XML 70 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investments (Tables)
 6 Months Ended
Jan. 25, 2014
Investments [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
The following tables summarize the Company’s available-for-sale investments (in millions):
January 25, 2014
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
Fixed income securities:
 
 
 
 
 
 
 
U.S. government securities
$
29,166

 
$
30

 
$
(5
)
 
$
29,191

U.S. government agency securities
1,307

 
2

 
—

 
1,309

Non-U.S. government and agency securities
687

 
2

 
(1
)
 
688

Corporate debt securities
8,031

 
74

 
(15
)
 
8,090

U.S. agency mortgage-backed securities
449

 
4

 
—

 
453

Total fixed income securities
39,640

 
112

 
(21
)
 
39,731

Publicly traded equity securities
1,280

 
719

 
(4
)
 
1,995

Total
$
40,920

 
$
831

 
$
(25
)
 
$
41,726

July 27, 2013
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
Fixed income securities:
 
 
 
 
 
 
 
U.S. government securities
$
27,814

 
$
22

 
$
(13
)
 
$
27,823

U.S. government agency securities
3,083

 
7

 
(1
)
 
3,089

Non-U.S. government and agency securities
1,094

 
3

 
(2
)
 
1,095

Corporate debt securities
7,876

 
55

 
(50
)
 
7,881

Total fixed income securities
39,867

 
87

 
(66
)
 
39,888

Publicly traded equity securities
2,063

 
738

 
(4
)
 
2,797

Total
$
41,930

 
$
825

 
$
(70
)
 
$
42,685
Schedule of Realized Gain (Loss)
The following table presents the gross realized gains and gross realized losses related to the Company’s available-for-sale investments (in millions):
 
Three Months Ended
 
Six Months Ended
 
January 25,
2014
 
January 26,
2013
 
January 25,
2014
 
January 26,
2013
Gross realized gains
$
97

 
$
57

 
$
192

 
$
120

Gross realized losses
(15
)
 
(44
)
 
(27
)
 
(80
)
Total
$
82

 
$
13

 
$
165

 
$
40

The following table presents the realized net gains related to the Company’s available-for-sale investments by security type (in millions):
 
Three Months Ended
 
Six Months Ended
 
January 25,
2014
 
January 26,
2013
 
January 25,
2014
 
January 26,
2013
Net gains on investments in publicly traded equity securities
$
69

 
$
4

 
$
144

 
$
14

Net gains on investments in fixed income securities
13

 
9

 
21

 
26

         Total
$
82

 
$
13

 
$
165

 
$
40
Schedule of Unrealized Loss on Investments
The following tables present the breakdown of the available-for-sale investments with gross unrealized losses and the duration that those losses had been unrealized at January 25, 2014 and July 27, 2013 (in millions):
 
UNREALIZED LOSSES LESS THAN 12 MONTHS
 
UNREALIZED LOSSES 12 MONTHS OR GREATER
 
TOTAL
January 25, 2014
Fair Value
 
Gross Unrealized Losses
 
Fair Value
 
Gross Unrealized Losses
 
Fair Value
 
Gross Unrealized Losses
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
U.S. government securities 
$
3,528

 
$
(5
)
 
$
8

 
$
—

 
$
3,536

 
$
(5
)
U.S. government agency securities
170

 
—

 
—

 
—

 
170

 
—

Non-U.S. government and agency securities
294

 
(1
)
 
2

 
—

 
296

 
(1
)
Corporate debt securities
1,906

 
(14
)
 
69

 
(1
)
 
1,975

 
(15
)
U.S. agency mortgage-backed securities
13

 
—

 
—

 
—

 
13

 
—

Total fixed income securities
5,911

 
(20
)
 
79

 
(1
)
 
5,990

 
(21
)
Publicly traded equity securities
61

 
(4
)
 
—

 
—

 
61

 
(4
)
Total
$
5,972

 
$
(24
)
 
$
79

 
$
(1
)
 
$
6,051

 
$
(25
)

 
UNREALIZED LOSSES LESS THAN 12 MONTHS
 
UNREALIZED LOSSES 12 MONTHS OR GREATER
 
TOTAL
July 27, 2013
Fair Value
 
Gross Unrealized Losses
 
Fair Value
 
Gross Unrealized Losses
 
Fair Value
 
Gross Unrealized Losses
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
U.S. government securities 
$
7,865

 
$
(13
)
 
$
—

 
$
—

 
$
7,865

 
$
(13
)
U.S. government agency securities
294

 
(1
)
 
—

 
—

 
294

 
(1
)
Non-U.S. government and agency securities
432

 
(2
)
 
—

 
—

 
432

 
(2
)
Corporate debt securities
3,704

 
(50
)
 
4

 
—

 
3,708

 
(50
)
Total fixed income securities
12,295

 
(66
)
 
4

 
—

 
12,299

 
(66
)
Publicly traded equity securities
278

 
(4
)
 
—

 
—

 
278

 
(4
)
Total
$
12,573

 
$
(70
)
 
$
4

 
$
—

 
$
12,577

 
$
(70
)
Investments Classified by Contractual Maturity Date
The following table summarizes the maturities of the Company’s fixed income securities at January 25, 2014 (in millions): 
 
Amortized Cost
 
Fair Value
Less than 1 year
$
15,121

 
$
15,132

Due in 1 to 2 years
12,161

 
12,196

Due in 2 to 5 years
11,634

 
11,673

Due after 5 years
724

 
730

Total
$
39,640

 
$
39,731