INVESTMENTS OF SINGLE-EMPLOYER REVOLVING FUNDS AND SINGLE-EMPLOYER TRUSTEED PLANS | ||||
30-Sep-02 |
30-Sep-01 |
|||
---|---|---|---|---|
(Dollars in millions) | Basis | Market Value | Basis | Market Value |
Fixed maturity securities: | ||||
U.S. Government securities | $14,165 | $15,796 | $12,399 | $13,206 |
Commercial paper | 28 | 28 | 0 | 0 |
Asset backed securities | 440 | 447 | 333 | 338 |
Corporate and other bonds | 478 | 471 | 286 | 285 |
Subtotal | 15,111 | 16,742 | 13,018 | 13,829 |
Equity securities | 6,847 | 7,349 | 4,283 | 6,245 |
Real estate and real estate investment trusts | 42 | 38 | 39 | 40 |
Insurance contracts | 15 | 6 | 119 | 120 |
Total * | $22,015 | $24,135 | $17,459 | $20,234 |
* This includes securities on loan at September 30, 2002, and September 30, 2001, with a market value of $122 million and $119 million, respectively. | ||||