Investments (Tables)

9 Months Ended

Sep. 30, 2024

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-For-Sale Investments

The amortized cost, gross unrealized gains, gross unrealized losses and fair values of interest-bearing securities, which are considered available-for-sale, by type of security were as follows (in millions):

Types of securities as of September 30, 2024	Amortized cost		Gross unrealized gains		Gross unrealized losses		Fair values
U.S. Treasury bills	$	996	$	—	$	—	$	996
Money market mutual funds	7,437		—		—		7,437
Other short-term interest-bearing securities	143		—		—		143
Total interest-bearing securities	$	8,576	$	—	$	—	$	8,576

Types of securities as of December 31, 2023	Amortized cost		Gross unrealized gains		Gross unrealized losses		Fair values
U.S. Treasury bills	$	—	$	—	$	—	$	—
Money market mutual funds	10,266		—		—		10,266
Other short-term interest-bearing securities	138		—		—		138
Total interest-bearing securities	$	10,404	$	—	$	—	$	10,404

Schedule of Fair Values by Classification

The fair values of interest-bearing securities by location in the Condensed Consolidated Balance Sheets were as follows (in millions):

Condensed Consolidated Balance Sheets locations	September 30, 2024		December 31, 2023
Cash and cash equivalents	$	8,576	$	10,404
Total interest-bearing securities	$	8,576	$	10,404