INVESTMENT SECURITIES (Tables)

9 Months Ended

Sep. 30, 2012

Schedule Of Investment Securities Classified As Current And Long-Term

Investment securities classified as current and long-term were as follows at September 30, 2012 and December 31, 2011, respectively:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(in millions)
September 30, 2012
U.S. Treasury and other U.S. government corporations and agencies:
U.S. Treasury and agency obligations	$	545	$	18	$	0		$	563
Mortgage-backed securities		1,836		107		(1	)		1,942
Tax-exempt municipal securities		2,688		192		(2	)		2,878
Mortgage-backed securities:
Residential		36		1		(1	)		36
Commercial		613		45		0			658
Asset-backed securities		36		1		0			37
Corporate debt securities		3,377		406		(2	)		3,781
Total debt securities	$	9,131	$	770	$	(6	)	$	9,895
December 31, 2011
U.S. Treasury and other U.S. government corporations and agencies:
U.S. Treasury and agency obligations	$	705	$	20	$	0		$	725
Mortgage-backed securities		1,701		85		(2	)		1,784
Tax-exempt municipal securities		2,709		149		(2	)		2,856
Mortgage-backed securities:
Residential		46		0		(2	)		44
Commercial		356		25		0			381
Asset-backed securities		82		1		0			83
Corporate debt securities		3,329		262		(11	)		3,580
Total debt securities	$	8,928	$	542	$	(17	)	$	9,453

Schedule Of Gross Unrealized Losses And Fair Values Of Securities

Gross unrealized losses and fair values aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position were as follows at September 30, 2012 and December 31, 2011, respectively:

	Less than 12 months					12 months or more					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
	(in millions)
September 30, 2012
U.S. Treasury and other U.S. government corporations and agencies:
U.S. Treasury and agency obligations	$	49	$	0		$	1	$	0		$	50	$	0
Mortgage-backed securities		54		(1	)		15		0			69		(1	)
Tax-exempt municipal securities		51		(1	)		25		(1	)		76		(2	)
Mortgage-backed securities:
Residential		0		0			4		(1	)		4		(1	)
Commercial		10		0			0		0			10		0
Asset-backed securities		0		0			7		0			7		0
Corporate debt securities		62		(2	)		6		0			68		(2	)
Total debt securities	$	226	$	(4	)	$	58	$	(2	)	$	284	$	(6	)
December 31, 2011
U.S. Treasury and other U.S. government corporations and agencies:
U.S. Treasury and agency obligations	$	117	$	0		$	0	$	0		$	117	$	0
Mortgage-backed securities		67		(1	)		18		(1	)		85		(2	)
Tax-exempt municipal securities		53		0			48		(2	)		101		(2	)
Mortgage-backed securities:
Residential		3		0			24		(2	)		27		(2	)
Commercial		14		0			0		0			14		0
Asset-backed securities		16		0			4		0			20		0
Corporate debt securities		355		(10	)		41		(1	)		396		(11	)
Total debt securities	$	625	$	(11	)	$	135	$	(6	)	$	760	$	(17	)

Schedule Of Realized Gains (Losses) Related To Investment Securities Included Within Investment Income

The detail of realized gains (losses) related to investment securities and included within investment income was as follows for the three and nine months ended September 30, 2012 and 2011:

	For the three months ended September 30,						For the nine months ended September 30,
	2012			2011			2012			2011
	(in millions)
Gross realized gains	$	10		$	5		$	26		$	16
Gross realized losses		(4	)		(3	)		(6	)		(9	)
Net realized capital gains	$	6		$	2		$	20		$	7

Schedule Of Contractual Maturities Of Debt Securities Available For Sale

The contractual maturities of debt securities available for sale at September 30, 2012, regardless of their balance sheet classification, are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

	Amortized Cost		Fair Value
	(in millions)
Due within one year	$	393	$	396
Due after one year through five years		1,853		1,939
Due after five years through ten years		2,690		2,963
Due after ten years		1,674		1,924
Mortgage and asset-backed securities		2,521		2,673
Total debt securities	$	9,131	$	9,895