Snapple 2009 Annual Report Download - page 122

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Fair Value of Plan Assets
The following table presents the major categories of plan assets and the respective fair value hierarchy for the
pension plan assets as of December 31, 2009 (in millions):
Total
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
Significant
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Fair Value Measurements at December 31, 2009
(In millions)
Cash and cash equivalents . . ............ $ 7 $ 7 $ — $ —
Equity securities(1)
U.S. Large-Cap equities(3) ............ 51 — 51 —
U.S. Small-Cap equities . . ............ 14 14 — —
International equities(3) . . ............ 42 — 42 —
Fixed income securities(2)
U.S. Treasuries .................... 1 1 — —
U.S. Municipal bonds . . . ............ 3 3 — —
Corporate bonds ................... 80 80 — —
International bonds(3) . . . ............ 25 20 5 —
Total .............................. $ 223 $ 125 $ 98 $ —
(1) Equity securities are comprised of common stock and actively managed U.S. index funds and Europe,
Australia, Far East (EAFE) index funds. Investments in common stocks are valued using quoted market prices
multiplied by the number of shares held.
(2) Fixed income securities are comprised of U.S. Treasuries, U.S. Municipal bonds, investment grade U.S. and
non-U.S. fixed income securities which are valued using a broker quote in an active market; actively managed
fixed income investment vehicles are valued at NAV.
(3) The NAV is based on the fair value of the underlying assets owned by the equity index fund or fixed income
investment vehicle per share multiplied by the number of units held as of the measurement date and are
classified as Level 2 assets.
102
DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS — (Continued)