Quarterly report pursuant to Section 13 or 15(d)

MARKETABLE SECURITIES (Tables)

v3.10.0.1
MARKETABLE SECURITIES (Tables)
 9 Months Ended
Sep. 30, 2018
Investments, Debt and Equity Securities [Abstract]  
Summary of marketable securities A summary of marketable securities, all of which are classified as current, was as follows:
 
 
 
September 30, 2018
 
December 31, 2017
In millions
 
Cost
 
Gross unrealized gains/(losses)(1)
 
Estimated
fair value
 
Cost
 
Gross unrealized gains/(losses)(1)
 
Estimated
fair value
Equity securities
 
 

 
 

 
 

 
 

 
 

 
 

Debt mutual funds
 
$
84

 
$
—

 
$
84

 
$
170

 
$
—

 
$
170

Certificates of deposit
 
83

 
—

 
83

 
12

 
—

 
12

Equity mutual funds
 
14

 
3

 
17

 
12

 
3

 
15

Debt securities
 
1

 
—

 
1

 
1

 
—

 
1

Total marketable securities
 
$
182

 
$
3

 
$
185

 
$
195

 
$
3

 
$
198

____________________________________
(1) Unrealized gains and losses for debt securities are recorded in other comprehensive income (See NOTE 13, "ACCUMULATED OTHER COMPREHENSIVE LOSS," to our Condensed Consolidated Financial Statements for more information). Effective January 1, 2018, with the adoption of the FASB standard, all unrealized gains and losses for equity securities are recorded in other income, net in the Condensed Consolidated Statements of Income. See NOTE 16, "RECENTLY ADOPTED AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS," for detailed information about the adoption of this standard.
Schedule of proceeds from sales and maturities The proceeds from sales and maturities of marketable securities were as follows:
 
 
Nine months ended
In millions
 
September 30,
2018
 
October 1,
2017
Proceeds from sales of marketable securities
 
$
234

 
$
97

Proceeds from maturities of marketable securities
 
64

 
121

Investments in marketable securities - liquidations
 
$
298

 
$
218