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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2012
Fair Value Measurements  
Schedule of assets and liabilities measured on a recurring basis, at fair value

 

The major categories of assets and liabilities measured on a recurring basis, at fair value, as of September 30, 2012 and December 31, 2011, are as follows (in millions):

 

 

 

September 30, 2012

 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Treasury bills

 

$

246.3

 

$

 

$

 

$

246.3

 

Government agency securities

 

 

117.9

 

 

117.9

 

FDIC guaranteed corporate debt

 

 

28.2

 

 

28.2

 

Total

 

$

246.3

 

$

146.1

 

$

 

$

392.4

 

 

 

 

December 31, 2011

 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Treasury bills

 

$

90.2

 

$

 

$

 

$

90.2

 

FDIC guaranteed corporate debt

 

 

114.8

 

 

114.8

 

Government agency securities

 

 

169.8

 

 

169.8

 

Money market instruments

 

 

0.2

 

 

0.2

 

Total

 

$

90.2

 

$

284.8

 

$

 

$

375.0

 

 

The classification in the fair value table as of December 31, 2011 has been revised to conform to current period classifications due to an immaterial error related to previously disclosed fair value hierarchy tables.