XML 66 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investments (Tables)
3 Months Ended
Mar. 31, 2014
Investments, Debt and Equity Securities [Abstract]  
Schedule of investments
Investments are as follows (in millions): 
 
 
Carrying Value
 
 
March 31,
2014
 
December 31,
2013
Available-for-sale securities:
 
 

 
 

State Street Corporation
 
$
446.8

 
$
515.5

Other available-for-sale securities
 
135.0

 
138.5

 
 
581.8

 
654.0

Other:
 
 

 
 

Trading securities
 
29.9

 
44.3

Cost method and other investments
 
166.3

 
183.0

 
 
196.2

 
227.3

Total investments
 
$
778.0

 
$
881.3

Schedule of reconciliation of available-for-sale securities from book cost basis to market value
Certain information related to the Company’s available-for-sale securities is as follows (in millions):
 
March 31,
2014
 
December 31,
2013
Book cost basis
$
162.3

 
$
166.9

Gross unrealized gains
420.1

 
487.5

Gross unrealized losses
(0.6
)
 
(0.4
)
Market value
$
581.8

 
$
654.0

Schedule of fair value and gross unrealized losses of investments by length of time in a continuous loss position
The following table summarizes the fair value and gross unrealized losses of the Company’s investments by the length of time that the securities have been in a continuous loss position, at March 31, 2014 and December 31, 2013 (in millions):
 
Less than 12 months
 
Greater than 12 months
 
Total
 
Fair Value
 
Unrealized Losses
 
Fair Value
 
Unrealized Losses
 
Fair Value
 
Unrealized Losses
March 31, 2014
 
 
 
 
 
 
 
 
 
 
 
Common stock
$
13.9

 
$
0.6

 
$

 
$

 
$
13.9

 
$
0.6

 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
Common stock
$
5.9

 
$
0.4

 
$

 
$

 
$
5.9

 
$
0.4