(continued)
(in thousands) Fair Value Level 1 Level 2 Level 3
OPEB Plans:
Common stocks 268 268 - -
Mutual funds 131 131 - -
Fixed income funds 173 173 - -
Money market funds 13 - 13 -
Total Assets in the Fair Value Hierarchy 585 572 13 -
Investments measured at net asset value” - - - -
OPEB Plans Investments, at Fair Value 585 572 13 -
Totals $ 15,474 $ 572 $ 13 $ 2,264
{a) In accordance with Subtopic 820-10, certain investments that were measured at fair value using the net asset value per share (or its
equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are
intended to permit reconciliation of the fair value hierarchy to the amounts presented in the statements of assets available for benefits of
the Plans.
Level 1: Based on quoted prices in active markets for identical assets.
Level 2: Based on significant observable inputs.
Level 3: Based on significant unobservable inputs.
The following table summarizes investments at fair value based on NAV per share as of
December 31, 2017 and 2016, respectively:
(in thousands) Fair Value
December 31, 2017
Pooled Separate Accounts:
Equities $ 11,117
Fixed Income 3,434
Total Pooled Separate Accounts $ 14,551
December 31, 2016
Pooled Separate Accounts:
Equities $ 9,561
Fixed Income 3,064
Total Pooled Separate Accounts $ 12,625
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