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98
PART II
ITEM 8.FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
(inmillions)
Amortized
Cost
Total
Unrealized
Gains
Total
Unrealized
Losses
TotalFair
Value
AsofDecember
  
Nucleardecommissioningtrusts  
Money market investments  - -  
Global equity securities   () 
Fixed-income securities   () 
Totalnucleardecommissioningtrusts()     () 
Other investments   - 
TOTAL    ()  
() RepresentsamountsbeforedeductingmillionandmillionatDecemberandrespectively
primarilyrelatedtodeferredtaxesonappreciationofinvestmentvalue
The fair value of debt securities by contractual maturity is as follows:
(inmillions)
AsofDecember
Lessthanyear 
–years 
–years 
Morethanyears 
Totalmaturitiesofdebtsecurities 
The following table provides a summary of activity for the debt and equity securities:
(inmillions)
  
Proceedsfromsalesandmaturitiesofnucleardecommissioningtrust
investments     
Grossrealizedgainsonsalesofsecuritiesheldasavailable-for-sale   
Grossrealizedlossesonsalesofsecuritiesheldasavailable-for-sale () () ()
NOTE 11: Employee Benefit Plans
Pension Plan and Postretirement Benefits
Other than Pensions (“PBOP”)
PG&E Corporation and the Utility sponsor a non-
contributory defined benefit pension plan for eligible
employees hired before December 31, 2012 and a cash
balance plan for those eligible employees hired after
this date or who made a one-time election to participate
(“Pension Plan”). The trusts underlying certain of these
plans are qualified trusts under the Internal Revenue
Code of 1986, as amended. If certain conditions are met,
PG&E Corporation and the Utility can deduct payments
made to the qualified trusts, subject to certain limitations.
PG&E Corporation’s and the Utility’s funding policy is
to contribute tax-deductible amounts, consistent with
applicable regulatory decisions and federal minimum
funding requirements. Based upon current assumptions
and available information, the Utility’s minimum funding
requirements related to its pension plans is zero.
PG&E Corporation and the Utility also sponsor contributory
postretirement medical plans for retirees and their eligible
dependents, and non-contributory postretirement life
insurance plans for eligible employees and retirees.
PG&E Corporation and the Utility use a fiscal year-end
measurement date for all plans.