Quarterly report pursuant to Section 13 or 15(d)

MARKETABLE SECURITIES

v2.4.0.6
MARKETABLE SECURITIES
 3 Months Ended
Apr. 01, 2012
MARKETABLE SECURITIES  
MARKETABLE SECURITIES

NOTE 5.  MARKETABLE SECURITIES

 

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

 

 

 

April 1, 2012

 

December 31, 2011

 

 

 

 

 

Gross unrealized

 

Estimated

 

 

 

Gross unrealized

 

Estimated

 

In millions

 

Cost

 

gains/(losses)

 

fair value

 

Cost

 

gains/(losses)

 

fair value

 

Available-for-sale

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt mutual funds

 

$

115

 

$

2

 

$

117

 

$

115

 

$

2

 

$

117

 

Bank debentures

 

64

 

—

 

64

 

82

 

—

 

82

 

Certificates of deposit

 

58

 

—

 

58

 

66

 

—

 

66

 

Government debt securities-non-U.S.

 

3

 

—

 

3

 

3

 

—

 

3

 

Corporate debt securities

 

2

 

—

 

2

 

2

 

—

 

2

 

Equity securities and other

 

—

 

8

 

8

 

—

 

7

 

7

 

Total marketable securities

 

$

242

 

$

10

 

$

252

 

$

268

 

$

9

 

$

277

 

 

At April 1, 2012, the fair value of available-for-sale investments in debt securities by contractual maturity was as follows:

 

Maturity date

 

 

 

In millions

 

Fair value

 

1 year or less

 

$

28

 

1-5 years

 

39

 

5-10 years

 

1

 

After 10 years

 

1

 

Total

 

$

69