Investments (Tables)

9 Months Ended

Sep. 30, 2013

Investments, Debt and Equity Securities [Abstract]

Schedule of interest bearing assets

The Company’s interest-bearing assets and other investments are included in the following categories in the Condensed Consolidated Statements of Financial Position (in millions):

	September 30, 2013		December 31, 2012
Cash and cash equivalents	$	369	$	291
Short-term investments	357		346
Fiduciary assets (1)	4,335		4,029
Investments	139		165
	$	5,200	$	4,831

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(1) Fiduciary assets include funds held on behalf of clients but does not include fiduciary receivables.

Schedule of investments

The Company’s investments are as follows (in millions):

	September 30, 2013		December 31, 2012
Equity method investments	$	113	$	102
Other investments (2)	17		43
Fixed-maturity securities (3)	9		20
	$	139	$	165

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(2) The reduction in other investments is due to the sale of certain equity securities.

(3) The reduction in fixed-maturity securities is due to the repayment in full of a security.