Citibank 2015 Annual Report Download - page 186

168
In millions of dollars U.S. pension and postretirement benefit plans (1)
Fair value measurement at December 31, 2014
Asset categories Level 1 Level 2 Level 3 Total
Equity securities
U.S. equity $ 773 $ — $ — $ 773
Non-U.S. equity 588 — — 588
Mutual funds 216 — — 216
Debt securities
U.S. Treasuries 1,178 — — 1,178
U.S. agency — 113 — 113
U.S. corporate bonds — 1,534 — 1,534
Non-U.S. government debt — 357 — 357
Non-U.S. corporate bonds — 417 — 417
State and municipal debt — 132 — 132
Asset-backed securities — 41 — 41
Mortgage-backed securities — 76 — 76
Annuity contracts — — 59 59
Derivatives 12 637 — 649
Other investments — — 161 161
Total investments $ 2,767 $ 3,307 $220 $ 6,294
Cash and short-term investments $ 111 $ 1,287 — $ 1,398
Other investment liabilities (17) (618) — (635)
Net investments at fair value $ 2,861 $ 3,976 $220 $ 7,057
Other investment receivables valued at NAV $ 63
Securities valued at NAV 5,961
Total net assets $13,081
(1) The investments of the U.S. pension and postretirement plans are commingled in one trust. At December 31, 2014, the allocable interests of the U.S. pension and postretirement plans were 99.9% and .01%, respectively.