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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2012
Fair Value Measurements  
Schedule of assets and liabilities measured on a recurring basis, at fair value

 

The major categories of assets and liabilities measured on a recurring basis, at fair value, as of December 31, 2012 and 2011 are as follows (in millions):

 
  December 31, 2012  
 
  Level 1   Level 2   Level 3   Total  

Treasury bills

  $ 278.7   $   $   $ 278.7  

Government agency securities

        123.0         123.0  
                   

Total

  $ 278.7   $ 123.0   $   $ 401.7  
                   


 

 
  December 31, 2011  
 
  Level 1   Level 2   Level 3   Total  

Treasury bills

  $ 90.2   $   $   $ 90.2  

FDIC guaranteed corporate debt

        114.8         114.8  

Government agency securities

        169.8         169.8  

Money market instruments

        0.2         0.2  
                   

Total

  $ 90.2   $ 284.8   $   $ 375.0  
                   

The classification in the fair value table as of December 31, 2011 has been revised to conform to current period classifications due to an immaterial error related to previously disclosed fair value hierarchy tables.