General Motors 2013 Annual Report Download - page 75

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GENERAL MOTORS COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
The credit lines for Group VI dealers are suspended and no further funding is extended to these dealers.
Note 5. Marketable Securities
The following table summarizes information regarding marketable securities (dollars in millions):
Fair
Value
Level
December 31, 2013 December 31, 2012
Cost Fair Value Cost Fair Value
Cash and cash equivalents
Available-for-sale securities
U.S. government and agencies .................................. 2 $ 1,437 $ 1,437 $ 4,190 $ 4,190
Sovereign debt .............................................. 2 515 515 — —
Money market funds ......................................... 1 1,262 1,262 1,799 1,799
Corporate debt .............................................. 2 7,598 7,598 3,222 3,222
Total available-for-sale securities ................................. $ 10,812 10,812 $ 9,211 9,211
Trading securities
Sovereign debt .............................................. 2 — 1,408
Corporate debt .............................................. 2 25 —
Total trading securities ......................................... 25 1,408
Total marketable securities classified as cash equivalents .............. 10,837 10,619
Cash, cash equivalents and time deposits ........................... 9,184 7,803
Total cash and cash equivalents ................................... $ 20,021 $ 18,422
Marketable securities — current
Available-for-sale securities
U.S. government and agencies .................................. 2 $ 5,343 $ 5,344 $ 1,231 $ 1,231
Corporate debt .............................................. 2 1,867 1,869 2,465 2,505
Equity and sovereign debt ..................................... 1&2 22 22 30 51
Total available-for-sale securities ................................. $ 7,232 7,235 $ 3,726 3,787
Trading securities — Sovereign debt .............................. 2 1,737 5,201
Total marketable securities — current .............................. 8,972 8,988
Marketable securities — non-current
Available-for-sale securities — Investment in Peugeot S.A. .......... 1 $ — — $ 179 179
Total marketable securities ...................................... $ 8,972 $ 9,167
Restricted cash and marketable securities
Available-for-sale securities
Money market funds ......................................... 1 $ 897 $ 897 $ 933 $ 933
Other ..................................................... 2 34 35 198 199
Total marketable securities classified as restricted cash and marketable
securities .................................................. $ 931 932 $ 1,131 1,132
Restricted cash and cash equivalents and time deposits ................ 1,144 236
Total restricted cash and marketable securities ....................... $ 2,076 $ 1,368
We are required to post cash and marketable securities as collateral as part of certain agreements that we enter into as part of our
operations. Cash and marketable securities subject to contractual restrictions and not readily available are classified as Restricted cash
and marketable securities. Restricted cash and marketable securities are invested in accordance with the terms of the underlying
agreements and include amounts related to various deposits, escrows and other cash collateral.
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