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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets Measured at Fair Value on Recurring Basis
The following tables present our financial assets and financial liabilities that were measured at fair value on a recurring basis as of September 30, 2020 and December 31, 2019.
 
September 30, 2020December 31, 2019
 
Total
Level 1
Level 2
Level 3
Total
Level 1
Level 2
Level 3
(in millions)
(in millions)
Assets at Fair Value
Debt securities:
European government
$139 $139 $— $— $157 $157 $— $— 
Corporate
14 — 14 — 34 — 34 — 
State owned enterprises and municipalities
— — 24 — 24 — 
Swedish mortgage bonds
21 — 21 — 19 — 19 — 
Time deposits— — — — 57 — 57 — 
Total assets at fair value$177 $139 $38 $— $291 $157 $134 $—