General Motors 2012 Annual Report Download - page 138

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GENERAL MOTORS COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Balance at
January 1,
2011
Net Realized/
Unrealized
Gains (Loss)
Purchases,
Sales and
Settlements,
Net
Transfers
Into/
Out
of Level 3
Balance at
December 31,
2011
Change in
Unrealized
Gains/(Losses)
Attributable to
Assets Held at
December 31,
2011
Assets
Common and preferred stocks ..................... $ 64 $ (4) $ (11) $ (3) $ 46 $ (53)
Government and agency debt securities ............. 75 (9) (63) — 3 1
Corporate debt securities ......................... 562 (29) (168) (13) 352 (49)
Non-agency mortgage and asset-backed securities . . . . . 821 (8) (625) 9 197 (57)
Group annuity contracts .......................... 3,115 302 (208) — 3,209 302
Investment funds
Equity funds ................................. 382 (129) 268 — 521 (120)
Fixed income funds ........................... 2,287 40 (1,026) (91) 1,210 124
Funds of hedge funds .......................... 6,344 (56) (370) — 5,918 (23)
Global macro funds ........................... 4 — — — 4 —
Multi-strategy funds ........................... 3,546 (100) (1,297) (26) 2,123 63
Other investment funds ........................ 186 (19) (24) — 143 (19)
Private equity and debt investments ................ 8,037 839 (432) — 8,444 (12)
Real estate investments .......................... 5,508 799 (1,215) — 5,092 382
Total assets .................................... 30,931 1,626 (5,171) (124) 27,262 539
Liabilities
Corporate debt securities ......................... (2) — — 2 — —
Total liabilities ................................. (2) — — 2 — —
Derivatives, net
Interest rate contracts .......................... (18) 25 — — 7 25
Foreign currency exchange contracts ............. 1 — (1) — — —
Equity contracts .............................. (41) 50 (9) — — (1)
Credit contracts .............................. (1) (4) (1) — (6) (7)
Total net assets ................................. $30,870 $1,697 $(5,182) $(122) $27,263 $ 556
General Motors Company 2012 ANNUAL REPORT 135