assets - TIAA-CREF

30LineNumberNAICDesignationANNUAL STATEMENT FOR THE YEAR 2011 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICAASSET VALUATION RESERVEBASIC CONTRIBUTION, RESERVE OBJECTIVE AND MAXIMUM RESERVE CALCULATIONSDEFAULT COMPONENTDescription1 2 3 4 Basic Contribution Reserve Objective Maximum Reserve5678910ReclassifyBalance for AVRRelated Party Add Third Party Reserve CalculationsAmountAmountEncumbrances Encumbrances (Cols. 1 + 2 + 3) Factor (Cols.4 x 5) Factor (Cols. 4 x 7) FactorBook/AdjustedCarrying ValueLONG-TERM BONDS1. Exempt Obligations XXX XXX 2. 1 Highest Quality XXX XXX 3. 2 High Quality XXX XXX 4. 3 Medium Quality XXX XXX 5. 4 Low Quality XXX XXX 6. 5 Lower Quality XXX XXX 7. 6 In or Near Default XXX XXX 8. Total Unrated Multi-class Securities Acquired byConversion XXX XXX XXX XXX XXX 9. Total Bonds (Sum of Lines 1 through 8) XXX XXX XXX XXX XXX PREFERRED STOCK10. 1 Highest Quality XXX XXX 11. 2 High Quality XXX XXX 12. 3 Medium Quality XXX XXX 13. 4 Low Quality XXX XXX 14. 5 Lower Quality XXX XXX 15. 6 In or Near Default XXX XXX 16. Affiliated Life with AVR XXX XXX 17. Total Preferred Stocks (Sum of Lines 10 through 16) XXX XXX XXX XXX XXX SHORT - TERM BONDS18. Exempt Obligations XXX XXX 19. 1 Highest Quality XXX XXX 20. 2 High Quality XXX XXX 21. 3 Medium Quality XXX XXX 22. 4 Low Quality XXX XXX 23. 5 Lower Quality XXX XXX 24. 6 In or Near Default XXX XXX 25. Total Short - Term Bonds (Sum of Lines 18 through 24) XXX XXX XXX XXX XXX Amount(Cols. 4 x 9)