Quarterly report pursuant to Section 13 or 15(d)

Investments (Tables)

v2.4.1.9
Investments (Tables)
 3 Months Ended
Apr. 03, 2015
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):
 
April 3,
2015

December 31,
2014

Marketable securities
$
255

$
315

Other assets
96

94

Total trading securities
$
351

$
409

Available-for-sale securities and held-to-maturity securities
As of April 3, 2015, available-for-sale securities consisted of the following (in millions):
 
 
Gross Unrealized
 
 
Cost

Gains

Losses

Fair Value

Available-for-sale securities:1
 
 
 
 
Equity securities
$
3,426

$
1,073

$
(20
)
$
4,479

Debt securities
3,422

109

(24
)
3,507

Total available-for-sale securities
$
6,848

$
1,182

$
(44
)
$
7,986


1 Refer to Note 14 for additional information related to the estimated fair value.
As of December 31, 2014, available-for-sale securities consisted of the following (in millions):
 
 
Gross Unrealized
 
 
 
Cost

Gains

Losses

 
Fair Value

Available-for-sale securities:1
 
 
 
 
 
Equity securities
$
2,687

$
1,463

$
(29
)
 
$
4,121

Debt securities
3,796

68

(106
)
2 
3,758

Total available-for-sale securities
$
6,483

$
1,531

$
(135
)
 
$
7,879

1 Refer to Note 14 for additional information related to the estimated fair value.
2 Includes $101 million recognized in the condensed consolidated income statement line item other income (loss) — net during the year ended December 31, 2014. The amount was primarily offset by changes in the fair value of foreign currency contracts designated as fair value hedges. Refer to Note 5 for additional information.
Schedule of Realized Gain (Loss) [Table Text Block]
The sale and/or maturity of available-for-sale securities resulted in the following realized activity (in millions):
 
Three Months Ended
 
April 3,
2015

March 28,
2014

Gross gains
$
34

$
3

Gross losses
(7
)
(4
)
Proceeds
1,442

1,365

Investments by Balance Sheet Grouping
The Company's available-for-sale securities were included in the following line items in our condensed consolidated balance sheets (in millions):
 
April 3,
2015

December 31,
2014

Cash and cash equivalents
$
1

$
43

Marketable securities
3,217

3,350

Other investments
3,880

3,512

Other assets
888

974

Total available-for-sale securities
$
7,986

$
7,879

Contractual maturity amounts of the investment securities
The contractual maturities of these available-for-sale securities as of April 3, 2015 were as follows (in millions):
 
Cost

Fair Value

Within 1 year
$
1,170

$
1,170

After 1 year through 5 years
1,792

1,837

After 5 years through 10 years
110

129

After 10 years
350

371

Equity securities
3,426

4,479

Total available-for-sale securities
$
6,848

$
7,986