3M 2010 Annual Report Download - page 93

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87
The following table sets forth a summary of changes in the fair values of the international pension plans level 3
assets for the year ended December 31, 2010:
Fair Value Measurement Using Significant Unobservable Inputs (Level 3)
(Millions)
Equities
Fixed
Income
Private
Equity
Absolute
Return
Total
Beginning balance at January 1, 2010 ......
$
14
$
22
$
59
$
375
$
470
Net transfers into / (out of) level 3 .............
97
17
—
—
114
Foreign currency exchange .......................
2
—
4
(18
)
(12
)
Purchases, sales, issuances and
settlements, net .....................................
(15
)
—
7
10
2
Realized gain/(loss) ...................................
(18
)
—
(3
)
—
(21
)
Unrealized gains/(losses) relating to
instruments still held at the reporting
date ........................................................
18
(5
)
3
(23
)
(7
)
Ending balance at December 31, 2010 .....
$
98
$
34
$
70
$
344
$
546
The following table sets forth a summary of changes in the fair values of the international pension plans level 3
assets for the year ended December 31, 2009:
Fair Value Measurement Using Significant Unobservable Inputs (Level 3)
(Millions)
Equities
Fixed
Income
Private
Equity
Absolute
Return
Total
Beginning balance at January 1, 2009 ......
$
23
$
21
$
53
$
337
$
434
Net transfers into / (out of) level 3 .............
—
—
—
11
11
Foreign currency exchange .......................
2
4
3
7
16
Purchases, sales, issuances and
settlements, net .....................................
(7
)
(2
)
—
(10
)
(19
)
Realized gain/(loss) ...................................
—
—
—
—
—
Unrealized gains/(losses) relating to
instruments still held at the reporting
date ........................................................
(4
)
(1
)
3
30
28
Ending balance at December 31, 2009 .....
$
14
$
22
$
59
$
375
$
470