WATERS CORP /DE/ | 2013 | FY | 3


3 Marketable Securities

 

The Company's marketable securities within cash equivalents and investments included in the consolidated balance sheets are detailed as follows (in thousands):

   December 31, 2013
   Amortized Unrealized Unrealized Fair
   Cost Gain Loss Value
U.S. Treasury securities $ 556,438 $ 111 $ (10) $ 556,539
Foreign government securities   139,670   -   -   139,670
Corporate debt securities   629,477   190   (233)   629,434
Time deposits   74,050   -   -   74,050
Equity securities   77   70   -   147
 Total $ 1,399,712 $ 371 $ (243) $ 1,399,840
              
Amounts included in:            
 Cash equivalents $ 36,966 $ - $ - $ 36,966
 Investments   1,362,746   371   (243)   1,362,874
 Total $ 1,399,712 $ 371 $ (243) $ 1,399,840

   December 31, 2012
   Amortized Unrealized Unrealized Fair
   Cost Gain Loss Value
U.S. Treasury securities $ 470,421 $ - $ - $ 470,421
Foreign government securities   313,237   -   -   313,237
Corporate debt securities   311,607   -   -   311,607
Time deposits   64,037   -   -   64,037
Equity securities   1,653   -   (1,583)   70
 Total $ 1,160,955 $ - $ (1,583) $ 1,159,372
              
Amounts included in:            
 Cash equivalents $ 101,382 $ - $ - $ 101,382
 Investments   1,059,573   -   (1,583)   1,057,990
 Total $ 1,160,955 $ - $ (1,583) $ 1,159,372

The estimated fair value of marketable debt securities by maturity date is as follows (in thousands):

   December 31, 2013 December 31, 2012
Due in one year or less $1,011,459 $1,057,990
Due after one year through two years  314,184   -
 Total $1,325,643 $1,057,990

In the year ended December 31, 2013, the Company recorded a $1.6 million charge for an other-than-temporary impairment to an investment. Realized gains and losses on sales of investments were not material in 2013, 2012 and 2011.


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