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