Investments

Investments in debt and equity securities acquired as a result of the Acquisition, see Note 3, are held by certain insurance subsidiaries and 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 in active markets. All investments are classified as available-for-sale and include the following:



	May 2, 2015							January 31, 2015							May 3, 2014
(in millions)	Cost		Unrealized Gain (Loss)			Fair Value		Cost		Unrealized Gain (Loss)			Fair Value		Cost	Unrealized Gain (Loss)	Fair Value
US Treasury securities	$	9.1	$	(0.1	)	$	9.0	$	9.7	$	(0.1	)	$	9.6	n/a	n/a	n/a
US government agency securities	0.6		(0.1		)	0.5		1.4		—			1.4		n/a	n/a	n/a
Corporate bonds and notes	10.0		0.1			10.1		10.6		0.2			10.8		n/a	n/a	n/a
Corporate equity securities	3.4		—			3.4		3.5		(0.1		)	3.4		n/a	n/a	n/a
Total investments	$	23.1	$	(0.1	)	$	23.0	$	25.2	$	—		$	25.2	n/a	n/a	n/a

n/aNot applicable as all investments were acquired as part of the Acquisition on May 29, 2014. See Note 3 for additional information.

At May 2, 2015, the carrying value of investments included a net unrealized loss of $0.1 million, which is included in AOCI. Realized gains and losses on investments are determined on the specific identification basis. There were no material net realized gains or losses for the 13 week period ended May 2, 2015. Investments with a carrying value of $7.2 million were on deposit with various state insurance departments at May 2, 2015 (January 31, 2015: $7.2 million), as required by law.

Investments in debt securities outstanding as of May 2, 2015 mature as follows:



(in millions)	Cost		Fair Value
Less than one year	$	0.7	$	0.7
Year two through year five	9.6		9.4
Year six through year ten	9.3		9.4
After ten years	0.1		0.1
Total investment in debt securities	$	19.7	$	19.6