Aetna 2014 Annual Report Download - page 114

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Annual Report- Page 108
Separate Accounts financial assets at December 31, 2014 and 2013 were as follows:
2014 2013
(Millions) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total
Debt securities $ 876.0 $ 2,495.0 $ 2.9 $ 3,373.9 $ 726.4 $ 2,227.0 $ .6 $ 2,954.0
Equity securities 173.3 5.7 — 179.0 188.4 3.3 — 191.7
Derivatives — .2 — .2 — .8 — .8
Common/collective trusts — 574.0 — 574.0 — 710.4 — 710.4
Total (1) $ 1,049.3 $ 3,074.9 $ 2.9 $ 4,127.1 $ 914.8 $ 2,941.5 $ .6 $ 3,856.9
(1) Excludes $204.4 million and $115.6 million of cash and cash equivalents and other receivables at December 31, 2014 and 2013,
respectively.
During 2014 and 2013, we had an immaterial amount of Level 3 Separate Accounts financial assets. Gross transfers
of Separate Accounts financial assets out of Level 3 during 2014 and 2013 were $.1 million and $4.6 million,
respectively. During 2014 and 2013, there were no transfers of Separate Accounts financial assets between Levels 1
and 2 and no transfers of Separate Accounts financial assets into Level 3.
Offsetting Financial Assets and Liabilities
Certain financial assets and liabilities are offset in our balance sheets or are subject to master netting arrangements
or similar agreements with the applicable counterparty. Financial assets, including derivative assets, subject to
offsetting and enforceable master netting arrangements as of December 31, 2014 and December 31, 2013 were as
follows:
Gross Amounts of
Recognized Assets (1)
Gross Amounts Not Offset
In the Balance Sheets
Financial
Instruments Cash Collateral
Received(Millions) Net Amount
December 31, 2014
Derivatives $ .3 $ 10.2 $ — $ 10.5
Total $ .3 $ 10.2 $ — $ 10.5
December 31, 2013
Derivatives $ 49.1 $ 13.3 $ (47.1) $ 15.3
Total $ 49.1 $ 13.3 $ (47.1) $ 15.3
(1) There were no amounts offset in our balance sheets at December 31, 2014 or December 31, 2013.