eBay 2010 Annual Report Download - page 111

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eBay Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Note 7 — Investments:
At December 31, 2009 and 2010, the fair value of short and long-term investments classified as available for
sale are as follows:
December 31, 2009
Gross
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
(In thousands)
Short-term investments:
Restricted cash ..................................... $ 29,123 $ — $ — $ 29,123
Corporate debt securities ............................. 73,256 10 (126) 73,140
Government and agency securities ..................... 109,808 18 (19) 109,807
Time deposits and other ............................. 310,418 — — 310,418
Equity instruments .................................. 8,507 412,991 — 421,498
$531,112 $413,019 $ (145) $943,986
Long-term investments:
Restricted cash ..................................... $ 985 $ — $ — $ 985
Corporate debt securities ............................. 455,638 1,982 (437) 457,183
Government and agency securities ..................... 250,025 108 (773) 249,360
Time deposits and other ............................. 1,583 — — 1,583
$708,231 $ 2,090 $(1,210) $709,111
December 31, 2010
Gross
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
(In thousands)
Short-term investments:
Restricted cash .................................. $ 20,351 $ — $ — $ 20,351
Corporate debt securities .......................... 371,998 391 (164) 372,225
Government and agency securities .................. 66,437 98 (1) 66,534
Time deposits and other .......................... 44,772 — — 44,772
Equity instruments ............................... 8,507 533,014 — 541,521
$ 512,065 $533,503 $ (165) $1,045,403
Long-term investments:
Restricted cash .................................. $ 1,332 $ — $ — $ 1,332
Corporate debt securities .......................... 1,606,723 4,541 (5,494) 1,605,770
Government and agency securities .................. 152,170 149 (1,353) 150,966
Time deposits and other .......................... 4,541 — — 4,541
$1,764,766 $ 4,690 $(6,847) $1,762,609
106