13 unchanged sentences
We had cash and cash equivalents including restricted cash and cash equivalents totaling $7.8 billion and $6.7 billion as of December 31, 2021 and December 31, 2022, respectively.
−Removed: We did not have any marketable debt securities classified as short-term investments as of December 31, 2021.
−Removed: Our cash and cash equivalents consist of money market funds and cash deposits.
+Added: Marketable debt securities classified as restricted investments and short-term investments totaled $1.7 billion as of December 31, 2022.
+Added: As of December 31, 2022, our cash, cash equivalents, and marketable debt securities primarily consist of money market funds, cash deposits, U.S.
+Added: government securities, U.S.
+Added: government agency securities, and investment-grade corporate debt securities.
We do not enter into investments for trading or speculative purposes.
5 unchanged sentences
We also hold equity securities with readily determinable fair values which are subject to equity price risk.
−Removed: These investments in privately-held affiliates and recently public companies may increase the volatility in our net income/(loss) in future periods due to changes in the fair value of these investments.
+Added: These investments in privately-held affiliates and
+Added: recently public companies may increase the volatility in our net income/(loss) in future periods due to changes in the fair value of these investments.
In certain cases, our ability to sell these investments may be impacted by contractual obligations to hold the securities for a set period of time after a public offering.
−Removed: As of December 31, 2021, the carrying value of our investments was $12.6 billion, including equity method investments.
+Added: As of December 31, 2022, the carrying value of our investments was $6.9 billion, including equity method investments and restricted investments.
Foreign Currency Risk
9 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.