Unum 2012 Annual Report Download - page 143

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UNUM 2012 ANNUAL REPORT 141
The categorization of fair value measurements by input level for the assets in our U.K. pension plan is as follows:
December 31, 2012
Quoted Prices
in Active Markets Significant Other Significant
for Identical Assets Observable Unobservable
or Liabilities Inputs Inputs
(in millions of dollars) (Level 1) (Level 2) (Level 3) Total
Plan Assets
Diversified Growth Assets $ — $154.7 $ — $154.7
Fixed Interest and Index-linked Securities — 43.5 — 43.5
Cash Equivalents 7.4 — — 7.4
Total Plan Assets $7.4 $198.2 $ — $205.6
December 31, 2011
Quoted Prices
in Active Markets Significant Other Significant
for Identical Assets Observable Unobservable
or Liabilities Inputs Inputs
(in millions of dollars) (Level 1) (Level 2) (Level 3) Total
Plan Assets
Diversified Growth Assets $ — $123.7 $ — $123.7
Fixed Interest and Index-linked Securities — 63.5 — 63.5
Cash Equivalents 0.8 — — 0.8
Total Plan Assets $0.8 $187.2 $ — $188.0
Level 2 assets consist of funds that are valued based on the NAV of the underlying holdings. These investments have no unfunded
commitments and no specific redemption restrictions.
The categorization of fair value measurements by input level for the assets in our OPEB plan is as follows:
December 31, 2012
Quoted Prices
in Active Markets Significant Other Significant
for Identical Assets Observable Unobservable
or Liabilities Inputs Inputs
(in millions of dollars) (Level 1) (Level 2) (Level 3) Total
Assets
Life Insurance Contracts $ — $ — $11.5 $11.5
December 31, 2011
Quoted Prices
in Active Markets Significant Other Significant
for Identical Assets Observable Unobservable
or Liabilities Inputs Inputs
(in millions of dollars) (Level 1) (Level 2) (Level 3) Total
Assets
Life Insurance Contracts $ — $ — $11.7 $11.7
The fair value is represented by the actuarial present value of future cash flows of the contracts.