Cash and Investments

Cash and equivalents and the fair values of our available-for-sale investments, which approximated amortized costs, were as follows:



As of	November 29, 2018								August 30, 2018
	Cash and Equivalents		Short-term Investments		Long-term Marketable Investments⁽¹⁾		Total Fair Value		Cash and Equivalents		Short-term Investments		Long-term Marketable Investments⁽¹⁾		Total Fair Value
Cash	$	2,073	$	—	$	—	$	2,073	$	3,223	$	—	$	—	$	3,223
Level 1⁽²⁾
Money market funds	2,014		—		—		2,014		2,443		—		—		2,443
Level 2⁽³⁾
Corporate bonds	56		588		943		1,587		3		172		272		447
Government securities	158		309		243		710		5		63		103		171
Asset-backed securities	2		78		369		449		—		34		96		130
Commercial paper	74		82		—		156		26		16		—		42
Certificates of deposit	70		59		10		139		806		11		2		819
	4,447		$	1,116	$	1,565	$	7,128	6,506		$	296	$	473	$	7,275
Restricted cash⁽⁴⁾	78								81
Cash, cash equivalents, and restricted cash	$	4,525							$	6,587


⁽¹⁾	The maturities of long-term marketable securities range from one to four years.


⁽²⁾	The fair value of Level 1 securities is measured based on quoted prices in active markets for identical assets.

⁽³⁾

The fair value of Level 2 securities is measured using information obtained from pricing services, which obtain quoted market prices for similar instruments, non-binding market consensus prices that are corroborated by observable market data, or various other methodologies, to determine the appropriate value at the measurement date. We perform supplemental analyses to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of November 29, 2018 or August 30, 2018.


⁽⁴⁾	Restricted cash is included in other noncurrent assets and primarily consisted of balances related to the MMJ Creditor Payments. The restrictions on the MMJ Creditor Payments lapse upon approval by the trustees and/or Tokyo District Court.

Gross realized gains and losses from sales of available-for-sale securities were not material for any period presented. As of November 29, 2018, there were no available-for-sale securities that had been in a loss position for longer than 12 months.