Company: UIS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000746838-25-000008
Chunk: 143

Company: UNISYS CORP
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 143
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 investments are insurance contracts which are carried at book value, are not publicly traded and are reported at a fair value determined by the insurance provider. Certain investments are valued using net asset value (NAV) as a practical expedient. These investments may not be redeemable on a daily basis and may have redemption notice periods of up to 120 days. These investments include the following:Commingled Funds – These investments are comprised of debt, equity and other securities. The NAV is used as a practical expedient to estimate fair value. The NAV is based on the fair value of the underlying investments held by the funds less their liabilities. This practical expedient is not used when it is determined to be probable that the fund will sell the investment for an amount different than the reported NAV.Private Real Estate and Private Equity - These investments represent interests in limited partnerships which invest in privately-held companies or privately-held real estate or other real assets. Net asset values are developed and reported by the general partners that manage the partnerships. These valuations are based on property appraisals, utilization of market transactions that provide valuation information for comparable companies, discounted cash flows and other methods. These valuations are reported quarterly and adjusted as necessary at year end based on cash flows within the most recent period.

80

The following table sets forth by level, within the fair value hierarchy, the plans’ assets (liabilities) at fair value at December 31, 2024. U.S. PlansInternational PlansAs of December 31, 2024Fair ValueLevel 1Level 2Level 3Fair ValueLevel 1Level 2Level 3Pension plansEquity SecuritiesCommon Stocks$258.3 $258.3 $— $— $0.3 $0.3 $— $— Commingled Funds241.7 241.7 Debt SecuritiesU.S. Govt. Securities230.7 230.7 Other Fixed Income145.4 145.4 246.0 246.0 Insurance Contracts456.8 456.8 Commingled Funds100.1 100.1 12.1 12.1 Real EstateReal Estate Investment Trusts34.9 34.9 OtherDerivatives(i)(31.0)(15.9)(15.1)(28.3)(28.3)Commingled Funds13.6 13.6 Pooled Funds79.5 79.5 14