Cash, Cash Equivalents, and Marketable Securities (Notes)

3 Months Ended

Mar. 31, 2016

CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES

The following tables categorize the fair values of cash, cash equivalents, and marketable securities measured at fair value on a recurring basis on our balance sheet (in millions):



	Fair Value Level	March 31, 2016		December 31, 2015
Automotive Sector
Cash and cash equivalents
U.S. government	1	$	—	$	115
U.S. government agencies	2	109		22
Non-U.S. government and agencies	2	77		173
Corporate debt	2	130		20
Total marketable securities classified as cash equivalents		316		330
Cash, time deposits, and money market funds		5,251		5,056
Total cash and cash equivalents		$	5,567	$	5,386

Marketable securities
U.S. government	1	$	3,088	$	1,623
U.S. government agencies	2	4,752		5,240
Non-U.S. government and agencies	2	6,917		7,451
Corporate debt	2	3,323		3,279
Equities	1	257		240
Other marketable securities	2	347		348
Total marketable securities		$	18,684	$	18,181

Financial Services Sector
Cash and cash equivalents
U.S. government	1	$	450	$	—
U.S. government agencies	2	25		—
Non-U.S. government and agencies	2	500		266
Corporate debt	2	50		—
Total marketable securities classified as cash equivalents		1,025		266
Cash, time deposits, and money market funds		9,325		8,620
Total cash and cash equivalents		$	10,350	$	8,886

Marketable securities
U.S. government	1	$	1,594	$	298
U.S. government agencies	2	1,746		1,169
Non-U.S. government and agencies	2	1,194		832
Corporate debt	2	294		384
Other marketable securities	2	44		40
Total marketable securities		$	4,872	$	2,723

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

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