Cash, Cash Equivalents, and Marketable Securities (Tables)

6 Months Ended

Jun. 30, 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		June 30, 2025
Cash and cash equivalents
United States government	1	$	854	$	466
United States government agencies	2	400		400
Non-United States government and agencies	2	370		443
Corporate debt	2	339		450
Total marketable securities classified as cash equivalents		1,963		1,759
Cash, time deposits, and money market funds		7,309		6,710
Total cash and cash equivalents		$	9,272	$	8,469

Marketable securities
United States government	1	$	185	$	231
United States government agencies	2	—		—
Non-United States government and agencies	2	79		86
Corporate debt	2	252		255
Other marketable securities	2	190		182
Total marketable securities		$	706	$	754

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		June 30, 2025
Cash and cash equivalents	$	9,272	$	8,469
Restricted cash (a)	88		99
Total cash, cash equivalents, and restricted cash	$	9,360	$	8,568

__________

(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.