SIGMA ALDRICH CORP | 2013 | FY | 3


Fair Value Measurements at December 31, 2013
Assets
Quoted Prices
in Active Markets for
Identical Assets
(Level 1(1))
 
Significant Other
Observable
Inputs
(Level 2(2))
 
Total
Real estate
$

 
$
22

 
$
22

Common/collective trust funds — equity

 
260

 
260

Common/collective trust funds — government debt

 
18

 
18

Common/collective trust funds — Corporate and other non-government debt

 
126

 
126

Common/collective trust funds — real estate

 
1

 
1

Cash and cash equivalents
5

 
4

 
9

Total
$
5

 
$
431

 
$
436

Fair Value Measurements at December 31, 2012
Assets
Quoted Prices
in Active Markets for
Identical Assets
(Level 1(1))
 
Significant Other
Observable
Inputs
(Level 2(2))
 
Total
Corporate stocks — common
$
8

 
$

 
$
8

Government debt
8

 

 
8

Corporate and other non-government debt
16

 

 
16

Real estate

 
22

 
22

Common/collective trust funds — equity

 
223

 
223

Common/collective trust funds — government debt

 
12

 
12

Common/collective trust funds — Corporate and other non-government debt

 
88

 
88

Cash and cash equivalents
4

 

 
4

Other

 
5

 
5

Total
$
36

 
$
350

 
$
386

(1)
Level 1 instruments use observable market prices for the identical item in active markets and have the most reliable valuations.
(2)
Level 2 instruments are valued through broker/dealer quotation or through market-observable inputs for similar items in active markets. Equity securities categorized as Level 2 assets are primarily non-exchange-traded commingled or collective funds where the underlying securities have observable prices available from active markets. Valuation is based on the net asset value of fund units held as derived from the fair value of the underlying assets.

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