AT&T Wireless 2010 Annual Report Download - page 88

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Notes to Consolidated Financial Statements (continued)
Dollars in millions except per share amounts
86 AT&T Inc.
The following table sets forth by level, within the fair value hierarchy, the pension and postretirement assets and liabilities at fair
value as of December31, 2010:
Pension Assets and Liabilities at Fair Value as of December 31, 2010 Level 1 Level 2 Level 3 Total
Non-interest bearing cash $ 100 $ — $ — $ 100
Interest bearing cash — 74 — 74
Foreign exchange contract — 57 — 57
Equity securities:
Domestic equities 9,692 16 — 9,708
International equities 4,960 4 — 4,964
Fixed income securities:
Asset-backed securities — 730 6 736
Mortgage-backed securities — 2,744 — 2,744
Collateralized mortgage-backed securities — 335 — 335
Collateralized mortgage obligations/REMICS — 565 — 565
Other corporate and other bonds and notes 430 4,637 — 5,067
U.S. Government and governmental agencies — 1,831 — 1,831
Municipal bonds — 233 — 233
Convertible and preferred securities 87 204 — 291
Fixed income funds — — 377 377
Registered investment companies — 1 — 1
Private equity funds 35 1 5,821 5,857
Real assets:
Real assets — — 2,383 2,383
Real estate funds — 448 1,545 1,993
Commingled funds:
Interest bearing investments — 2,351 — 2,351
Hedge funds — 831 50 881
Equities — 1,769 — 1,769
Fixed income — 1,101 — 1,101
Market value of securities on loan:
Interest bearing investments — 209 — 209
Equity securities:
Domestic 2,113 20 — 2,133
International 320 — — 320
Fixed income securities:
Asset-backed securities — 9 — 9
Mortgage-backed securities — 24 — 24
Collateralized mortgage-backed securities — 8 — 8
Other corporate and other bonds and notes 42 763 — 805
U.S. Government and governmental agencies — 2,028 — 2,028
Convertible and preferred securities 12 16 — 28
Securities lending collateral 2,558 3,110 — 5,668
Variation margin receivable 3 — — 3
Assets at fair value 20,352 24,119 10,182 54,653
Overdrafts 3 4 — 7
Unrealized depreciation on foreign currency contracts — 57 — 57
Investments sold short 405 24 140 569
Written options payable 1 — — 1
Liabilities at fair value 409 85 140 634
Total plan net assets at fair value $19,943 $24,034 $10,042 $ 54,019
Other assets (liabilities)1 (6,398)
Total Plan Net Assets $47,621
1Other assets (liabilities) include accounts receivable, accounts payable and net adjustment for securities lending payable.