General Motors 2011 Annual Report Download - page 140

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GENERAL MOTORS COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Fair Value Measurements of U.S. Plan Assets
at December 31, 2010
Fair Value Measurements of Non-U.S.
Plan Assets at December 31, 2010
Level 1 Level 2 Level 3
Total U.S.
Plan Assets Level 1 Level 2 Level 3
Total
Non-U.S.
Plan Assets
Total U.S.
and Non-
U.S. Plan
Assets
Assets
Cash equivalents and other short-term
investments ................... $ — $ 6,855 $ — $ 6,855 $ — $ 717 $ — $ 717 $ 7,572
Common and preferred stocks ....... 6,755 788 64 7,607 2,781 13 — 2,794 10,401
Government and agency debt
securities (b) .................. — 5,402 75 5,477 — 3,410 4 3,414 8,891
Corporate debt securities (c) ........ — 8,252 562 8,814 — 1,964 41 2,005 10,819
Agency mortgage and asset-backed
securities . . . . . . . . . . . . . . . . . . . . . — 476 — 476 — 44 — 44 520
Non-agency mortgage and asset-
backed securities ............... — 1,863 821 2,684 — 86 — 86 2,770
Group annuity contracts ........... — — 3,115 3,115 — — — — 3,115
Investment funds
Equity funds . . . . . . . . . . . . . . . . . . . 20 12,831 382 13,233 2 2,001 200 2,203 15,436
Fixed income funds . . . . . . . . . . . . . 48 9,882 2,287 12,217 — 1,085 — 1,085 13,302
Funds of hedge funds . . . . . . . . . . . . — 516 6,344 6,860 — — 74 74 6,934
Global macro funds . . . . . . . . . . . . . — 111 4 115 — — 255 255 370
Multi-strategy funds ............ — 4,624 3,546 8,170 — 34 — 34 8,204
Other investment funds (d) . . . . . . . — 150 186 336 — — 103 103 439
Private equity and debt
investments (e) ................ — — 8,037 8,037 — — 169 169 8,206
Real estate investments (f) ......... 1,648 1 5,508 7,157 11 39 1,263 1,313 8,470
Other investments . . . . . . . . . . . . . . . . — — — — — 104 281 385 385
Derivatives
Interest rate contracts ............ — 1,251 — 1,251 — — — — 1,251
Foreign currency exchange
contracts . . . . . . . . . . . . . . . . . . . . — 91 1 92 — 56 — 56 148
Equity contracts . . . . . . . . . . . . . . . . 73 3 20 96 — 19 — 19 115
Credit contracts . . . . . . . . . . . . . . . . — 62 3 65 — — — — 65
Total assets ..................... 8,544 53,158 30,955 92,657 2,794 9,572 2,390 14,756 107,413
Liabilities
Common and preferred stocks (g) .... (1,287) (121) — (1,408) — — — — (1,408)
Corporate debt securities (g) . . . . . . . . — — (2) (2) — — — — (2)
Real estate investments (g) ......... (41) — — (41) — — — — (41)
Derivatives
Interest rate contracts . . . . . . . . . . . . (4) (2,272) (18) (2,294) — — — — (2,294)
Foreign currency exchange
contracts .................... — (146) — (146) — (45) — (45) (191)
Equity contracts ................ (180) (2) (61) (243) — (7) — (7) (250)
Credit contracts ................ — (21) (4) (25) — — — — (25)
Total liabilities ................... (1,512) (2,562) (85) (4,159) — (52) — (52) (4,211)
Net plan assets subject to leveling .... $7,032 $50,596 $30,870 88,498 $2,794 $9,520 $2,390 14,704 103,202
Other plan assets and liabilities (h) . . . 2,509 199 2,708
Net Plan Assets .................. $91,007 $14,903 $105,910
(a) Includes GM common stock of $1.2 billion within Level 1 of U.S. plan assets.
138 General Motors Company 2011 Annual Report