Citibank 2014 Annual Report Download - page 192

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In millions of dollars U.S. pension and postretirement benefit plans (1)
Fair value measurement at December 31, 2013
Asset categories Level 1 Level 2 Level 3 Total
Equity securities
U.S. equity $ 793 $ — $ — $ 793
Non-U.S. equity 442 — — 442
Mutual funds 203 — — 203
Commingled funds — 977 — 977
Debt securities
U.S. Treasuries 1,112 — — 1,112
U.S. agency — 91 — 91
U.S. corporate bonds — 1,387 — 1,387
Non-U.S. government debt — 349 — 349
Non-U.S. corporate bonds — 398 — 398
State and municipal debt — 137 — 137
Hedge funds — 2,132 1,126 3,258
Asset-backed securities — 61 — 61
Mortgage-backed securities — 64 — 64
Annuity contracts — — 91 91
Private equity — — 2,106 2,106
Derivatives 8 601 — 609
Other investments — 29 150 179
Total investments at fair value $ 2,558 $ 6,226 $ 3,473 $12,257
Cash and short-term investments $ 107 $ 957 $ — $ 1,064
Other investment receivables — 49 52 101
Total assets $ 2,665 $ 7,232 $ 3,525 $13,422
Other investment liabilities $ (9) $ (650) $ — $ (659)
Total net assets $ 2,656 $ 6,582 $ 3,525 $12,763
(1) The investments of the U.S. pension and postretirement benefit plans are commingled in one trust. At December 31, 2013, the allocable interests of the U.S. pension and postretirement benefit plans were 99.7% and
0.3%, respectively.