United Healthcare 2010 Annual Report Download - page 74

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The fair values of the Company’s mortgage-backed securities by credit rating and non-U.S. agency mortgage-
backed securities by origination as of December 31, 2010 were as follows:
(in millions) AAA AA A
Non-Investment
Grade
Total Fair
Value
2010 ................................................. $ 8 $0 $0 $ 0 $ 8
2007 ................................................. 73 0 0 3 76
2006 ................................................. 123 0 0 14 137
2005 ................................................. 140 0 0 3 143
Pre-2005 .............................................. 98 1 1 1 101
U.S. agency mortgage-backed securities ..................... 1,903 0 0 0 1,903
Total ................................................. $2,345 $1 $1 $21 $2,368
The amortized cost and fair value of available-for-sale debt securities as of December 31, 2010, by contractual
maturity, were as follows:
(in millions)
Amortized
Cost
Fair
Value
Due in one year or less ....................................................... $ 2,251 $ 2,260
Due after one year through five years ........................................... 5,195 5,401
Due after five years through ten years ........................................... 3,860 3,984
Due after ten years .......................................................... 2,026 2,047
U.S. agency mortgage-backed securities ......................................... 1,851 1,903
Non-U.S. agency mortgage-backed securities ..................................... 439 465
Total debt securities — available-for-sale ........................................ $15,622 $16,060
The amortized cost and fair value of held-to-maturity debt securities as of December 31, 2010, by contractual
maturity, were as follows:
(in millions)
Amortized
Cost
Fair
Value
Due in one year or less ......................................................... $ 66 $ 66
Due after one year through five years ............................................. 105 108
Due after five years through ten years ............................................. 22 23
Due after ten years ............................................................ 10 11
Total debt securities — held-to-maturity ........................................... $203 $208
72