Citibank 2013 Annual Report Download - page 208

190
In millions of dollars Non-U.S. pension and postretirement benefit plans
Fair value measurement at December 31, 2013
Asset categories Level 1 Level 2 Level 3 Total
Equity securities
U.S. equity $ 6 $ 13 $ — $ 19
Non-U.S. equity 117 292 49 458
Mutual funds 242 3,593 — 3,835
Commingled funds 7 22 — 29
Debt securities
U.S. corporate bonds — 392 — 392
Non-U.S. government debt 2,559 232 — 2,791
Non-U.S. corporate bonds 110 780 5 895
Hedge funds — — 11 11
Mortgage-backed securities 3 1 — 4
Annuity contracts — 1 32 33
Derivatives 42 — — 42
Other investments 7 12 202 221
Total investments at fair value $3,093 $5,338 $ 299 $ 8,730
Cash and short-term investments $ 92 $ 4 $ — $ 96
Total assets $3,185 $5,342 $299 $ 8,826
Other investment liabilities $ — $ (436) $ — $ (436)
Total net assets $3,185 $4,906 $ 299 $ 8,390
In millions of dollars Non-U.S. pension and postretirement benefit plans
Fair value measurement at December 31, 2012
Asset categories Level 1 Level 2 Level 3 Total
Equity securities
U.S. equity $ 12 $ 12 $ — $ 24
Non-U.S. equity 88 77 48 213
Mutual funds 31 4,583 — 4,614
Commingled funds — 26 — 26
Debt securities
U.S. Treasuries — 1 — 1
U.S. corporate bonds — 488 — 488
Non-U.S. government debt 1,806 144 4 1,954
Non-U.S. corporate bonds 162 804 4 970
Hedge funds — — 16 16
Mortgage-backed securities — 1 — 1
Annuity contracts — 5 6 11
Derivatives — 40 — 40
Other investments 3 9 219 231
Total investments at fair value $2,102 $6,190 $297 $8,589
Cash and short-term investments $ 55 $ 4 $ 3 $ 62
Total assets $2,157 $6,194 $300 $8,651