McKesson 2014 Annual Report Download - page 97

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McKESSON CORPORATION
FINANCIAL NOTES (Continued)
94
Fair Value Measurements: The following tables represent our pension plan assets as of March 31, 2014 and 2013, using the
fair value hierarchy by asset class. The fair value hierarchy has three levels based on the reliability of the inputs used to determine
fair value. Level 1 refers to fair values determined based on unadjusted quoted prices in active markets for identical assets. Level 2
refers to fair values estimated using significant other observable inputs and Level 3 includes fair values estimated using significant
unobservable inputs.
U.S. Plans Non-U.S. Plans
March 31, 2014 March 31, 2014
(In millions) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total
Cash and cash equivalents $ 8 $ — $ — $ 8 $ 7 $ — $ — $ 7
Equity securities:
Common and preferred stock 19 — — 19 — — — —
Equity commingled funds — 132 — 132 6 157 — 163
Fixed income securities:
Government securities — 7 — 7 4 — — 4
Corporate bonds — 22 — 22 6 236 — 242
Mortgage-backed securities — 10 — 10 — — — —
Asset-backed securities and
other — 22 — 22 — — — —
Fixed income commingled
funds — 63 — 63 — 45 — 45
Other:
Real estate funds — — 16 16 — 19 7 26
Other commingled funds — — — — 3 49 — 52
Other — — — — — 46 5 51
Total $ 27 $ 256 $ 16 299 $ 26 $ 552 $ 12 590
Receivables (1) 1 —
Total $ 300 $ 590
(1) Represents pending trades at March 31, 2014.