Medtronic 2013 Annual Report Download - page 95

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75732me_10K.indd 80 6/25/13 6:39 PM
Table of Contents
Medtronic, Inc.
Notes to Consolidated Financial Statements (Continued)
5. Investments
The Company holds investments consisting primarily of marketable debt and equity securities. The carrying amounts of cash and
cash equivalents approximate fair value due to their short maturities.
Information regarding the Company’s investments at April 26, 2013 is as follows:
(in millions)
Available-for-sale securities:
Corporate debt securities
Auction rate securities
Mortgage-backed securities
U.S. government and agency securities
Foreign government and agency securities
Certificates of deposit
Other asset-backed securities
Marketable equity securities
Trading securities:
Exchange-traded funds
Cost method, equity method, and other investments
Total investments
Cost
$ 4,587
118
1,050
3,882
38
6
539
82
45
549
$ 10,896
Unrealized
Gains
$ 78
—
8
17
—
—
2
75
5
—
$ 185
$
$
Unrealized
Losses
(4)
(15)
(5)
(1)
—
—
—
(2)
—
—
(27)
$
$
Fair Value
4,661
103
1,053
3,898
38
6
541
155
50
NA
10,505
Information regarding the Company’s investments at April 27, 2012 is as follows:
(in millions)
Available-for-sale securities:
Corporate debt securities
Auction rate securities
Mortgage-backed securities
U.S. government and agency securities
Foreign government and agency securities
Certificates of deposit
Other asset-backed securities
Marketable equity securities
Trading securities:
Exchange-traded funds
Cost method, equity method, and other investments
Total investments
Cost
$ 3,501
153
840
3,122
67
47
535
100
45
508
$ 8,918
Unrealized
Gains
$ 47
—
9
38
—
—
3
158
2
—
$ 257
$
$
Unrealized
Losses
(7)
(26)
(10)
—
—
—
(1)
(5)
(1)
—
(50)
$
$
Fair Value
3,541
127
839
3,160
67
47
537
253
46
NA
8,617
77