Valuation of Debt and Equity Investments and Certain Liabilities (Tables)

9 Months Ended

Sep. 30, 2017

Details of our investments are as follows:

	September 30, 2017						December 31, 2016
	Cash and Cash		Short-Term		Long-Term		Cash and Cash		Short-Term		Long-Term
	Equivalents		Investments		Investments		Equivalents		Investments		Investments
Measured at fair value:
Available-for-sale securities:
Money market funds	$	445	$	—	$	—	$	346	$	—	$	—
Corporate obligations		25		608		—		107		544		—
U.S. government agency and Treasury securities		639		1,540		—		490		1,792		—
Trading securities:
Mutual funds		—		—		226		—		—		201
Total		1,109		2,148		226		943		2,336		201

Other measurement basis:
Equity-method investments		—		—		26		—		—		25
Cost-method investments		—		—		6		—		—		9
Cash on hand		187		—		—		211		—		—
Total	$	1,296	$	2,148	$	258	$	1,154	$	2,336	$	235

Aggregate Maturities of Investments in Debt Securities Classified as Available-for-sale

The following table presents the aggregate maturities of investments in debt securities classified as available for sale as of September 30, 2017:

Due	Fair Value
One year or less	$	3,257
One to two years		—

Assets and Liabilities Accounted for at Fair Value

The following are our assets and liabilities that were accounted for at fair value on a recurring basis. These tables do not include cash on hand, assets held by our postretirement plans, or assets and liabilities that are measured at historical cost or any basis other than fair value.

	September 30, 2017						December 31, 2016
	Level 1		Level 2		Total		Level 1		Level 2		Total
Assets:
Money market funds	$	445	$	—	$	445	$	346	$	—	$	346
Corporate obligations		—		633		633		—		651		651
U.S. government agency and Treasury securities		2,129		50		2,179		2,042		240		2,282
Mutual funds		226		—		226		201		—		201
Total assets	$	2,800	$	683	$	3,483	$	2,589	$	891	$	3,480

Liabilities:
Deferred compensation	$	243	$	—	$	243	$	218	$	—	$	218
Total liabilities	$	243	$	—	$	243	$	218	$	—	$	218