Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] |
Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis
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September 30, 2017 |
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December 31, 2016 |
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Fair Value Measured and Recorded at Reporting Date Using |
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Fair Value Measured and Recorded at Reporting Date Using |
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(In Millions) |
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
Assets |
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Cash equivalents: |
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Corporate debt |
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$ |
— |
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$ |
150 |
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$ |
— |
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$ |
150 |
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$ |
— |
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$ |
498 |
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$ |
— |
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$ |
498 |
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Financial institution instruments 1
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4,146 |
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1,619 |
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— |
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5,765 |
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1,920 |
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811 |
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— |
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2,731 |
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Government debt 2
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— |
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100 |
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— |
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100 |
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— |
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332 |
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— |
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332 |
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Reverse repurchase agreements |
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— |
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1,599 |
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— |
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1,599 |
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— |
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768 |
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— |
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768 |
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Short-term investments: |
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Corporate debt |
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— |
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750 |
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6 |
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756 |
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— |
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1,332 |
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6 |
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1,338 |
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Financial institution instruments 1
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— |
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557 |
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— |
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557 |
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— |
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1,603 |
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— |
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1,603 |
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Government debt 2
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— |
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133 |
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— |
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133 |
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— |
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284 |
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— |
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284 |
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Trading assets: |
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Asset-backed securities |
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— |
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12 |
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— |
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12 |
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— |
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87 |
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— |
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87 |
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Corporate debt |
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— |
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2,269 |
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— |
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2,269 |
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— |
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2,847 |
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— |
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2,847 |
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Financial institution instruments 1
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57 |
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990 |
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— |
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1,047 |
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36 |
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1,608 |
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— |
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1,644 |
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Government debt 2
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31 |
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3,624 |
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— |
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3,655 |
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32 |
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3,704 |
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— |
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3,736 |
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Other current assets: |
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Derivative assets |
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2 |
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289 |
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— |
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291 |
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— |
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382 |
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— |
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382 |
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Loans receivable |
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— |
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88 |
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— |
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88 |
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— |
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326 |
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— |
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326 |
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Marketable equity securities |
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5,584 |
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475 |
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— |
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6,059 |
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6,180 |
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— |
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— |
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6,180 |
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Other long-term investments: |
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Corporate debt |
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— |
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1,697 |
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5 |
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1,702 |
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— |
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1,995 |
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6 |
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2,001 |
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Financial institution instruments 1
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— |
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1,389 |
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— |
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1,389 |
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— |
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1,758 |
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— |
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1,758 |
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Government debt 2
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— |
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753 |
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— |
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753 |
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— |
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957 |
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— |
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957 |
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Other long-term assets: |
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Derivative assets |
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— |
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74 |
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9 |
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83 |
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— |
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31 |
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9 |
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40 |
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Loans receivable |
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— |
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543 |
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— |
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543 |
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— |
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236 |
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— |
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236 |
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Total assets measured and recorded at fair value |
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9,820 |
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17,111 |
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20 |
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26,951 |
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8,168 |
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19,559 |
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21 |
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27,748 |
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Liabilities |
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Other accrued liabilities: |
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Derivative liabilities |
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— |
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449 |
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— |
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449 |
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— |
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371 |
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— |
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371 |
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Other long-term liabilities: |
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Derivative liabilities |
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— |
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166 |
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7 |
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173 |
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— |
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179 |
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33 |
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212 |
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Total liabilities measured and recorded at fair value |
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$ |
— |
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$ |
615 |
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$ |
7 |
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$ |
622 |
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$ |
— |
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$ |
550 |
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$ |
33 |
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$ |
583 |
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Financial Instruments Not Recorded At Fair Value On Recurring Basis [Table Text Block] |
The carrying amounts and fair values of financial instruments not recorded at fair value on a recurring basis at the end of each period were as follows:
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September 30, 2017 |
(In Millions) |
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Carrying
Amount
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Fair Value Measured Using |
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Fair Value |
Level 1 |
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Level 2 |
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Level 3 |
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Grants receivable |
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$ |
646 |
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$ |
— |
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$ |
646 |
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$ |
— |
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$ |
646 |
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Loans receivable |
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$ |
15 |
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$ |
— |
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$ |
15 |
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$ |
— |
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$ |
15 |
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Non-marketable cost method investments |
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$ |
2,719 |
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$ |
— |
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$ |
— |
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$ |
3,336 |
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$ |
3,336 |
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Reverse repurchase agreements |
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$ |
250 |
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$ |
— |
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$ |
250 |
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$ |
— |
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$ |
250 |
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Short-term debt |
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$ |
4,121 |
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$ |
— |
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$ |
4,703 |
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$ |
— |
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$ |
4,703 |
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Long-term debt |
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$ |
27,498 |
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$ |
— |
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$ |
29,485 |
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$ |
— |
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$ |
29,485 |
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December 31, 2016 |
(In Millions) |
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Carrying
Amount
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Fair Value Measured Using |
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Fair Value |
Level 1 |
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Level 2 |
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Level 3 |
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Grants receivable |
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$ |
361 |
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$ |
— |
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$ |
362 |
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$ |
— |
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$ |
362 |
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Loans receivable |
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$ |
265 |
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$ |
— |
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$ |
265 |
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$ |
— |
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$ |
265 |
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Non-marketable cost method investments |
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$ |
3,098 |
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$ |
— |
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$ |
— |
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$ |
3,890 |
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$ |
3,890 |
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Reverse repurchase agreements |
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$ |
250 |
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$ |
— |
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$ |
250 |
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$ |
— |
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$ |
250 |
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Short-term debt |
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$ |
4,609 |
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$ |
— |
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$ |
5,120 |
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$ |
— |
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$ |
5,120 |
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Long-term debt |
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$ |
20,649 |
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$ |
— |
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$ |
21,957 |
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$ |
— |
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$ |
21,957 |
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