Apple 2011 Annual Report Download - page 57

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Note 2 – Financial Instruments
Cash, Cash Equivalents and Marketable Securities
The following tables summarize the Company’s cash and available-for-sale securities’
adjusted cost, gross unrealized gains, gross unrealized
losses and fair value by significant investment category recorded as cash and cash equivalents or short-term or long-
term marketable securities as
of September 24, 2011 and September 25, 2010 (in millions):
55
September 24, 2011
Adjusted
Cost
Unrealized
Gains
Unrealized
Losses
Fair
Value
Cash and
Cash
Equivalents
Short
-
Term
Marketable
Securities
Long
-
Term
Marketable
Securities
Cash
$
2,903
$
0
$
0
$
2,903
$
2,903
$
0
$
0
Level 1:
Money market funds
1,911
0
0
1,911
1,911
0
0
Mutual funds
1,227
0
(34
)
1,193
0
1,193
0
Subtotal
3,138
0
(34
)
3,104
1,911
1,193
0
Level 2:
U.S. Treasury securities
10,717
39
(3
)
10,753
1,250
2,149
7,354
U.S. agency securities
13,467
24
(3
)
13,488
225
1,818
11,445
Non
-
U.S. government securities
5,559
11
(2
)
5,568
551
1,548
3,469
Certificates of deposit and time
deposits
4,175
2
(2
)
4,175
728
977
2,470
Commercial paper
2,853
0
0
2,853
2,237
616
0
Corporate securities
35,241
132
(114
)
35,259
10
7,241
28,008
Municipal securities
3,411
56
0
3,467
0
595
2,872
Subtotal
75,423
264
(124)
75,563
5,001
14,944
55,618
Total
$
81,464
$
264
$
(158
)
$
81,570
$
9,815
$
16,137
$
55,618
September 25, 2010
Adjusted
Cost
Unrealized
Gains
Unrealized
Losses
Fair
Value
Cash and
Cash
Equivalents
Short
-
Term
Marketable
Securities
Long
-
Term
Marketable
Securities
Cash
$
1,690
$
0
$
0
$
1,690
$
1,690
$
0
$
0
Level 1:
Money market funds
2,753
0
0
2,753
2,753
0
0
Level 2:
U.S. Treasury securities
9,872
42
0
9,914
2,571
2,130
5,213
U.S. agency securities
8,717
10
0
8,727
1,916
4,339
2,472
Non
-
U.S. government securities
2,648
13
0
2,661
10
865
1,786
Certificates of deposit and time
deposits
2,735
5
(1
)
2,739
374
850
1,515
Commercial paper
3,168
0
0
3,168
1,889
1,279
0
Corporate securities
17,349
102
(9
)
17,442
58
4,522
12,862
Municipal securities
1,899
19
(1
)
1,917
0
374
1,543
Subtotal
46,388
191
(11
)
46,568
6,818
14,359
25,391
Total
$
50,831
$
191
$
(11
)
$
51,011
$
11,261
$
14,359
$
25,391