Investments (Tables)

3 Months Ended

Mar. 31, 2014

Investments, Debt and Equity Securities [Abstract]

Investments in available-for-sale securities

Investments in available-for-sale securities at March 31, 2014 were as follows:

Available-for-sale securities	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(Dollars in millions)
Current:
Federal government securities	$	2.8	$	—	$	—		$	2.8
U.S. corporate bonds	10.6		0.1		—			10.7
Noncurrent:
Marketable equity securities	10.9		—		(1.7		)	9.2
Federal government securities	28.8		—		(0.1		)	28.7
U.S. corporate bonds	14.1		—		—			14.1
Total	$	67.2	$	0.1	$	(1.8	)	$	65.5

Investments in available-for-sale securities at December 31, 2013 were as follows:

Available-for-sale securities	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
			(Dollars in millions)
Current:
Federal government securities	$	2.8	$	—	$	—		$	2.8
U.S. corporate bonds	2.4		—		—			2.4
Noncurrent:
Marketable equity securities	10.9		1.3		—			12.2
Federal government securities	28.8		—		(0.1		)	28.7
U.S. corporate bonds	20.8		0.1		—			20.9
Total	$	65.7	$	1.4	$	(0.1	)	$	67.0

Contractual maturities for available for sale investment in debt securities

Contractual maturities for available-for-sale investments in debt securities at March 31, 2014 were as shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

Contractual maturities for available-for-sale securities	Cost		Fair Value
	(Dollars in millions)
Due in one year or less	$	13.4	$	13.5
Due in one to five years	42.9		42.8
Total	$	56.3	$	56.3