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Investments (Tables)
9 Months Ended
Sep. 30, 2014
Investments, Debt and Equity Securities [Abstract]  
Schedule of investments
Investments are as follows (in millions): 
 
 
Carrying Value
 
 
September 30,
2014
 
December 31,
2013
Available-for-sale securities:
 
 

 
 

State Street Corporation
 
$
417.2

 
$
515.5

Other available-for-sale securities
 
126.5

 
138.5

 
 
543.7

 
654.0

Other:
 
 

 
 

Trading securities
 
28.6

 
44.3

Cost method and other investments
 
160.7

 
183.0

 
 
189.3

 
227.3

Total investments
 
$
733.0

 
$
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):
 
September 30,
2014
 
December 31,
2013
Book cost basis
$
153.2

 
$
166.9

Gross unrealized gains
392.5

 
487.5

Gross unrealized losses
(2.0
)
 
(0.4
)
Market value
$
543.7

 
$
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 September 30, 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
September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
Common stock
$
25.3

 
$
2.0

 
$

 
$

 
$
25.3

 
$
2.0

 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
Common stock
$
5.9

 
$
0.4

 
$

 
$

 
$
5.9

 
$
0.4