determined the fair value for the note receivable using an internally-developed valuation model and unobservable inputs include estimates of the equity value of the underlying business and the timing and probability of future financing events.
Summary of Assets Measured at Fair Value on Nonrecurring Basis |
|  | December 31,
| Level | 2022 |  | 2021
Leasehold improvements, property and equipment, net | 3 | $ | 264 |  | $ | 1,041
Operating lease assets | 3 |  | 713 |  |  | 2,791
Total |  | $ | 977 |  | $ | 3,832

X
- Definition Schedule of Cash, Cash Equivalents and Debt Investments by Significant Category + References No definition available. + Details
Name: | cmg_ScheduleOfCashCashEquivalentsAndDebtInvestmentsBySignificantCategory
Namespace Prefix: | cmg_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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