Memorex 2010 Annual Report Download - page 71

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The fair value of the plan assets as of December 31, 2010 by asset category were as follows:
December 31,
2010
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Unobservable
Inputs
(Level 3)
(In millions)
Short-term investments:
Money markets. . . . . . . . . . . . . . . . . . $ 1.9 $ 1.9 $ — $ —
Commingled trust funds . . . . . . . . . . . . — — — —
Mutual funds . . . . . . . . . . . . . . . . . . . 0.2 — 0.2 —
Other short-term investments . . . . . . . . 0.2 — 0.2 —
Fixed income securities:
Mutual funds . . . . . . . . . . . . . . . . . . . 35.6 13.2 22.4 —
Equity securities:
Blended mutual funds . . . . . . . . . . . . . 26.4 7.9 18.5 —
Large-cap growth funds . . . . . . . . . . . . 18.3 — — 18.3
Small-cap growth funds . . . . . . . . . . . . 6.9 6.9 — —
Small-cap value funds . . . . . . . . . . . . . 6.8 6.8 — —
Commingled trust funds . . . . . . . . . . . . 7.2 — — 7.2
Growth mutual funds . . . . . . . . . . . . . . 1.1 1.1 — —
Other investments:
Insurance contracts . . . . . . . . . . . . . . . 18.8 — 18.8 —
Absolute return strategy funds . . . . . . . 8.7 — — 8.7
Total . . . . . . . . . . . . . . . . . . . . . . . . . $132.1 $37.8 $60.1 $34.2
There were no transfers into or out of Level 1 or Level 2 during the year ended December 31, 2010. Changes in the
fair value of the Plan’s Level 3 assets for the year ended December 31, 2010, were as follows:
Equity -
Large-cap
Growth
Funds
Equity -
Comingled
Trust
Funds
Other
Investments -
Absolute
Return
Strategy
Funds Total
(In millions)
Balance, beginning of year. . . . . . . . . . . . . . . . . . . . . . . . . . $18.3 $6.2 $ — $24.5
Realized gains (losses) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.6 — — 0.6
Unrealized gains (losses) relating to instruments still held at
the reporting date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.2 1.0 0.2 3.4
Purchases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.2 — 8.5 8.7
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3.0) — — (3.0)
Transfer into level 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — —
Transfer (out) of level 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — —
Balance, end of year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $18.3 $7.2 $8.7 $34.2
68
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)