Note 8-Equity and Other Investments
(In millions) |
Cost Basis |
|
Unrealized |
|
Unrealized Losses |
|
Recorded |
June 30, 2002 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt securities recorded at market, maturing: |
|
|
|
|
|
|
|
Within one year |
$ 485 |
|
$ 26 |
|
$ - |
|
$ 511 |
Between 2 and 10 years |
893 |
|
46 |
|
(4) |
|
935 |
Between 10 and 15 years |
541 |
|
19 |
|
(2) |
|
558 |
Beyond 15 years |
3,036 |
|
- |
|
- |
|
3,036 |
Debt securities recorded at market |
4,955 |
|
91 |
|
(6) |
|
5,040 |
|
|
|
|
|
|
|
|
Common stock and warrants |
6,580 |
|
1,287 |
|
(617) |
|
7,250 |
Preferred stock |
1,382 |
|
- |
|
- |
|
1,382 |
Other investments |
519 |
|
- |
|
- |
|
519 |
Equity and other investments |
$ 13,436 |
|
$ 1,378 |
|
$ (623) |
|
$ 14,191 |
(In millions) |
Cost Basis |
|
Unrealized |
|
Unrealized Losses |
|
Recorded |
June 30, 2003 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt securities recorded at market, maturing: |
|
|
|
|
|
|
|
Within one year |
$ 293 |
|
$ 9 |
|
$ - |
|
$ 302 |
Between 2 and 10 years |
1,436 |
|
194 |
|
(73) |
|
1,557 |
Debt securities recorded at market |
1,729 |
|
203 |
|
(73) |
|
1,859 |
|
|
|
|
|
|
|
|
Common stock and warrants |
8,395 |
|
1,686 |
|
(3) |
|
10,078 |
Preferred stock |
1,262 |
|
- |
|
- |
|
1,262 |
Other investments |
493 |
|
- |
|
- |
|
493 |
Equity and other investments |
$ 11,879 |
|
$ 1,889 |
|
$ (76) |
|
$ 13,692 |
Debt securities include corporate and
government notes and bonds and derivative securities. In connection with the
definitive agreement to combine AT&T Broadband with Comcast into a new
company called Comcast Corporation, Microsoft exchanged its AT&T 5%
convertible preferred debt for 115 million shares of Comcast Corporation on
Common and preferred stock and other
investments that are restricted for more than one year or are not publicly
traded are recorded at cost. At
![]() ![]() ![]() ![]() |