Humana 2014 Annual Report Download - page 105

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Humana Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
97
4. INVESTMENT SECURITIES
Investment securities classified as current and long-term were as follows at December 31, 2014 and 2013,
respectively:
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
(in millions)
December 31, 2014
U.S. Treasury and other U.S. government
corporations and agencies:
U.S. Treasury and agency obligations $ 365 $ 10 $ (1) $ 374
Mortgage-backed securities 1,453 50 (5) 1,498
Tax-exempt municipal securities 2,931 140 (3) 3,068
Mortgage-backed securities:
Residential 17 — — 17
Commercial 846 16 (19) 843
Asset-backed securities 28 1 — 29
Corporate debt securities 3,432 299 (13) 3,718
Total debt securities $ 9,072 $ 516 $ (41) $ 9,547
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 — — 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