Safeway 2013 Annual Report Download - page 67

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Table of Contents


The following table presents assets and liabilities which are measured at fair value on a recurring basis at December 28, 2013 (in millions):
Fair Value Measurements
Assets: Total
Quoted prices in active
markets
for identical
assets
(Level 1)
Significant
observable
inputs
(Level 2)
Significant
unobservable
inputs
(Level 3)
Cash equivalents:
Term deposits $2,818.0
$ —
$2,818.0
$ —
Money market 449.0
449.0
—
—
Bankers' acceptances 309.6
—
309.6
—
Commercial paper 274.0
—
274.0
—
Short-term investments (1) 81.0
42.0
39.0
—
Non-current investments (2) 38.0
—
38.0
—
Total $3,969.6
$491.0
$3,478.6
$ —
Liabilities:
Contingent consideration (3) $2.9
$ —
$ —
$2.9
Total $2.9
$ —
$ —
$2.9
(1) Included in Prepaid Expenses and Other Current Assets on the balance sheet.
(2) Included in Other Assets on the balance sheet.
(3) Included in Other Accrued Liabilities and Accrued Claims and Other Liabilities on the balance sheet.
A reconciliation of the beginning and ending balances for Level 3 liabilities for the year ended December 28, 2013 follows (in millions):
Contingent
consideration
Balance, beginning of year $21.8
Settlements (4.2)
Gains (14.7)
Balance, end of year $2.9
67