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Other Financial Information (Tables)
6 Months Ended
Jun. 30, 2015
Other Financial Information [Abstract]  
Inventories
Total inventories consisted of the following (in millions):
 
As of
 
June 30,
2015
 
December 31,
2014
Production materials
$
50.3

 
$
38.3

Finished goods
27.1

 
24.2

Inventories
$
77.4

 
$
62.5

Other long-term assets
Other long-term assets consisted of the following (in millions):
 
As of
 
June 30,
2015
 
December 31,
2014
Privately-held investments
$
92.1

 
$
89.9

Licensed software
8.0

 
8.6

Federal income tax receivable
28.9

 
20.0

Customer financing receivable
3.0

 
16.9

Inventory
11.3

 
8.0

Prepaid costs, deposits, and other
61.6

 
35.5

Promissory note in connection with the sale of Junos Pulse
125.0

 
125.0

Interest receivable in connection with Promissory note
4.7

 

Other long-term assets
$
334.6

 
$
303.9

Warranties
Changes in the Company’s warranty reserve during the six months ended June 30, 2015 were as follows (in millions):
Balance as of December 31, 2014
$
28.7

Provisions made during the period
13.6

Actual costs incurred during the period
(14.3
)
Balance as of June 30, 2015
$
28.0

Deferred revenue
Details of the Company's deferred revenue, as reported in the Condensed Consolidated Balance Sheets, were as follows (in millions):
 
As of
 
June 30,
2015
 
December 31,
2014
Deferred product revenue:
 
 
 
Undelivered product commitments and other product deferrals
$
185.6

 
$
180.3

Distributor inventory and other sell-through items
62.3

 
103.7

Deferred gross product revenue
247.9

 
284.0

Deferred cost of product revenue
(42.8
)
 
(58.4
)
Deferred product revenue, net
205.1

 
225.6

Deferred service revenue
899.3

 
850.1

Total
$
1,104.4

 
$
1,075.7

Reported as:
 
 
 
Current
$
795.4

 
$
780.8

Long-term
309.0

 
294.9

Total
$
1,104.4

 
$
1,075.7

Other income (expense), net
Other (expense) income, net, consisted of the following (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
Interest income
$
6.7

 
$
2.1

 
$
10.5

 
$
4.2

Interest expense
(21.8
)
 
(17.8
)
 
(40.3
)
 
(33.3
)
Net gain on legal settlement

 
195.3

 

 
195.3

Gain on investments
0.2

 
0.8

 
0.8

 
167.0

Other
(2.2
)
 
(1.8
)
 
(3.9
)
 
(0.4
)
Other (expense) income, net
$
(17.1
)
 
$
178.6

 
$
(32.9
)
 
$
332.8