Hasbro 2013 Annual Report Download - page 92

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HASBRO, INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements — (Continued)
(Thousands of Dollars and Shares Except Per Share Data)
Assumptions used to determine the year-end pension and postretirement benefit obligations are as follows:
2013 2012
Pension
Weighted average discount rate ................................ 5.02% 4.09%
Mortality table ............................................. RP-2000/IRS
Static Basis
RP-2000/IRS
Static Basis
Postretirement
Discount rate ............................................... 5.11% 4.17%
Health care cost trend rate assumed for next year .................. 7.00% 7.00%
Rate to which the cost trend rate is assumed to decline (ultimate trend
rate) .................................................... 5.00% 5.00%
Year that the rate reaches the ultimate trend ...................... 2020 2020
The assets of the funded plans are managed by investment advisors. The fair values of the plan assets by
asset class and fair value hierarchy level (as described in note 12) as of December 29, 2013 and December 30,
2012 are as follows:
Fair value measurements using:
Fair Value
Quoted prices
In active
Markets for
Identical assets
(Level 1)
Significant other
Observable
Inputs (Level 2)
Significant
Unobservable
Inputs (Level 3)
2013:
Equity:
Large Cap .......................... $ 14,700 14,700 — —
Small Cap .......................... 18,400 18,400 — —
International ........................ 40,100 — 40,100 —
Other .............................. 59,500 — — 59,500
Fixed Income .......................... 103,700 — 100,700 3,000
Total Return Fund ...................... 27,900 — 27,900 —
Cash Equivalents ....................... 9,000 — 9,000 —
$273,300 33,100 177,700 62,500
2012:
Equity:
Large Cap .......................... $ 8,000 8,000 — —
Small Cap .......................... 11,400 11,400 — —
International ........................ 33,600 — 33,600 —
Other .............................. 56,600 — — 56,600
Fixed Income .......................... 110,600 — 108,200 2,400
Total Return Fund ...................... 31,800 — 31,800 —
Cash Equivalents ....................... 21,600 — 21,600 —
$273,600 19,400 195,200 59,000
80