The following table presents our fair value hierarchy for our assets measured at fair value on a recurring basis as of September 30, 2024 (in millions):


	Level 1		Level 2		Total
Cash equivalents:
Money market funds	$	1,162	$	—	$	1,162
Commercial paper	—		44		44


Deposits	238		—		238
U.S. government and agency securities	—		4		4
Marketable securities:
Commercial paper	—		298		298
Corporate notes and bonds	—		4,606		4,606
Certificates of deposit	—		42		42
U.S. government and agency securities	—		2,204		2,204
Mortgage-backed and asset-backed securities	—		89		89



Total	$	1,400	$	7,287	$	8,687

The following table presents our fair value hierarchy for our assets measured at fair value on a recurring basis as of December 31, 2023 (in millions):


	Level 1		Level 2		Total
Cash equivalents:
Money market funds	$	1,215	$	—	$	1,215
Commercial paper	—		79		79
Corporate notes and bonds	—		2		2

Deposits	295		—		295
U.S. government and agency securities	—		4		4
Marketable securities:
Commercial paper	—		349		349
Corporate notes and bonds	—		3,576		3,576
Certificates of deposit	—		94		94
U.S. government and agency securities	—		2,078		2,078
Mortgage-backed and asset-backed securities	—		86		86

Total	$	1,510	$	6,268	$	7,778