Citibank 2012 Annual Report Download - page 200

178
In millions of dollars U.S. pension and postretirement benefit plans (1)
Fair value measurement at December 31, 2011
Asset categories Level 1 Level 2 Level 3 Total
Equity securities
U.S. equity $ 572 $ 5 $ 51 $ 628
Non-U.S. equity 229 — 19 248
Mutual funds 137 — — 137
Commingled funds 440 594 — 1,034
Debt securities
U.S. Treasuries 1,760 — — 1,760
U.S. agency — 120 — 120
U.S. corporate bonds 2 1,073 5 1,080
Non-U.S. government debt — 352 — 352
Non-U.S. corporate bonds 4 271 — 275
State and municipal debt — 122 — 122
Hedge funds — 1,087 870 1,957
Asset-backed securities — 19 — 19
Mortgage-backed securities — 32 — 32
Annuity contracts — — 155 155
Private equity — — 2,474 2,474
Derivatives 691 36 — 727
Other investments 92 20 121 233
Total investments at fair value $3,927 $3,731 $3,695 $11,353
Cash and short-term investments $ 412 $ 402 $ — $ 814
Other investment receivables — 393 221 614
Total assets $4,339 $4,526 $3,916 $12,781
Other investment liabilities $ (683) $ (33) $ — $ (716)
Total net assets $3,656 $4,493 $3,916 $12,065
(1) The investments of the U.S. pension and postretirement benefit plans are commingled in one trust. At December 31, 2011, the allocable interests of the U.S. pension and postretirement benefit plans were 99.2% and
0.8%, respectively.