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SHORT-TERM INVESTMENTS: (Tables)
6 Months Ended
Jun. 30, 2016
SHORT-TERM INVESTMENTS:  
Schedule of short-term investments

 

Short-term investments were as follows ($ in millions):

 

 

 

At June 30,
2016

 

At December 31,
2015

 

Trading securities

 

$

95.4 

 

$

600.2 

 

Weighted average interest rate

 

1.41 

%

0.71 

%

 

 

 

 

 

 

Available-for-sale

 

$

2.8 

 

$

3.3 

 

Weighted average interest rate

 

0.89 

%

0.72 

%

 

 

 

 

 

 

Total

 

$

98.2 

 

$

603.5 

 

 

 

 

 

 

 

 

 

 

Summary of activities of short-term investments

The following table summarizes the activity of these investments by category ($ in millions):

 

 

 

Three months ended

 

Six months ended

 

 

 

June 30,

 

June 30,

 

 

 

2016

 

2015

 

2016

 

2015

 

Trading securities:

 

 

 

 

 

 

 

 

 

Interest earned

 

$

0.3

 

$

0.2

 

$

0.7

 

$

0.5

 

Unrealized gain (loss) at the end of the period

 

$

0.4

 

$

(0.2

)

$

0.4

 

$

(0.2

)

 

 

 

 

 

 

 

 

 

 

Available-for-sale:

 

 

 

 

 

 

 

 

 

Interest earned

 

(*

)

(*

)

(*

)

(*

)

Investment redeemed

 

$

0.2

 

$

0.4

 

$

0.5

 

$

0.6

 

 

(*) Less than $0.1 million