Our investments in equity securities as of September 30, 2018 and December 31, 2017 are summarized based on the primary industry of the investee as follows (in millions).


	Cost Basis		Net Unrealized Gains		Fair Value
September 30, 2018 *
Banks, insurance and finance	$	42,010	$	51,499	$	93,509
Consumer products		38,793		39,858		78,651
Commercial, industrial and other		21,035		14,137		35,172

	$	101,838	$	105,494	$	207,332

Approximately 69% of the aggregate fair value was concentrated in five companies (American Express Company – $16.1 billion; Apple Inc. – $57.6 billion; Bank of America Corporation – $26.5 billion; The Coca-Cola Company – $18.5 billion and Wells Fargo & Company – $24.4 billion).


	Cost Basis		Net Unrealized Gains		Fair Value
December 31, 2017 *
Banks, insurance and finance	$	25,783	$	55,026	$	80,809
Consumer products		25,177		25,698		50,875
Commercial, industrial and other		23,716		15,140		38,856

	$	74,676	$	95,864	$	170,540

Approximately 65% of the aggregate fair value was concentrated in five companies (American Express Company – $15.1 billion; Apple Inc. – $28.2 billion; Bank of America Corporation – $20.7 billion; The Coca-Cola Company – $18.4 billion and Wells Fargo & Company – $29.3 billion).

Investments in equity securities are reflected in our Consolidated Balance Sheets as follows (in millions).


	September 30, 2018		December 31, 2017
Insurance and other	$	201,226	$	164,026
Railroad, utilities and energy *		1,616		1,961
Finance and financial products *		4,490		4,553

	$	207,332	$	170,540

Included in other assets.