Medtronic 2013 Annual Report Download - page 96

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75732me_10K.indd 81 6/25/13 6:39 PM
Table of Contents
Medtronic, Inc.
Notes to Consolidated Financial Statements (Continued)
Information regarding the Company’s consolidated balance sheets presentation at April 26, 2013 and April 27, 2012 is as follows:
April 26, 2013 April 27, 2012
(in millions) Investments Other Assets Investments Other Assets
Available-for-sale securities $ 10,161 $ 294 $ 8,132 $ 439
Trading securities 50 — 46 —
Cost method, equity method, and other investments $ — $ 549 $ — $ 508
Total $ 10,211 $ 843 $ 8,178 $ 947
The Company revised the classification, to investments, of certain amounts previously presented as cash and cash equivalents in
the prior period consolidated balance sheets. These revisions, which are immaterial, also increased purchases and sales and
maturities of marketable securities in the consolidated statements of cash flows for prior periods.
The following tables show the gross unrealized losses and fair values of the Company’s available-for-sale securities that have been
in a continuous unrealized loss position deemed to be temporary for less than 12 months and for more than 12 months, aggregated
by investment category as of April 26, 2013 and April 27, 2012:
April 26, 2013
Less than 12 Months More than 12 Months
Unrealized Unrealized
(in millions) Fair Value Losses Fair Value Losses
Corporate debt securities $ 544 $ (1) $ 13 $ (3)
Auction rate securities — — 103 (15)
Mortgage-backed securities 195 (1) 44 (4)
U.S. government and agency securities 291 (1) — —
Marketable equity securities 14 (2) — —
Total $ 1,044 $ (5) $ 160 $ (22)
April 27, 2012
Less than 12 Months More than 12 Months
Unrealized Unrealized
(in millions) Fair Value Losses Fair Value Losses
Corporate debt securities $ 664 $ (4) $ 16 $ (3)
Auction rate securities — — 127 (26)
Mortgage-backed securities 218 (2) 57 (8)
Other asset-backed securities 55 — 9 (1)
Marketable equity securities 24 (5) — —
Total $ 961 $ (11) $ 209 $ (38)
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