Quarterly report pursuant to Section 13 or 15(d)

MARKETABLE SECURITIES (Tables)

v2.4.0.6
MARKETABLE SECURITIES (Tables)
 3 Months Ended
Mar. 31, 2013
MARKETABLE SECURITIES  
Summary of marketable securities

 

 

 

 

March 31, 2013

 

December 31, 2012

 

 

 

 

 

Gross unrealized

 

Estimated

 

 

 

Gross unrealized

 

Estimated

 

In millions

 

Cost

 

gains/(losses)

 

fair value

 

Cost

 

gains/(losses)

 

fair value

 

Available-for-sale

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt mutual funds

 

$

110

 

$

1

 

$

111

 

$

139

 

$

3

 

$

142

 

Bank debentures

 

22

 

—

 

22

 

45

 

—

 

45

 

Certificates of deposit

 

59

 

—

 

59

 

47

 

—

 

47

 

Government debt securities-non-U.S.

 

3

 

—

 

3

 

3

 

—

 

3

 

Corporate debt securities

 

1

 

—

 

1

 

1

 

—

 

1

 

Equity securities and other(1)

 

—

 

—

 

—

 

—

 

9

 

9

 

Total marketable securities

 

$

195

 

$

1

 

$

196

 

$

235

 

$

12

 

$

247

 

 

 

(1) In the first quarter of 2013 we recognized a $9 million gain on the sale of equity securities.
Summary of fair value of available-for-sale investments in debt securities by contractual maturity

 

 

Maturity date

 

 

 

In millions

 

Fair value

 

 

 

 

 

1 year or less

 

$

23

 

1-5 years

 

2

 

5-10 years

 

1

 

Total

 

$

26