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Investments
12 Months Ended
Dec. 31, 2012
Investments

Note 6 – Investments

 

Our investments in available-for-sale debt and marketable equity securities consisted of the following:

 

December 31, 2012    Amortized
Cost
     Gross
Unrealized
Gain
     Gross
Unrealized
Loss
     Fair
Value
 

Available-for-sale investments:

                                   

EETC

   $ 3       $ 1       $       $ 4   

Total

   $ 3       $ 1       $       $ 4   


December 31, 2011

                                   

Available-for-sale investments:

                                   

EETC

   $ 4       $ 1       $       $ 5   

Total

   $ 4       $ 1       $       $ 5   


 

During 2011, we sold certain available-for-sale marketable equity securities for total proceeds of $1 and recognized no investment income.

 

The contractual maturities of available-for-sale debt securities at December 31, 2012, were as follows:

 

     Cost     

Fair

Value

 

Due in one year or less

   $ 1       $ 2   

Due from one to five years

     2         2   

Due from five to ten years

               

Total

   $ 3       $ 4