Investments

9 Months Ended

Sep. 30, 2022

Our investments, which are recorded in Short-term and other investments or Investments, consisted of the following:


	September 30 2022	December 31 2021
Equity method investments (1)	$944	$930
Time deposits	286	7,676
Available for sale debt instruments	440	464
Equity and other investments	36	45
Restricted cash & cash equivalents(2)	36	52
Total	$1,742	$9,167

(1)Dividends received were $95 and $52 during the nine and three months ended September 30, 2022 and $52 and $9 during the same periods in the prior year. During the third quarter of 2021, Boeing and AE Industrial Partners announced a strategic partnership to establish a dedicated aerospace venture fund. This transaction resulted in the deconsolidation of HorizonX and generated a gain of $117 which is included in (Loss)/income from operating investments, net.

(2)Reflects amounts restricted in support of our property sales, workers’ compensation programs, and insurance premiums.

Allowance for losses on available for sale debt instruments are assessed quarterly. All instruments are considered investment grade and we have not recognized an allowance for credit losses as of September 30, 2022.