APS 2011 Annual Report Download - page 143

PINNACLE WEST CAPITAL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
118
The fair value of Pinnacle West’s pension plan and other postretirement benefit plan assets at
December 31, 2011, by asset category, are as follows (dollars in thousands):
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2) Other (a)
Balance at
December 31,
2011
Pension Plan:
Assets:
Cash and cash equivalents $ 1,441 $ -- $ -- $ 1,441
Fixed Income Securities:
Corporate -- 584,619 -- 584,619
U.S. Treasury 207,862 -- -- 207,862
Other (b) -- 62,906 -- 62,906
Equities:
U.S. Companies 436,393 -- -- 436,393
International Companies 118,263 -- -- 118,263
Common and collective trusts:
U.S. Equities -- 139,321 -- 139,321
International Equities -- 156,407 -- 156,407
Real estate -- 106,147 -- 106,147
Short-term investments and other -- 29,913 7,278 37,191
Total Pension Plan $ 763,959 $ 1,079,313 $ 7,278 $ 1,850,550
Other Benefits:
Assets:
Cash and cash equivalents $ 160 $ -- $ -- $ 160
Fixed Income Securities:
Corporate -- 148,417 -- 148,417
U.S. Treasury 103,321 -- -- 103,321
Other (b) -- 30,105 -- 30,105
Equities:
U.S. Companies 179,235 -- -- 179,235
International Companies 22,486 -- -- 22,486
Common and collective trusts:
U.S. Equities -- 52,507 -- 52,507
International Equities -- 53,504 -- 53,504
Real Estate -- 8,446 -- 8,446
Short-term investments and other -- 8,516 1,966 10,482
Total Other Benefits $ 305,202 $ 301,495 $ 1,966 $ 608,663
(a) Represents plan receivables and payables.
(b) This category consists primarily of debt securities issued by municipalities.