Frontier Communications 2010 Annual Report Download - page 96

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The following tables represent the Company’s pension plan assets measured at fair value on a recurring
basis as of December 31, 2010 and 2009:
($ in thousands) Total
Quoted
Prices in Active
Markets for
Identical Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Fair Value Measurements at December 31, 2010
Cash and Cash Equivalents . . . . . . . . . . . . . . . $ 46,637 $ — $ 46,637 $ —
U.S. Government Obligations . . . . . . . . . . . . . 144,390 — 144,390 —
Corporate and Other Obligations . . . . . . . . . . 262,390 — 262,390 —
Common Stock. . . . . . . . . . . . . . . . . . . . . . . . . . . 226,369 226,369 — —
Commingled Funds . . . . . . . . . . . . . . . . . . . . . . . 107,200 — 69,822 37,378
Common/Collective Trust Funds . . . . . . . . . . 38,092 — 38,092 —
Interest in Registered Investment
Companies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 268,694 103,472 165,222 —
Interest in Limited Partnerships . . . . . . . . . . . 42,635 — — 42,635
Insurance Contracts. . . . . . . . . . . . . . . . . . . . . . . 900 — 900 —
Other.................................... (494) — (494) —
Total investments, at fair value. . . . . . . . . . . . $1,136,813 $329,841 $726,959 $80,013
Receivable for plan assets of Acquired
Business............................... 142,472
Receivable for earnings on plan assets of
Acquired Business . . . . . . . . . . . . . . . . . . . . . 24,453
Interest and Dividends Receivable . . . . . . . . . 2,669
Due from Broker for Securities Sold . . . . . . 16,780
Receivable Associated with Insurance
Contract............................... 7,400
Due to Broker for Securities Purchased . . . . (40,313)
Total Plan Assets, at Fair Value. . . . . . . . . . . $1,290,274
F-37
FRONTIER COMMUNICATIONS CORPORATION AND SUBSIDIARIES
Notes to Consolidated Financial Statements