United Healthcare 2011 Annual Report Download - page 70

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68
The following table presents a summary of fair value measurements by level for assets and liabilities measured at fair value on
a recurring basis, excluding AARP related assets and liabilities:
(in millions)
December 31, 2011
Cash and cash equivalents .................................................
Debt securities - available-for-sale:
U.S. government and agency obligations ...................
State and municipal obligations..................................
Corporate obligations..................................................
U.S. agency mortgage-backed securities....................
Non-U.S. agency mortgage-backed securities............
Total debt securities - available-for-sale............................
Equity securities - available-for-sale .................................
Total assets at fair value.....................................................
Percentage of total assets at fair value...............................
December 31, 2010
Cash and cash equivalents .................................................
Debt securities - available-for-sale:
U.S. government and agency obligations ...................
State and municipal obligations..................................
Corporate obligations..................................................
U.S. agency mortgage-backed securities....................
Non-U.S. agency mortgage-backed securities............
Total debt securities - available-for-sale............................
Equity securities - available-for-sale .................................
Total cash, cash equivalents and investments at fair value
Interest rate swap assets.....................................................
Total assets at fair value.....................................................
Percentage of total assets at fair value...............................
Interest rate swap liabilities ...............................................
Quoted Prices
in Active
Markets
(Level 1)
$ 8,569
1,551
—
16
—
—
1,567
333
$ 10,469
37%
$ 8,069
1,515
—
31
—
—
1,546
306
9,921
—
$ 9,921
39%
$ —
Other
Observable
Inputs
(Level 2)
$ 860
822
6,750
5,805
2,353
497
16,227
2
$ 17,089
61%
$ 1,054
719
6,148
5,146
1,903
457
14,373
2
15,429
46
$ 15,475
60%
$ 104
Unobservable
Inputs
(Level 3)
$ —
—
15
186
—
7
208
209
$ 417
2%
$ —
—
—
133
—
8
141
208
349
—
$ 349
1%
$ —
Total
Fair
Value
$ 9,429
2,373
6,765
6,007
2,353
504
18,002
544
$ 27,975
100%
$ 9,123
2,234
6,148
5,310
1,903
465
16,060
516
25,699
46
$ 25,745
100%
$ 104
There were no transfers between Levels 1 and 2 during the years ended December 31, 2011 and 2010.