Kimberly-Clark 2011 Annual Report Download - page 43

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
6HWIRUWKEHORZDUHWKHILQDQFLDODVVHWVDQGOLDELOLWLHVPHDVXUHGDWIDLUYDOXHDVRI'HFHPEHUDQGWRJHWKHU
ZLWKWKHLQSXWVXVHGWRGHYHORSWKRVHIDLUYDOXHPHDVXUHPHQWV
Assets
&RPSDQ\RZQHGOLIHLQVXUDQFH³&2/,´ 
$YDLODEOHIRUVDOHVHFXULWLHV
'HULYDWLYHV
7RWDO
Liabilities
'HULYDWLYHV
December 31,
2011
(Millions of dollars)
$45
15
61
$ 121
$ 120
Fair Value Measurements
Level 1
$—
15
—
$15
$—
Level 2
$45
—
61
$ 106
$ 120
Level 3
$—
—
—
$—
$—
Assets
&RPSDQ\RZQHGOLIHLQVXUDQFH³&2/,´ 
$YDLODEOHIRUVDOHVHFXULWLHV
'HULYDWLYHV
7RWDO
Liabilities
'HULYDWLYHV
December 31,
2010
(Millions of dollars)



 

Fair Value Measurements
Level 1
²

²

²
Level 2

²

 

Level 3
²
²
²
²
²
7KH&2/,SROLFLHVDUHDVRXUFHRIIXQGLQJSULPDULO\IRURXUQRQTXDOLILHGHPSOR\HHEHQHILWVDQGDUHLQFOXGHGLQRWKHUDVVHWV
$YDLODEOHIRUVDOHVHFXULWLHVDUHLQFOXGHGLQRWKHUDVVHWV6HH1RWHIRULQIRUPDWLRQRQWKHFODVVLILFDWLRQRIGHULYDWLYHVLQWKH
&RQVROLGDWHG%DODQFH6KHHW
/HYHO)DLU9DOXHV²7KHIDLUYDOXHVRIDYDLODEOHIRUVDOHVHFXULWLHVDUHEDVHGRQTXRWHGPDUNHWSULFHVLQDFWLYHPDUNHWVIRU
LGHQWLFDODVVHWV8QUHDOL]HGORVVHVRQWKHVHVHFXULWLHVZHUHQRWVLJQLILFDQWDVRI'HFHPEHUDQGDQGKDYHEHHQ
UHFRUGHGLQRWKHUFRPSUHKHQVLYHLQFRPHXQWLOUHDOL]HG7KHXQUHDOL]HGORVVHVKDYHQRWEHHQUHFRJQL]HGLQHDUQLQJVEHFDXVHZH
KDYHERWKWKHLQWHQWDQGDELOLW\WRKROGWKHVHFXULWLHVIRUDSHULRGRIWLPHVXIILFLHQWWRDOORZIRUDQDQWLFLSDWHGUHFRYHU\RIIDLU
YDOXHWRWKHFRVWRIVXFKVHFXULWLHV
/HYHO)DLU9DOXHV²7KHIDLUYDOXHRIWKH&2/,SROLFLHVLVGHULYHGIURPLQYHVWPHQWVLQDPL[RIPRQH\PDUNHWIL[HG
LQFRPHDQGHTXLW\IXQGVPDQDJHGE\XQUHODWHGIXQGPDQDJHUV7KHIDLUYDOXHVRIGHULYDWLYHVXVHGWRPDQDJHLQWHUHVWUDWHULVN
DQGFRPPRGLW\SULFHULVNDUHEDVHGRQ/,%25UDWHVDQGLQWHUHVWUDWHVZDSFXUYHVDQG1<0(;SULFHTXRWDWLRQVUHVSHFWLYHO\
7KHIDLUYDOXHRIKHGJLQJLQVWUXPHQWVXVHGWRPDQDJHIRUHLJQFXUUHQF\ULVNLVEDVHGRQSXEOLVKHGTXRWDWLRQVRIVSRWFXUUHQF\
UDWHVDQGIRUZDUGSRLQWVZKLFKDUHFRQYHUWHGLQWRLPSOLHGIRUZDUGFXUUHQF\UDWHV$GGLWLRQDOLQIRUPDWLRQRQRXUXVHRIGHULYDWLYH
LQVWUXPHQWVLVFRQWDLQHGLQ1RWH
KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)