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CASH EQUIVALENT AND INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2015
Available For Sale Securities Schedule
As of June 30, 2015
Balance sheet location
CostGross Unrealized GainsFair ValueCash and cash equivalentsShort-term investmentsOther assets
Money market mutual funds$135.2$-$135.2$135.2$-$-
Certificates of deposit and money market deposit accounts (1)$1,203.7$ - $1,203.7$679.3$508.9$15.5
Fixed maturity and open ended mutual funds (2)$42.3$2.8$45.1$-$-$45.1
As of December 31, 2014
Balance sheet location
CostGross Unrealized GainsFair ValueCash and cash equivalentsShort-term investmentsOther assets
Money market mutual funds$149.7$-$149.7$149.7$-$-
Certificates of deposit and money market deposit accounts (1)$842.5$-$842.5$380.1$458.1$4.3
Fixed maturity and open ended mutual funds (2)$47.1$0.9$48.0$-$-$48.0
(1) Consists of time deposits and money market deposit accounts. The remaining contractual maturities for the certificates of deposits classified as short-term investments were one month to eight months and one month to ten months at June 30, 2015 and December 31, 2014, respectively. Time deposits with a maturity of less than 90 days at time of purchase are classified as cash and cash equivalents.
(2) Consists of investments in fixed maturity mutual funds and open-ended mutual funds. The remaining contractual maturities for the fixed maturity instruments range from one month to 25 months and two months to 23 months at June 30, 2015 and December 31, 2014, respectively.