Humana 2013 Annual Report Download - page 115

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Humana Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
4. INVESTMENT SECURITIES
Investment securities classified as current and long-term were as follows at December 31, 2013 and 2012,
respectively:
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
(in millions)
December 31, 2013
U.S. Treasury and other U.S. government corporations and
agencies:
U.S. Treasury and agency obligations ................... $ 584 $ 6 $ (6) $ 584
Mortgage-backed securities ........................... 1,834 34 (48) 1,820
Tax-exempt municipal securities ........................... 2,911 93 (33) 2,971
Mortgage-backed securities:
Residential ........................................ 22 0 0 22
Commercial ....................................... 662 20 (9) 673
Asset-backed securities .................................. 63 1 (1) 63
Corporate debt securities ................................. 3,474 223 (30) 3,667
Total debt securities ............................. $9,550 $377 $(127) $9,800
December 31, 2012
U.S. Treasury and other U.S. government corporations and
agencies:
U.S. Treasury and agency obligations ................... $ 602 $ 16 $ 0 $ 618
Mortgage-backed securities ........................... 1,519 85 (1) 1,603
Tax-exempt municipal securities ........................... 2,890 185 (4) 3,071
Mortgage-backed securities:
Residential ........................................ 33 2 (1) 34
Commercial ....................................... 615 44 0 659
Asset-backed securities .................................. 66 2 0 68
Corporate debt securities ................................. 3,394 402 (2) 3,794
Total debt securities ............................. $9,119 $736 $ (8) $9,847
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