Snapple 2012 Annual Report Download - page 107

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DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
89
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, 2012, and 2011 (in millions):
Fair Value Measurements at December 31, 2012
Quoted Prices in Significant Significant
Active Markets for Observable Unobservable
Identical Assets Inputs Inputs
Total (Level 1) (Level 2) (Level 3)
Equity securities(1)
U.S. Large-Cap equities(2) $ 1 $ — $ 1 $ —
Fixed income securities
U.S. Corporate bonds(3) 4 — 4 —
International bonds(2) — — — —
Total $ 5 $ — $ 5 $ —
Fair Value Measurements at December 31, 2011
Quoted Prices in Significant Significant
Active Markets for Observable Unobservable
Identical Assets Inputs Inputs
Total (Level 1) (Level 2) (Level 3)
Equity securities(1)
U.S. Large-Cap equities(2) $ 1 $ — $ 1 $ —
Fixed income securities
U.S. Corporate bonds(3) 3 — 3 —
International bonds(2) 1 — 1 —
Total $ 5 $ — $ 5 $ —
____________________________
(1) Equity securities are comprised of actively managed U.S. index funds and EAFE index funds.
(2) 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.
(3) U.S. Corporate bonds are based on quoted bid prices for comparable securities in the marketplace.
FAIR VALUE OF OTHER FINANCIAL INSTRUMENTS
The fair value amounts for cash and cash equivalents, accounts receivable, net, accounts payable and other current liabilities
approximate carrying amounts due to the short maturities of these instruments.