Quarterly report pursuant to Section 13 or 15(d)

MARKETABLE SECURITIES

 v2.3.0.11
MARKETABLE SECURITIES
 6 Months Ended
Jun. 26, 2011
MARKETABLE SECURITIES  
MARKETABLE SECURITIES

NOTE 5.  MARKETABLE SECURITIES

 

A summary of marketable securities, all of which are classified as current, is as follows:

 

 

 

June 26, 2011

 

December 31, 2010

 

In millions

 

Cost

 

Gross unrealized
gains/(losses)

 

Estimated
fair value

 

Cost

 

Gross unrealized
gains/(losses)

 

Estimated 
fair value

 

Available-for-sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt mutual funds

 

$

184

 

$

3

 

$

187

 

$

179

 

$

1

 

$

180

 

Bank debentures

 

91

 

—

 

91

 

85

 

—

 

85

 

Certificates of deposit

 

71

 

—

 

71

 

59

 

—

 

59

 

Government debt securities-non-U.S.

 

4

 

(1

)

3

 

4

 

(1

)

3

 

Corporate debt securities

 

2

 

—

 

2

 

2

 

—

 

2

 

Equity securities and other

 

—

 

9

 

9

 

—

 

10

 

10

 

Total marketable securities

 

$

352

 

$

11

 

$

363

 

$

329

 

$

10

 

$

339

 

 

At June 26, 2011, the fair value of available-for-sale investments in debt securities by contractual maturity is as follows:

 

Maturity date

 

Fair value

 

In millions

 

 

 

1 year or less

 

$

88

 

1-5 years

 

6

 

5-10 years

 

1

 

After 10 years

 

1

 

Total

 

$

96