INVESTMENTS IN UNCONSOLIDATED AFFILIATES

9 Months Ended

Sep. 30, 2012

INVESTMENTS IN UNCONSOLIDATED AFFILIATES

INVESTMENTS IN UNCONSOLIDATED AFFILIATES

5.     INVESTMENTS IN UNCONSOLIDATED AFFILIATES

        The Company has a number of equity investments in privately and publicly held companies. Investments in these unconsolidated affiliates are as follows:

	September 30, 2012			December 31, 2011
	(in millions)
Available-for-sale investments
Cost	$	0.4		$	2.0
Unrealized gains		2.2			1.3
Fair value of available-for-sale investments		2.6			3.3
Equity method investments
Cost		13.6			12.6
Equity in losses		(0.4	)		(0.7	)
Carrying value of equity method investments		13.2			11.9
Cost method investments
Carrying value of cost method investments		7.6			6.6
Total investments in unconsolidated affiliates	$	23.4		$	21.8

        Proceeds from sales of available-for-sale investments were $2.1 million for the nine months ended September 30, 2012, and $3.6 million for the three and nine months ended September 30, 2011. The Company realized pre-tax gains from these sales of $0.4 million for the nine months ended September 30, 2012, and $1.4 million for the three and nine months ended September 30, 2011.