Lexmark 2010 Annual Report Download - page 121

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Corporate bonds and debentures: Valued at quoted prices in markets that are not active, broker
dealer quotations, or other methods by which all significant inputs are observable, either directly or
indirectly.
U.S. equity securities: Valued at the closing price reported on the active market on which the securities
are traded or at quoted prices in markets that are not active, broker dealer quotations, or other
methods by which all significant inputs are observable, either directly or indirectly.
The following table sets forth by level, within the fair value hierarchy, plan assets measured at fair value on
a recurring basis as of December 31, 2010:
Level 1 Level 2 Level 3 Total
Commingled trust funds:
Fixed income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ — $184.4 $— $184.4
International equity large-cap . . . . . . . . . . . . . . . . . . . . . . . — 114.0 — 114.0
International equity small-cap . . . . . . . . . . . . . . . . . . . . . . . — 20.7 — 20.7
Emerging market equity . . . . . . . . . . . . . . . . . . . . . . . . . . . — 24.7 — 24.7
Emerging market debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 23.6 — 23.6
U.S. equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 147.2 — 147.2
Mutual and money market funds:
Small mid-cap value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18.9 — — 18.9
Global equity. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29.6 — — 29.6
Money market fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 2.5 — 2.5
Corporate bonds and debentures, high yield. . . . . . . . . . . . . . — 32.5 — 32.5
U.S. equity securities:
Small mid-cap growth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17.8 — — 17.8
Cash equivalent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 0.1 — 0.1
Total assets at fair value. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $66.3 $549.7 $— $616.0
For purposes of comparison, the following table sets forth by level, within the fair value hierarchy, plan
assets measured at fair value on a recurring basis as of December 31, 2009:
Level 1 Level 2 Level 3 Total
Commingled trust funds:
Fixed income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $12.1 $165.4 $— $177.5
International equity large-cap . . . . . . . . . . . . . . . . . . . . . . . 6.5 116.0 — 122.5
International equity small-cap . . . . . . . . . . . . . . . . . . . . . . . — 18.7 — 18.7
Emerging market equity . . . . . . . . . . . . . . . . . . . . . . . . . . . — 25.3 — 25.3
Emerging market debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 24.5 — 24.5
U.S. equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 138.4 — 138.4
Mutual and money market funds:
Small mid-cap value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17.2 — — 17.2
Global equity. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29.1 — — 29.1
Money market fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 0.1 — 0.1
Corporate bonds and debentures, high yield. . . . . . . . . . . . . . — 34.7 — 34.7
U.S. equity securities:
Small mid-cap growth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17.4 — — 17.4
Cash equivalent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 0.5 — 0.5
Total assets at fair value. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $82.3 $523.6 $— $605.9
Defined Contribution Plans
Lexmark also sponsors defined contribution plans for employees in certain countries. Company
contributions are generally based upon a percentage of employees’ contributions. The Company’s
115