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Restricted Securities Available For Sale (Tables)
3 Months Ended
Mar. 31, 2014
Restricted Securities Available For Sale [Abstract]  
Schedule Of Restricted Securities Available For Sale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

As of March 31, 2014

 

Cost

 

Gross Unrealized Gains

 

Gross Unrealized Losses

 

Estimated Fair Value

Commercial paper

$

24.1 

 

$

 –

 

$

 –

 

$

24.1 

US Government and agency securities

 

19.9 

 

 

 –

 

 

(0.1)

 

 

19.8 

Certificates of deposit

 

5.1 

 

 

 –

 

 

 –

 

 

5.1 

Corporate bonds

 

3.4 

 

 

 –

 

 

(0.1)

 

 

3.3 

Total restricted securities available for sale

 

52.5 

 

 

 –

 

 

(0.2)

 

 

52.3 

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

As of December 31, 2013

 

Cost

 

Gross Unrealized Gains

 

Gross Unrealized Losses

 

Estimated Fair Value

Commercial paper

$

23.9 

 

$

 –

 

$

 –

 

$

23.9 

US Government and agency securities

 

22.3 

 

 

 –

 

 

(0.2)

 

 

22.1 

Certificates of deposit

 

4.6 

 

 

 –

 

 

 –

 

 

4.6 

Corporate bonds

 

3.1 

 

 

 –

 

 

(0.1)

 

 

3.0 

Total restricted securities available for sale

 

53.9 

 

 

 –

 

 

(0.3)

 

 

53.6 

 

Schedule Of Restricted Securities Available For Sale By Aging Category

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

Securities Available for Sale with Gross Unrealized Losses as of March 31, 2014

 

Less than 12 Months

 

12 Months or More

 

 

 

Estimated Fair Value

 

Gross Unrealized Losses

 

Estimated Fair Value

 

Gross Unrealized Losses

 

Total Estimated Fair Value

 

Total Gross Unrealized Losses

Commercial paper

$

6.9

 

$

 –

 

$

 –

 

$

 –

 

$

6.9

 

$

 -

US Government and agency securities

 

5.8

 

 

(0.1)

 

 

1.1

 

 

 –

 

 

6.9

 

 

(0.1)

Certificates of deposit

 

1.0

 

 

 –

 

 

 –

 

 

 –

 

 

1.0

 

 

 –

Corporate bonds

 

1.3

 

 

 -

 

 

0.9

 

 

(0.1

)

 

2.2

 

 

(0.1)

Total restricted securities available for sale

 

15.0

 

 

(0.1)

 

 

2.0

 

 

(0.1

)

 

17.0

 

 

(0.2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

Securities Available for Sale with Gross Unrealized Losses as of December 31, 2013

 

Less than 12 Months

 

12 Months or More

 

 

 

Estimated Fair Value

 

Gross Unrealized Losses

 

Estimated Fair Value

 

Gross Unrealized Losses

 

Total Estimated Fair Value

 

Total Gross Unrealized Losses

Commercial paper

$

10.0

 

$

 –

 

$

 –

 

$

 –

 

$

10.0

 

$

 –

US Government and agency securities

 

11.8

 

 

(0.2)

 

 

 –

 

 

 –

 

 

11.8

 

 

(0.2)

Certificates of deposit

 

1.9

 

 

 –

 

 

 –

 

 

 –

 

 

1.9

 

 

 –

Corporate bonds

 

2.3

 

 

(0.1)

 

 

 –

 

 

 –

 

 

2.3

 

 

(0.1)

Total restricted securities available for sale

 

26.0

 

 

(0.3)

 

 

 –

 

 

 –

 

 

26.0

 

 

(0.3)

 

Schedule Of Cost And Estimated Fair Values Of Debt Securities By Contractual Maturity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

As of

 

March 31, 2014

 

December 31, 2013

 

Cost

 

Estimated Fair Value

 

Cost

 

Estimated Fair Value

Contractual Maturity

 

 

 

 

 

 

 

 

 

 

 

Within one year

$

39.0 

 

$

39.0 

 

$

41.6 

 

$

41.6 

Over one year to five years

 

8.7 

 

 

8.6 

 

 

7.8 

 

 

7.8 

Over five years to ten years

 

4.6 

 

 

4.5 

 

 

4.5 

 

 

4.2 

Over ten years

 

0.2 

 

 

0.2 

 

 

 –

 

 

 –

Total restricted securities available for sale

$

52.5 

 

$

52.3 

 

$

53.9 

 

$

53.6