Citibank 2013 Annual Report Download - page 207

189
In millions of dollars U.S. pension and postretirement benefit plans (1)
Fair value measurement at December 31, 2012
Asset categories Level 1 Level 2 Level 3 Total
Equity securities
U.S. equity $ 677 $ — $ — $ 677
Non-U.S. equity 412 5 — 417
Mutual funds 177 — — 177
Commingled funds — 1,132 — 1,132
Debt securities
U.S. Treasuries 1,431 — — 1,431
U.S. agency — 112 — 112
U.S. corporate bonds — 1,397 — 1,397
Non-U.S. government debt — 387 — 387
Non-U.S. corporate bonds — 350 — 350
State and municipal debt — 142 — 142
Hedge funds — 1,132 1,524 2,656
Asset-backed securities — 55 — 55
Mortgage-backed securities — 52 — 52
Annuity contracts — — 130 130
Private equity — — 2,419 2,419
Derivatives 3 627 — 630
Other investments — — 142 142
Total investments at fair value $2,700 $5,391 $4,215 $12,306
Cash and short-term investments $ 131 $ 906 $ — $ 1,037
Other investment receivables — 6 24 30
Total assets $2,831 $6,303 $4,239 $13,373
Other investment liabilities $ (10) $ (657) $ — $ (667)
Total net assets $2,821 $5,646 $4,239 $12,706
(1) The investments of the U.S. pension and postretirement benefit plans are commingled in one trust. At December 31, 2012, the allocable interests of the U.S. pension and postretirement benefit plans were 99.6% and
0.4%, respectively.