NOTE 3 — INVESTMENTS

Gains and losses recorded in AOCI related to the Company’s available-for-sale investments as of June 30, 2015 were as follows:

(In millions)	Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
U.S. government and agency securities	$	265.8	$	0.1	$	(0.1	)	$	265.8
Foreign government and agency securities	23.9		—		—			23.9
Corporate notes and bonds	182.7		0.1		(0.4		)	182.4
Time deposits	410.8		—		—			410.8
Other securities	34.8		0.1		—			34.9

Total	$	918.0	$	0.3	$	(0.5	)	$	917.8

Gross unrealized investment gains recorded in AOCI related to the Company’s available-for-sale investments as of June 30, 2014 were $2.1 million.

The following table presents the Company’s available-for-sale securities by contractual maturity as of June 30, 2015:

(In millions)	Cost		Fair Value
Due within one year	$	503.7	$	503.7
Due after one through five years	414.3		414.1

	$	918.0	$	917.8

The following table presents the fair market value of the Company’s investments with gross unrealized losses that are not deemed to be other-than temporarily impaired as of June 30, 2015:

	In a Loss Position for Less Than 12 Months					In a Loss Position for More Than 12 Months
(In millions)	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses

Available-for-sale securities	$	263.2	$	(0.5	)	$	—	$	—

Gross gains and losses realized on sales of investments included in the consolidated statements of earnings were as follows:

	Year Ended June 30
(In millions)	2015			2014

Gross realized gains	$	2.5		$	—
Gross realized losses	(0.1		)	—

Total	$	2.4		$	—

The Company utilizes the first-in, first-out method to determine the cost of the security sold.