| (Dollars in Millions) | Single-Employer Program | Multiemployer Program | Memorandum Total | |||
|---|---|---|---|---|---|---|
| Sept 30, 2008 | Sept 30, 2007 | Sept 30, 2008 | Sept 30, 2007 | Sept 30, 2008 | Sept 30, 2007 | |
| ASSETS | ||||||
| Cash and cash equivalents | $1,906 | $2,201 | $20 | $7 | $1,926 | $2,208 |
| Securities lending collateral (Note 3) | $3,772 | $5,045 | 0 | 0 | 3,772 | 5,045 |
| Investments, at market (Note 3): | ||||||
| Fixed maturity securities | 34,075 | 36,450 | 1,298 | 1,198 | 35,373 | 37,639 |
| Equity securities | 13,044 | 17,386 | 0 | 0 | 13,044 | 17,386 |
| Real estate and real estate investment trusts | 3 | 3 | 0 | 0 | 3 | 3 |
| Other | 23 | 37 | 0 | 0 | 23 | 37 |
| Total investments | 47,145 | 53,876 | 1,298 | 1,189 | 48,443 | 55,065 |
| Receivables, net: | ||||||
| Sponsors of terminated plans | 19 | 68 | 0 | 0 | 19 | 68 |
| Premiums (Note 10) | 185 | 151 | 2 | 1 | 187 | 152 |
| Sale of securities | 1,357 | 937 | 0 | 0 | 1,357 | 937 |
| Derivative contracts (Note 4) | 6,831 | 4,634 | 0 | 0 | 6,831 | 4,634 |
| Investments income | 398 | 286 | 7 | 0 | 398 | 286 |
| Other | 3 | 2 | 0 | 0 | 3 | 2 |
| Total receivables | 8,793 | 6,078 | 9 | 1 | 8,802 | 6,079 |
| Capitalized assets, net | 32 | 41 | 0 | 0 | 32 | 41 |
| Total assets | $61,648 | $67,241 | $1,327 | $1,197 | $62,975 | $68,438 |
| The accompanying notes are an integral part of these financial statements | ||||||