Cash, Cash Equivalents, and Marketable Securities (Tables)

9 Months Ended

Sep. 30, 2020

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following table categorizes the fair values of cash, cash equivalents, and marketable securities measured at fair value on a recurring basis (in millions):


	Fair Value Level	December 31, 2019		September 30, 2020
Cash and cash equivalents
U.S. government	1	$	—	$	1,217
U.S. government agencies	2	—		850
Non-U.S. government and agencies	2	350		1,105
Corporate debt	2	604		900
Total marketable securities classified as cash equivalents		954		4,072
Cash, time deposits and money market funds		8,113		7,006
Total cash and cash equivalents		$	9,067	$	11,078

Marketable securities
U.S. government	1	$	195	$	1,275
U.S. government agencies	2	210		235
Non-U.S. government and agencies	2	2,408		2,111
Corporate debt	2	193		313
Other marketable securities	2	290		314
Total marketable securities		$	3,296	$	4,248

Schedule of cash, cash equivalents and restricted cash [Table Text Block]

Cash, cash equivalents, and restricted cash, as reported in the statements of cash flows, are presented separately on our consolidated balance sheets as follows (in millions):


	December 31, 2019		September 30, 2020
Cash and cash equivalents	$	9,067	$	11,078
Restricted cash included in other assets (a)	139		174
Cash, cash equivalents and restricted cash in assets held-for-sale	62		—
Total cash, cash equivalents, and restricted cash	$	9,268	$	11,252

__________

(a)Restricted cash primarily includes cash held to meet certain local governmental and regulatory reserve requirements and cash held under the terms of certain contractual agreements. Restricted cash does not include required minimum balances or cash securing debt issued through securitization transactions.