Investments (Tables)

9 Months Ended

Sep. 29, 2012

Available For Sale Securities

Following is a summary of AFS securities as of September 29, 2012 and December 31, 2011:

	Amortized Cost		Gross Unrealized Gains	Gross Unrealized Losses	Fair Value
	(Amounts are in thousands)
September 29, 2012
Tax exempt bonds		$3,047,848	45,269	10		3,093,107
Taxable bonds		1,292,663	21,827	43		1,314,447
Restricted investments		170,000	604	---		170,604
Equity securities		400,511	54,385	9,691		445,205
		$4,911,022	122,085	9,744		5,023,363
December 31, 2011
Tax exempt bonds		$2,488,135	36,657	550		2,524,242
Taxable bonds		1,226,136	20,015	1,514		1,244,637
Restricted investments		170,000	---	3,019		166,981
Equity securities		296,105	35,564	14,274		317,395
		$4,180,376	92,236	19,357		4,253,255

Amortized Cost and Fair Value of Available For Sale Securities by Expected Maturity

The amortized cost and fair value of AFS securities by expected maturity as of September 29, 2012 and December 31, 2011 are as follows:

	September 29, 2012				December 31, 2011
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
	(Amounts are in thousands)
Due in one year or less	$	731,030		735,018		445,296		447,972
Due after one year through five years		2,809,061		2,851,636		2,492,484		2,524,020
Due after five years through ten years		522,757		534,130		348,427		356,808
Due after ten years		277,663		286,770		428,064		440,079
		4,340,511		4,407,554		3,714,271		3,768,879
Restricted investments		170,000		170,604		170,000		166,981
Equity securities		400,511		445,205		296,105		317,395
	$	4,911,022		5,023,363		4,180,376		4,253,255

Temporarily Impaired Available For Sale Securities by Time Period Impaired

Following is a summary of temporarily impaired AFS securities by the time period impaired as of September 29, 2012 and December 31, 2011:

	Less Than 12 Months			12 Months or Longer			Total
	Fair Value		Unrealized Losses	Fair Value		Unrealized Losses	Fair Value		Unrealized Losses
	(Amounts are in thousands)
September 29, 2012
Tax exempt bonds		$  19,113	10		---	---		19,113	10
Taxable bonds		42,103	43		---	---		42,103	43
Equity securities		57,548	4,787		17,396	4,904		74,944	9,691
Total temporarily impaired AFS securities		$118,764	4,840		17,396	4,904		136,160	9,744
December 31, 2011
Tax exempt bonds		$138,892	536		6,026	14		144,918	550
Taxable bonds		201,538	1,514		---	---		201,538	1,514
Restricted investments		166,981	3,019		---	---		166,981	3,019
Equity securities		86,236	13,899		1,889	375		88,125	14,274
Total temporarily impaired AFS securities		$593,647	18,968		7,915	389		601,562	19,357