INVESTMENTS IN UNCONSOLIDATED AFFILIATES

9 Months Ended

Sep. 30, 2013

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, 2013			December 31, 2012
	(in millions)
Available-for-sale investments
Cost	$	0.4		$	0.4
Unrealized gains		0.6			1.6
Fair value of available-for-sale investments		1.0			2.0
Equity method investments
Cost		13.7			13.3
Equity in losses		(2.9	)		(1.8	)
Carrying value of equity method investments		10.8			11.5
Cost method investments
Carrying value of cost method investments		8.9			7.6
Total investments in unconsolidated affiliates	$	20.7		$	21.1

        There were no sales of available-for-sale investments during the nine months ended September 30, 2013. For the nine months ended September 30, 2012, proceeds from sales of available-for-sale investments were $2.1 million, and the Company realized pre-tax gains from these sales of $0.4 million.