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Note 2 Marketable Securities Investments And Fair Value
Disclosures
The following tables summarize the available-for-sale securities (in thousands):
December 31, 2014
Cost
Basis
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
Government and agency securities
$ 850,712 $ 82 $ (792) $ 850,002
Corporate debt securities, commercial
paper, time deposits, and bank certificates
of deposit
6,711,683 612 (4,653) 6,707,642
Alibaba Group equity securities
2,713,484 37,154,305 — 39,867,789
Hortonworks equity securities
26,246 77,783 — 104,029
Other corporate equity securities
230 430 — 660
Total available-for-sale marketable
securities
$10,302,355 $37,233,212 $(5,445) $47,530,122
December 31, 2015
Cost
Basis
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
Government and agency securities
$ 616,501 $ 24 $ (635) $ 615,890
Corporate debt securities, commercial
paper, time deposits, and bank certificates of
deposit
4,589,799 292 (4,908) 4,585,183
Alibaba Group equity securities
2,713,483 28,458,878 — 31,172,361
Hortonworks equity securities
26,246 57,977 — 84,223
Other corporate equity securities
298 — (101) 197
Total available-for-sale marketable
securities
$7,946,327 $28,517,171 $(5,644) $36,457,854
December 31,
2014 2015
Reported as:
Short-term marketable securities
$ 5,327,412 $ 4,225,112
Long-term marketable securities
2,230,892 975,961
Investment in Alibaba Group
39,867,789 31,172,361
Other long-term assets and investments
104,029 84,420
Total
$47,530,122 $36,457,854
Short-term, highly liquid investments of $2 billion and $667 million as of December 31, 2014 and 2015,
respectively, included in cash and cash equivalents on the consolidated balance sheets are not
105