INVESTMENTS (Tables)

3 Months Ended

Mar. 31, 2025

The following table summarizes the Company's investments by major security type:


(in millions)	Cost		Gross Unrealized Gains /Upward Adjustments		Gross Unrealized Losses /Downward Adjustments		Carrying Value
March 31, 2025















Equity securities with readily determinable fair values	$	715	$	—	$	(321)	$	394
Equity securities of private entities	111		259		(226)		144

Total long-term investments	$	826	$	259	$	(547)	$	538

December 31, 2024















Equity securities with readily determinable fair values	$	715	$	—	$	(324)	$	391
Equity securities of private entities	111		259		(225)		145

Total long-term investments	$	826	$	259	$	(549)	$	536