Quarterly report pursuant to Section 13 or 15(d)

MARKETABLE SECURITIES (Tables)

v3.19.2
MARKETABLE SECURITIES (Tables)
 6 Months Ended
Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]  
Summary of marketable securities
A summary of marketable securities, all of which were classified as current, was as follows:
 
 
 
June 30,
2019
 
December 31,
2018
In millions
 
Cost
 
Gross unrealized gains/(losses)(1)
 
Estimated
fair value
 
Cost
 
Gross unrealized gains/(losses)(1)
 
Estimated
fair value
Equity securities
 
 

 
 

 
 

 
 

 
 

 
 

Certificates of deposit
 
$
172

 
$
—

 
$
172

 
$
101

 
$
—

 
$
101

Debt mutual funds
 
140

 
2

 
142

 
103

 
1

 
104

Equity mutual funds
 
17

 
3

 
20

 
16

 
—

 
16

Debt securities
 
1

 
—

 
1

 
1

 
—

 
1

Total marketable securities
 
$
330

 
$
5

 
$
335

 
$
221

 
$
1

 
$
222

____________________________________
(1) Unrealized gains and losses for debt securities are recorded in other comprehensive income while unrealized gains and losses for equity securities are recorded in "Other income, net" in our Condensed Consolidated Statements of Net Income.
Schedule of proceeds from sales and maturities
The proceeds from sales and maturities of marketable securities were as follows:
 
 
Six months ended
In millions
 
June 30,
2019
 
July 1,
2018
Proceeds from sales of marketable securities
 
$
97

 
$
81

Proceeds from maturities of marketable securities
 
56

 
35

Investments in marketable securities - liquidations
 
$
153

 
$
116