Pitney Bowes 2010 Annual Report Download - page 105

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PITNEY BOWES INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular dollars in thousands, except per share data)
86
U.S. Pension Plans - Fair Value Measurements at December 31, 2009
Level 1 Level 2 Level 3 Total
Assets:
Investment securities
Money market funds $- $ 95,534 $ - $ 95,534
Equity securities 403,536 316,754 - 720,290
Debt securities - U.S. and foreign
governments, agencies, and municipalities 50,934 29,628 - 80,562
Corporate debt securities - 156,811 - 156,811
Mortgage-backed securities - 132,509 761 133,270
Asset-backed securities - 17,347 - 17,347
Private equity - - 49,231 49,231
Real estate - - 50,331 50,331
Derivatives 135 - - 135
Securities lending fund * - 139,416 - 139,416
Total assets $ 454,605 $ 887,999 $ 100,323 $ 1,442,927
Liabilities:
Investment securities
Derivatives $ 2,064 $ 1 $ - $ 2,065
Total liabilities $ 2,064 $ 1 $ - $ 2,065
* Securities lending fund at December 31, 2009 is offset by a liability of $139,416 recorded in the Pitney Bowes Pension Plan net assets available for
benefits.