Health Net 2014 Annual Report Download - page 147

Download and view the complete annual report

Please find page 147 of the 2014 Health Net annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 187

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187

HEALTH NET, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
F-37
The changes in the balances of Level 3 financial assets for the years ended December 31, 2014 and 2013 were as
follows (dollars in millions):
Year Ended December 31,
2014 2013
Available-
For-Sale
Investments
Embedded
Contractual
Derivative
State-
Sponsored
Health
Plans
Settlement
Account
Deficit Total
Available-
For-Sale
Investments
Embedded
Contractual
Derivative
State-
Sponsored
Health
Plans
Settlement
Account
Deficit Total
Opening balance ........... $ — $ 7.2 $ 62.9 $ 70.1 $ 0.2 $ 11.2 $ — $ 11.4
Transfers into
Level 3............ — — — — — — — —
Transfers out of
Level 3............ — — — — — — — —
Total gains or losses for
the period:
Realized in net
income............ — 2.8 (62.9) (60.1) — 5.7 62.9 68.6
Unrealized in
accumulated
other
comprehensive
income............ — — — — — — — —
Purchases, issues, sales
and settlements:
Purchases............. — — — — — — — —
Issues................... — — — — — — — —
Sales .................... — — — — (0.2) — — (0.2)
Settlements.......... — — — — — (9.7) — (9.7)
Closing balance............. $ — $ 10.0 $ — $ 10.0 $ — $ 7.2 $ 62.9 $ 70.1
Change in unrealized
gains (losses)
included in net
income for assets
held at the end of
the reporting period. $— $— $— $ — $ — $ — $— $ —