Cash, Cash Equivalents, and Marketable Securities (Tables)

3 Months Ended

Mar. 31, 2025

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 on our consolidated balance sheets as follows (in millions):


	Fair Value Level	December 31, 2024		March 31, 2025
Cash and cash equivalents
United States government	1	$	854	$	33
United States government agencies	2	400		100
Non-United States government and agencies	2	370		710
Corporate debt	2	339		230
Total marketable securities classified as cash equivalents		1,963		1,073
Cash, time deposits, and money market funds		7,309		6,378
Total cash and cash equivalents		$	9,272	$	7,451

Marketable securities
United States government	1	$	185	$	258
United States government agencies	2	—		—
Non-United States government and agencies	2	79		82
Corporate debt	2	252		253
Other marketable securities	2	190		188
Total marketable securities		$	706	$	781

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

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


	December 31, 2024		March 31, 2025
Cash and cash equivalents	$	9,272	$	7,451
Restricted cash (a)	88		93
Total cash, cash equivalents, and restricted cash	$	9,360	$	7,544

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(a)Restricted cash is included in Other assets on our consolidated balance sheets and is primarily 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.