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## Notes to CoNsolidated FiNaNCial statemeNts 

## Note 13 – Postretirement Benefit Plans (continued) 

The following table presents the fair value hierarchy for those investments of the Company’s VEBA trust assets measured at fair value on a recurring basis as of December 31, 2010: 

<img src='content_image/280760.jpg'>

Cash and cash equivalents are valued at redemption value. Common collective funds are valued based on quoted prices for similar assets in active markets. When such prices are unavailable, the Trustee determines a valuation from the market maker dealing in the particular security. 

## cash FlOws: 

## Employer contributions to Postretirement benefit Plans 

<img src='content_image/280759.jpg'>

Future benefit payments are expected to be as follows: 

## benefit Payments 

<img src='content_image/280758.jpg'>

