Quarterly report pursuant to Section 13 or 15(d)

Investments (Tables)

v2.4.0.6
Investments (Tables)
 9 Months Ended
Sep. 28, 2012
Investments [Abstracts]  
Schedule of trading securities
The Company's trading securities were included in the following line items in our condensed consolidated balance sheets (in millions):
 
September 28,
2012

December 31,
2011

Marketable securities
$
174

$
138

Other assets
81

73

Total trading securities
$
255

$
211

Certain Debt and Marketable Equity Securities, Available-for-Sale and Held-To-Maturity Securities, Value and Maturities
As of September 28, 2012, available-for-sale and held-to-maturity securities consisted of the following (in millions):
 
 
Gross Unrealized
Estimated

 
Cost

Gains

Losses

Fair Value

Available-for-sale securities:1
 
 
 
 
Equity securities
$
1,017

$
707

$
(10
)
$
1,714

Debt securities
3,239

55

(4
)
3,290

 
$
4,256

$
762

$
(14
)
$
5,004

Held-to-maturity securities:
 
 
 
 
Bank and corporate debt
$
—

$
—

$
—

$
—


1 Refer to Note 14 for additional information related to the estimated fair value.
As of December 31, 2011, available-for-sale and held-to-maturity securities consisted of the following (in millions):
 
 
Gross Unrealized
Estimated

 
Cost

Gains

Losses

Fair Value

Available-for-sale securities:1
 
 
 
 
Equity securities
$
834

$
237

$
—

$
1,071

Debt securities
332

1

(3
)
330

 
$
1,166

$
238

$
(3
)
$
1,401

Held-to-maturity securities:
 
 
 
 
Bank and corporate debt
$
113

$
—

$
—

$
113

1 Refer to Note 14 for additional information related to the estimated fair value.
Investments by Balance Sheet Grouping
The Company's available-for-sale and held-to-maturity securities were included in the following line items in our condensed consolidated balance sheets (in millions):
 
September 28, 2012
 
December 31, 2011
 
Available-
for-Sale
Securities

Held-to-
Maturity
Securities

 
Available-
for-Sale
Securities

Held-to-
Maturity
Securities

Cash and cash equivalents
$
1

$
—

 
$
—

$
112

Marketable securities
2,974

—

 
5

1

Other investments, principally bottling companies
1,456

—

 
986

—

Other assets
573

—

 
410

—

 
$
5,004

$
—

 
$
1,401

$
113

Contractual maturity amounts of the investment securities
The contractual maturities of these investments as of September 28, 2012, were as follows (in millions):
 
Available-for-Sale
Securities
 
Held-to-Maturity
Securities
 
Cost

Fair Value

 
Amortized Cost

Fair Value

Within 1 year
$
1,060

$
1,067

 
$
—

$
—

After 1 year through 5 years
1,583

1,591

 
—

—

After 5 years through 10 years
289

323

 
—

—

After 10 years
307

309

 
—

—

Equity securities
1,017

1,714

 
—

—

 
$
4,256

$
5,004

 
$
—

$
—

Schedule of Realized Gain (Loss) [Table Text Block]
The sale and/or maturity of available-for-sale securities resulted in the following activity during the three and nine months ended September 28, 2012 (in millions):
 
September 28, 2012
 
Three Months Ended
 
Nine Months Ended
Gross gains
$
22

 
$
34

Gross losses
(26
)
 
(28
)
Proceeds
1,256

 
4,098