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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
____
F-63
The fair values of our pension and post retirement benefit plan assets were determined using the following inputs as of
December 31, 2011:
(Millions)
Domestic equities (b)
International equities (b)
Agency backed bonds (b)
Asset backed securities (b)
Corporate bonds (b)
Government and municipal bonds (b)
Mortgage backed securities (b)
Pooled funds (b)
Derivatives (c)
Treasuries (b)
Real estate and private equity funds (d)
Cash equivalents and other
Guaranteed annuity contract (e)
Total investments
Dividends and interest receivable
Pending trades
Total plan assets
Fair
Value
$ 346.4
142.9
26.6
0.8
213.2
35.0
3.5
25.0
(0.6)
43.8
33.4
71.7
2.8
$ 944.5
7.5
(3.1)
$ 948.9
Quoted Price in
Active
Markets for
Identical Assets
Level 1
$ 345.4
75.5
—
—
—
—
—
—
0.1
—
—
1.2
—
$ 422.2
Significant
Other
Observable
Inputs
Level 2
$ 0.9
67.4
26.6
0.8
213.2
35.0
3.5
25.0
(0.7)
43.8
—
70.5
—
$ 486.0
(a)
Significant
Unobservable
Inputs
Level 3
$ 0.1
—
—
—
—
—
—
—
—
—
33.4
—
2.8
$ 36.3
The fair values of our pension plan assets were determined using the following inputs as of December 31, 2010:
(Millions)
Domestic equities (b)
International equities (b)
Agency backed bonds (b)
Asset backed securities (b)
Corporate bonds (b)
Government and municipal bonds (b)
Mortgage backed securities (b)
Pooled funds (c)
Derivatives (c)
Treasuries (b)
Treasury inflation protected securities (c)
Cash equivalents and other
Guaranteed annuity contract (e)
Total investments
Dividends and interest receivable
Pending trades
Total plan assets
Fair
Value
$ 366.8
161.4
29.4
1.3
121.3
14.5
3.5
21.3
0.3
72.2
40.7
31.3
3.3
$ 867.3
5.7
(2.5)
$ 870.5
Quoted Price in
Active
Markets for
Identical Assets
Level 1
$ 265.6
84.2
—
—
—
—
—
—
0.2
—
—
2.8
—
$ 352.8
Significant
Other
Observable
Inputs
Level 2
$ 101.0
77.2
29.4
1.3
121.3
14.5
3.5
21.3
0.1
72.2
40.7
28.5
—
$ 511.0
(a)
Significant
Unobservable
Inputs
Level 3
$ 0.2
—
—
—
—
—
—
—
—
—
—
—
3.3
$ 3.5