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Investments (Tables)
9 Months Ended
Sep. 30, 2012
Investments in Short and Long-Term Classified as Available-for-Sale Securities

Information regarding our investments is as follows (in millions):

 

     Amortized
Cost
     Gross
Unrealized
       
        Gains      Losses     Fair value  

As of September 30, 2012

          

Corporate debt securities

   $ 338.2       $ 0.4       $ (0.1   $ 338.5   

U.S. government and agency debt securities

     215.3                        215.3   

Foreign government debt securities

     2.8                        2.8   

Commercial paper

     139.6         0.1                139.7   

Certificates of deposit

     105.3         0.1                105.4   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total short and long-term investments

   $ 801.2       $ 0.6       $ (0.1   $ 801.7   
  

 

 

    

 

 

    

 

 

   

 

 

 

As of December 31, 2011

          

Corporate debt securities

   $ 324.8       $ 0.2       $ (0.3   $ 324.7   

U.S. government and agency debt securities

     177.1         0.1                177.2   

Municipal bonds

     1.0                        1.0   

Foreign government debt securities

     6.8                        6.8   

Commercial paper

     74.5                        74.5   

Certificates of deposit

     88.5                        88.5   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total short and long-term investments

   $ 672.7       $ 0.3       $ (0.3   $ 672.7   
  

 

 

    

 

 

    

 

 

   

 

 

 
Fair Values and Gross Unrealized Losses for All Available-for-Sale Securities in an Unrealized Loss Position Deemed to be Temporary

The following table shows the fair value and gross unrealized losses for all available-for-sale securities in an unrealized loss position deemed to be temporary (in millions):

 

     September 30, 2012     December 31, 2011  
     Fair Value      Unrealized
Losses
    Fair value      Unrealized
Losses
 

Corporate debt securities

   $ 85.9       $ (0.1   $ 164.5       $ (0.3
The Cost and Fair Value of Available-for-Sale Fixed-Maturity Securities by Contractual Maturity

The amortized cost and fair value of our available-for-sale fixed-maturity securities by contractual maturity are as follows (in millions):

 

     September 30, 2012  
     Amortized
Cost
     Fair Value  

Due in one year or less

   $ 687.0       $ 687.4   

Due after one year through two years

     114.2         114.3   
  

 

 

    

 

 

 

Total

   $ 801.2       $ 801.7