Cisco System Inc the leading Internet protocol-based networking equipment company, has significant holdings of investment securities. Use the financial information provided to analyze Ciscos holdings and address the following question:

Which investment securities did Cisco report at fair value in fiscal 2013 and 2012? What is the difference between fair value and cost?

At or for the year ended July 27, 2013 July 28, 2012 July 30, 2011

Total Assets $101,191 $91,759 $87,095

Net Income before Taxes $11,227 $10,159 $7,825

Summary of Comprehensive Income

Year Ended July 27, 2013 July 28, 2012 July 30, 2011

Net Income $9,983 $8,041 $6,490

Change in:

Unrealized gains and losses on

Investments, net (37) (78) 154

Derivative instruments 61 (59) (21)

Cumulative translation

Adjustment and other (77) (496) 538

Comprehensive income

(Loss) $9,930 $7,408 $7,161