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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:
2015 2014
Pension
Weighted average discount rate ........................... 4.58% 4.19%
Mortality table ......................................... RP-2014/Scale
BB
RP-2014/Scale
BB
Postretirement
Discount rate .......................................... 4.64% 4.23%
Health care cost trend rate assumed for next year .............. 7.00% 6.50%
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 .................. 2021 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 27, 2015 and December 28,
2014 are as follows:
Fair Value
Fair value measurements using:
Quoted Prices
in Active
Markets For
Identical Assets
(Level 1)
Significant
Other
Observable
Inputs (Level 2)
Significant
Unobservable
Inputs (Level 3)
2015:
Equity:
Large Cap .................. $ 27,600 27,600 — —
Small Cap .................. 24,300 24,300 — —
International ................. 37,500 — 37,500 —
Other ...................... 2,500 — — 2,500
Fixed Income .................. 122,600 — 122,600 —
Total Return Fund .............. 27,700 — 27,700 —
Cash Equivalents ............... 17,100 — 17,100 —
$259,300 51,900 204,900 2,500
2014:
Equity:
Large Cap .................. $ 14,100 14,100 — —
Small Cap .................. 18,000 18,000 — —
International ................. 34,300 — 34,300 —
Other ...................... 36,400 — — 36,400
Fixed Income .................. 132,100 — 110,100 22,000
Total Return Fund .............. 28,600 — 28,600 —
Cash Equivalents ............... 8,500 — 8,500 —
$272,000 32,100 181,500 58,400
Level 1 assets consist of investments traded on active markets that are valued using published closing
prices. The Plans’ Level 2 assets primarily consist of investments in common and collective trusts as well as
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