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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets Measured on a Recurring and/or Non-Recurring Basis
The table below segregates all of our financial assets and liabilities that are measured at fair value on a recurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date (amounts in millions):

 Fair Value Measurements at December 31, 2021 Using
 As of December 31, 2021Quoted Prices in Active Markets for Identical Assets
(Level 1)
Significant Other Observable Inputs
(Level 2)
Significant Unobservable Inputs
(Level 3)
Balance Sheet
Classification
Financial Assets:     
Recurring fair value measurements:     
Money market funds$10,035 $10,035 $— $— Cash and cash equivalents
Foreign government treasury bills34 34 — — Cash and cash equivalents
U.S. treasuries and government agency securities130 130 — — Other current assets
Equity securities50 50 — — Other current assets
Foreign currency forward contracts designated as hedges20 — 20 — Other current assets
Total$10,269 $10,249 $20 $—  

 Fair Value Measurements at December 31, 2020 Using 
 As of December 31, 2020Quoted Prices in Active Markets for Identical Assets
(Level 1)
Significant Other Observable Inputs
(Level 2)
Significant Unobservable Inputs
(Level 3)
Balance Sheet
Classification
Financial Assets:
Recurring fair value measurements:     
Money market funds$8,345 $8,345 $— $— Cash and cash equivalents
Foreign government treasury bills34 34 — — Cash and cash equivalents
U.S. treasuries and government agency securities164 164 — — Other current assets
Total$8,543 $8,543 $— $— 
Financial Liabilities:
Foreign currency forward contracts not designated as hedges$(2)$— $(2)$— Accrued expenses and other liabilities
Foreign currency forward contracts designated as hedges(24)— (24)— Accrued expenses and other liabilities
Total$(26)$— $(26)$— 
Schedule of Foreign Currency Forward Contracts
The total gross notional amounts and fair values of our Cash Flow Hedges, all of which had remaining maturities of 12 months or less as of December 31, 2021, are as follows (amounts in millions):

As of December 31, 2021As of December 31, 2020
Notional amountFair value gain (loss)Notional amountFair value gain (loss)
Foreign Currency:
Buy USD, Sell EUR$382 $20 $542 $(24)
The gross notional amounts and fair values of our foreign currency forward contracts not designated as hedges are as follows (amounts in millions):

As of December 31, 2021As of December 31, 2020
Notional amountFair value gain (loss)Notional amountFair value gain (loss)
Foreign Currency:
Buy USD, Sell GBP$— $— $116 $(2)