As of December 31, 2012 | ||||||||||||||||||||||||
Adjusted Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | Cash and Cash Equivalents | Marketable Securities | |||||||||||||||||||
Cash | $ | 8,066 | $ | 0 | $ | 0 | $ | 8,066 | $ | 8,066 | $ | 0 | ||||||||||||
Level 1: | ||||||||||||||||||||||||
Money market and other funds | 5,221 | 0 | 0 | 5,221 | 5,221 | 0 | ||||||||||||||||||
U.S. government notes | 10,853 | 77 | (1 | ) | 10,929 | 0 | 10,929 | |||||||||||||||||
Marketable equity securities | 12 | 88 | 0 | 100 | 0 | 100 | ||||||||||||||||||
16,086 | 165 | (1 | ) | 16,250 | 5,221 | 11,029 | ||||||||||||||||||
Level 2: | ||||||||||||||||||||||||
Time deposits(1) | 984 | 0 | 0 | 984 | 562 | 422 | ||||||||||||||||||
Money market and other funds(2) | 929 | 0 | 0 | 929 | 929 | 0 | ||||||||||||||||||
U.S. government agencies | 1,882 | 20 | 0 | 1,902 | 0 | 1,902 | ||||||||||||||||||
Foreign government bonds | 1,996 | 81 | (3 | ) | 2,074 | 0 | 2,074 | |||||||||||||||||
Municipal securities | 2,249 | 23 | (6 | ) | 2,266 | 0 | 2,266 | |||||||||||||||||
Corporate debt securities | 7,200 | 414 | (14 | ) | 7,600 | 0 | 7,600 | |||||||||||||||||
Agency residential mortgage-backed securities | 7,039 | 136 | (6 | ) | 7,169 | 0 | 7,169 | |||||||||||||||||
Asset-backed securities | 847 | 1 | 0 | 848 | 0 | 848 | ||||||||||||||||||
23,126 | 675 | (29 | ) | 23,772 | 1,491 | 22,281 | ||||||||||||||||||
Total | $ | 47,278 | $ | 840 | $ | (30 | ) | $ | 48,088 | $ | 14,778 | $ | 33,310 | |||||||||||
As of December 31, 2013 | ||||||||||||||||||||||||
Adjusted Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | Cash and Cash Equivalents | Marketable Securities | |||||||||||||||||||
Cash | $ | 9,909 | $ | 0 | $ | 0 | $ | 9,909 | $ | 9,909 | $ | 0 | ||||||||||||
Level 1: | ||||||||||||||||||||||||
Money market and other funds | 4,428 | 0 | 0 | 4,428 | 4,428 | 0 | ||||||||||||||||||
U.S. government notes | 18,276 | 23 | (37 | ) | 18,262 | 2,501 | 15,761 | |||||||||||||||||
Marketable equity securities | 197 | 167 | 0 | 364 | 0 | 364 | ||||||||||||||||||
22,901 | 190 | (37 | ) | 23,054 | 6,929 | 16,125 | ||||||||||||||||||
Level 2: | ||||||||||||||||||||||||
Time deposits(1) | 1,207 | 0 | 0 | 1,207 | 790 | 417 | ||||||||||||||||||
Money market and other funds(2) | 1,270 | 0 | 0 | 1,270 | 1,270 | 0 | ||||||||||||||||||
U.S. government agencies | 4,575 | 3 | (3 | ) | 4,575 | 0 | 4,575 | |||||||||||||||||
Foreign government bonds | 1,502 | 5 | (26 | ) | 1,481 | 0 | 1,481 | |||||||||||||||||
Municipal securities | 2,904 | 9 | (36 | ) | 2,877 | 0 | 2,877 | |||||||||||||||||
Corporate debt securities | 7,300 | 162 | (67 | ) | 7,395 | 0 | 7,395 | |||||||||||||||||
Agency residential mortgage-backed securities | 5,969 | 27 | (187 | ) | 5,809 | 0 | 5,809 | |||||||||||||||||
Asset-backed securities | 1,142 | 0 | (2 | ) | 1,140 | 0 | 1,140 | |||||||||||||||||
25,869 | 206 | (321 | ) | 25,754 | 2,060 | 23,694 | ||||||||||||||||||
Total | $ | 58,679 | $ | 396 | $ | (358 | ) | $ | 58,717 | $ | 18,898 | $ | 39,819 | |||||||||||
(1) | Majority of our time deposits are foreign deposits. |
(2) | The balances at December 31, 2012 and December 31, 2013 were related to cash collateral received in connection with our securities lending program, which was invested in reverse repurchase agreements maturing within three months. See below for further discussion of this program. |