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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2016
Investments, All Other Investments [Abstract]  
Summary of financial assets with maturities of less than 90 days included within cash and cash equivalents
 
As of December 31,
(In millions)
2016
 
2015
Commercial paper
$
31.0

 
$
21.9

Overnight reverse repurchase agreements

 
134.7

Money market funds
741.7

 
673.8

Short-term debt securities
1,266.9

 
79.1

Total
$
2,039.6

 
$
909.5

Marketable securities including strategic investments
As of December 31, 2016 (In millions)
Fair
Value
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Amortized
Cost
Corporate debt securities
 
 
 
 
 
 
 
Current
$
1,408.6

 
$
0.2

 
$
(0.6
)
 
$
1,409.0

Non-current
1,255.2

 
1.2

 
(4.7
)
 
1,258.7

Government securities
 
 
 
 
 
 
 
Current
1,156.0

 
0.2

 
(0.3
)
 
1,156.1

Non-current
1,016.5

 
0.5

 
(3.4
)
 
1,019.4

Mortgage and other asset backed securities
 
 
 
 
 
 
 
Current
4.0

 

 

 
4.0

Non-current
557.7

 
0.8

 
(2.2
)
 
559.1

Total marketable debt securities
$
5,398.0

 
$
2.9

 
$
(11.2
)
 
$
5,406.3

Marketable equity securities, non-current
$
24.9

 
$
0.7

 
$
(9.3
)
 
$
33.5

As of December 31, 2015 (In millions)
Fair
Value
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Amortized
Cost
Corporate debt securities
 
 
 
 
 
 
 
Current
$
394.3

 
$

 
$
(0.5
)
 
$
394.8

Non-current
1,116.6

 
0.1

 
(4.1
)
 
1,120.6

Government securities
 
 
 
 
 
 
 
Current
1,723.4

 
0.1

 
(1.1
)
 
1,724.4

Non-current
1,152.5

 

 
(3.1
)
 
1,155.6

Mortgage and other asset backed securities
 
 
 
 
 
 
 
Current
2.8

 

 

 
2.8

Non-current
491.3

 
0.1

 
(1.8
)
 
493.0

Total marketable debt securities
$
4,880.9

 
$
0.3

 
$
(10.6
)
 
$
4,891.2

Marketable equity securities, non-current
$
37.5

 
$
9.2

 
$

 
$
28.3

Summary of contractual maturities: Available-for-sale securities
 
As of December 31, 2016
 
As of December 31, 2015
(In millions)
Estimated
Fair  Value
 
Amortized
Cost
 
Estimated
Fair  Value
 
Amortized
Cost
Due in one year or less
$
2,568.6

 
$
2,569.1

 
$
2,120.5

 
$
2,122.0

Due after one year through five years
2,552.6

 
2,559.7

 
2,575.9

 
2,583.9

Due after five years
276.8

 
277.5

 
184.5

 
185.3

Total available-for-sale securities
$
5,398.0

 
$
5,406.3

 
$
4,880.9

 
$
4,891.2

Proceeds from marketable securities, excluding strategic investments
 
For the Years Ended December 31,
(In millions)
2016
 
2015
 
2014
Proceeds from maturities and sales
$
7,378.9

 
$
4,063.0

 
$
2,718.9

Realized gains
$
3.3

 
$
1.5

 
$
0.7

Realized losses
$
4.3

 
$
3.5

 
$
0.5