FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring and Nonrecurring Basis

The following table presents the fair value of the Company’s cash and cash equivalents and short-term investments and their corresponding level within the fair value hierarchy:

	December 31, 2023			March 31, 2024
	Level	Amount (in millions)		Level	Amount (in millions)
Cash and cash equivalents:
Cash		$	1,245		$	1,094
Money market funds	1	6,070		1	4,701
Commercial paper	2	517		2	134
Term deposits	—	—		2	50
United States Treasury securities	1	25		1	—
Total		$	7,857		$	5,979
Short-term investments:
Commercial paper	—	$	—	2	$	366
United States Treasury securities	1	1,061		1	1,088
Term deposits	2	450		2	425
Total		$	1,511		$	1,879
Total cash and cash equivalents and short-term investments		$	9,368		$	7,858