AN » Topics » Investments

These excerpts taken from the AN 10-K filed Feb 17, 2009.
Investments
 
Investments in marketable securities are included in Other Assets in the accompanying Consolidated Balance Sheets and relate to our self-insurance programs. Restricted investments, included in Other Assets, consist primarily of marketable corporate and government debt securities. Marketable securities include investments in debt and equity securities and are primarily classified as available-for-sale. Investments in debt securities include investment grade corporate bonds, government securities, and other instruments with maturities ranging from 2009 to 2036. Marketable securities are stated at fair value with unrealized gains and losses included in Accumulated Other Comprehensive Income (Loss) in our Consolidated Balance Sheets. Other-than-temporary declines in investment values are recorded as a component of Other Expenses (Income), Net in the Consolidated Income Statements. Fair value is estimated based on quoted market prices.
 
Investments


 



Investments in marketable securities are included in Other
Assets in the accompanying Consolidated Balance Sheets and
relate to our self-insurance programs. Restricted investments,
included in Other Assets, consist primarily of marketable
corporate and government debt securities. Marketable securities
include investments in debt and equity securities and are
primarily classified as available-for-sale. Investments in debt
securities include investment grade corporate bonds, government
securities, and other instruments with maturities ranging from
2009 to 2036. Marketable securities are stated at fair value
with unrealized gains and losses included in Accumulated Other
Comprehensive Income (Loss) in our Consolidated Balance Sheets.
Other-than-temporary declines in investment values are recorded
as a component of Other Expenses (Income), Net in the
Consolidated Income Statements. Fair value is estimated based on
quoted market prices.


 




These excerpts taken from the AN 10-K filed Feb 28, 2008.
Investments
 
Investments in marketable securities are included in Other Assets in the accompanying Consolidated Balance Sheets and relate to our self-insurance programs. Restricted investments, included in Other Assets, consist primarily of marketable corporate and government debt securities. Marketable securities include investments in debt and equity securities and are primarily classified as available-for-sale. Investments in debt securities include investment grade corporate bonds, government securities, and other instruments with maturities ranging from 2008 to 2036. Marketable securities are stated at fair value with unrealized gains and losses included in Accumulated Other Comprehensive Income (Loss) in our Consolidated Balance Sheets. Other-than-temporary declines in investment values are recorded as a component of Other Expenses (Income), Net in the Consolidated Income Statements. Fair value is estimated based on quoted market prices.
 
Investments


 



Investments in marketable securities are included in Other
Assets in the accompanying Consolidated Balance Sheets and
relate to our self-insurance programs. Restricted investments,
included in Other Assets, consist primarily of marketable
corporate and government debt securities. Marketable securities
include investments in debt and equity securities and are
primarily classified as available-for-sale. Investments in debt
securities include investment grade corporate bonds, government
securities, and other instruments with maturities ranging from
2008 to 2036. Marketable securities are stated at fair value
with unrealized gains and losses included in Accumulated Other
Comprehensive Income (Loss) in our Consolidated Balance Sheets.
Other-than-temporary declines in investment values are recorded
as a component of Other Expenses (Income), Net in the
Consolidated Income Statements. Fair value is estimated based on
quoted market prices.


 




This excerpt taken from the AN 10-K filed Feb 28, 2007.
Investments
 
Investments in marketable securities are included in Other Assets in the accompanying Consolidated Balance Sheets and relate to the Company’s insurance programs. Restricted investments, included in Other Assets, consist primarily of marketable corporate and government debt securities. Marketable securities include investments in debt and equity securities and are primarily classified as available for sale. Investments in debt securities include investment grade corporate bonds, government securities and other instruments with maturities ranging from 2007 to 2036. Marketable securities are stated at fair value with unrealized gains and losses included in Accumulated Other Comprehensive Income (Loss) in the Company’s Consolidated Balance Sheets. Other-than-temporary declines in investment values are recorded as a component of Other Income (Expense), Net in the Company’s Consolidated Income Statements. Fair value is estimated based on quoted market prices.


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Table of Contents

 
AUTONATION, INC.
 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 
This excerpt taken from the AN 10-K filed Feb 24, 2005.
Investments

      Investments, included in Other Assets in the accompanying Consolidated Balance Sheets, consist of marketable securities. Restricted investments, included in Restricted Assets, consist primarily of marketable corporate and government debt securities. Marketable securities include investments in debt and equity securities and are primarily classified as available for sale and are stated at fair value with unrealized gains and losses included in Accumulated Other Comprehensive Income (Loss) in the Company’s Consolidated Balance Sheets. Other-than-temporary declines in investment values are recorded as a component of Other Income (Expense), Net in the Company’s Consolidated Income Statements. Fair value is estimated based on quoted market prices. Equity-method investments represent investments in 50% or less owned automotive-related businesses over which the Company has the ability to exercise significant influence. The Company records its initial equity-method investments at cost and subsequently adjusts the carrying amounts of the investments for the Company’s share of the earnings or losses of the investee after the acquisition date as a component of Other Income (Expense), Net in the Company’s Consolidated Income Statements. The Company continually assesses whether equity-method investments should be evaluated for possible impairment by use of an estimate of the related future undiscounted cash flows. The Company measures impairment losses based upon the amount by which the carrying amount of the investment exceeds the fair value.

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Table of Contents

AUTONATION, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

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