Marathon Petroleum Corp
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 27, 2025
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4. Short-Term Investments
- Short-Term Investments
Investments Components
Investments as of December 31, 2024 had maturity dates of less than 90 days and therefore, are included in cash and cash equivalents. Below reflects the components of investments at December 31, 2023.
| (Millions of dollars) | Fair Value Level | Amortized Cost | Unrealized Gains | Unrealized Losses | Fair Value | Cash and Cash Equivalents | Short-term Investments |
|---|---|---|---|---|---|---|---|
| Available-for-sale debt securities | |||||||
| Commercial paper | Level 2 | $3,154 | $2 | $— | $3,156 | $281 | $2,875 |
| Certificates of deposit and time deposits | Level 2 | 1,836 | 1 | — | 1,837 | 800 | 1,037 |
| U.S. government securities | Level 1 | 785 | — | (1) | 784 | — | 784 |
| Corporate notes and bonds | Level 2 | 85 | — | — | 85 | — | 85 |
| Total available-for-sale debt securities | $5,860 | $3 | $(1) | $5,862 | $1,081 | $4,781 | |
| Cash | 4,362 | 4,362 | — | ||||
| Total | $10,224 | $5,443 | $4,781 | ||||
Our investment policy includes concentration limits and credit rating requirements, which limits our investments to high quality, short term and highly liquid securities.
Realized gains/losses were not material.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.