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Other Financial Information (Tables)
12 Months Ended
Dec. 31, 2014
Other Financial Information [Abstract]  
Inventories
Total inventories consisted of the following (in millions):
 
As of December 31,
 
2014
 
2013
Production materials
$
38.3

 
$
51.3

Finished goods
24.2

 
1.4

Inventories
$
62.5

 
$
52.7

Property and equipment
Property and equipment, net, consisted of the following (in millions):
 
As of December 31,
 
2014
 
2013
Computers and equipment
$
806.1

 
$
794.6

Software
161.2

 
108.4

Leasehold improvements
179.5

 
202.6

Furniture and fixtures
33.7

 
42.5

Building and building improvements
238.4

 
242.6

Land and land improvements
241.0

 
238.9

Construction-in-process
70.3

 
79.5

Property and equipment, gross
1,730.2

 
1,709.1

Accumulated depreciation
(825.9
)
 
(826.8
)
Property and equipment, net
$
904.3

 
$
882.3

Other long-term assets
Other long-term assets consisted of the following (in millions):
 
As of December 31,
 
2014
 
2013
Privately-held investments
$
89.9

 
$
57.2

Licensed software
8.6

 
90.4

Federal income tax receivable
20.0

 
20.0

Customer financing receivable
16.9

 
19.9

Inventory
8.0

 
15.2

Prepaid costs, deposits, and other
35.5

 
31.1

Promissory note in connection with the sale of Junos Pulse(1)
125.0

 

Other long-term assets
$
303.9

 
$
233.8


_______________________________
(1) 
Refer to Other Income (Expense), net below for further information on the promissory note.
Warranties
Changes in the Company’s warranty reserve were as follows (in millions):
 
As of December 31,
 
2014
 
2013
Beginning balance
$
28.0

 
$
29.7

Provisions made during the period, net
28.6

 
28.8

Adjustments related to pre-existing warranties

 
(2.1
)
Actual costs incurred during the period
(27.9
)
 
(28.4
)
Ending balance
$
28.7

 
$
28.0

Deferred revenue
Details of the Company's deferred revenue, as reported in the Consolidated Balance Sheets, were as follows (in millions):
 
As of December 31,
 
2014
 
2013
Deferred product revenue:
 
 
 
Undelivered product commitments and other product deferrals
$
180.3

 
$
184.9

Distributor inventory and other sell-through items
103.7

 
118.7

Deferred gross product revenue
284.0

 
303.6

Deferred cost of product revenue
(58.4
)
 
(58.6
)
Deferred product revenue, net
225.6

 
245.0

Deferred service revenue
850.1

 
824.3

Total
$
1,075.7

 
$
1,069.3

Reported as:
 
 
 
Current
$
780.8

 
$
705.8

Long-term
294.9

 
363.5

Total
$
1,075.7

 
$
1,069.3

Other (expense) income, net
Other income (expense), net consisted of the following (in millions):
 
Years Ended December 31,
 
2014
 
2013
 
2012
Interest income
$
10.0

 
$
8.7

 
$
11.0

Interest expense
(66.9
)
 
(58.4
)
 
(52.9
)
Net gain on legal settlement
196.1

 

 

Gain on investments
167.9

 
11.3

 
26.7

Gain on sale of Junos Pulse
19.6

 

 

Other
6.7

 
(2.0
)
 
(1.4
)
Other income (expense), net
$
333.4

 
$
(40.4
)
 
$
(16.6
)