v3.22.4
Marketable and Other Securities (Tables)
 12 Months Ended
Dec. 31, 2022
Marketable Securities [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table summarizes the fair value of cash equivalents and marketable debt securities, which approximates cost:
Fair Value LevelDecember 31, 2022December 31, 2021
Cash and cash equivalents
Cash and time deposits$8,921 $7,881 
Available-for-sale debt securities
U.S. government and agencies21,012 722 
Corporate debt22,778 5,321 
Sovereign debt21,828 2,105 
Total available-for-sale debt securities – cash equivalents5,618 8,148 
Money market funds14,613 4,038 
Total cash and cash equivalents(a)$19,153 $20,067 
Marketable debt securities
U.S. government and agencies2$4,357 $2,071 
Corporate debt25,147 3,396 
Mortgage and asset-backed2538 575 
Sovereign debt22,108 2,567 
Total available-for-sale debt securities – marketable securities(b)$12,150 $8,609 
Restricted cash
Cash and cash equivalents $341 $466 
Money market funds12,455 3,009 
Total restricted cash$2,796 $3,475 
Available-for-sale debt securities included above with contractual maturities(c)
Due in one year or less$10,909 
Due between one and five years6,231 
Total available-for-sale debt securities with contractual maturities$17,139 
__________
(a)    Includes $1.5 billion and $1.6 billion in Cruise at December 31, 2022 and 2021.
(b)    Includes $1.4 billion and $1.5 billion in Cruise at December 31, 2022 and 2021.
(c)    Excludes mortgage and asset-backed securities of $538 million at December 31, 2022 as these securities are not due at a single maturity date.
Investments Classified by Contractual Maturity Date
The following table summarizes the fair value of cash equivalents and marketable debt securities, which approximates cost:
Fair Value LevelDecember 31, 2022December 31, 2021
Cash and cash equivalents
Cash and time deposits$8,921 $7,881 
Available-for-sale debt securities
U.S. government and agencies21,012 722 
Corporate debt22,778 5,321 
Sovereign debt21,828 2,105 
Total available-for-sale debt securities – cash equivalents5,618 8,148 
Money market funds14,613 4,038 
Total cash and cash equivalents(a)$19,153 $20,067 
Marketable debt securities
U.S. government and agencies2$4,357 $2,071 
Corporate debt25,147 3,396 
Mortgage and asset-backed2538 575 
Sovereign debt22,108 2,567 
Total available-for-sale debt securities – marketable securities(b)$12,150 $8,609 
Restricted cash
Cash and cash equivalents $341 $466 
Money market funds12,455 3,009 
Total restricted cash$2,796 $3,475 
Available-for-sale debt securities included above with contractual maturities(c)
Due in one year or less$10,909 
Due between one and five years6,231 
Total available-for-sale debt securities with contractual maturities$17,139 
__________
(a)    Includes $1.5 billion and $1.6 billion in Cruise at December 31, 2022 and 2021.
(b)    Includes $1.4 billion and $1.5 billion in Cruise at December 31, 2022 and 2021.
(c)    Excludes mortgage and asset-backed securities of $538 million at December 31, 2022 as these securities are not due at a single maturity date.
Reconciliation of Cash, Cash Equivalents and Restricted Cash from Balance Sheet to Statement of Cash Flows
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same amounts shown in the consolidated statements of cash flows:
December 31, 2022December 31, 2021
Cash and cash equivalents$19,153 $20,067 
Restricted cash included in Other current assets2,356 2,935 
Restricted cash included in Other assets440 540 
Total$21,948 $23,542