Kesler Inc. is a research-based health care company whose objectives include the application of scientific knowledge to help people enjoy longer, healthier, and more productive lives. Its balance sheets for 2000 and 1999 show the following amounts (dollars in millions):

2000 1999 Cash and cash equivalents $1,295.0 $1,384.7 Short-term investments 502. 4 307. 6 In the Summary of Significant Accounting Policies in its Notes to Consolidated Financial Statements, Kesler reported: