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DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
The following tables present the major categories of plan assets and the respective fair value hierarchy for the
postretirement medical plan assets as of December 31, 2010 and 2009 (in millions):
Equity securities(1)
U.S. Large-Cap equities(2)
International equities(2)
Fixed income securities(3)
U.S. Corporate bonds
International bonds
Total
Fair Value Measurements at December 31, 2010
Total
$1
1
2
1
$5
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
$—
—
2
1
$3
Significant
Observable
Inputs
(Level 2)
$1
1
—
—
$2
Significant
Unobservable
Inputs
(Level 3)
$—
—
—
—
$—
Equity securities(1)
U.S. Large-Cap equities(2)
International equities(2)
Fixed income securities(3)
U.S. Corporate bonds
International bonds
Total
Fair Value Measurements at December 31, 2009
Total
$1
1
2
1
$5
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
$—
—
2
1
$3
Significant
Observable
Inputs
(Level 2)
$1
1
—
—
$2
Significant
Unobservable
Inputs
(Level 3)
$—
—
—
—
$—
____________________________
(1) Equity securities are comprised of common stock and actively managed U.S. index funds and Europe, Australia, Far East
(EAFE) index funds. Investments in common stocks are valued using quoted market prices multiplied by the number of
shares held.
(2) Fixed income securities are comprised of U.S. Treasuries, U.S. Municipal bonds, investment grade U.S. and non-U.S. fixed
income securities which are valued using a broker quote in an active market, and actively managed fixed income
investment vehicles which are valued at NAV.
(3) The NAV is based on the fair value of the underlying assets owned by the equity index fund or fixed income investment
vehicle per share multiplied by the number of units held as of the measurement date and are classified as Level 2 assets.
Multi-employer Plans
The Company participates in a number of trustee-managed multi-employer defined benefit pension plans for employees
under certain collective bargaining agreements. Contributions paid into the multi-employer plans are expensed as incurred and
were approximately $4 million, $8 million, and $4 million for the years ended December 31, 2010, 2009 and 2008,
respectively.
96