Union Pacific 2010 Annual Report Download - page 67

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67
As of December 31, 2009, the pension plan assets measured at fair value on a recurring basis were as
follows:
Quoted Prices Significan
t
in Active Othe
r
Significan
t
Markets fo
r
Observable Unobservable
Identical Inputs Inputs Inputs
Millions (Level 1) (Level 2) (Level 3) Tota
l
Plan assets:
Temporary cash investments $ 9 $ - $ - $ 9
Registered investment companies 8 176 - 184
U.S. government securities - 131 - 131
Corporate bonds & debentures - 284 - 284
Corporate stock 482 6 - 488
Venture capital and buyout partnerships - - 142 142
Real estate partnerships and funds - - 78 78
Common trust and other funds - 668 - 668
Other investments - 27 - 27
Total plan assets at fair value $ 499 $ 1,292 $ 220 2,011
Other assets [a] 33
Total plan assets $ 2,044
[a] Other assets include accrued receivables and pending broker settlements.
The following table presents a reconciliation of the beginning and ending balances of the fair value
measurements using significant unobservable inputs (Level 3 investments) during 2010:
Venture Capita
l
Real Estate
and Buyou
t
Partnership
s
Millions Partnership
s
and Funds Tota
l
Beginning balance - January 1, 2010 $ 142 $ 78 $ 220
Realized gain 3 1 4
Unrealized gain 21 10 31
Purchases, issuances, and settlements 3 10 13
Ending balance - December 31, 2010 $ 169 $ 99 $ 268
The following table presents a reconciliation of the beginning and ending balances of the fair value
measurements using significant unobservable inputs (Level 3 investments) during 2009:
Venture Capita
l
Real Estate
and Buyou
t
Partnership
s
Millions Partnership
s
and Funds Tota
l
Beginning balance - January 1, 2009 $ 147 $ 92 $ 239
Realized gain 3 - 3
Unrealized loss (18) (29) (47)
Purchases, issuances, and settlements 10 15 25
Ending balance - December 31, 2009 $ 142 $ 78 $ 220
Other Retirement Programs
401(k)/Thrift Plan – We provide a defined contribution plan (401(k)/thrift plan) to eligible non-union
employees for whom we make matching contributions. We match 50 cents for each dollar contributed by
employees up to the first six percent of compensation contributed. Our plan contributions were $13 million
in 2010, $14 million in 2009 and $14 million 2008.