Crucial 2012 Annual Report Download - page 57

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Investments
As of August 30, 2012 and September 1, 2011, available-for-sale investments, including cash equivalents, were as follows:
As of 2012 2011
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses Fair Value Amortized Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses Fair Value
Money market funds $ 2,159 $ — $ — $ 2,159 $ 1,462 $ — $ — $ 1,462
Corporate bonds 233 1 — 234 — — — —
Government securities 144 — — 144 — — — —
Asset-backed securities 77 — — 77 — — — —
Commercial paper 39 — — 39 — — — —
Certificates of deposit 31 — — 31 155 — — 155
Marketable equity
securities 10 — — 10 27 32 (7) 52
$ 2,693 $ 1 $ — $ 2,694 $ 1,644 $ 32 $ (7) $ 1,669
As of August 30, 2012, no available-for-sale security had been in a loss position for longer than 12 months. During 2012,
we recognized an other-than-temporary impairment on one of our marketable equity securities of $11 million.
The table below presents the amortized cost and fair value of available-for-sale debt securities as of August 30, 2012 by
contractual maturity.
Amortized
Cost Fair Value
Money market funds not due at a single maturity date $ 2,159 $ 2,159
Due in 1 year or less 161 161
Due in 1 - 2 years 157 157
Due in 2 - 4 years 188 189
Due after 4 years 18 18
$ 2,683 $ 2,684
Net unrealized holding gains reclassified out of accumulated other comprehensive income from sales of available-for-sale
securities were $31 million for 2012. Proceeds from the sales of available-for-sale securities for 2012, 2011 and 2010 were
$149 million, $1 million, and $3 million, respectively. Gross realized gains from sales of available-for-sale securities were
$34 million for 2012 and gross realized gains and losses for all other periods presented were not significant.
Receivables
As of 2012 2011
Trade receivables (net of allowance for doubtful accounts of $5 and $3, respectively) $ 933 $ 1,105
Income and other taxes 80 137
Related party receivables 63 72
Other 213 183
$ 1,289 $ 1,497
As of August 30, 2012 and September 1, 2011, related party receivables included $62 million and $67 million,
respectively, due from Aptina Imaging Corporation ("Aptina") primarily for sales of image sensor products under a wafer
supply agreement. (See "Equity Method Investments" note.)