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Marketable Securities Held in Trusts (Tables)
12 Months Ended
Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]  
Available-for-sale securities
The estimated fair value of the investments in the RCRA Trusts is as follows:
 
December 31,
 
2016
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
Level 1
 
 
 
 
 
 
 
    Cash and cash equivalents
$
1.2

 
$

 
$

 
$
1.2

Level 2
 
 
 
 
 
 
 
    Corporate debt securities
180.2

 

 
(4.3
)
 
175.9

    Municipal bonds
180.9

 

 
(6.6
)
 
174.3

    U.S. government bonds
257.4

 
0.1

 
(0.3
)
 
257.2

Total
$
619.7

 
$
0.1

 
$
(11.2
)
 
$
608.6

Fair value of available-for-sale debt securities in an unrealized loss position
The following table shows the gross unrealized losses and fair values of the RCRA Trusts' available-for-sale securities that have been in a continuous unrealized loss position deemed to be temporary as of December 31, 2016.
 
December 31,
 
2016
 
Less than 12 months
 
Fair
Value
 
Gross
Unrealized
Losses
Corporate debt securities
$
163.7

 
$
(4.3
)
Municipal bonds
162.7

 
(6.6
)
U.S. government bonds
202.3

 
(0.3
)
Total
$
528.7

 
$
(11.2
)
Schedule of maturity dates for debt securities
The following table summarizes the balance by contractual maturity of the available-for-sale debt securities invested by the RCRA Trusts as of December 31, 2016. Actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations before the underlying contracts mature.
 
December 31,
 
2016
Due in one year or less
$
20.7

Due after one year through five years
364.8

Due after five years through ten years
163.1

Due after ten years
58.8

Total debt securities
$
607.4