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Investments (Tables)
6 Months Ended
Jun. 30, 2014
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 June 30, 2014

          

Corporate debt securities

   $ 323.6       $ 0.3       $ (0.1   $ 323.8   

U.S. government and agency debt securities

     185.1         —           —          185.1   

Foreign government debt securities

     8.1         —           —          8.1   

Commercial paper

     314.6         —           —          314.6   

Certificates of deposit

     65.2         —           —          65.2   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total short and long-term investments

   $ 896.6       $ 0.3       $ (0.1   $ 896.8   
  

 

 

    

 

 

    

 

 

   

 

 

 

As of December 31, 2013

          

Corporate debt securities

   $ 457.6       $ 0.4       $ (0.1   $ 457.9   

U.S. government and agency debt securities

     211.1         0.1         —          211.2   

Foreign government debt securities

     3.1         —           —          3.1   

Commercial paper

     68.3         —           —          68.3   

Certificates of deposit

     67.2         —           —          67.2   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total short and long-term investments

   $ 807.3       $ 0.5       $ (0.1   $ 807.7   
  

 

 

    

 

 

    

 

 

   

 

 

 

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):

 

     June 30, 2014  
     Amortized
Cost
     Fair
Value
 

Due in one year or less

   $ 729.3       $ 729.3   

Due after one year through two years

     167.3         167.5   
  

 

 

    

 

 

 

Total

   $ 896.6       $ 896.8