John Deere 2013 Annual Report Download - page 38

The fair values of the pension plan assets at October 31,
2013 follow in millions of dollars:
Total Level 1 Level 2 Level 3
Cash and short-term investments .......$ 1,190 $ 317 $ 873
Equity:
U.S. equity securities ...................... 3,321 3,321
U.S. equity funds ............................ 47 5 42
International equity securities ......... 1,953 1,953
International equity funds ............... 481 68 413
Fixed Income:
Government and agency securities .. 391 370 21
Corporate debt securities ................ 278 278
Mortgage-backed securities ........... 106 14 92
Fixed income funds ........................ 601 91 510
Real estate ........................................ 550 110 12 $ 428
Private equity/venture capital ............. 1,416 1,416
Hedge funds ...................................... 529 379 150
Other investments ............................. 389 3 386
Derivative contracts - assets* ............. 769 10 759
Derivative contracts - liabilities** ........ (591) (6) (585)
Receivables, payables and other .......... 14 14
Securities lending collateral ................ 716 716
Securities lending liability ................... (716) (716)
Securities sold short .......................... (436) (436)
Total net assets .............................. $ 11,008 $ 5,834 $ 3,180 $ 1,994
* Includes contracts for interest rates of $749 million, foreign currency of $10 million,
equity of $9 million and other of $1 million.
** Includes contracts for interest rates of $563 million, foreign currency of $22 million
and other of $6 million.
The fair values of the health care assets at October 31, 2013
follow in millions of dollars:
Total Level 1 Level 2 Level 3
Cash and short-term investments .......$ 58 $ 29 $ 29
Equity:
U.S. equity securities ...................... 298 298
U.S. equity funds ............................ 84 84
International equity securities ......... 71 71
International equity funds ............... 187 187
Fixed Income:
Government and agency securities .. 184 180 4
Corporate debt securities ................ 33 33
Mortgage-backed securities ........... 11 11
Fixed income funds ........................ 58 58
Real estate ........................................ 52 6 31 $ 15
Private equity/venture capital ............. 48 48
Hedge funds ...................................... 71 66 5
Other investments ............................. 13 13
Derivative contracts - assets* ............. 4 4
Derivative contracts - liabilities** ........ (1) (1)
Receivables, payables and other .......... 1 1
Securities lending collateral ................ 109 109
Securities lending liability ................... (109) (109)
Securities sold short .......................... (15) (15)
Total net assets .............................. $ 1,157 $ 654 $ 435 $ 68
* Includes contracts for interest rates of $3 million and foreign currency of $1 million.
** Includes contracts for foreign currency of $1 million.
The fair values of the pension plan assets at October 31,
2012 follow in millions of dollars:
Total Level 1 Level 2 Level 3
Cash and short-term investments .......$ 1,166 $ 287 $ 879
Equity:
U.S. equity securities ...................... 2,481 2,481
U.S. equity funds ............................ 43 8 35
International equity securities ......... 1,477 1,477
International equity funds ............... 411 49 362
Fixed Income:
Government and agency securities .. 404 379 25
Corporate debt securities ................ 220 220
Mortgage-backed securities ........... 126 126
Fixed income funds ........................ 853 92 761
Real estate ........................................ 537 104 14 $ 419
Private equity/venture capital ............. 1,319 1,319
Hedge funds ...................................... 578 2 422 154
Other investments ............................. 508 1 507
Derivative contracts - assets* ............. 721 1 720
Derivative contracts - liabilities** ........ (454) (20) (434)
Receivables, payables and other .......... (41) (41)
Securities lending collateral ................ 223 223
Securities lending liability ................... (223) (223)
Securities sold short .......................... (332) (332)
Total net assets .............................. $ 10,017 $ 4,488 $ 3,637 $ 1,892
* Includes contracts for interest rates of $707 million, foreign currency of $8 million
and other of $6 million.
** Includes contracts for interest rates of $418 million, foreign currency of $12 million
and other of $24 million.
The fair values of the health care assets at October 31, 2012
follow in millions of dollars:
Total Level 1 Level 2 Level 3
Cash and short-term investments .......$ 78 $ 11 $ 67
Equity:
U.S. equity securities ...................... 319 319
U.S. equity funds ............................ 67 67
International equity securities ......... 69 69
International equity funds ............... 200 200
Fixed Income:
Government and agency securities .. 218 215 3
Corporate debt securities ................ 35 35
Mortgage-backed securities ........... 15 15
Fixed income funds ........................ 72 72
Real estate ........................................ 53 7 29 $ 17
Private equity/venture capital ............. 54 54
Hedge funds ...................................... 85 79 6
Other investments ............................. 21 21
Derivative contracts - assets* ............. 8 8
Derivative contracts - liabilities** ........ (1) (1)
Receivables, payables and other .......... 8 8
Securities lending collateral ................ 38 38
Securities lending liability ................... (38) (38)
Securities sold short .......................... (14) (14)
Total net assets .............................. $ 1,287 $ 682 $ 528 $ 77
* Includes contracts for interest rates of $7 million and foreign currency of $1 million.
** Includes contracts for foreign currency of $1 million.
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