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Marketable Securities
3 Months Ended
Mar. 31, 2012
Marketable Securities

Note 9. Marketable Securities

 

    March 31, 2012     December 31, 2011  
          Unrealized     Fair           Unrealized     Fair  
    Cost     Gains     Value     Cost     Gains     Value  
 U.S. government securities   $ 8     $ -     $ 8     $ 10     $ -     $ 10  
 Corporate securities     10               10       8               8  
 Certificates of deposit     13               13       13               13  
 Other     25       2     27       25               25  
 Total marketable securities   $ 56     $ 2   $ 58     $ 56     $ -     $ 56  

  

U.S. government securities include bonds issued by government-sponsored agencies and Treasury notes. Corporate securities include both debt and equity securities. Other consists of investments in mutual and index funds. U.S. government securities, corporate debt and certificates of deposit maturing in one year or less, after one year through five years and after five years total $14, $9 and $8 at March 31, 2012.

 

Proceeds from liquidating available-for-sale marketable securities prior to their scheduled maturities were $1 and $5 in the first quarters of 2012 and 2011. The related gains and losses realized on this activity were not significant.