Avon 2009 Annual Report Download - page 89

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Plan Assets
Our U.S. and non-U.S. funded pension and postretirement plans target and weighted-average asset allocations at December 31, 2009 and
2008, by asset category were as follows:
U.S. Pension Plan Non-U.S. Pension Plans U.S. Postretirement Plan
%ofPlan Assets %ofPlan Assets %ofPlan Assets
Target at Year End Target at Year End Target at Year End
Asset Category 2010 2009 2008 2010 2009 2008 2010 2009 2008
Equity securities 50-60% 63% 65% 55-65% 60% 56% 65% –% –%
Debt securities 40-50 37 35 30-40 33 34 35 100 100
Other –––0-10 710–––
Total 100% 100% 100% 100% 100% 100% 100% 100% 100%
The following table presents the fair value hierarchy for pension and postretirement assets measured at fair value on arecurring basis as of
December 31, 2009:
U.S. Pension and Postretirement Plans
Asset Category Level 1Level 2Total
Equity Securities:
Domestic equity $175.9 $– $175.9
International equity 44.2 41.8 86.0
Emerging markets 35.4 –35.4
255.5 41.8 297.3
Fixed Income Securities:
Corporate bonds –139.1 139.1
Government securities –27.9 27.9
Mutual funds 43.5 –43.5
43.5 167.0 210.5
Cash 2.4 –2.4
Total $301.4 $208.8 $510.2
Non-U.S. Pension Plans
Asset Category Level 1Level 2Level 3Total
Equity Securities:
Domestic equity $101.2 $– $– $101.2
International equity 212.7 ––212.7
313.9 ––313.9
Fixed Income Securities:
Corporate bonds –69.1 –69.1
Government securities –95.1 –95.1
Other –9.9 –9.9
–174.1 –174.1
Other:
Cash 20.6 ––20.6
Real estate ––13.0 13.0
Other ––1.2 1.2
20.6 –14.2 34.8
Total $334.5 $174.1 $14.2 $522.8
AVON2009 F-25