Snapple 2011 Annual Report Download - page 109

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DR PEPPER SNAPPLE GROUP, INC.
NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
89
The Plans' asset allocation policy is reviewed at least annually. Factors considered when determining the appropriate asset
allocation include changes in plan liabilities, an evaluation of market conditions, tolerance for risk and cash requirements for
benefit payments. The investment policy contains allowable ranges in asset mix as outlined in the table below:
Asset Category
U.S. equity securities
International equity securities
U.S. fixed income
Target Range
15% - 25%
5%-10%
65%-85%
Fair Value of Plan Assets
The following tables present the major categories of plan assets and the respective fair value hierarchy for the pension plan
assets as of December 31, 2011 and 2010 (in millions):
Cash and cash equivalents
Equity securities(1)
U.S. Large-Cap equities(2)
International equities(2)
Fixed income securities
U.S. Treasuries
U.S. Municipal bonds
U.S. Corporate bonds
International bonds(2)
Total
Fair Value Measurements at December 31, 2011
Total
$ 4
39
21
1
6
138
30
$ 239
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
$ 4
—
—
1
—
—
—
$ 5
Significant
Observable
Inputs
(Level 2)
$ —
39
21
—
6
138
30
$ 234
Significant
Unobservable
Inputs
(Level 3)
$ —
—
—
—
—
—
—
$ —