Intel 1997 Annual Report Download - page 51

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Available-for-sale securities with a fair value at the date of sale of $153 million, $225 million and $114 million were sold in 1997, 1996 and
1995, respectively. The gross realized gains on these sales totaled $106 million, $7 million and $60 million, respectively.
The amortized cost and estimated fair value of investments in debt securities at December 27, 1997, by contractual maturity, were as follows:
Preferred stock and
other equity 270 174 (3) 441
-------- -------- -------- --------
Total equity
securities 1,161 245 (18) 1,388
-------- -------- -------- --------
Swaps hedging
investments
in debt securities -- 5 (17) (12)
Swaps hedging investments
in equity securities -- 15 (42) (27)
Options hedging investments
in equity securities (9) -- (16) (25)
Currency forward contracts
hedging investments
in debt securities -- 5 -- 5
-------- -------- -------- --------
Total
available-for-sale
securities 8,840 294 (107) 9,027
Less amounts classified
as cash equivalents (3,932) -- -- (3,932)
-------- -------- -------- --------
Total investments $ 4,908 $ 294 $ (107) $ 5,095
======== ======== ======== ========
Estimated
(In millions) Cost fair value
--------------------------------------------------------------------------------
Due in 1 year or less $ 8,925 $ 8,863
Due in 1-2 years 638 620
Due in 2-5 years 293 295
Due after 5 years 375 374
-------- --------
Total investments in debt securities $ 10,231 $ 10,152
======== ========