v3.7.0.1
CASH EQUIVALENTS AND INVESTMENTS (Tables)
 6 Months Ended
Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]  
Available-for-sale Securities
The following table summarizes the Company’s available-for-sale securities at the end of the second quarter of fiscal 2017 and at the end of fiscal 2016.
 
Second Quarter of Fiscal 2017
 
At the end of Fiscal 2016
(In millions)
 
 
 
Available-for-sale securities:
 
 
 
  U.S. Treasury securities
$
11.7

 
$
11.7

  Municipal debt securities
—

 
10.0

  Corporate debt securities
73.9

 
31.7

Time deposit
—

 
2.4

  Commercial paper
28.8

 
77.5

       Total available-for-sale securities
$
114.4

 
$
133.3

 
 
 
 
Reported as:
 
 
 
Cash equivalents
$
13.2

 
$
22.2

Short-term investments
101.2

 
111.1

    Total
$
114.4

 
$
133.3
Investments Classified by Contractual Maturity Date
The following table presents the contractual maturities of the Company's available-for-sale investments at the end of the second quarter of fiscal 2017.
 
Second Quarter of Fiscal 2017
(In millions)
Amortized Cost
Due in less than 1 year
$
106.2

Due in 1 to 5 years
8.2

Due in 5-10 years
—

Due after 10 years
—

     Total
$
114.4