General Motors 2011 Annual Report Download - page 143

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GENERAL MOTORS COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
The following tables summarize the activity for non-U.S. plan assets classified in Level 3 (dollars in millions):
Balance at
January 1,
2011
Net
Realized/
Unrealized
Gains
(Loss)
Purchases,
Sales and
Settlements,
Net
Transfers
Into/
Out of
Level 3
Foreign
Currency
Exchange
Rate
Movements
Balance at
December 31,
2011
Change in
Unrealized
Gains/
(Losses)
Attributable
to Assets
Held at
December 31,
2011
Assets
Government and agency debt securities . . . . . . $ 4 $ — $ — $ (3) $ — $ 1 $ —
Corporate debt securities . . . . . . . . . . . . . . . . . 41 — (28) (9) — 4 —
Agency mortgage and asset-backed
securities ............................ — — — — — — —
Non-agency mortgage and asset-backed
securities............................ — — (2) 6 — 4 —
Investment funds
Equity funds . . . . . . . . . . . . . . . . . . . . . . . . . 200 (32) 9 (29) (2) 146 (33)
Fixed income funds . . . . . . . . . . . . . . . . . . . — — (5) 25 — 20 —
Funds of hedge funds . . . . . . . . . . . . . . . . . . 74 (4) 531 — (16) 585 (4)
Global macro funds . . . . . . . . . . . . . . . . . . . 255 (14) — — (5) 236 (14)
Other investment funds . . . . . . . . . . . . . . . . 103 — (94) — 2 11 —
Private equity and debt investments . . . . . . . . . 169 28 109 — (8) 298 28
Real estate investments .................. 1,263 203 (99) — (22) 1,345 203
Other investments . . . . . . . . . . . . . . . . . . . . . . . 281 30 121 11 (15) 428 30
Total assets ............................ $2,390 $211 $542 $ 1 $(66) $3,078 $210
Balance at
January 1,
2010
Net
Realized/
Unrealized
Gains
(Loss)
Purchases,
Sales and
Settlements,
Net
Transfers
Into/
Out of
Level 3
Foreign
Currency
Exchange
Rate
Movements
Balance at
December 31,
2010
Change in
Unrealized
Gains/
(Losses)
Attributable
to Assets
Held at
December 31,
2010
Assets
Government and agency debt securities . . . . . . $ 65 $ (2) $ (13) $ (46) $— $ 4 $ 1
Corporate debt securities . . . . . . . . . . . . . . . . . 109 2 (35) (38) 3 41 2
Agency mortgage and asset-backed
securities............................ 7 — — (7) — — —
Non-agency mortgage and asset-backed
securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 (1) (5) (10) — — 10
Investment funds
Equity funds . . . . . . . . . . . . . . . . . . . . . . . . . — 32 4 155 9 200 30
Funds of hedge funds . . . . . . . . . . . . . . . . . . 66 9 (4) — 3 74 9
Global macro funds . . . . . . . . . . . . . . . . . . . — 31 — 212 12 255 31
Other investment funds . . . . . . . . . . . . . . . . 104 4 (4) — (1) 103 4
Private equity and debt investments . . . . . . . . . 110 15 36 — 8 169 15
Real estate investments .................. 1,042 57 123 7 34 1,263 57
Other investments . . . . . . . . . . . . . . . . . . . . . . . — 17 (9) 253 20 281 17
Total assets ............................ $1,519 $164 $ 93 $526 $88 $2,390 $176
General Motors Company 2011 Annual Report 141