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FAIR VALUE OF PENSION PLAN ASSETS

 

 
 
 










U.S. government securities


Corporate bonds (a)


Common/collective trusts (b)


Mutual funds:
Bond funds


Blend funds


Value and growth funds
Common and preferred stocks (c)


Other



Total pension plan assets (d)
 


 
Fair Value Measurements at December 31, 2011 Using
Description
Level 1
Level 2
Level 3
Total

U.S. government securities
$ 22
$
$
$ 22
Corporate bonds (a)
83
83
Common/collective trusts (b)
14
14
Mutual funds:
Bond funds
84
84
Blend funds
97
97
Value and growth funds
5
5
Common and preferred stocks (c)
131
131
Other
34
12
46
Total pension plan assets (d)
$339
$131
$12
$ 482
(a) This category represents investment grade bonds of U.S. and non-U.S. issuers from diverse industries.
(b) This category includes investment funds that primarily invest in U.S. and non-U.S. common stocks and fixed-income securities.
(c) This category represents direct investments in common and preferred stocks from diverse U.S. and non-U.S. industries.
(d) Amounts exclude net payables of approximately $6 million and $7 million as of December 31, 2012 and 2011, respectively.

 
