v3.25.2
Investments
6 Months Ended
Jun. 30, 2025
Investments [Abstract]  
Investments Investments
Our investments, which are recorded in Short-term and other investments or Investments, consisted of the following:
June 30
2025
December 31
2024
Time deposits (1)
$14,665 $11,960 
Equity method investments (2)
983 948 
Available-for-sale debt investments (1)
523 517 
Equity and other investments36 34 
Restricted cash & cash equivalents (1)(3)
709 21 
Total$16,916 $13,480 
(1)Primarily included in Short-term and other investments on our Condensed Consolidated Statements of Financial Position.
(2)Dividends received were $10 and $8 during the six and three months ended June 30, 2025 and $37 and $17 for the same periods in 2024.
(3)At June 30, 2025, Restricted cash & cash equivalents includes $689 placed in escrow pursuant to the May 2025 non-prosecution agreement with the U.S. Department of Justice. See Note 18 for additional discussion.
Contributions to investments and Proceeds from investments on our Condensed Consolidated Statements of Cash Flows primarily relate to time deposits and available-for-sale debt investments. Cash used for the purchase of time deposits during the six months ended June 30, 2025 and 2024, was $21,245 and $1,298. Cash proceeds from the maturities of time deposits during the six months ended June 30, 2025 and 2024, were $18,540 and $2,845.
Allowance for losses on available-for-sale debt investments are assessed quarterly. These instruments are considered investment grade, and we have not recognized an allowance for credit losses as of June 30, 2025. Fair value of available-for-sale debt investments approximates amortized cost.