CISCO SYSTEMS, INC. | 2013 | FY | 3

The following tables present the breakdown of the available-for-sale investments with gross unrealized losses and the duration that those losses had been unrealized at July 27, 2013 and July 28, 2012 (in millions):
 
UNREALIZED LOSSES
LESS THAN 12 MONTHS
 
UNREALIZED LOSSES
12 MONTHS OR GREATER
 
TOTAL
July 27, 2013
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross 
Unrealized 
Losses
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
U.S. government securities 
$
7,865

 
$
(13
)
 
$
—

 
$
—

 
$
7,865

 
$
(13
)
U.S. government agency securities
294

 
(1
)
 
—

 
—

 
294

 
(1
)
Non-U.S. government and agency securities
432

 
(2
)
 
—

 
—

 
432

 
(2
)
Corporate debt securities
3,704

 
(50
)
 
4

 
—

 
3,708

 
(50
)
Total fixed income securities
12,295

 
(66
)
 
4

 
—

 
12,299

 
(66
)
Publicly traded equity securities
278

 
(4
)
 
—

 
—

 
278

 
(4
)
Total
$
12,573

 
$
(70
)
 
$
4

 
$
—

 
$
12,577

 
$
(70
)
 
 
 
 
 
 
 
 
 
 
 
 
 
UNREALIZED LOSSES
LESS THAN 12 MONTHS
 
UNREALIZED LOSSES
12 MONTHS OR GREATER
 
TOTAL
July 28, 2012
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross
Unrealized
Losses
 
Fair Value
 
Gross 
Unrealized 
Losses
Fixed income securities:
 
 
 
 
 
 
 
 
 
 
 
U.S. government securities 
$
5,357

 
$
(1
)
 
$
—

 
$
—

 
$
5,357

 
$
(1
)
Corporate debt securities
603

 
(3
)
 
14

 
—

 
617

 
(3
)
Total fixed income securities
5,960

 
(4
)
 
14

 
—

 
5,974

 
(4
)
Publicly traded equity securities
167

 
(8
)
 
20

 
(3
)
 
187

 
(11
)
Total
$
6,127

 
$
(12
)
 
$
34

 
$
(3
)
 
$
6,161

 
$
(15
)

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