The Hartford 2010 Annual Report Download - page 214

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
F-86
17. Pension Plans and Postretirement Health Care and Life Insurance Benefit Plans (continued)
The tables below provide a fair value level 3 roll forward for the twelve months ended December 31, 2010 and 2009 for the pension
plan assets for which significant unobservable inputs (Level 3) are used in the fair value measurement on a recurring basis. The Plan
classifies the fair value of financial instruments within Level 3 if there are no observable markets for the instruments or, in the absence
of active markets, if one or more of the significant inputs used to determine fair value are based on the Plan’ s own assumptions.
Therefore, the gains and losses in the tables below include changes in fair value due partly to observable and unobservable factors.
Pension Plan Asset Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Actual return on plan assets
Asset Category
Fair Value
as of
January 1,
2010
Relating to
assets still
held at the
reporting
date
Relating to
assets sold
during the
period
Purchase,
issuances,
and
settlements
Transfers
in and / or
out of
Level 3
Fair Value as
of
December 31,
2010
Corporate $ 12 $ (1) $ 1 $ (6) $ (3) $ 3
RMBS 24 — — (15) — 9
Foreign government 2 — — 2 (2) 2
Other fixed income 8 1 — 4 (5) 8
Hedge funds 501 29 4 101 — 635
Totals $ 547 $ 29 $ 5 $ 86 $ (10) $ 657
Pension Plan Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Actual return on plan assets
Asset Category
Fair Value
as of
January 1,
2009
Relating to
assets still
held at the
reporting
date
Relating to
assets sold
during the
period
Purchase,
issuances,
and
settlements
Transfers
in and / or
out of
Level 3
Fair Value as
of
December 31,
2009
Corporate $ 24 $ 7 $ (4) $ (10) $ (5) $ 12
RMBS 1 1 (1) 23 — 24
Foreign government — — — 2 — 2
Other fixed income 3 1 — 4 — 8
Hedge funds 199 57 (9) 254 — 501
Totals $ 227 $ 66 $ (14) $ 273 $ (5) $ 547
There was no Company common stock included in the Plan’ s assets as of December 31, 2010 and 2009.