Pitney Bowes 2011 Annual Report Download - page 97

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PITNEY BOWES INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular dollars in thousands, except per share data)
79
Foreign Pension Plans - Fair Value Measurements at December 31, 2011
Level 1 Level 2 Level 3 Total
Assets:
Investment securities
Money market funds $- $ 7,236 $ - $ 7,236
Equity securities 113,257 150,787 - 264,044
Commingled fixed income securities - 127,611 - 127,611
Debt securities - U.S. and foreign
governments, agencies, and municipalities 13,616 - - 13,616
Corporate debt securities - 7,150 - 7,150
Derivatives - 7,164 - 7,164
Total assets $ 126,873 $ 299,948 $ - $ 426,821
Liabilities:
Investment securities
Derivatives $- $ 6,782 $ - $ 6,782
Total liabilities $- $ 6,782 $ - $ 6,782
Foreign Pension Plans - Fair Value Measurements at December 31, 2010
Level 1 Level 2 Level 3 Total
Assets:
Investment securities
Equity securities $ 128,859 $ 164,389 $ - $ 293,248
Commingled fixed income securities - 52,330 - 52,330
Debt securities - U.S. and foreign
governments, agencies, and municipalities 10,751 27,189 - 37,940
Corporate debt securities - 49,223 - 49,223
Derivatives 88 6,500 - 6,588
Total assets $ 139,698 $ 299,631 $ - $ 439,329
Liabilities:
Investment securities
Derivatives $- $ 6,873 $ - $ 6,873
Total liabilities $- $ 6,873 $ - $ 6,873