Investments (Tables)

6 Months Ended

Jun. 30, 2012

Investments

Schedule of interest bearing assets

	June 30,		December 31,
(in millions)	2012		2011
Cash and cash equivalents	$	286	$	272
Short-term investments	516		785
Fiduciary assets (1)	4,676		4,190
Investments	200		239
	$	5,678	$	5,486

(1)  Fiduciary assets include funds held on behalf of clients but does not include fiduciary receivables.

Schedule of investments

	June 30,		December 31,
(in millions)	2012		2011
Equity method investments (2)	$	129	$	164
Other investments, at cost	53		60
Fixed-maturity securities	18		15
	$	200	$	239

(2)  The reduction in equity method investments is primarily due to redemptions.