Seagate 2011 Annual Report Download - page 79

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Table of Contents
SEAGATE TECHNOLOGY PLC
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The following table summarizes, by major type, the fair value and amortized cost of the Company's investments as of July 1, 2011:
As of July 1, 2011, with the exception of the Company's auction rate securities, the Company had no available-for-sale securities that had
been in a continuous unrealized loss position for a period greater than 12 months. The Company determined no available-for-
sale securities were
other-than-temporarily impaired as of July 1, 2011.
Accounts Receivable, net
Activity in the allowance for doubtful accounts is as follows:
73
(Dollars in millions)
Amortized
Cost
Unrealized
Gain/(Loss)
Fair
Value
Available
-
for
-
sale securities:
Commercial paper
$
1,729
$
—
$
1,729
Money market funds
815
—
815
U.S. treasuries and agency bonds
190
—
190
Certificates of deposit
136
—
136
Corporate bonds
116
—
116
Auction rate securities
18
(2
)
16
Other debt securities
96
—
96
3,100
(2
)
3,098
Trading securities
80
4
84
Total
$
3,180
$
2
$
3,182
Included in Cash and cash equivalents
$
2,590
Included in Short
-
term investments
474
Included in Restricted cash and investments
102
Included in Other assets, net
16
Total
$
3,182
(Dollars in millions)
June 29,
2012
July 1,
2011
Accounts receivable
$
2,329
$
1,505
Allowance for doubtful accounts
(10
)
(10
)
$
2,319
$
1,495
(Dollars in millions)
Balance at
Beginning of
Period Charges to
Operations Deductions
(1)
Balance at
End of
Period
Fiscal year ended July 2,
2010
$
10
$
1
$
(1
)
$
10
Fiscal year ended July 1,
2011
$
10
$
1
$
(1
)
$
10
Fiscal year ended June 29,
2012
$
10
$
3
$
(3
)
$
10
(1)
Uncollectible accounts written off, net of recoveries.