American Home Shield 2007 Annual Report Download - page 74
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Please find page 74 of the 2007 American Home Shield annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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Cash and Marketable Securities
Cash, money market funds and certificates of deposits, with maturities of three months or less, are included in the Statements of
Financial Position caption "Cash and Cash Equivalents." Marketable securities are designated as available for sale and recorded at
current market value, with unrealized gains and losses reported in accumulated other comprehensive income. As of December 31,
2006 and 2005, the Company's investments consist primarily of domestic publicly traded debt of $115 million and $108 million,
respectively and common equity securities of $183 million and $144 million, respectively.
The aggregate market value of the Company's short-term and long-term investments in debt and equity securities was $297 million
and $252 million and the aggregate cost basis
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