Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following tables summarize assets and liabilities that are measured at fair value on a recurring basis, by level, within the fair value hierarchy:

	As of December 31, 2023
	Level 1		Level 2		Level 3		Total
	(in millions)
Cash equivalents
Money market funds	$	1,002	$	—	$	—	$	1,002
U.S. government and government agency debt securities	—		229		—		229
Total cash equivalents	1,002		229		—		1,231
Short-term marketable securities
U.S. government and government agency debt securities	—		47		—		47
Corporate debt securities	—		2		—		2
Total short-term marketable securities	—		49		—		49
Total	$	1,002	$	278	$	—	$	1,280

	As of September 30, 2024
	Level 1		Level 2		Level 3		Total
	(in millions)
Cash equivalents
Money market funds	$	503	$	—	$	—	$	503
U.S. government and government agency debt securities	—		105		—		105
Total cash equivalents	503		105		—		608
Short-term marketable securities
U.S. government and government agency debt securities	—		20		—		20
Total short-term marketable securities	—		20		—		20
Total	$	503	$	125	$	—	$	628