Investments (Tables)

12 Months Ended

Dec. 31, 2014

Investments, Debt and Equity Securities [Abstract]

Schedule of interest bearing assets

The Company's interest-bearing assets and other investments are included in the following categories in the Consolidated Statements of Financial Position (in millions):

As of December 31	2014		2013
Cash and cash equivalents	$	374	$	477
Short-term investments	394		523
Fiduciary assets (1)	3,984		3,778
Investments	143		132
	$	4,895	$	4,910

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

Schedule of investments

The Company's investments are as follows (in millions):

As of December 31	2014		2013
Equity method investments (2)	$	124	$	113
Other investments, at cost	12		10
Fixed-maturity securities	7		9
	$	143	$	132

(2) The increase in equity method investments is primarily due to contributions to limited partnerships.