麻豆最新出品

Quarterly report pursuant to Section 13 or 15(d)

Assets And Liabilities Measured At Fair Value

v2.4.0.6
Assets And Liabilities Measured At Fair Value
 3 Months Ended
Mar. 31, 2013
Assets And Liabilities Measured At Fair Value 听
Assets And Liabilities Measured At Fair Value
Assets and Liabilities Measured at Fair Value
For assets and liabilities required to be reported at fair value, GAAP provides a hierarchy that prioritizes inputs to valuation techniques used to measure fair value into three broad levels. Level听1 inputs are quoted market prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level听2 inputs are inputs, other than quoted market prices included within Level听1, that are observable for the asset or liability, either directly or indirectly. Level听3 inputs are unobservable inputs for the asset or liability. 麻豆最新出品 does not have any assets or liabilities required to be measured at fair value considered to be Level 3.
麻豆最新出品's assets and liabilities measured at fair value are as follows:
听
听
听
Fair Value Measurements at March 31, 2013
Description
Total
听
Quoted prices
in active markets
for identical assets
(Level听1)
听
Significant other
observable
inputs
(Level听2)
听
听
听
amounts in millions
Cash equivalents
$
1,594

听
1,590

听
4

Available-for-sale securities
$
1,235

听
801

听
434


The majority of 麻豆最新出品's Level听2 financial assets and liabilities are debt instruments with quoted market prices which are not considered to be traded on "active markets," as defined in GAAP and other financial instruments valued based on financial models that use observable market data such as interest rates, stock prices and volatilities. Accordingly, the financial instruments are reported in the foregoing table as Level听2 fair value.
Realized and Unrealized Gains (Losses) on Financial Instruments
Realized and unrealized gains (losses) on financial instruments are comprised of changes in the fair value of the following:
听
Three months ended March 31,
听
2013
听
2012
听
amounts in millions
Fair Value Option Securities
$
82

听
73

Other derivatives
15

听
38

听
$
97

听
111