Investments

6 Months Ended

Aug. 02, 2014

Investments

14. Investments

Investments in debt and equity securities held by certain insurance subsidiaries, acquired as part of the Acquisition, are reported as other assets in the accompanying condensed consolidated balance sheets. Investments are recorded at fair value based on quoted market prices for identical or similar securities. All investments are classified as available-for-sale.

Investments consist of the following:

	August 2, 2014				August 3, 2013
(in millions)	Cost		Fair Value		Cost		Fair Value
US Treasury securities	$	10.0	$	9.9	$	n/a	$	n/a
US government agency securities		1.3		1.3		n/a		n/a
Corporate bonds and notes		8.7		8.6		n/a		n/a
Corporate equity securities		2.5		2.5		n/a		n/a
	$	22.5	$	22.3	$	n/a	$	n/a

n/a Not applicable as all investments were acquired as part of the Acquisition that occurred during Fiscal 2015.

At August 2, 2014, the carrying value of investments included a net unrealized loss of $0.2 million, which is included in OCI. Realized gains and losses on investments are determined on the specific identification basis. There were no material net realized gains or losses during the 13 or 26 weeks ended August 2, 2014. Investments with a carrying value of $7.4 million were on deposit with various state insurance departments at August 2, 2014, as required by law.

Debt securities outstanding as of August 2, 2014 mature as follows:

(in millions)	Cost		Fair Value
Less than one year	$	1.8	$	1.8
Year two through year five		11.1		11.0
Year six through year ten		7.0		6.9
After ten years		0.1		0.1
	$	20.0	$	19.8