United Healthcare 2009 Annual Report Download - page 70

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UNITEDHEALTH GROUP
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The fair value of the Company’s mortgage-backed securities by credit rating and non-U.S. agency mortgage-
backed securities by origination as of December 31, 2009 were as follows:
(in millions) AAA AA A BBB
Non-Investment
Grade
Total Fair
Value
2007 ....................................... $ 70 $— $1$8 $4 $ 83
2006 ....................................... 130 3 5 — 18 156
2005 ....................................... 135425 7 153
Pre-2005 .................................... 143 — 1 1 1 146
U.S agency mortgage-backed securities ............ 1,931 — — — — 1,931
Total ....................................... $2,409$7$9$14 $30 $2,469
The amortized cost and fair value of available-for-sale debt securities as of December 31, 2009, by contractual
maturity, were as follows:
(in millions)
Amortized
Cost
Fair
Value
Due in one year or less ....................................................... $ 1,383 $ 1,394
Due after one year through five years ........................................... 4,378 4,573
Due after five years through ten years ........................................... 2,886 2,989
Due after ten years .......................................................... 2,277 2,349
U.S. agency mortgage-backed securities ......................................... 1,870 1,931
Non-U.S. agency mortgage-backed securities ..................................... 535 538
Total debt securities — available-for-sale ........................................ $13,329 $13,774
The amortized cost and fair value of held-to-maturity debt securities as of December 31, 2009, by contractual
maturity, were as follows:
(in millions)
Amortized
Cost
Fair
Value
Due in one year or less ......................................................... $ 60 $ 61
Due after one year through five years ............................................. 103 105
Due after five years through ten years ............................................. 26 26
Due after ten years ............................................................ 10 11
Total debt securities — held-to-maturity ........................................... $199 $203
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