3M 2010 Annual Report Download - page 103

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97
The following tables provide information by level for assets and liabilities that are measured at fair value on a
recurring basis.
Fair Value
(Millions)
at
Dec. 31,
Fair
Value Measurements
Using Inputs Considered as
Description
2010
Level 1
Level 2
Level 3
Assets:
Available-for-sale:
Marketable securities:
U.S. government agency securities ............
$
309
$
$
309
$
Foreign government agency securities .......
55
55
Corporate debt securities ............................
472
472
Commercial paper ........................................
55
55
Asset-backed securities:
Automobile loan related ...........................
397
397
Credit card related ...................................
149
149
Equipment lease related ..........................
38
38
Other ........................................................
8
8
U.S. treasury securities ...............................
99
99
U.S. municipal securities .............................
23
23
Auction rate securities .................................
7
7
Other securities ...........................................
29
29
Investments ....................................................
21
21
Derivative instruments — assets:
Foreign currency forward/option contracts .....
38
36
2
Interest rate swap contracts ...........................
39
39
Liabilities:
Derivative instruments — liabilities:
Foreign currency forward/option contracts .....
82
82
Commodity price swap contracts ....................
5
5