UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 11-K
| | | |
| (Mark One) | |
| x | | ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended December 31, 2010
OR
| | | |
| o | | TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
Commission file number 000-12477
THE RETIREMENT AND SAVINGS PLAN FOR
AMGEN MANUFACTURING, LIMITED
State Road 31, Kilometer 24.6, Juncos, Puerto Rico 00777
(Full title and address of the plan)
AMGEN INC.
(Name of issuer of the securities held)
| | | |
|
| One Amgen Center Drive, | | 91320-1799 |
| Thousand Oaks, California | | (Zip Code) |
| (Address of principal executive offices) | | |
The Retirement and Savings Plan for
Amgen Manufacturing, Limited
Audited Financial Statements
and Supplemental Schedules
Years Ended December 31, 2010 and 2009
Contents
| | | | | |
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| | | 1 | |
| | | | | |
Audited Financial Statements: | | | | |
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| | | 2 | |
| | | 3 | |
| | | 4 | |
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Supplemental Schedules: | | | | |
| | | | | |
| | | 17 | |
| | | 32 | |
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| | | 33 | |
| | | 34 | |
Report of Independent Registered Public Accounting Firm
Amgen Manufacturing, Limited, as Named Fiduciary, and the Plan Participants
of The Retirement and Savings Plan for Amgen Manufacturing, Limited
We have audited the accompanying statements of net assets available for benefits of The Retirement and Savings Plan for Amgen Manufacturing, Limited (the Plan) as of December 31, 2010 and 2009, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We were not engaged to perform an audit of the Plan’s internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan at December 31, 2010 and 2009, and the changes in its net assets available for benefits for the years then ended, in conformity with U.S. generally accepted accounting principles.
Our audits were performed for the purpose of forming an opinion on the financial statements taken as a whole. The accompanying supplemental schedules of assets (held at end of year) as of December 31, 2010 and assets (acquired and disposed of within year) for the year then ended are presented for purposes of additional analysis and are not a required part of the financial statements but are supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. These supplemental schedules are the responsibility of the Plan’s management. The supplemental schedules have been subjected to the auditing procedures applied in our audits of the financial statements and, in our opinion, are fairly stated in all material respects in relation to the financial statements taken as a whole.
/s/ ERNST & YOUNG LLP
San Juan, Puerto Rico
June 23, 2011
1
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Statements of Net Assets Available for Benefits
| | | | | | | | | |
| | | December 31 | |
| | | 2010 | | | 2009 | |
Assets | | | | | | | | |
| Investments at fair value | | $ | 139,999,897 | | | $ | 110,477,580 | |
| Notes receivable from participants | | | 12,248,971 | | | | 9,963,985 | |
| Other - principally due from broker | | | 158,686 | | | | 263,753 | |
| | | | | | | |
| Total assets | | | 152,407,554 | | | | 120,705,318 | |
| | | | | | | | | |
Liabilities | | | | | | | | |
| Other - principally due to broker | | | 150,506 | | | | 215,831 | |
| | | | | | | |
| Net assets reflecting investments at fair value | | | 152,257,048 | | | | 120,489,487 | |
| | | | | | | | | |
| Adjustment from fair value to contract value for interest in collective trust fund relating to fully benefit-responsive investment contracts | | | (266,989 | ) | | | (16,333 | ) |
| | | | | | | |
| | | | | | | | | |
Net assets available for benefits | | $ | 151,990,059 | | | $ | 120,473,154 | |
| | | | | | | |
See accompanying notes.
2
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Statements of Changes in Net Assets Available for Benefits
| | | | | | | | | |
| | | Year Ended December 31 | |
| | | 2010 | | | 2009 | |
| Additions to (deductions from) net assets: | | | | | | | | |
| Employer contributions | | $ | 11,138,501 | | | $ | 11,327,502 | |
| Participant contributions | | | 7,616,456 | | | | 7,637,569 | |
| Rollover contributions | | | 65,636 | | | | 68,710 | |
| Interest and dividend income | | | 873,815 | | | | 893,092 | |
| Net realized/unrealized gains | | | 14,062,319 | | | | 17,188,943 | |
| Interest income on notes receivable from participants | | | 576,795 | | | | 601,961 | |
| Benefits paid | | | (2,816,617 | ) | | | (2,980,500 | ) |
| | | | | | | |
| | | | | | | | | |
| Net increase | | | 31,516,905 | | | | 34,737,277 | |
| | | | | | | | | |
| Net assets available for benefits at beginning of year | | | 120,473,154 | | | | 85,735,877 | |
| | | | | | | |
| Net assets available for benefits at end of year | | $ | 151,990,059 | | | $ | 120,473,154 | |
| | | | | | | |
See accompanying notes.
3
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements
December 31, 2010
1. Description of the Plan
The following description of The Retirement and Savings Plan for Amgen Manufacturing, Limited (the Plan) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan’s provisions.
General
The Plan was established effective January 1, 2002, most recently amended and restated effective January 1, 2006 and subsequently amended, with the most recent amendment adopted on December 4, 2009. The Plan is a defined contribution plan covering substantially all Puerto Rico resident employees of Amgen Manufacturing, Limited (the Company), a wholly owned subsidiary of Amgen Inc. (Amgen). The Plan, as amended, is intended to qualify under sections 1165(a) and (e) of the Puerto Rico Internal Revenue Code of 1994, as amended (the PR Code) (see Note 5, Income Tax Status) and section 407(d)(3)(A) of the Employee Retirement Income Security Act of 1974 (ERISA).
Contributions
Subject to certain limitations (as defined in the Plan), participants may elect to contribute up to 30% of their eligible compensation in pre-tax contributions and after-tax contributions or a combination of these types of contributions. A participant’s pre-tax contributions are subject to PR Code and Plan limitations and could not exceed $9,000 in 2010 and 2009. Participants may elect to contribute after-tax contributions beginning January 1 of the year following the year the participant was hired. Participant after-tax contributions are subject to PR Code and Plan limitations and could not exceed $1,500 in 2010 and 2009. Unless an employee has voluntarily enrolled in the Plan or has declined to participate in the Plan within the first 30 days of employment, all newly eligible participants are automatically enrolled in the Plan and contributions equal to 5% of their eligible compensation are withheld and contributed to the Plan as pre-tax contributions; such contributions are automatically increased by 1% per year until their contributions reach 10% of their eligible compensation. Participants may elect to adjust, cease or resume their contributions at any time.
Participants who are at least age 50 by the close of the Plan year may also elect to make certain additional pre-tax contributions, referred to as catch-up contributions, that are subject to PR Code and Plan limitations and could not exceed $1,000 in 2010 and 2009. Participants may also contribute pre-tax and after-tax amounts representing certain distributions from defined benefit or other defined contribution plans qualified in Puerto Rico, referred to as rollover contributions (as defined in the Plan).
4
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
1. Description of the Plan (continued)
Contributions (continued)
Each pay period, the Company makes a non-elective contribution for all eligible participants, whether or not they have elected to make contributions to the Plan, equal to 4% of each participant’s eligible compensation (Core Contribution). In addition, the Company makes a contribution equal to amounts contributed by the participant as pre-tax contributions and, if applicable, as catch-up contributions up to 5% of eligible compensation (Matching Contribution).
Participants select the investments in which their contributions, including their Core Contributions and Matching Contributions (collectively Company Contributions), are to be invested, electing among various alternatives, including Amgen Inc. common stock (Amgen stock). Participants may direct a maximum of 20% of contributions to be invested in Amgen stock. In addition, participants may transfer amounts among the investment options at any time, subject to certain limitations. Notwithstanding the foregoing, if 20% or more of the value of a participant’s Plan account is invested in Amgen stock, no transfers from other investment options can be made to invest in Amgen stock.
The accounts of participants who had never made an investment election are allocated to investments under a qualified default investment alternative which is intended to be compliant with ERISA regulations. At any time, participants may elect to alter the investments in their accounts made under a qualified default investment alternative.
Vesting
Participants who are or became eligible employees on or after January 1, 2007 are 100% vested with respect to all of their individual contributions, Company Contributions, and earnings and losses (hereafter referred to as “earnings”) thereon. Participants who are not and do not become eligible employees on or after January 1, 2007 are subject to certain vesting conditions (as defined in the Plan) with regard to Company contributions and related earnings thereon.
Participant Accounts
Each participant’s account is credited with the participant’s contributions and an allocation of (a) Company Contributions and (b) earnings. The benefit to which a participant is entitled is the benefit that can be provided from the vested portion of the participant’s account.
5
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
1. Description of the Plan (continued)
Plan Investments
Participants can invest in any of 14 different asset classes as well as Amgen stock or may actively manage their account under a self-directed brokerage arrangement in which a wider array of investment options are available. Each asset class has investments in one or more underlying investment vehicles, including mutual funds, collective trust funds and portfolios which are separately managed exclusively for the benefit of Plan participants and their beneficiaries (separately managed portfolios). The separately managed portfolios are primarily composed of investments in publicly traded common and preferred stocks of domestic and foreign entities.
Payments of Benefits
Upon termination of employment, including termination due to disability (as defined in the Plan), death or retirement, a participant or the participant’s named beneficiary may elect to receive an amount equal to the value of his or her vested account balance in (a) a single payment in cash, (b) a single distribution in full shares of Amgen stock (with any fractional shares paid in cash), (c) a single distribution paid in a combination of cash and full shares of Amgen stock, or (d) a rollover distribution to an eligible retirement plan (as defined in the Plan). If a participant dies before receiving the value of his or her vested account balance, the participant’s beneficiary may elect to receive the distribution of remaining funds from among the alternatives described above.
Subsequent to termination of employment, participants may also elect to maintain their vested account balance in the Plan, provided that their account balance is greater than $1,000.
Certain restrictions apply to withdrawals from the Plan while a participant continues to be employed by the Company.
Notes Receivable from Participants
Subject to certain restrictions, a participant can have outstanding up to two loans at any one time from his or her Plan account up to a combined maximum amount (as defined in the Plan) equal to the lesser of (a) 50% of their vested account balance or (b) $50,000 less certain adjustments, as applicable (as defined in the Plan). A participant’s loan is secured by his or her Plan account balance. Loans made prior to January 1, 2006 bear interest at fixed rates based on the average borrowing rates of certain major banks. Loans made on or after January 1, 2006
6
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
1. Description of the Plan (continued)
Notes Receivable from Participants (continued)
bear interest at fixed rates based on the prime rate plus one percentage point as published in The Wall Street Journal determined as of the last day of the calendar quarter preceding origination or such other rate as may be required by law. Loans are generally payable in installments over periods ranging from one to five years, unless the loan is used to acquire a principal residence for which the term of the loan may be up to 20 years. Principal and interest payments are allocated to the participant’s account.
Plan Termination
Although it has not expressed any intent to do so, the Company has the right under the Plan to terminate the Plan subject to the provisions of ERISA. Upon termination, participants would receive distributions of their vested account balances.
Trustee
Banco Popular de Puerto Rico is the Plan’s trustee.
2. Summary of Significant Accounting Policies
Basis of Accounting
The accompanying financial statements are prepared on the accrual basis of accounting.
Fair Value Measurement
�� The investments of the Plan are reported at fair value. Fair value is generally defined as the price that would be received to sell an asset or paid to transfer a liability (the exit price) in an orderly transaction between market participants at the measurement date (see Note 3, Fair Value Measurements).
7
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
2. Summary of Significant Accounting Policies (continued)
Investment Income and Losses
Dividend income is recognized on the ex-dividend date and interest income is recorded on an accrual basis. Unrealized gains and losses on investments are measured by the change in the difference between the fair value and cost of the securities held at the beginning of the year (or date purchased if acquired during the Plan year) and the end of the year. Realized gains and losses from security transactions are recorded based on the weighted-average cost of securities sold.
Fully Benefit-Responsive Investment Contracts
The Plan holds units of collective trust funds that have investments in fully benefit-responsive investment contracts. Such contracts held directly or indirectly by a defined contribution plan are required to be reported at fair value. However, contract value is the relevant measurement attribute for that portion of the net assets available for benefits of a defined contribution plan attributable to fully benefit-responsive investment contracts because contract value is the amount participants would receive if they were to initiate qualified transactions related to these investments. The Statements of Net Assets Available for Benefits present these contracts at fair value with an adjustment to contract value. The Statements of Changes in Net Assets Available for Benefits are prepared on a contract value basis.
Due from/to Brokers
Purchases and sales of investments are recorded on a trade-date basis. Due from brokers and due to brokers arise from unsettled sale and purchase transactions as of December 31, 2010 and 2009.
Change in Method of Accounting for Notes Receivable from Participants
Effective for the year ended December 31, 2010, the Plan adopted a new accounting standard that requires notes receivable from participants to be segregated from Plan investments and measured at their unpaid balance plus any accrued but unpaid interest. As required by this new standard, it has been retrospectively applied to the prior year. The adoption of this new accounting standard did not have any impact on the Plan’s net assets available for benefits.
8
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
2. Summary of Significant Accounting Policies (continued)
Use of Estimates
The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
Recent Accounting Pronouncements
Beginning January 1, 2010, the Plan adopted a new accounting standard which requires additional disclosure about the amounts of and reasons for significant transfers between levels of the fair value hierarchy. This standard also clarifies existing disclosure requirements related to the level of disaggregation of fair value measurements for each class of assets and liabilities and disclosures about inputs and valuation techniques used to measure fair value for Level 2 and Level 3 measurements. As this new accounting standard only requires enhanced disclosure, its adoption did not impact the Plan’s net assets available for benefits or changes to net assets available for benefits.
In May 2011, a new accounting standard was issued that amends certain fair value measurement principles, clarifies the application of existing fair value measurement requirements and requires additional disclosures regarding fair value. This new standard is required to be applied prospectively beginning in 2012. The Company is currently evaluating the effect this new accounting standard will have on the Plan’s financial statements.
3. Fair Value Measurements
The Plan uses various valuation approaches in determining the fair value of investments within a hierarchy that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the investment based on market data obtained from independent sources. Unobservable inputs are inputs that reflect assumptions about the inputs that market participants would use in pricing the investment and are developed based on the best information available in the circumstances. The fair value hierarchy is broken down into three levels based on the source of inputs as follows:
Level 1 – Valuations based on unadjusted quoted prices in active markets for identical investments that the Plan has the ability to access;
9
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
3. Fair Value Measurements (continued)
Level 2 – Valuations for which all significant inputs are observable, either directly or indirectly, other than level 1 inputs;
Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement.
The availability of observable inputs can vary among the various types of investments. To the extent that the valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for financial statement disclosure purposes, the level in the fair value hierarchy within which the fair value measurement is categorized is based on the lowest level input that is significant to the overall fair value measurement.
10
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
3. Fair Value Measurements (continued)
The following fair value hierarchy table presents information about each major class/category of the Plan’s investments measured at fair value:
| | | | | | | | | | | | | | | | | |
| | | Fair value measurements at December 31, 2010 using |
| | | Quoted prices | | | | | | | | | | | |
| | | in active | | | Significant | | | | | | | | |
| | | markets for | | | other | | | Significant | | | | |
| | | identical | | | observable | | | unobservable | | | | |
| | | assets | | | inputs | | | inputs | | | | |
| | | (Level 1) | | | (Level 2) | | | (Level 3) | | | Total | |
| | | | | | | | | |
| Amgen stock | | $ | 24,251,842 | | | $ | - | | | $ | - | | | $ | 24,251,842 | |
| Cash and cash equivalents | | | 44,099 | | | | - | | | | - | | | | 44,099 | |
| Common and preferred stocks: | | | | | | | | | | | | | | | | |
| International growth | | | 4,992,695 | | | | - | | | | - | | | | 4,992,695 | |
| Large cap growth | | | 15,382,092 | | | | - | | | | - | | | | 15,382,092 | |
| Large cap value | | | 3,239,826 | | | | - | | | | - | | | | 3,239,826 | |
| Small-mid cap growth | | | 1,403,088 | | | | - | | | | - | | | | 1,403,088 | |
| Small-mid cap value | | | 12,262,396 | | | | - | | | | - | | | | 12,262,396 | |
| Other | | | 299,735 | | | | - | | | | - | | | | 299,735 | |
| Mutual funds: | | | | | | | | | | | | | | | | |
| High yield debt | | | 2,473,085 | | | | - | | | | - | | | | 2,473,085 | |
| Inflation indexed debt | | | 548,925 | | | | - | | | | - | | | | 548,925 | |
| International value | | | 6,552,760 | | | | - | | | | - | | | | 6,552,760 | |
| Real estate investment trust index | | | 3,267,250 | | | | - | | | | - | | | | 3,267,250 | |
| Collective trust funds: | | | | | | | | | | | | | | | | |
| Capital preservation | | | - | | | | 12,402,835 | | | | - | | | | 12,402,835 | |
| Emerging markets equity | | | - | | | | 5,429,356 | | | | - | | | | 5,429,356 | |
| Fixed income | | | - | | | | 7,186,707 | | | | - | | | | 7,186,707 | |
| Inflation indexed debt | | | - | | | | 51,259 | | | | - | | | | 51,259 | |
| International | | | - | | | | 1,191,104 | | | | - | | | | 1,191,104 | |
| Large cap growth | | | - | | | | 1,217,724 | | | | - | | | | 1,217,724 | |
| Large cap index | | | - | | | | 28,271,425 | | | | - | | | | 28,271,425 | |
| Large cap value | | | - | | | | 281,671 | | | | - | | | | 281,671 | |
| Small-mid cap growth | | | - | | | | 93,814 | | | | - | | | | 93,814 | |
| Small-mid cap index | | | - | | | | 5,366,964 | | | | - | | | | 5,366,964 | |
| Small-mid cap value | | | - | | | | 1,383,843 | | | | - | | | | 1,383,843 | |
| Short term investments | | | - | | | | 2,405,402 | | | | - | | | | 2,405,402 | |
| | | | | | | | | |
| | | $ | 74,717,793 | | | $ | 65,282,104 | | | $ | - | | | $ | 139,999,897 | |
| | | | | | | | | |
11
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
3. Fair Value Measurements (continued)
| | | | | | | | | | | | | | | | | |
| | | Fair value measurements at December 31, 2009 using | |
| | | Quoted prices | | | | | | | | | | |
| | | in active | | | Significant | | | | | | | |
| | | markets for | | | other | | | Significant | | | | |
| | | identical | | | observable | | | unobservable | | | | |
| | | assets | | | inputs | | | inputs | | | | |
| | | (Level 1) | | | (Level 2) | | | (Level 3) | | | Total | |
| | | | | | | | | |
| Amgen stock | | $ | 24,454,206 | | | $ | - | | | $ | - | | | $ | 24,454,206 | |
| Cash and cash equivalents | | | 115,481 | | | | - | | | | - | | | | 115,481 | |
| Common and preferred stocks: | | | | | | | | | | | | | | | | |
| Growth | | | 16,545,699 | | | | - | | | | - | | | | 16,545,699 | |
| Value | | | 11,251,726 | | | | - | | | | - | | | | 11,251,726 | |
| Other | | | 236,841 | | | | 141,545 | | | | - | | | | 378,386 | |
| Mutual funds: | | | | | | | | | | | | | | | | |
| Fixed income | | | 2,151,872 | | | | - | | | | - | | | | 2,151,872 | |
| Value | | | 4,392,212 | | | | - | | | | - | | | | 4,392,212 | |
| Other | | | 2,268,804 | | | | - | | | | - | | | | 2,268,804 | |
| Collective trust funds: | | | | | | | | | | | | | | | | |
| Fixed income | | | - | | | | 16,152,094 | | | | - | | | | 16,152,094 | |
| Growth | | | - | | | | 2,002,548 | | | | - | | | | 2,002,548 | |
| Index | | | - | | | | 25,157,297 | | | | - | | | | 25,157,297 | |
| Value | | | - | | | | 1,635,861 | | | | - | | | | 1,635,861 | |
| Other | | | - | | | | 3,971,394 | | | | - | | | | 3,971,394 | |
| | | | | | | | | |
| | | $ | 61,416,841 | | | $ | 49,060,739 | | | $ | - | | | $ | 110,477,580 | |
| | | | | | | | | |
12
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
3. Fair Value Measurements (continued)
The fair value of common stocks (including Amgen stock), preferred stocks and mutual funds are valued using quoted market prices in active markets with no valuation adjustment. Common and preferred stocks traded in markets that are not considered active are valued using broker or dealer quotations.
Collective trust funds represent interests in pooled investment vehicles designed typically for collective investment of employee benefit trusts. The fair values of these investments are determined by reference to the net asset value per unit provided by the fund managers. The unit values are based on the fair values of the trusts’ underlying assets, which are principally equity and fixed income securities and short-term investments. The investment strategies of the Plan’s collective trust funds vary generally based on the investment objectives of the asset class of which they are a part. Such investment strategies include investments in fixed income securities and investments in equity securities for growth and value objectives as well as to replicate domestic and international market indexes and to invest in emerging markets. There are no material redemption restrictions on any of these investments.
4. Investments
The fair values of individual investments that represent 5% or more of the Plan’s net assets as of December 31, 2010 and 2009 are as follows:
| | | | | | | | | |
| | | December 31 | |
| | | 2010 | | | 2009 | |
| Blackrock Equity Index Fund F – Collective trust fund | | $ | 25,936,414 | | | $ | 19,383,462 | |
| Amgen stock | | | 24,251,842 | | | | 24,454,206 | |
| Wells Fargo Stable Return Fund G – Collective trust fund | | | 12,402,835 | | | | 10,284,540 | |
13
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
4. Investments (continued)
During the years ended December 31, 2010 and 2009, net realized and unrealized gains/(losses) on the Plan’s investments were as follows:
| | | | | | | | | |
| | | Year Ended December 31 | |
| | | 2010 | | | 2009 | |
| Amgen stock | | $ | (733,540 | ) | | $ | (402,123 | ) |
| Common and preferred stocks | | | 6,231,488 | | | | 6,945,129 | |
| Mutual funds | | | 1,738,071 | | | | 2,834,718 | |
| Collective trust funds | | | 6,811,252 | | | | 7,809,583 | |
| Other | | | 15,048 | | | | 1,636 | |
| | | | | | | |
| | | $ | 14,062,319 | | | $ | 17,188,943 | |
| | | | | | | |
5. Income Tax Status
The Plan received a determination letter from the Puerto Rico Treasury Department (PRTD), dated June 22, 2007 and with an effective date of January 1, 2006, stating that the Plan is qualified, in form, under the PR Code and, therefore, the related trust forming a part of the Plan is exempt from taxation. Subsequent to this determination by the PRTD, the Plan was amended. Subsequent amendments have been structured and are intended to maintain the Plan’s tax qualified status. Once qualified, the Plan is required to operate in conformity with the PR Code to maintain its qualification. The Company believes the Plan is currently being operated in compliance with the applicable requirements of the PR Code and, therefore, believes that the Plan is qualified and the related trust is tax exempt.
Accounting principles generally accepted in the United States require the Company to evaluate uncertain tax positions taken by the Plan. The financial statement effects of a tax position are recognized when the position is more likely than not, based on the technical merits, to be sustained upon examination. As of December 31, 2010, no uncertain tax positions have been taken or are expected to be taken, and no amounts related to uncertain tax positions have been recorded in the Plan’s financial statements. The Plan is subject to audits by the PRTD, however there are currently no audits for any periods in progress. The Company believes the Plan is no longer subject to PRTD examinations with respect to annual reports for years prior to 2006.
14
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
6. Services Provided by the Company
During 2010 and 2009, the Company has paid trustee fees and certain other administrative costs on behalf of the Plan.
7. Reconciliation of Financial Statements to Form 5500
The reconciliation of net assets available for benefits per the financial statements to Form 5500 as of December 31, 2010 and 2009 consisted of the following:
| | | | | | | | | |
| | | December 31 |
| | | 2010 | | 2009 |
| Net assets available for benefits per the financial statements | | $ | 151,990,059 | | | $ | 120,473,154 | |
| Adjustment from fair value to contract value for fully benefit-responsive investment contracts | | | 266,989 | | | | 16,333 | |
| Amounts allocated to withdrawing participants | | | (21,374 | ) | | | (16,711 | ) |
| Deemed loans | | | (96,970 | ) | | | (14,370 | ) |
| | | | | | | |
| Net assets per the Form 5500 | | $ | 152,138,704 | | | $ | 120,458,406 | |
| | | | | | | |
For the year ended December 31, 2010, the following is a reconciliation of the net investment income per the financial statements to the Form 5500:
| | | | | |
| | | Year Ended | |
| | | December 31 | |
| | | 2010 | |
| Interest and dividend income | | $ | 873,815 | |
| Net realized/unrealized gains | | | 14,062,319 | |
| | | | |
| Total net investment income per the financial statements | | | 14,936,134 | |
| Adjustment from fair value to contract value for interest in collective trust funds relating to fully benefit-responsive investment contracts: | | | | |
| Less prior year adjustment | | | (16,333 | ) |
| Add current year adjustment | | | 266,989 | |
| | | | |
| Total net investment income per the Form 5500 | | $ | 15,186,790 | |
| | | | |
15
The Retirement and Savings Plan for Amgen Manufacturing, Limited
Notes to Financial Statements (continued)
7. Reconciliation of Financial Statements to Form 5500 (continued)
For the year ended December 31, 2010, the following is a reconciliation of distributions to participants per the financial statements to the Form 5500:
| | | | | |
| | | Year Ended | |
| | | December 31 | |
| | | 2010 | |
| Total distributions per the financial statements | | $ | 2,816,617 | |
| Less prior year amounts allocated to withdrawing participants | | | (16,711 | ) |
| Add current year amounts allocated to withdrawing participants | | | 21,374 | |
| Less prior year deemed loan balance | | | (14,370 | ) |
| Add current year deemed loan balance | | | 96,970 | |
| | | | |
| Total distributions per the Form 5500 | | $ | 2,903,880 | |
| | | | |
16
Supplemental Schedule
The Retirement and Savings Plan for Amgen Manufacturing, Limited
EIN: 98-0210484 Plan: #001
December 31, 2010
Schedule H, line 4i – Schedule of Assets (Held at End of Year)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| Amgen stock* | | Employer Securities 441,746 shares | | | | | | $ | 24,251,842 | |
| | | | | | | | | | | |
| Capital Preservation Asset Class: | | | | | | | | | | |
| Wells Fargo Stable Return Fund G | | Common Collective Trust 253,745 units | | | 12,402,835 | | | | | |
| Northern Trust Collective Short Term Investment Fund* | | Common Collective Trust 795,149 units | | | 795,149 | | | | | |
| | | | | | | | | |
| Total Capital Preservation Asset Class | | | | | | | | | 13,197,984 | |
| | | | | | | | | | | |
| Emerging Markets Equity Asset Class: | | | | | | | | | | |
| JP Morgan Emerging Markets Equity Focus Fund | | Common Collective Trust 91,181 units | | | 5,010,421 | | | | | |
Northern Trust Collective MSCI Emerging Markets Fund -
Non-Lending* | | Common Collective Trust 2,572 units | | | 418,935 | | | | | |
| | | | | | | | | |
| Total Emerging Markets Equity Asset Class | | | | | | | | | 5,429,356 | |
| | | | | | | | | | | |
| Fixed Income Asset Class: | | | | | | | | | | |
| JP Morgan Core Bond Fund | | Common Collective Trust 456,261 units | | | 6,519,974 | | | | | |
Northern Trust Collective Aggregate Bond Index Fund -
Non-Lending* | | Common Collective Trust 5,909 units | | | 666,733 | | | | | |
| | | | | | | | | |
| Total Fixed Income Asset Class | | | | | | | | | 7,186,707 | |
| | | | | | | | | | | |
| High Yield Asset Class: | | | | | | | | | | |
| Northern Trust Collective Short Term Investment Fund* | | Common Collective Trust 255,075 units | | | 255,075 | | | | | |
| Blackrock High Yield Bond Fund* | | Mutual Fund 322,436 units | | | 2,473,085 | | | | | |
| | | | | | | | | |
| Total High Yield Asset Class | | | | | | | | | 2,728,160 | |
| | | | | | | | | | | |
| Inflation Protection Asset Class: | | | | | | | | | | |
| Vanguard Inflation Protected Fund | | Mutual Fund 21,493 units | | | 548,924 | | | | | |
| Northern Trust Collective TIPS Index Fund - Non-Lending* | | Common Collective Trust 443 units | | | 51,259 | | | | | |
| | | | | | | | | |
| Total Inflation Protection Asset Class | | | | | | | | | 600,183 | |
| | | | | | | | | | | |
| International Equity Value Asset Class: | | | | | | | | | | |
Northern Trust Collective EAFE Index Fund - Non-
Lending* | | Common Collective Trust 1,762 units | | | 372,865 | | | | | |
| Dodge & Cox International Fund | | Mutual Fund 183,499 units | | | 6,552,760 | | | | | |
| | | | | | | | | |
| Total International Equity Value Asset Class | | | | | | | | | 6,925,625 | |
| | | |
| International Growth Asset Class: | | | | | | | | | | |
Northern Trust Collective EAFE Index Fund - Non-
Lending* | | Common Collective Trust 3,867 units | | | 818,239 | | | | | |
| BHP Billiton PLC | | Common Stock 4,370 shares | | | 174,537 | | | | | |
| Rio Tinto | | Common Stock 2,205 shares | | | 154,886 | | | | | |
| British American Tobacco | | Common Stock 3,278 shares | | | 126,432 | | | | | |
| Novo-Nordisk AS DKK1 Series B | | Common Stock 1,020 shares | | | 115,499 | | | | | |
| Lanxess AG | | Common Stock 1,440 shares | | | 114,171 | | | | | |
17
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| Komatsu | | Common Stock 3,700 shares | | | 112,088 | | | | | |
| UBS AG | | Common Stock 6,493 shares | | | 106,928 | | | | | |
| CNOOC Ltd. | | Common Stock 44,000 shares | | | 104,373 | | | | | |
| Anheuser-Busch Inbev NV | | Common Stock 1,718 shares | | | 98,645 | | | | | |
| Swatch Group | | Common Stock 220 shares | | | 98,376 | | | | | |
| Scheider Electric | | Common Stock 650 shares | | | 97,665 | | | | | |
| Volvo AB Series B | | Common Stock 5,505 shares | | | 97,034 | | | | | |
| Hitachi | | Common Stock 17,000 shares | | | 90,759 | | | | | |
| Centrica | | Common Stock 17,420 shares | | | 90,439 | | | | | |
| Magna International Inc. | | Common Stock 1,720 shares | | | 89,440 | | | | | |
| Banpu Public Company | | Common Stock 3,000 shares | | | 78,819 | | | | | |
| Atlas Copco AB Series A | | Common Stock 3,120 shares | | | 78,756 | | | | | |
| Tata Motors Ltd. | | Common Stock 2,680 shares | | | 78,631 | | | | | |
| Fuji Heavy Industries | | Common Stock 10,000 shares | | | 77,677 | | | | | |
| Assa Abloy Series B | | Common Stock 2,755 shares | | | 77,656 | | | | | |
| Enbridge Inc. | | Common Stock 1,360 shares | | | 77,016 | | | | | |
| Fanuc Ltd. | | Common Stock 500 shares | | | 76,876 | | | | | |
| WPP PLC | | Common Stock 6,170 shares | | | 76,266 | | | | | |
| Swire Pacific | | Common Stock 4,500 shares | | | 73,981 | | | | | |
| Barrick Gold Corporation | | Common Stock 1,370 shares | | | 72,857 | | | | | |
| Ping An Insurance Group H | | Common Stock 6,500 shares | | | 72,662 | | | | | |
| Anglo American | | Common Stock 1,390 shares | | | 72,589 | | | | | |
| Hongkong Land Holding | | Common Stock 10,000 shares | | | 72,200 | | | | | |
| Exor Spa | | Common Stock 2,160 shares | | | 71,516 | | | | | |
| Arm Holdings | | Common Stock 10,790 shares | | | 71,510 | | | | | |
| Swedbank AB Series A | | Common Stock 5,110 shares | | | 71,297 | | | | | |
| DnB NOR ASA | | Common Stock 5,047 shares | | | 71,114 | | | | | |
| BASF SE | | Common Stock 874 shares | | | 69,999 | | | | | |
| Nestle SA | | Common Stock 1,190 shares | | | 69,899 | | | | | |
| SMC Corporation | | Common Stock 400 shares | | | 68,602 | | | | | |
| Isuzu Motors | | Common Stock 15,000 shares | | | 68,245 | | | | | |
| Iluka Resources | | Common Stock 7,260 shares | | | 68,019 | | | | | |
| Weir Group | | Common Stock 2,320 shares | | | 64,655 | | | | | |
| Stora Enso Oyj Series R | | Common Stock 6,250 shares | | | 64,436 | | | | | |
| Petrofac | | Common Stock 2,570 shares | | | 63,856 | | | | | |
| Royal Dutch Shell A | | Common Stock 1,880 shares | | | 62,372 | | | | | |
| Banco Bradesco SA | | Preferred Stock 3,079 shares | | | 60,560 | | | | | |
| China Construction Bank H | | Common Stock 67,000 shares | | | 60,073 | | | | | |
| Singapore Airlines | | Common Stock 5,000 shares | | | 59,717 | | | | | |
| Sampo Oyj Series A | | Common Stock 2,170 shares | | | 58,369 | | | | | |
| Arkema Eur10 | | Common Stock 800 shares | | | 57,815 | | | | | |
| Oriental Land Company Ltd. | | Common Stock 600 shares | | | 55,632 | | | | | |
| Credicorp Ltd. | | Common Stock 465 shares | | | 55,293 | | | | | |
| Lojas Renner SA | | Common Stock 1,600 shares | | | 54,361 | | | | | |
| Pacific Rubiales | | Common Stock 1,590 shares | | | 54,005 | | | | | |
18
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| Oz Minerals Ltd. | | Common Stock 29,210 shares | | | 51,500 | | | | | |
| Tele2 AB Series B | | Common Stock 2,460 shares | | | 51,082 | | | | | |
| ST Microelectronics | | Common Stock 4,600 shares | | | 47,758 | | | | | |
| Canadian National Railways | | Common Stock 712 shares | | | 47,543 | | | | | |
| Check Point Software Technologies | | Common Stock 1,010 shares | | | 46,723 | | | | | |
| DeNA Company Ltd. | | Common Stock 1,300 shares | | | 46,675 | | | | | |
| Yangzijiang Shipbu | | Common Stock 31,000 shares | | | 46,220 | | | | | |
| P.T. Astra International | | Common Stock 7,500 shares | | | 45,408 | | | | | |
| CP ALL PLC | | Common Stock 34,800 shares | | | 45,311 | | | | | |
| Sandvik AB | | Common Stock 2,295 shares | | | 44,754 | | | | | |
| Aggreko | | Common Stock 1,910 shares | | | 44,318 | | | | | |
| Wynn Macau Ltd. | | Common Stock 19,600 shares | | | 43,871 | | | | | |
| Wacker Chemie | | Common Stock 235 shares | | | 41,174 | | | | | |
| Northern Trust Collective Short Term Investment Fund* | | Common Collective Trust 39,518 units | | | 39,518 | | | | | |
| China Yurun Food Group Ltd. | | Common Stock 11,900 shares | | | 39,112 | | | | | |
| Unicharm Corporation | | Common Stock 900 shares | | | 35,842 | | | | | |
| HSBC Holdings | | Common Stock 3,480 shares | | | 35,475 | | | | | |
| Sanrio Company Ltd. | | Common Stock 1,500 shares | | | 35,195 | | | | | |
| Zeon Corporation | | Common Stock 4,000 shares | | | 33,537 | | | | | |
| Dassault Systems | | Common Stock 430 shares | | | 32,547 | | | | | |
| ICL-Israel Chemicals | | Common Stock 1,850 shares | | | 31,776 | | | | | |
| Sina Corporation | | Common Stock 460 shares | | | 31,657 | | | | | |
| Gran Tierra Energy | | Common Stock 3,100 shares | | | 25,239 | | | | | |
| United Laboratories | | Common Stock 12,000 shares | | | 24,637 | | | | | |
| Air China Ltd. H | | Common Stock 6,000 shares | | | 6,738 | | | | | |
| Cash | | Cash and Short Term Investments | | | 640 | | | | | |
| | | | | | | | | |
| Total International Growth Asset Class | | | | | | | | | 5,851,092 | |
| | | | | | | | | | | |
| Large Cap Growth Asset Class: | | | | | | | | | | |
| Northern Trust Collective Russell 1000 Growth Index Fund - Non-Lending* | | Common Collective Trust 7,763 units | | | 1,217,724 | | | | | |
| Apple Inc. | | Common Stock 1,228 shares | | | 886,395 | | | | | |
| Amazon.Com Inc. | | Common Stock 1,256 shares | | | 452,880 | | | | | |
| Google Inc. Class A | | Common Stock 313 shares | | | 447,259 | | | | | |
| Ford Motor Company | | Common Stock 11,991 shares | | | 333,970 | | | | | |
| Cummins Inc. | | Common Stock 1,987 shares | | | 333,000 | | | | | |
| Netapp Inc. | | Common Stock 3,600 shares | | | 328,111 | | | | | |
| Deere & Company | | Common Stock 2,203 shares | | | 315,009 | | | | | |
| Northern Trust Collective Short Term Investment Fund* | | Common Collective Trust 161,807 units | | | 300,586 | | | | | |
| American Express Company | | Common Stock 3,311 shares | | | 279,881 | | | | | |
| Cognizant Technology Solutions Corporation Class A | | Common Stock 3,126 shares | | | 276,743 | | | | | |
| Cisco Systems Inc. | | Common Stock 4,120 shares | | | 275,518 | | | | | |
| Precision Castparts Corporation | | Common Stock 1,204 shares | | | 274,801 | | | | | |
| priceline.com Inc. | | Common Stock 558 shares | | | 266,899 | | | | | |
19
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| F5 Networks Inc. | | Common Stock 1,719 shares | | | 245,872 | | | | | |
| Qualcomm Inc. | | Common Stock 2,628 shares | | | 242,897 | | | | | |
| Allergan Inc. | | Common Stock 1,866 shares | | | 238,010 | | | | | |
| Oracle Corporation | | Common Stock 4,610 shares | | | 236,628 | | | | | |
| VMware Inc. | | Common Stock 1,810 shares | | | 225,831 | | | | | |
| Salesforce.com Inc. | | Common Stock 1,689 shares | | | 222,948 | | | | | |
| Coca-Cola Company | | Common Stock 1,620 shares | | | 217,774 | | | | | |
| FMC Technologies Inc. | | Common Stock 2,367 shares | | | 210,450 | | | | | |
| National Oilwell Varco | | Common Stock 2,008 shares | | | 190,856 | | | | | |
| Schlumberger Ltd. | | Common Stock 1,320 shares | | | 188,710 | | | | | |
| Estee Lauder Companies Inc. Class A | | Common Stock 2,310 shares | | | 186,417 | | | | | |
| Jones Lang LaSalle Inc. | | Common Stock 2,076 shares | | | 174,218 | | | | | |
| Eaton Corporation | | Common Stock 1,681 shares | | | 170,638 | | | | | |
| General Motors Company | | Common Stock 4,520 shares | | | 166,607 | | | | | |
| EMC Corporation | | Common Stock 4,190 shares | | | 158,926 | | | | | |
| Perrigo Company | | Common Stock 2,497 shares | | | 158,135 | | | | | |
| Occidental Petroleum Corporation | | Common Stock 990 shares | | | 157,941 | | | | | |
| Dollar Tree Inc. | | Common Stock 2,581 shares | | | 144,742 | | | | | |
| American Tower Corporation Class A | | Common Stock 1,630 shares | | | 144,592 | | | | | |
| Chipotle Mexican Grill Inc. | | Common Stock 635 shares | | | 135,039 | | | | | |
| Netflix Inc. | | Common Stock 810 shares | | | 131,072 | | | | | |
| Broadcom Corporation Class A | | Common Stock 1,450 shares | | | 122,811 | | | | | |
| Halliburton Company | | Common Stock 2,860 shares | | | 116,774 | | | | | |
| Discovery Communications Inc. | | Common Stock 2,774 shares | | | 115,676 | | | | | |
| Costco Wholesale Corporation | | Common Stock 830 shares | | | 115,536 | | | | | |
| Agilent Technologies Inc. | | Common Stock 1,870 shares | | | 113,518 | | | | | |
| Red Hat Inc. | | Common Stock 2,479 shares | | | 113,166 | | | | | |
| Emerson Electric Company | | Common Stock 1,060 shares | | | 110,910 | | | | | |
| Microsoft Corporation | | Common Stock 3,900 shares | | | 108,888 | | | | | |
| Freeport-McMoRan Copper & Gold Inc. | | Common Stock 470 shares | | | 108,081 | | | | | |
| FedEx Corporation | | Common Stock 1,160 shares | | | 107,892 | | | | | |
| Varian Medical Systems Inc. | | Common Stock 960 shares | | | 103,920 | | | | | |
| McDonald’s Corporation | | Common Stock 670 shares | | | 102,091 | | | | | |
| Alexion Pharmaceuticals Inc. | | Common Stock 809 shares | | | 91,746 | | | | | |
| Marriott International Inc. | | Common Stock 2,170 shares | | | 90,142 | | | | | |
| T Rowe Price Group Inc. | | Common Stock 1,340 shares | | | 86,484 | | | | | |
| Hewlett-Packard Company | | Common Stock 2,050 shares | | | 86,305 | | | | | |
| Intuit Inc. | | Common Stock 1,200 shares | | | 86,275 | | | | | |
| Paccar Inc. | | Common Stock 1,480 shares | | | 84,982 | | | | | |
| Acme Packet Inc. | | Common Stock 1,574 shares | | | 83,674 | | | | | |
| Target Corporation | | Common Stock 1,370 shares | | | 82,378 | | | | | |
| Juniper Networks Inc. | | Common Stock 2,180 shares | | | 80,486 | | | | | |
| Check Point Software Technologies | | Common Stock 1,710 shares | | | 79,105 | | | | | |
| International Business Machines Corporation | | Common Stock 530 shares | | | 77,783 | | | | | |
| Flowserve Corporation | | Common Stock 650 shares | | | 77,493 | | | | | |
20
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| Mylan Inc. | | Common Stock 3,606 shares | | | 76,195 | | | | | |
| Celgene Corporation | | Common Stock 1,280 shares | | | 75,699 | | | | | |
| Walt Disney Company | | Common Stock 1,960 shares | | | 73,520 | | | | | |
| Cree Inc. | | Common Stock 1,105 shares | | | 72,808 | | | | | |
| EQT Corporation | | Common Stock 1,610 shares | | | 72,192 | | | | | |
| AmerisourceBergen Corporation | | Common Stock 2,110 shares | | | 71,993 | | | | | |
| Autodesk Inc. | | Common Stock 1,850 shares | | | 70,670 | | | | | |
| IntercontinentalExchange, Inc. | | Common Stock 590 shares | | | 70,299 | | | | | |
| Rovi Corporation | | Common Stock 1,130 shares | | | 70,071 | | | | | |
| Nike Inc. Class B | | Common Stock 810 shares | | | 69,190 | | | | | |
| Wells Fargo & Company | | Common Stock 2,230 shares | | | 69,108 | | | | | |
| Anheuser-Busch Inbev NV | | Common Stock 1,210 shares | | | 69,079 | | | | | |
| Philip Morris International Inc. | | Common Stock 1,160 shares | | | 67,895 | | | | | |
| KLA-Tencor Corporation | | Common Stock 1,720 shares | | | 66,461 | | | | | |
| Scripps Networks Interactive Inc. Class A | | Common Stock 1,280 shares | | | 66,240 | | | | | |
| International Paper Company | | Common Stock 2,430 shares | | | 66,193 | | | | | |
| Mosaic Company | | Common Stock 850 shares | | | 64,906 | | | | | |
| Intel Corporation | | Common Stock 3,080 shares | | | 64,772 | | | | | |
| Concho Resources Inc. | | Common Stock 730 shares | | | 63,999 | | | | | |
| Cliffs Natural Resources Inc. | | Common Stock 820 shares | | | 63,968 | | | | | |
| Praxair Inc. | | Common Stock 670 shares | | | 63,965 | | | | | |
| W.W. Grainger Inc. | | Common Stock 460 shares | | | 63,531 | | | | | |
| Peabody Energy Corporation | | Common Stock 990 shares | | | 63,340 | | | | | |
| Cardinal Health Inc. | | Common Stock 1,630 shares | | | 62,445 | | | | | |
| United Parcel Service Inc. | | Common Stock 860 shares | | | 62,419 | | | | | |
| MetLife Inc. | | Common Stock 1,400 shares | | | 62,216 | | | | | |
| PPG Industries Inc. | | Common Stock 740 shares | | | 62,212 | | | | | |
| Whole Foods Market Inc. | | Common Stock 1,220 shares | | | 61,720 | | | | | |
| Omnicom Group Inc. | | Common Stock 1,340 shares | | | 61,372 | | | | | |
| Abbott Laboratories | | Common Stock 1,280 shares | | | 61,325 | | | | | |
| Chevron Corporation | | Common Stock 670 shares | | | 61,138 | | | | | |
| Exxon Mobil Corporation | | Common Stock 830 shares | | | 60,690 | | | | | |
| E.I. du Pont de Nemours & Company | | Common Stock 1,210 shares | | | 60,355 | | | | | |
| Goodrich Corporation | | Common Stock 680 shares | | | 59,888 | | | | | |
| Joy Global Inc. | | Common Stock 690 shares | | | 59,858 | | | | | |
| Starbucks Corporation | | Common Stock 1,860 shares | | | 59,762 | | | | | |
| Family Dollar Stores Inc. | | Common Stock 1,200 shares | | | 59,652 | | | | | |
| Johnson Controls Inc. | | Common Stock 1,550 shares | | | 59,210 | | | | | |
| Activision Blizzard Inc. | | Common Stock 4,750 shares | | | 59,090 | | | | | |
| Teradata Corporation | | Common Stock 1,430 shares | | | 58,859 | | | �� | | |
| Dover Corporation | | Common Stock 1,000 shares | | | 58,450 | | | | | |
| Ametek Inc. | | Common Stock 1,485 shares | | | 58,286 | | | | | |
| Waters Corporation | | Common Stock 750 shares | | | 58,283 | | | | | |
| Mattel Inc. | | Common Stock 2,290 shares | | | 58,235 | | | | | |
| Lazard Ltd. Class A | | Common Stock 1,470 shares | | | 58,050 | | | | | |
21
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| Hersey Company | | Common Stock 1,230 shares | | | 57,995 | | | | | |
| eBay Inc. | | Common Stock 2,040 shares | | | 56,773 | | | | | |
| Rockwell Automation | | Common Stock 790 shares | | | 56,651 | | | | | |
| Aflac Inc. | | Common Stock 1,000 shares | | | 56,430 | | | | | |
| DIRECTV Class A | | Common Stock 1,390 shares | | | 55,503 | | | | | |
| Wal-Mart Stores Inc. | | Common Stock 1,020 shares | | | 55,009 | | | | | |
| TJX Companies Inc. | | Common Stock 1,220 shares | | | 54,156 | | | | | |
| Colgate-Palmolive Company | | Common Stock 660 shares | | | 53,044 | | | | | |
| Cooper Industries PLC | | Common Stock 910 shares | | | 53,044 | | | | | |
| Visa Inc. Class A | | Common Stock 750 shares | | | 52,785 | | | | | |
| Kohl’s Corporation | | Common Stock 970 shares | | | 52,710 | | | | | |
| McKesson Corporation | | Common Stock 740 shares | | | 52,081 | | | | | |
| Coach Inc. | | Common Stock 940 shares | | | 51,991 | | | | | |
| Marvell Technology Group | | Common Stock 2,800 shares | | | 51,940 | | | | | |
| Goldcorp Inc. | | Common Stock 1,110 shares | | | 51,038 | | | | | |
| Expeditors International of Washington Inc. | | Common Stock 910 shares | | | 49,686 | | | | | |
| Eli Lilly & Company | | Common Stock 1,400 shares | | | 49,056 | | | | | |
| Xerox Corporation | | Common Stock 4,160 shares | | | 47,923 | | | | | |
| Hospira Inc. | | Common Stock 850 shares | | | 47,337 | | | | | |
| Norfolk Southern Corporation | | Common Stock 740 shares | | | 46,487 | | | | | |
| TRW Automotive Holdings Corporation | | Common Stock 880 shares | | | 46,376 | | | | | |
| Express Scripts Inc. | | Common Stock 850 shares | | | 45,943 | | | | | |
| FMC Corporation | | Common Stock 570 shares | | | 45,537 | | | | | |
| Franklin Resources Inc. | | Common Stock 400 shares | | | 44,484 | | | | | |
| Shire PLC | | Common Stock 610 shares | | | 44,152 | | | | | |
| H. J. Heinz | | Common Stock 880 shares | | | 43,525 | | | | | |
| Tiffany & Company | | Common Stock 680 shares | | | 42,344 | | | | | |
| CSX Corporation | | Common Stock 640 shares | | | 41,350 | | | | | |
| Limited Brands | | Common Stock 1,320 shares | | | 40,564 | | | | | |
| Walter Energy Inc. | | Common Stock 310 shares | | | 39,630 | | | | | |
| Teva Pharmaceuticals Industries Ltd. | | Common Stock 760 shares | | | 39,619 | | | | | |
| Noble Energy Inc. | | Common Stock 410 shares | | | 35,293 | | | | | |
| United Continental Holdings Inc. | | Common Stock 1,420 shares | | | 33,824 | | | | | |
| Blackrock Inc.* | | Common Stock 150 shares | | | 28,587 | | | | | |
| Resmed Inc. | | Common Stock 800 shares | | | 27,712 | | | | | |
| Church & Dwight Inc. | | Common Stock 400 shares | | | 27,608 | | | | | |
| Bed Bath & Beyond Inc. | | Common Stock 520 shares | | | 25,558 | | | | | |
| Charles Schwab Corporation | | Common Stock 810 shares | | | 13,859 | | | | | |
| | | | | | | | | |
| Total Large Cap Growth Asset Class | | | | | | | | | 16,900,402 | |
| | | | | | | | | | | |
| Large Cap Index Asset Class: | | | | | | | | | | |
| Blackrock Equity Index Fund F* | | Common Collective Trust 1,284,617 units | | | 25,936,414 | | | | | |
| Northern Trust Collective S&P 500 Equity Index Fund* | | Common Collective Trust 629 units | | | 2,335,011 | | | | | |
| | | | | | | | | |
| Total Large Cap Index Asset Class | | | | | | | | | 28,271,425 | |
22
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| Large Cap Value Asset Class: | | | | | | | | | | |
| Northern Trust Collective Russell 1000 Value Index Fund - Non-Lending * | | Common Collective Trust 1,778 units | | | 281,671 | | | | | |
| JP Morgan Chase & Company | | Common Stock 2,112 shares | | | 89,590 | | | | | |
| General Electric Company | | Common Stock 4,877 shares | | | 89,199 | | | | | |
| Northern Trust Collective Short Term Investment Fund* | | Common Collective Trust 87,285 units | | | 87,285 | | | | | |
| Exxon Mobil Corporation | | Common Stock 1,137 shares | | | 83,136 | | | | | |
| Schlumberger Ltd. | | Common Stock 876 shares | | | 73,145 | | | | | |
| Oracle Corporation | | Common Stock 2,216 shares | | | 69,361 | | | | | |
| Wells Fargo & Company | | Common Stock 2,159 shares | | | 66,907 | | | | | |
| Bank of America Corporation* | | Common Stock 4,840 shares | | | 64,566 | | | | | |
| Comcast Corporation Class A | | Common Stock 2,913 shares | | | 63,999 | | | | | |
| Hess Corporation | | Common Stock 805 shares | | | 61,615 | | | | | |
| El Paso Corporation | | Common Stock 4,216 shares | | | 58,012 | | | | | |
| AT&T Inc. | | Common Stock 1,950 shares | | | 57,291 | | | | | |
| Total SA | | Common Stock 1,065 shares | | | 56,956 | | | | | |
| Ameriprise Financial Inc. | | Common Stock 989 shares | | | 56,917 | | | | | |
| PNC Financial Services Group | | Common Stock 925 shares | | | 56,166 | | | | | |
| Covidien PLC | | Common Stock 1,213 shares | | | 55,386 | | | | | |
| Northrop Grumman Corporation | | Common Stock 854 shares | | | 55,322 | | | | | |
| State Street Corporation | | Common Stock 1,174 shares | | | 54,403 | | | | | |
| Citigroup Inc. | | Common Stock 11,396 shares | | | 53,903 | | | | | |
| PepsiCo Inc. | | Common Stock 796 shares | | | 52,003 | | | | | |
| Vodafone Group PLC | | Common Stock 1,953 shares | | | 51,618 | | | | | |
| Air Products & Chemical Inc. | | Common Stock 560 shares | | | 50,932 | | | | | |
| Chevron Corporation | | Common Stock 556 shares | | | 50,735 | | | | | |
| Siemens AG | | Common Stock 408 shares | | | 50,694 | | | | | |
| Merck & Company Inc. | | Common Stock 1,370 shares | | | 49,375 | | | | | |
| Pfizer Inc. | | Common Stock 2,762 shares | | | 48,363 | | | | | |
| Legg Mason Inc. | | Common Stock 1,330 shares | | | 48,239 | | | | | |
| Applied Materials Inc. | | Common Stock 3,432 shares | | | 48,220 | | | | | |
| UnitedHealth Group Inc. | | Common Stock 1,334 shares | | | 48,171 | | | | | |
| Medtronic Inc. | | Common Stock 1,266 shares | | | 46,956 | | | | | |
| Sanofi-Aventis | | Common Stock 1,423 shares | | | 45,863 | | | | | |
| CenturyTel Inc. | | Common Stock 974 shares | | | 44,970 | | | | | |
| CVS Caremark Corporation | | Common Stock 1,265 shares | | | 43,984 | | | | | |
| Coca-Cola Enterprises Inc. | | Common Stock 1,752 shares | | | 43,853 | | | | | |
| Honeywell International Inc. | | Common Stock 821 shares | | | 43,644 | | | | | |
| Consol Energy Inc. | | Common Stock 891 shares | | | 43,427 | | | | | |
| Discover Financial Services | | Common Stock 2,304 shares | | | 42,693 | | | | | |
| Cisco Systems Inc. | | Common Stock 2,089 shares | | | 42,260 | | | | | |
| Travelers Companies Inc. | | Common Stock 738 shares | | | 41,114 | | | | | |
| Procter & Gamble Company | | Common Stock 639 shares | | | 41,107 | | | | | |
| Weyerhaeuser Company | | Common Stock 2,158 shares | | | 40,851 | | | | | |
| US Bancorp | | Common Stock 1,513 shares | | | 40,806 | | | | | |
23
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| Bristol-Myers Squibb Company | | Common Stock 1,521 shares | | | 40,276 | | | | | |
| eBay Inc. | | Common Stock 1,446 shares | | | 40,242 | | | | | |
| Bank of New York Mellon Corporation | | Common Stock 1,331 shares | | | 40,196 | | | | | |
| MetLife Inc. | | Common Stock 860 shares | | | 38,218 | | | | | |
| Norfolk Southern Corporation | | Common Stock 602 shares | | | 37,818 | | | | | |
| Johnson Controls Inc. | | Common Stock 989 shares | | | 37,780 | | | | | |
| Owens-Illinois Inc. | | Common Stock 1,230 shares | | | 37,761 | | | | | |
| Lowe’s Companies Inc. | | Common Stock 1,479 shares | | | 37,093 | | | | | |
| Unum Group | | Common Stock 1,525 shares | | | 36,936 | | | | | |
| PPL Corporation | | Common Stock 1,400 shares | | | 36,848 | | | | | |
| Kellogg Company | | Common Stock 720 shares | | | 36,778 | | | | | |
| Calpine Corporation | | Common Stock 2,749 shares | | | 36,672 | | | | | |
| Fifth Third Bancorp | | Common Stock 2,497 shares | | | 36,656 | | | | | |
| Public Service Enterprise Group Inc. | | Common Stock 1,142 shares | | | 36,327 | | | | | |
| Conagra Foods Inc. | | Common Stock 1,571 shares | | | 35,473 | | | | | |
| Omnicom Group Inc. | | Common Stock 750 shares | | | 34,350 | | | | | |
| CBS Corporation Class B | | Common Stock 1,782 shares | | | 33,947 | | | | | |
| Viacom Inc. Class B | | Common Stock 828 shares | | | 32,797 | | | | | |
| Stanley Black & Decker Inc. | | Common Stock 489 shares | | | 32,699 | | | | | |
| Gap Inc. | | Common Stock 1,455 shares | | | 32,214 | | | | | |
| Harman International Industries Inc. | | Common Stock 676 shares | | | 31,299 | | | | | |
| Estee Lauder Companies Inc. Class A | | Common Stock 380 shares | | | 30,666 | | | | | |
| Foster Wheeler Ltd. | | Common Stock 828 shares | | | 28,583 | | | | | |
| ABB Ltd. | | Common Stock 1,259 shares | | | 28,265 | | | | | |
| AOL Inc. | | Common Stock 1,112 shares | | | 26,366 | | | | | |
| Alere Inc. | | Common Stock 710 shares | | | 25,986 | | | | | |
| DIRECTV Class A | | Common Stock 647 shares | | | 25,835 | | | | | |
| Hewlett-Packard Company | | Common Stock 567 shares | | | 23,871 | | | | | |
| General Motors Company | | Common Stock 600 shares | | | 22,116 | | | | | |
| Vulcan Materials Company | | Common Stock 491 shares | | | 21,781 | | | | | |
| Goodyear Tire & Rubber Company | | Common Stock 1,538 shares | | | 18,225 | | | | | |
| | | | | | | | | |
| Total Large Cap Value Asset Class | | | | | | | | | 3,608,782 | |
| | | | | | | | | | | |
| Real Estate Investment Trust (REIT) Asset Class: | | | | | | | | | | |
| Vanguard Specialized Portfolios REIT Index Fund Institutional Class | | Mutual Fund 269,131 units | | | 3,267,250 | | | | | |
| Northern Trust Collective Short Term Investment Fund* | | Common Collective Trust 319,258 units | | | 319,258 | | | | | |
| | | | | | | | | |
| Total Real Estate Investment Trust (REIT) Asset Class | | | | | | | | | 3,586,508 | |
| | | | | | | | | | | |
| Participant Self-Directed Accounts | | Various investments | | | | | | | 343,194 | |
| | | | | | | | | | | |
| Small-Mid Cap Growth Asset Class: | | | | | | | | | | |
| Northern Trust Collective Russell 2000 Growth Index Fund - Non-Lending* | | Common Collective Trust 618 units | | | 93,814 | | | | | |
| Skyworks Solutions Inc. | | Common Stock 2,159 shares | | | 61,812 | | | | | |
24
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| Roper Industries Inc. | | Common Stock 529 shares | | | 40,431 | | | | | |
| Riverbed Technology Inc. | | Common Stock 1,002 shares | | | 35,240 | | | | | |
| Rovi Corporation | | Common Stock 491 shares | | | 30,447 | | | | | |
| Reald Inc. | | Common Stock 1,136 shares | | | 29,445 | | | | | |
| Green Mountain Coffee Roasters | | Common Stock 870 shares | | | 28,588 | | | | | |
| Affiliated Managers Group Inc. | | Common Stock 285 shares | | | 28,278 | | | | | |
| Ametek Inc. | | Common Stock 719 shares | | | 28,201 | | | | | |
| United Natural Foods Inc. | | Common Stock 738 shares | | | 27,070 | | | | | |
| Entropic Communications Inc. | | Common Stock 2,040 shares | | | 24,643 | | | | | |
| Portfolio Recovery Associates Inc. | | Common Stock 326 shares | | | 24,515 | | | | | |
| Shutterfly Inc. | | Common Stock 694 shares | | | 24,311 | | | | | |
| Under Armor Inc. | | Common Stock 427 shares | | | 23,417 | | | | | |
| Rowan Companies Inc. | | Common Stock 647 shares | | | 22,587 | | | | | |
| Acme Packet Inc. | | Common Stock 408 shares | | | 21,689 | | | | | |
| Transdigm Group Inc. | | Common Stock 299 shares | | | 21,531 | | | | | |
| SBA Communications Corporation Class A | | Common Stock 509 shares | | | 20,838 | | | | | |
| Ultimate Software Group Inc. | | Common Stock 407 shares | | | 19,792 | | | | | |
| Cooper Companies Inc. | | Common Stock 347 shares | | | 19,550 | | | | | |
| LogMeIn Inc. | | Common Stock 440 shares | | | 19,510 | | | | | |
| Cargo Ceramics Inc. | | Common Stock 186 shares | | | 19,258 | | | | | |
| MSCI Inc. Class A | | Common Stock 492 shares | | | 19,168 | | | | | |
| Martin Marietta Materials Inc. | | Common Stock 202 shares | | | 18,632 | | | | | |
| Sothebys Holdings Inc. Class A | | Common Stock 405 shares | | | 18,225 | | | | | |
| Finisar Corporation | | Common Stock 606 shares | | | 17,992 | | | | | |
| IPC The Hospitalist Company Inc. | | Common Stock 450 shares | | | 17,555 | | | | | |
| Aruba Networks Inc. | | Common Stock 840 shares | | | 17,539 | | | | | |
| Vitamin Shoppe Inc. | | Common Stock 515 shares | | | 17,325 | | | | | |
| GSI Commerce Inc. | | Common Stock 727 shares | | | 16,866 | | | | | |
| Cavium Networks Inc. | | Common Stock 437 shares | | | 16,466 | | | | | |
| Monster Worldwide Inc. | | Common Stock 685 shares | | | 16,187 | | | | | |
| Atmel Corporation | | Common Stock 1,313 shares | | | 16,176 | | | | | |
| Chipotle Mexican Grill Inc. | | Common Stock 76 shares | | | 16,162 | | | | | |
| Robbins & Myers Inc. | | Common Stock 446 shares | | | 15,958 | | | | | |
| Wesco International Inc. | | Common Stock 296 shares | | | 15,629 | | | | | |
| HMS Holdings Corporation | | Common Stock 240 shares | | | 15,545 | | | | | |
| Gartner Inc. | | Common Stock 468 shares | | | 15,538 | | | | | |
| Verifone Systems Inc. | | Common Stock 390 shares | | | 15,038 | | | | | |
| Brigham Exploration Company | | Common Stock 548 shares | | | 14,928 | | | | | |
| SXC Health Solutions Corporation | | Common Stock 344 shares | | | 14,744 | | | | | |
| BE Aerospace Inc. | | Common Stock 384 shares | | | 14,220 | | | | | |
| Esco Technologies Inc. | | Common Stock 375 shares | | | 14,190 | | | | | |
| Zoll Medical Corporation | | Common Stock 373 shares | | | 13,887 | | | | | |
| Lufkin Industries Inc. | | Common Stock 220 shares | | | 13,726 | | | | | |
| CB Richard Ellis Group Inc. Class A | | Common Stock 669 shares | | | 13,701 | | | | | |
| Air Methods Corporation | | Common Stock 242 shares | | | 13,617 | | | | | |
25
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| Home Inns & Hotels Management Inc. | | Common Stock 331 shares | | | 13,558 | | | | | |
| Netlogic Microsystems Inc. | | Common Stock 431 shares | | | 13,538 | | | | | |
| Lululemon Athletica Inc. | | Common Stock 190 shares | | | 13,000 | | | | | |
| Acuity Brands Inc | | Common Stock 223 shares | | | 12,860 | | | | | |
| Fossil Inc. | | Common Stock 179 shares | | | 12,616 | | | | | |
| Forest Oil Corporation | | Common Stock 326 shares | | | 12,378 | | | | | |
| OpenTable Inc. | | Common Stock 173 shares | | | 12,193 | | | | | |
| Andigics Inc. | | Common Stock 1,754 shares | | | 12,155 | | | | | |
| Graftech International Ltd. | | Common Stock 612 shares | | | 12,142 | | | | | |
| AthenaHealth Inc. | | Common Stock 292 shares | | | 11,966 | | | | | |
| Cinemark Holdings Inc. | | Common Stock 684 shares | | | 11,792 | | | | | |
| Albemarle Corporation | | Common Stock 210 shares | | | 11,714 | | | | | |
| Netsuite Inc. | | Common Stock 463 shares | | | 11,575 | | | | | |
| Emulex Corporation | | Common Stock 943 shares | | | 10,995 | | | | | |
| Northern Oil & Gas Inc. | | Common Stock 401 shares | | | 10,911 | | | | | |
| Ulta Salon Cometics & Fragrance Inc | | Common Stock 319 shares | | | 10,846 | | | | | |
| Northern Trust Collective Short Term Investment Fund* | | Common Collective Trust 10,789 units | | | 10,791 | | | | | |
| VanceInfo Technologies Inc. | | Common Stock 310 shares | | | 10,707 | | | | | |
| Oasis Petroleum Inc. | | Common Stock 387 shares | | | 10,495 | | | | | |
| Higher One Holdings Inc. | | Common Stock 515 shares | | | 10,418 | | | | | |
| Hub Group Inc. Class A | | Common Stock 296 shares | | | 10,401 | | | | | |
| Tenneco Inc. | | Common Stock 252 shares | | | 10,372 | | | | | |
| Astec Industries Inc. | | Common Stock 319 shares | | | 10,339 | | | | | |
| Synchronoss Technologies Inc. | | Common Stock 384 shares | | | 10,257 | | | | | |
| SuccessFactors Inc. | | Common Stock 351 shares | | | 10,165 | | | | | |
| Triumph Group Inc. | | Common Stock 109 shares | | | 9,746 | | | | | |
| WebMD Health Corporation | | Common Stock 188 shares | | | 9,599 | | | | | |
| Polypore International Inc. | | Common Stock 235 shares | | | 9,572 | | | | | |
| Steven Madden Ltd. | | Common Stock 228 shares | | | 9,512 | | | | | |
| Hibbett Sports Inc. | | Common Stock 253 shares | | | 9,336 | | | | | |
| Constant Contact Inc. | | Common Stock 301 shares | | | 9,328 | | | | | |
| Perkinelmer Inc. | | Common Stock 350 shares | | | 9,037 | | | | | |
| MICROS Systems Inc. | | Common Stock 204 shares | | | 8,947 | | | | | |
| NxStage Medical Inc. | | Common Stock 350 shares | | | 8,708 | | | | | |
| Heico Corporation | | Common Stock 170 shares | | | 8,675 | | | | | |
| Igate Corporation | | Common Stock 412 shares | | | 8,121 | | | | | |
| American Superconductor Corporation | | Common Stock 278 shares | | | 7,948 | | | | | |
| Blackboard Inc. | | Common Stock 184 shares | | | 7,599 | | | | | |
| IDEX Corporation | | Common Stock 179 shares | | | 7,002 | | | | | |
| Triquint Semiconductor Inc. | | Common Stock 597 shares | | | 6,979 | | | | | |
| Fresh Market Inc. | | Common Stock 166 shares | | | 6,839 | | | | | |
| 51job Inc. | | Common Stock 138 shares | | | 6,797 | | | | | |
| Nu Skin Enterprises Inc. Class A | | Common Stock 202 shares | | | 6,113 | | | | | |
| Advisory Board Company | | Common Stock 119 shares | | | 5,668 | | | | | |
| | | | | | | | | |
| Total Small-Mid Cap Growth Asset Class | | | | | | | | | 1,507,691 | |
26
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| Small-Mid Cap Value Asset Class: | | | | | | | | | | |
| Northern Trust Collective Russell 2000 Value Index Fund - Non-Lending* | | Common Collective Trust 9,187 units | | | 1,383,843 | | | | | |
| Northern Trust Collective Short Term Investment Fund* | | Common Collective Trust 597,742 units | | | 597,740 | | | | | |
| Griffon Corporation | | Common Stock 14,600 shares | | | 186,003 | | | | | |
| CA Inc. | | Common Stock 7,600 shares | | | 185,743 | | | | | |
| Valassis Communications Inc. | | Common Stock 5,600 shares | | | 181,159 | | | | | |
| Elizabeth Arden Inc. | | Common Stock 7,850 shares | | | 180,628 | | | | | |
| Bob Evans Farms Inc. | | Common Stock 5,450 shares | | | 179,632 | | | | | |
| Globe Specialty Metals Inc. | | Common Stock 6,500 shares | | | 175,685 | | | | | |
| Con-Way Inc. | | Common Stock 4,300 shares | | | 157,251 | | | | | |
| Gap Inc. | | Common Stock 6,900 shares | | | 152,766 | | | | | |
| Graftech International Ltd. | | Common Stock 6,750 shares | | | 151,776 | | | | | |
| Arrow Electronics Inc. | | Common Stock 4,250 shares | | | 145,563 | | | | | |
| Celanese Corporation Series A | | Common Stock 3,500 shares | | | 144,095 | | | | | |
| Teradyne Inc. | | Common Stock 10,050 shares | | | 141,102 | | | | | |
| Avnet Inc. | | Common Stock 4,250 shares | | | 140,378 | | | | | |
| The Jones Group Inc. | | Common Stock 6,300 shares | | | 139,549 | | | | | |
| MI Developments Inc. | | Common Stock 4,900 shares | | | 132,790 | | | | | |
| MDC Partners Inc. Class A | | Common Stock 7,590 shares | | | 131,079 | | | | | |
| Coherent Inc. | | Common Stock 2,900 shares | | | 130,906 | | | | | |
| Hormel Foods Corporation | | Common Stock 2,550 shares | | | 130,713 | | | | | |
| Portland General Electric Company | | Common Stock 4,000 shares | | | 126,077 | | | | | |
| Geo Group Inc. | | Common Stock 5,000 shares | | | 123,300 | | | | | |
| Valeant Pharmaceuticals International Inc. | | Common Stock 4,350 shares | | | 123,062 | | | | | |
| Brocade Communications Systems Inc. | | Common Stock 23,250 shares | | | 122,993 | | | | | |
| Kinetic Concepts Inc. | | Common Stock 2,900 shares | | | 121,452 | | | | | |
| Circor International Inc. | | Common Stock 2,850 shares | | | 120,498 | | | | | |
| XL Group PLC | | Common Stock 5,500 shares | | | 120,010 | | | | | |
| Edison International | | Common Stock 3,100 shares | | | 119,660 | | | | | |
| Northgate Minerals Corporation | | Common Stock 36,000 shares | | | 115,200 | | | | | |
| Safeway Inc. | | Common Stock 5,100 shares | | | 114,699 | | | | | |
| Belden Inc. | | Common Stock 3,100 shares | | | 114,142 | | | | | |
| Cobalt International Energy Inc. | | Common Stock 9,300 shares | | | 113,553 | | | | | |
| Meadowbrook Insurance Group Inc. | | Common Stock 11,020 shares | | | 112,955 | | | | | |
| Forestar Group Inc. | | Common Stock 5,700 shares | | | 110,010 | | | | | |
| Tyco Electronics Ltd. | | Common Stock 3,100 shares | | | 109,740 | | | | | |
| Stancorp Financial Group Inc. | | Common Stock 2,350 shares | | | 106,079 | | | | | |
| Denbury Resources Inc. | | Common Stock 5,450 shares | | | 104,041 | | | | | |
| Manpower Inc. | | Common Stock 1,600 shares | | | 100,416 | | | | | |
| Chiquita Brands International Inc. | | Common Stock 7,120 shares | | | 99,822 | | | | | |
| Western Alliance Bancorporation | | Common Stock 13,450 shares | | | 98,992 | | | | | |
| Great Plains Energy Inc. | | Common Stock 5,100 shares | | | 98,889 | | | | | |
| Acergy SA | | Common Stock 4,000 shares | | | 97,360 | | | | | |
27
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| SM Energy Company | | Common Stock 1,650 shares | | | 97,235 | | | | | |
| RehabCare Group Inc. | | Common Stock 4,080 shares | | | 96,696 | | | | | |
| Regions Financial Corporation | | Common Stock 13,800 shares | | | 96,600 | | | | | |
| Keycorp | | Common Stock 10,800 shares | | | 95,580 | | | | | |
| People’s United Financial Inc. | | Common Stock 6,800 shares | | | 95,268 | | | | | |
| Reliance Steel & Aluminum Company | | Common Stock 1,800 shares | | | 91,980 | | | | | |
| Reinsurance Group of America Inc. | | Common Stock 1,700 shares | | | 91,307 | | | | | |
| Discover Financial Services | | Common Stock 4,900 shares | | | 90,797 | | | | | |
| Texas Capital Bancshares Inc. | | Common Stock 4,250 shares | | | 90,398 | | | | | |
| CNO Financial Group Inc. | | Common Stock 13,300 shares | | | 90,174 | | | | | |
| NXP Semiconductors | | Common Stock 4,300 shares | | | 89,999 | | | | | |
| Temple-Inland Inc. | | Common Stock 4,200 shares | | | 89,208 | | | | | |
| Super Valu Inc. | | Common Stock 9,200 shares | | | 88,596 | | | | | |
| Treehouse Foods Inc. | | Common Stock 1,725 shares | | | 88,130 | | | | | |
| Rent-A-Center Inc. | | Common Stock 2,700 shares | | | 87,156 | | | | | |
| Gardner Denver Inc. | | Common Stock 1,250 shares | | | 86,025 | | | | | |
| Scorpio Tankers Inc. | | Common Stock 8,490 shares | | | 85,834 | | | | | |
| Sun Trust Banks Inc. | | Common Stock 2,900 shares | | | 85,579 | | | | | |
| Genworth Financial Inc. Class A | | Common Stock 6,500 shares | | | 85,410 | | | | | |
| FTI Consulting Inc. | | Common Stock 2,230 shares | | | 83,134 | | | | | |
| Aurizon Mines Ltd. | | Common Stock 11,100 shares | | | 81,252 | | | | | |
| King Pharmaceuticals Inc. | | Common Stock 5,700 shares | | | 80,085 | | | | | |
| PHH Corporation | | Common Stock 3,400 shares | | | 78,710 | | | | | |
| Stone Energy Corporation | | Common Stock 3,500 shares | | | 78,015 | | | | | |
| ON Semiconductor Corporation | | Common Stock 7,800 shares | | | 77,064 | | | | | |
| Inverness Medical Innovations Inc. | | Common Stock 2,060 shares | | | 75,396 | | | | | |
| Aegean Marine Petroleum Network Inc. | | Common Stock 7,170 shares | | | 74,783 | | | | | |
| J.C. Penney Company Inc. | | Common Stock 2,300 shares | | | 74,313 | | | | | |
| Allied World Assurance Company Holdings | | Common Stock 1,250 shares | | | 74,300 | | | | | |
| Fifth Third Bancorp | | Common Stock 5,000 shares | | | 73,400 | | | | | |
| Northwest Bancshares Inc. | | Common Stock 6,100 shares | | | 71,736 | | | | | |
| Harsco Corporation | | Common Stock 2,400 shares | | | 67,968 | | | | | |
| Cathay General Bancorp Inc. | | Common Stock 4,000 shares | | | 66,800 | | | | | |
| Goodyear Tire & Rubber Company | | Common Stock 5,600 shares | | | 66,360 | | | | | |
| Arris Group Inc. | | Common Stock 5,900 shares | | | 66,198 | | | | | |
| Orbital Sciences Corporation | | Common Stock 3,800 shares | | | 65,094 | | | | | |
| Intrepid Potash Inc. | | Common Stock 1,700 shares | | | 63,393 | | | | | |
| Hanover Insurance Group Inc. | | Common Stock 1,350 shares | | | 63,072 | | | | | |
| ICU Medical Inc. | | Common Stock 1,710 shares | | | 62,415 | | | | | |
| Digital River Inc. | | Common Stock 1,790 shares | | | 61,612 | | | | | |
| Del Monte Foods Company | | Common Stock 3,270 shares | | | 61,476 | | | | | |
| Wausau Paper Corporation | | Common Stock 7,100 shares | | | 61,131 | | | | | |
| Hartford Financial Services Group Inc. | | Common Stock 2,300 shares | | | 60,927 | | | | | |
| Aspen Insurance Holdings | | Common Stock 2,050 shares | | | 58,671 | | | | | |
| Embraer SA | | Common Stock 1,900 shares | | | 55,860 | | | | | |
28
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| Wesco International Inc. | | Common Stock 1,050 shares | | | 55,440 | | | | | |
| Allstate Corporation | | Common Stock 1,700 shares | | | 54,196 | | | | | |
| Delphi Financial Group Inc. Class A | | Common Stock 1,870 shares | | | 53,931 | | | | | |
| Wabash National Corporation | | Common Stock 4,470 shares | | | 52,970 | | | | | |
| Digi International Inc. | | Common Stock 4,700 shares | | | 52,170 | | | | | |
| Royal Gold Inc. | | Common Stock 950 shares | | | 51,899 | | | | | |
| Swift Transportation Company Class A | | Common Stock 4,130 shares | | | 51,666 | | | | | |
| Libbey Inc. | | Common Stock 3,330 shares | | | 51,515 | | | | | |
| Assisted Living Concepts Inc. Class A | | Common Stock 1,570 shares | | | 51,072 | | | | | |
| FBR Capital Markets Corporation | | Common Stock 13,360 shares | | | 51,035 | | | | | |
| Middleby Corporation | | Common Stock 600 shares | | | 50,652 | | | | | |
| Aeroflex Holding Corporation | | Common Stock 3,030 shares | | | 49,844 | | | | | |
| Tutor Perini Corporation | | Common Stock 2,230 shares | | | 47,744 | | | | | |
| Boston Private Financial Holdings Inc. | | Common Stock 7,200 shares | | | 47,160 | | | | | |
| Capital One Financial Corporation | | Common Stock 1,100 shares | | | 46,816 | | | | | |
| Timken Company | | Common Stock 950 shares | | | 45,344 | | | | | |
| CDC Software Corporation | | Common Stock 7,130 shares | | | 44,776 | | | | | |
| Assurant Inc. | | Common Stock 1,150 shares | | | 44,298 | | | | | |
| Radian Group Inc. | | Common Stock 5,320 shares | | | 42,932 | | | | | |
| Validus Holding Ltd. | | Common Stock 1,400 shares | | | 42,854 | | | | | |
| Petroquest Energy Inc. | | Common Stock 5,650 shares | | | 42,545 | | | | | |
| Hackett Group Inc. | | Common Stock 12,000 shares | | | 42,120 | | | | | |
| Viewpoint Financial Group Inc. | | Common Stock 3,588 shares | | | 41,944 | | | | | |
| Highwoods Properties Inc. | | Common Stock 1,300 shares | | | 41,405 | | | | | |
| Lorillard Inc. | | Common Stock 500 shares | | | 41,030 | | | | | |
| Teleflex Inc. | | Common Stock 760 shares | | | 40,896 | | | | | |
| Accuray Inc. | | Common Stock 6,030 shares | | | 40,703 | | | | | |
| Penske Automotive Group Inc. | | Common Stock 2,290 shares | | | 39,892 | | | | | |
| WSFS Financial Corporation | | Common Stock 830 shares | | | 39,375 | | | | | |
| National Penn Bancshares Inc. | | Common Stock 4,890 shares | | | 39,267 | | | | | |
| Airtran Holdings Inc. | | Common Stock 5,310 shares | | | 39,241 | | | | | |
| Nelnet Inc. Class A | | Common Stock 1,650 shares | | | 39,089 | | | | | |
| SCBT Financial Corporation | | Common Stock 1,180 shares | | | 38,645 | | | | | |
| Ciber Inc. | | Common Stock 8,240 shares | | | 38,563 | | | | | |
| Home Bancshares Inc. | | Common Stock 1,750 shares | | | 38,553 | | | | | |
| National Semiconductor Corporation | | Common Stock 2,800 shares | | | 38,528 | | | | | |
| Brown Shoe Company Inc. | | Common Stock 2,750 shares | | | 38,308 | | | | | |
| Willis Group Holdings | | Common Stock 1,100 shares | | | 38,093 | | | | | |
| Maiden Holdings Ltd. | | Common Stock 4,780 shares | | | 37,571 | | | | | |
| Matrix Service Company | | Common Stock 2,990 shares | | | 36,418 | | | | | |
| Synovus Financial Corporation | | Common Stock 13,700 shares | | | 36,168 | | | | | |
| Beacon Roofing Supply Inc. | | Common Stock 1,980 shares | | | 35,383 | | | | | |
| Packaging Corporation of America | | Common Stock 1,350 shares | | | 34,884 | | | | | |
| Washington Real Estate Investment Trust | | Common Stock 1,100 shares | | | 34,089 | | | | | |
| Campus Crest Communities Inc. | | Common Stock 2,370 shares | | | 33,227 | | | | | |
29
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| Alterra Capital Holdings Inc. | | Common Stock 1,530 shares | | | 33,109 | | | | | |
| Starwood Property Trust Inc. | | Common Stock 1,540 shares | | | 33,079 | | | | | |
| Celadon Group Inc. | | Common Stock 2,220 shares | | | 32,834 | | | | | |
| Providence Service Corporation | | Common Stock 2,040 shares | | | 32,783 | | | | | |
| First Horizon National Corporation | | Common Stock 2,659 shares | | | 31,323 | | | | | |
| Magna International Inc. Class A | | Common Stock 600 shares | | | 31,200 | | | | | |
| UIL Corporation | | Common Stock 1,020 shares | | | 30,559 | | | | | |
| Simmons First National Corporation Class A | | Common Stock 1,050 shares | | | 29,925 | | | | | |
| Chimera Investment Corporation | | Common Stock 7,230 shares | | | 29,715 | | | | | |
| Casual Male Retail Group Inc. | | Common Stock 6,240 shares | | | 29,578 | | | | | |
| Renasant Corporation | | Common Stock 1,720 shares | | | 29,085 | | | | | |
| Colbs Mckinnon Corporation NY | | Common Stock 1,400 shares | | | 28,448 | | | | | |
| Bancorp Rhode Island Inc. | | Common Stock 970 shares | | | 28,217 | | | | | |
| THL Credit Inc. | | Common Stock 2,150 shares | | | 27,972 | | | | | |
| Medical Action Industries Inc. | | Common Stock 2,910 shares | | | 27,878 | | | | | |
| Interpublic Group Companies Inc. | | Common Stock 2,600 shares | | | 27,612 | | | | | |
| American Campus Communities Inc. | | Common Stock 860 shares | | | 27,314 | | | | | |
| RTI International Metals Inc. | | Common Stock 1,000 shares | | | 26,980 | | | | | |
| Newpark Resources Inc. | | Common Stock 4,360 shares | | | 26,858 | | | | | |
| Stealthgas Inc. | | Common Stock 3,350 shares | | | 26,700 | | | | | |
| Goodrich Petroleum Corporation | | Common Stock 1,430 shares | | | 25,225 | | | | | |
| Plantronics Inc. | | Common Stock 650 shares | | | 24,193 | | | | | |
| Lakeland Industries Inc. | | Common Stock 2,650 shares | | | 23,188 | | | | | |
| Generac Holdings Inc. | | Common Stock 1,430 shares | | | 23,123 | | | | | |
| Chatham Lodging Trust | | Common Stock 1,340 shares | | | 23,115 | | | | | |
| Stifel Financial Corporation | | Common Stock 365 shares | | | 22,645 | | | | | |
| Trinity Industries Inc. | | Common Stock 840 shares | | | 22,352 | | | | | |
| Alliant Techsystems Inc. | | Common Stock 300 shares | | | 22,329 | | | | | |
| Exactech Inc. | | Common Stock 1,180 shares | | | 22,208 | | | | | |
| Dole Food Company Inc. | | Common Stock 1,630 shares | | | 22,021 | | | | | |
| Novell Inc. | | Common Stock 3,700 shares | | | 21,904 | | | | | |
| Terex Corporation | | Common Stock 700 shares | | | 21,728 | | | | | |
| Approach Resources Inc. | | Common Stock 930 shares | | | 21,483 | | | | | |
| Zimmer Holdings Inc. | | Common Stock 400 shares | | | 21,472 | | | | | |
| PPL Corporation | | Common Stock 800 shares | | | 21,056 | | | | | |
| Harley Davidson | | Common Stock 600 shares | | | 20,802 | | | | | |
| America’s Car-Mart Inc. | | Common Stock 760 shares | | | 20,581 | | | | | |
| Pool Corporation | | Common Stock 910 shares | | | 20,511 | | | | | |
| Neutral Tandem Inc. | | Common Stock 1,400 shares | | | 20,216 | | | | | |
| Symantec Corporation | | Common Stock 1,200 shares | | | 20,088 | | | | | |
| Zoran Corporation | | Common Stock 2,280 shares | | | 20,064 | | | | | |
| RPM International Inc. | | Common Stock 900 shares | | | 19,890 | | | | | |
| Shoe Carnival Inc. | | Common Stock 710 shares | | | 19,170 | | | | | |
| California Water Service Group | | Common Stock 500 shares | | | 18,635 | | | | | |
| Dupont Fabros Technical Inc. REIT | | Common Stock 870 shares | | | 18,505 | | | | | |
30
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)
| | | | | | | | | | | |
| Identity of Issue | | Description of Investment | | Current Value |
| | | | | | | | | | | |
| Granite Construction Inc. | | Common Stock 670 shares | | | 18,378 | | | | | |
| Lifepoint Hospitals Inc. | | Common Stock 500 shares | | | 18,375 | | | | | |
| Vectren Corporation | | Common Stock 710 shares | | | 18,020 | | | | | |
| Nicor Inc. | | Common Stock 360 shares | | | 17,971 | | | | | |
| Mantech International Corporation Class A | | Common Stock 430 shares | | | 17,772 | | | | | |
| Westar Energy Inc. | | Common Stock 700 shares | | | 17,612 | | | | | |
| Essa Bancorp Inc. | | Common Stock 1,330 shares | | | 17,583 | | | | | |
| PPG Industries Inc. | | Common Stock 200 shares | | | 16,814 | | | | | |
| United Financial Bancorp Inc. | | Common Stock 1,100 shares | | | 16,797 | | | | | |
| Home Federal Bancorp Inc. | | Common Stock 1,360 shares | | | 16,687 | | | | | |
| Kennedy-Wilson Holdings Inc. | | Common Stock 1,620 shares | | | 16,184 | | | | | |
| Encore Bancshares Inc. | | Common Stock 1,410 shares | | | 14,467 | | | | | |
| New Frontier Media Inc. | | Common Stock 8,240 shares | | | 14,090 | | | | | |
| Air Transport Services Group Inc. | | Common Stock 1,680 shares | | | 13,272 | | | | | |
| AMN Healthcare Services Inc. | | Common Stock 1,990 shares | | | 12,219 | | | | | |
| UGI Corporation | | Common Stock 380 shares | | | 12,000 | | | | | |
| Bridgepoint Education Inc. | | Common Stock 570 shares | | | 10,830 | | | | | |
| Graham Packaging Company Inc. | | Common Stock 800 shares | | | 10,432 | | | | | |
| US Airways Group Inc. | | Common Stock 1,030 shares | | | 10,310 | | | | | |
| Healthways Inc. | | Common Stock 920 shares | | | 10,267 | | | | | |
| Delek US Holdings Inc. | | Common Stock 1,400 shares | | | 10,192 | | | | | |
| Global Geophysical Services | | Common Stock 980 shares | | | 10,172 | | | | | |
| Republic Airways Holdings Inc. | | Common Stock 1,300 shares | | | 9,516 | | | | | |
| LECG Corporation | | Common Stock 6,640 shares | | | 9,163 | | | | | |
| Geomet Inc. | | Common Stock 7,710 shares | | | 8,867 | | | | | |
| Global Power Equipment Group Inc. | | Common Stock 370 shares | | | 8,584 | | | | | |
| Gomet Inc. | | Common Stock 691 shares | | | 7,147 | | | | | |
| Buckeye Technologies Inc. | | Common Stock 340 shares | | | 7,143 | | | | | |
| eResearch Technology Inc. | | Common Stock 940 shares | | | 6,909 | | | | | |
| Electronics For Imaging Inc. | | Common Stock 340 shares | | | 4,865 | | | | | |
| Mistras Group Inc. | | Common Stock 340 shares | | | 4,583 | | | | | |
| Great American Group Inc. | | Common Stock 7,930 shares | | | 3,886 | | | | | |
| Global Indemnity PLC | | Common Stock 160 shares | | | 3,272 | | | | | |
| Capitol Federal Financial Inc. | | Common Stock 100 shares | | | 1,191 | | | | | |
| | | | | | | | | |
| Total Small-Mid Cap Value Asset Class | | | | | | | | | 14,243,982 | |
| | | | | | | | | | | |
| Small-Mid Cap Index Asset Class: | | | | | | | | | | |
| Blackrock Extended Equity Market Fund F* | | Common Collective Trust 175,515 units | | | 5,049,573 | | | | | |
| Northern Trust Collective Extended Equity Market Index Fund - Lending* | | Common Collective Trust 1,028 units | | | 317,391 | | | | | |
| | | | | | | | | |
| Total Small-Mid Cap Index Asset Class | | | | | | | | | 5,366,964 | |
| | | | | | | | | | | |
| Notes Receivable from Participants* | | Interest rates 4.25% - 12.66% | | | | | | | 12,248,971 | |
| | | | | | | | | |
| | | | | | | | | $ | 152,248,868 | |
| | | | | | | | | |
* Indicates party-in-interest
31
Supplemental Schedule
The Retirement and Savings Plan for Amgen Manufacturing, Limited
EIN: 98-0210484 Plan: #001
December 31, 2010
Schedule H, line 4i – Schedule of Assets (Acquired and Disposed of Within Year)
| | | | | | | |
| | | | | Proceeds of | |
| Identity of Issue | | Description of Investment | | Dispositions | |
| | | | | | | |
| Henkel AG & Company | | Preferred Stock 1,850 shares | | $ | 105,094 | |
| Compass Group | | Common Stock 10,540 shares | | | 90,380 | |
| Oversea-Chinese Banking Corporation | | Common Stock 11,350 shares | | | 78,705 | |
| Air Liquide | | Common Stock 629 shares | | | 77,083 | |
| SAP AG | | Common Stock 1,430 shares | | | 74,658 | |
| Mitsui O.S.K. Lines | | Common Stock 10,000 shares | | | 65,047 | |
| SABMiller PLC | | Common Stock 1,950 shares | | | 62,301 | |
| Rolls Royce Group | | Common Stock 6,420 shares | | | 61,897 | |
| Wolseley | | Common Stock 2,350 shares | | | 49,278 | |
| Carnival PLC | | Common Stock 1,400 shares | | | 49,251 | |
| Canadian Natural Resources | | Common Stock 1,500 shares | | | 49,210 | |
| Lloyds Banking Group Ltd. | | Common Stock 42,780 shares | | | 47,272 | |
| Rogers Communications Inc. Class B | | Common Stock 1,300 shares | | | 47,267 | |
| Adecco SA | | Common Stock 980 shares | | | 46,563 | |
| Tenaris SA | | Common Stock 2,200 shares | | | 45,233 | |
| Central Japan Railway Company | | Common Stock 6 shares | | | 44,851 | |
| Yamaha Motor Company | | Common Stock 3,000 shares | | | 44,064 | |
| Nitto Denko Corporation | | Common Stock 1,100 shares | | | 42,455 | |
| Wesfarmers Ltd. | | Common Stock 1,620 shares | | | 40,911 | |
| Toronto-Dominion Bank | | Common Stock 550 shares | | | 40,387 | |
| China Mobile Ltd. | | Common Stock 4,000 shares | | | 40,097 | |
| BG Group PLC | | Common Stock 2,230 shares | | | 36,639 | |
| Yara International | | Common Stock 1,000 shares | | | 35,129 | |
| InterContinental Hotels Group | | Common Stock 1,900 shares | | | 33,971 | |
| Nidec Corporation | | Common Stock 400 shares | | | 33,750 | |
| Makita Corporation | | Common Stock 1,000 shares | | | 31,366 | |
| Mediaset SpA | | Common Stock 5,330 shares | | | 30,588 | |
| Alfa Laval AB | | Common Stock 1,560 shares | | | 27,545 | |
| Olympus Corporation | | Common Stock 1,000 shares | | | 26,496 | |
| Rhodia | | Common Stock 940 shares | | | 25,389 | |
| Keyence Corporation | | Common Stock 100 shares | | | 22,193 | |
| Bank of China Hong Kong Holdings | | Common Stock 9,500 shares | | | 21,879 | |
| Charoen Pok Foods | | Common Stock 40,200 shares | | | 21,368 | |
| Petrobakken Energy Company Class A | | Common Stock 1,100 shares | | | 20,290 | |
| NSK Ltd. | | Common Stock 3,000 shares | | | 19,089 | |
| Incitec Pivot | | Common Stock 6,650 shares | | | 16,307 | |
| Indorama Ventures | | Common Stock 4,200 shares | | | 5,111 | |
32
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | | | |
| | | | The Retirement and Savings Plan for
Amgen Manufacturing, Limited
(Name of Plan)
| |
| Date: June 23, 2011 | By: | /s/ JONATHAN M. PEACOCK | |
| | | Jonathan M. Peacock | |
| | | Executive Vice President and
Chief Financial Officer
Amgen Manufacturing, Limited | |
| |
33
THE RETIREMENT AND SAVINGS PLAN FOR
AMGEN MANUFACTURING, LIMITED
INDEX TO EXHIBIT
| | |
| Consent of Independent Registered Public Accounting Firm | | Exhibit 23.1 |
34
