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Fair Value (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

Level 1

 

Level 2

 

Level 3

Available-for-sale securities

$

299 

 

$

163 

 

$

136 

 

$

 -

Trading securities

 

80 

 

 

80 

 

 

 -

 

 

 -

Total assets

$

379 

 

$

243 

 

$

136 

 

$

 -



 

 

 

 

 

 

 

 

 

 

 

Contingent Value Right (CVR)

$

 

$

 

$

 -

 

$

 -

CVR-related liability

 

252 

 

 

 -

 

 

 -

 

 

252 

Fair value of interest rate swap agreements

 

49 

 

 

 -

 

 

49 

 

 

 -

Total liabilities

$

302 

 

$

 

$

49 

 

$

252 



 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

Level 1

 

Level 2

 

Level 3

Available-for-sale securities

$

271 

 

$

155 

 

$

116 

 

$

 -

Trading securities

 

61 

 

 

61 

 

 

 -

 

 

 -

Total assets

$

332 

 

$

216 

 

$

116 

 

$

 -



 

 

 

 

 

 

 

 

 

 

 

Contingent Value Right (CVR)

$

 

$

 

$

 -

 

$

 -

CVR-related liability

 

261 

 

 

 -

 

 

 -

 

 

261 

Fair value of interest rate swap agreements

 

76 

 

 

 -

 

 

76 

 

 

 -

Total liabilities

$

339 

 

$

 

$

76 

 

$

261 



Available-for-sale Securities



 

 

 

 

 

 

 

 

 

 

 



 

 

 

Gross

 

Gross

 

Estimated



Amortized

 

Unrealized

 

Unrealized

 

Fair



Cost

 

Gains

 

Losses

 

Values

As of December 31, 2016:

 

 

 

 

 

 

 

 

 

 

 

Debt securities and debt-based mutual funds

 

 

 

 

 

 

 

 

 

 

 

Government and corporate

$

232 

 

$

 -

 

$

(9)

 

$

223 

Equity securities and equity-based mutual funds

 

 

 

 

 

 

 

 

 

 

 

Domestic

 

67 

 

 

 

 

 -

 

 

70 

International

 

 

 

 -

 

 

 -

 

 

Totals

$

305 

 

$

 

$

(9)

 

$

299 



 

 

 

 

 

 

 

 

 

 

 





 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



 

 

 

Gross

 

Gross

 

Estimated



Amortized

 

Unrealized

 

Unrealized

 

Fair



Cost

 

Gains

 

Losses

 

Values

As of December 31, 2015:

 

 

 

 

 

 

 

 

 

 

 

Debt securities and debt-based mutual funds

 

 

 

 

 

 

 

 

 

 

 

Government and corporate

$

161 

 

$

 

$

(6)

 

$

156 

Equity securities and equity-based mutual funds

 

 

 

 

 

 

 

 

 

 

 

Domestic

 

79 

 

 

15 

 

 

(1)

 

 

93 

International

 

21 

 

 

 

 

 -

 

 

22 

Totals

$

261 

 

$

17 

 

$

(7)

 

$

271 



 

 

 

 

 

 

 

 

 

 

 



Contractual Maturities of Debt Securities



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



December 31, 2016

 

December 31, 2015



Amortized

 

Estimated

 

Amortized

 

Estimated



Cost

 

Fair Values

 

Cost

 

Fair Values

Within 1 year

$

 

$

 

$

 

$

After 1 year and through year 5

 

40 

 

 

40 

 

 

12 

 

 

12 

After 5 years and through year 10

 

42 

 

 

40 

 

 

11 

 

 

11 

After 10 years

 

57 

 

 

54 

 

 

22 

 

 

22 



 

 

 

 

 

 

 

 

 

 

 



Gross Realized Gains and Losses and Investment Income on Available-for-sale Securities



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



Year Ended December 31,



2016

 

2015

 

2014

Realized gains

$

28 

 

$

 

$

13 

Realized losses

 

(6)

 

 

(6)

 

 

(3)

Investment income