Occidental Petroleum 2012 Annual Report Download - page 68
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Please find page 68 of the 2012 Occidental Petroleum 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.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.