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Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2015
Investments, Debt and Equity Securities [Abstract]  
Investments in marketable securities
Our investments in marketable securities consisted of the following:
 
As of March 31, 2015
 
As of December 31, 2014
(millions)
Amortized
Cost
 
Fair
Value
 
Amortized
Cost
 
Fair
Value
Corporate debt securities
$
57

 
$
57

 
$
93

 
$
93

U.S. government and agency debt securities
6

 
6

 
22

 
22

Asset-backed debt securities
13

 
13

 
17

 
17

Certificates of deposit
11

 
11

 
18

 
18

Municipal debt securities
2

 
2

 
4

 
4

Total marketable securities
$
89

 
$
89

 
$
154

 
$
154

Contractual maturities of marketable securities
Contractual maturities of marketable securities as of March 31, 2015 were as follows:
(millions)
Amortized
Cost
 
Fair
Value
Due in 1 year or less
$
61

 
$
61

Due in 1-5 years
28

 
28

Total marketable securities
$
89

 
$
89