Aetna 2013 Annual Report Download - page 125
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Annual Report- Page 119
Pension Assets with changes in fair value measured on a recurring basis at December 31, 2012 were as follows:
(Millions) Level 1 Level 2 Level 3 Total
Debt securities:
U.S. government securities $ 408.5 $ 145.7 $ — $ 554.2
States, municipalities and political subdivisions — 119.4 — 119.4
U.S. corporate securities — 998.4 .2 998.6
Foreign securities — 127.7 — 127.7
Residential mortgage-backed securities — 182.8 — 182.8
Commercial mortgage-backed securities — 46.2 — 46.2
Other asset-backed securities — 11.6 1.5 13.1
Redeemable preferred securities — 11.8 — 11.8
Total debt securities 408.5 1,643.6 1.7 2,053.8
Equity securities:
U.S. Domestic 1,287.8 1.0 — 1,288.8
International 805.3 — — 805.3
Domestic real estate 24.6 — — 24.6
Total equity securities 2,117.7 1.0 — 2,118.7
Other investments:
Real estate — — 469.0 469.0
Common/collective trusts (1) — 739.3 — 739.3
Other assets — — 289.6 289.6
Total other investments — 739.3 758.6 1,497.9
Total pension investments (2) $ 2,526.2 $ 2,383.9 $ 760.3 $ 5,670.4
(1) The assets in the underlying funds of common/collective trusts are comprised of $487.0 million of equity securities and
$252.3 million of debt securities.
(2) Excludes $134.6 million of cash and cash equivalents and other receivables.
The changes in the balances of Level 3 Pension Assets during 2013 and 2012 were as follows:
2013
Real Estate Other Total
Beginning balance $ 469.0 $ 291.3 $ 760.3
Actual return on plan assets 40.5 26.6 67.1
Purchases, sales and settlements (12.0) 80.0 68.0
Transfers out of Level 3 — (1.7) (1.7)
Ending balance $ 497.5 $ 396.2 $ 893.7
2012
Real Estate Other Total
Beginning balance $ 433.2 $ 232.4 $ 665.6
Actual return on plan assets 47.6 28.3 75.9
Purchases, sales and settlements (11.8) 29.9 18.1
Transfers into Level 3 — .7 .7
Ending balance $ 469.0 $ 291.3 $ 760.3