Eli Lilly 2011 Annual Report Download - page 76

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FORM 10-K
The activity in the Level 3 investments during the year ended December 31, 2011 was as follows:
Hedge
Funds Equity-like
Funds Real
Estate Total
Defined Benefit Pension Plans
Beginning balance at January 1, 2011 ................................. $1,241.9 $802.9 $126.5 $2,171.3
Actual return on plan assets, including changes in foreign exchange rates:
Relating to assets still held at the reporting date ..................... (8.1) 34.4 3.9 30.2
Relating to assets sold during the period ............................ (18.1) 0.0 0.0 (18.1)
Purchases ....................................................... 217.7 159.1 11.5 388.3
Sales ............................................................ (25.2) 0.0 (3.9) (29.1)
Settlements ...................................................... (159.8) (126.2) 0.0 (286.0)
Ending balance at December 31, 2011 ................................ $1,248.4 $870.2 $138.0 $2,256.6
Retiree Health Benefit Plans
Beginning balance at January 1, 2011 ................................. $ 106.6 $ 74.5 $ 181.1
Actual return on plan assets, including changes in foreign exchange
rates:
Relating to assets still held at the reporting date ..................... 0.5 3.3 3.8
Relating to assets sold during the period ............................ (1.8) 0.0 (1.8)
Purchases ....................................................... 18.2 14.4 32.6
Sales ............................................................ (2.0) 0.0 (2.0)
Settlements ...................................................... (16.2) (12.3) (28.5)
Ending balance at December 31, 2011 ................................ $ 105.3 $ 79.9 $ 185.2
The fair values of our defined benefit pension plan and retiree health plan assets as of December 31, 2010 by asset
category are as follows:
Fair Value Measurements Using
Asset Class Total
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
Significant
Observable Inputs
(Level 2)
Significant
Unobservable Inputs
(Level 3)
Defined Benefit Pension Plans
Public equity securities
U.S. ...................................... $ 589.4 $421.4 $168.0 $
International ............................... 1,868.3 907.1 961.2
Fixed income
Developed markets ......................... 791.6 77.6 714.0
Emerging markets .......................... 336.2 336.2
Private alternative investments
Hedge funds ............................... 2,020.3 778.4 1,241.9
Equity-like funds ........................... 812.9 10.0 802.9
Real estate .................................. 126.5 126.5
Other ....................................... 437.8 195.9 241.9
Total ..................................... $6,983.0 $1,612.0 $3,199.7 $2,171.3
Retiree Health Benefit Plans
Public equity securities
U.S. ...................................... $ 56.0 $ 39.7 $ 16.3 $
International ............................... 131.6 67.8 63.8
Fixed income
Developed markets ......................... 50.5 50.5
Emerging markets .......................... 33.9 33.9
Private alternative investments
Hedge funds ............................... 185.2 78.6 106.6
Equity-like funds ........................... 74.5 74.5
Cash value of trust owned insurance contract ..... 761.7 761.7
Other ....................................... 34.3 12.6 21.7
Total ....................................... $1,327.7 $ 120.1 $ 1,026.5 $ 181.1
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