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Available-for-Sale-Securities
12 Months Ended
Dec. 31, 2016
Available-for-sale Securities [Abstract]  
Available-for-Sale-Securities
Available-for-Sale-Securitie
The following table is a summary of available-for-sale securities recorded in cash and cash equivalents in our Consolidated Balance Sheets (in thousands):
 
December 31, 2016
 
December 31, 2015
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Estimated Fair Value
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Estimated Fair Value
Certificate of deposits
$

 
$

 
$

 
$

 
$
249.0

 
$

 
$

 
$
249.0

Corporate debt securities

 

 

 

 
1,047.2

 

 

 
1,047.2

Money market funds
4,426.8

 

 

 
4,426.8

 
837.7

 

 

 
837.7

Municipal debt securities

 

 

 

 
4,740.9

 
0.8

 

 
4,741.7

Total
$
4,426.8

 
$

 
$

 
$
4,426.8

 
$
6,874.8

 
$
0.8

 
$

 
$
6,875.6



Estimated fair values of available-for-sale securities are generally based on prices obtained from commercial pricing services. The following table summarizes the classification of the available-for-sale debt securities on our Consolidated Balance Sheets (in thousands):
 
December 31, 2016
 
December 31, 2015
Cash and cash equivalents
$
4,426.8

 
$
6,875.6

Marketable securities

 

Total
$
4,426.8

 
$
6,875.6



The following table summarizes our portfolio of available-for-sale debt securities by contractual maturity (in thousands):
 
 
December 31, 2016
 
Amortized Cost
 
Estimated Fair Value
Less than one year
$
4,426.8

 
$
4,426.8

Greater than one year

 

Total
$
4,426.8

 
$
4,426.8