2013 | ||||||||||||
Pension | Other | |||||||||||
U.S. | Non-U.S. | Postretirement | ||||||||||
Private | Private | Real | Private | |||||||||
Equity | Equity | Estate | Equity | |||||||||
(millions of dollars) | ||||||||||||
Fair value at January 1 | 489 | 448 | 293 | 7 | ||||||||
Net realized gains/(losses) | (1) | 11 | (13) | - | ||||||||
Net unrealized gains/(losses) | 86 | 57 | 10 | 3 | ||||||||
Net purchases/(sales) | (51) | (14) | (154) | (1) | ||||||||
Fair value at December 31 | 523 | 502 | 136 | 9 | ||||||||
2012 | ||||||||||||
Pension | Other | |||||||||||
U.S. | Non-U.S. | Postretirement | ||||||||||
Private | Private | Real | Private | |||||||||
Equity | Equity | Estate | Equity | |||||||||
(millions of dollars) | ||||||||||||
Fair value at January 1 | 458 | 393 | 397 | 7 | ||||||||
Net realized gains/(losses) | 2 | 2 | (14) | - | ||||||||
Net unrealized gains/(losses) | 41 | 22 | (1) | - | ||||||||
Net purchases/(sales) | (12) | 31 | (89) | - | ||||||||
Fair value at December 31 | 489 | 448 | 293 | 7 | ||||||||