Kroger 2011 Annual Report Download - page 112

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A-57
NO T E S T O CO N S O L I D A T E D FI N A N C I A L ST A T E M E N T S , CO N T I N U E D
Assumed health care cost trend rates have a significant effect on the amounts reported for the health
care plans. The Company used a 7.40% initial health care cost trend rate and a 4.50% ultimate health care cost
trend rate to determine its expense. A one-percentage-point change in the assumed health care cost trend
rates would have the following effects:
1% Point
Increase
1% Point
Decrease
Effect on total of service and interest cost components . . . . . . . . . . . . . . . . . . . . . . . . . $ 4 $ (3)
Effect on postretirement benefit obligation ................................... $ 40 $ (43)
The following table sets forth by level, within the fair value hierarchy, the Plan’s assets at fair value as of
January 28, 2012 and January 29, 2011:
AS S E T S AT FA I R VA L U E AS OF JA N U A R Y 28, 2012
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
Significant Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3) Total
Cash and cash equivalents . . . . . . . . . . . . . . . . . . . $ — $ — $ — $ —
Corporate Stocks ........................... 306 — — 306
Corporate Bonds ........................... — 82 — 82
U.S. Government Securities . . . . . . . . . . . . . . . . . . — 91 — 91
Mutual Funds/Collective Trusts . . . . . . . . . . . . . . . 143 476 — 619
Partnerships/Joint Ventures .................. — 454 — 454
Hedge Funds .............................. — — 579 579
Private Equity ............................. — — 159 159
Real Estate ................................ — — 81 81
Other .................................... — 152 — 152
Total. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $449 $1,255 $819 $ 2,523
AS S E T S AT FA I R VA L U E AS OF JA N U A R Y 29, 2011
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
Significant Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3) Total
Cash and cash equivalents . . . . . . . . . . . . . . . . . . . $ 1 $ — $ — $ 1
Corporate Stocks ........................... 324 — — 324
Corporate Bonds ........................... — 74 — 74
U.S. Government Securities . . . . . . . . . . . . . . . . . . — 66 — 66
Mutual Funds/Collective Trusts . . . . . . . . . . . . . . . 161 530 — 691
Partnerships/Joint Ventures .................. — 370 — 370
Hedge Funds .............................. — — 580 580
Private Equity ............................. — — 150 150
Real Estate ................................ — — 62 62
Other .................................... — 154 — 154
Total. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $486 $1,194 $792 $ 2,472