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Investments (Tables)
9 Months Ended
Sep. 30, 2013
Investments Debt And Equity Securities [Abstract]  
Investments in Short and Long-Term Classified as Available-for-Sale Securities

We invest in short and long-term investments classified as available-for-sale securities. Information regarding our investments is as follows (in millions):

 

     Amortized
Cost
     Gross
Unrealized
    Fair value  
        Gains      Losses    

As of September 30, 2013

          

Corporate debt securities

   $ 443.5       $ 0.3       $ (0.3   $ 443.5   

U.S. government and agency debt securities

     252.9         0.2                253.1   

Foreign government debt securities

     3.1                        3.1   

Commercial paper

     89.0                        89.0   

Certificates of deposit

     67.3                        67.3   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total short and long-term investments

   $ 855.8       $ 0.5       $ (0.3   $ 856.0   
  

 

 

    

 

 

    

 

 

   

 

 

 

As of December 31, 2012

          

Corporate debt securities

   $ 383.6       $ 0.3       $ (0.1   $ 383.8   

U.S. government and agency debt securities

     295.8         0.1                295.9   

Foreign government debt securities

     5.0                        5.0   

Commercial paper

     138.7                        138.7   

Certificates of deposit

     92.2         0.1                92.3   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total short and long-term investments

   $ 915.3       $ 0.5       $ (0.1   $ 915.7   
  

 

 

    

 

 

    

 

 

   

 

 

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

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

 

     September 30, 2013     December 31, 2012  
     Fair Value      Unrealized
Losses
    Fair value      Unrealized
Losses
 

Corporate debt securities

   $ 197.4       $ (0.3   $ 144.2       $ (0.1
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, 2013  
     Amortized
Cost
     Fair Value  

Due in one year or less

   $ 588.1       $ 588.4   

Due after one year through two years

     267.7         267.6   
  

 

 

    

 

 

 

Total

   $ 855.8       $ 856.0