|
|
(Mark One)
|
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X
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ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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For the fiscal year ended December 31, 2014 | |
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OR | |
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_
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TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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For the transition period from _______ to _______ | |
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Commission file number 1-3619 | |
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|
A.
|
Full title of the plan and the address of the plan, if different from that of the issuer named below:
|
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|
PFIZER SAVINGS PLAN
FOR EMPLOYEES RESIDENT IN PUERTO RICO
|
|
|
|
B.
|
Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
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Page | |
1
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FINANCIAL STATEMENTS
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2
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3
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4–17
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SUPPLEMENTAL SCHEDULES*
|
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18–20
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21
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22
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EXHIBIT
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23.1 – Consent of Independent Registered Public Accounting Firm
|
23
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*Note:
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Other schedules required by 29 CFR 2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, as amended, have been omitted because they are not applicable.
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December 31,
|
||||||||
(thousands of dollars)
|
2014
|
2013
|
||||||
|
||||||||
Assets:
|
||||||||
Investments, at fair value:
|
||||||||
Pfizer Inc. common stock
|
$ | 75,927 | $ | 76,790 | ||||
Zoetis Inc. common stock
|
- | 107 | ||||||
Other common stocks
|
3,178 | 3,107 | ||||||
Pfizer Inc. preferred stock
|
2,552 | 2,758 | ||||||
Common/collective trust funds
|
121,460 | 113,973 | ||||||
Mutual funds
|
93,203 | 84,155 | ||||||
Guaranteed investment contracts
|
- | 6,307 | ||||||
Total investments, at fair value
|
296,320 | 287,197 | ||||||
Receivables:
|
||||||||
Participant contributions
|
238 | 337 | ||||||
Company contributions
|
1,437 | 261 | ||||||
Notes receivable from participants
|
9,595 | 9,693 | ||||||
Interest and other
|
146 | - | ||||||
Total receivables
|
11,416 | 10,291 | ||||||
Total assets
|
307,736 | 297,488 | ||||||
|
||||||||
Liabilities:
|
||||||||
Investment management fees payable
|
2 | 15 | ||||||
Other
|
- | 15 | ||||||
Total liabilities
|
2 | 30 | ||||||
|
||||||||
Net assets available for plan benefits before adjustment
|
307,734 | 297,458 | ||||||
|
||||||||
Adjustment from fair value to contract value for fully benefit-responsive investment contracts
|
(1,212 | ) | (1,121 | ) | ||||
Net assets available for plan benefits
|
$ | 306,522 | $ | 296,337 | ||||
Year Ended December 31,
|
||||||||
(thousands of dollars)
|
2014
|
2013
|
||||||
|
||||||||
Additions/(reductions):
|
||||||||
Additions/(reductions) to net assets attributed to:
|
||||||||
Investment income:
|
||||||||
Net appreciation in investments
|
$ | 10,306 | $ | 34,008 | ||||
Common stock dividends
|
2,630 | 2,189 | ||||||
Pfizer Inc. preferred stock dividends
|
85 | 96 | ||||||
Interest and dividend income from other investments
|
3,118 | 2,902 | ||||||
Total investment income
|
16,139 | 39,195 | ||||||
Interest income from notes receivable from participants
|
404 | 402 | ||||||
Less: Investment management, redemption and loan fees
|
(86 | ) | (92 | ) | ||||
Net investment and interest income
|
16,457 | 39,505 | ||||||
|
||||||||
Contributions:
|
||||||||
Participant
|
12,019 | 11,665 | ||||||
Company
|
5,357 | 5,436 | ||||||
Rollovers into the Plan
|
523 | 44 | ||||||
Total contributions
|
17,899 | 17,145 | ||||||
Total additions, net
|
34,356 | 56,650 | ||||||
|
||||||||
Deductions:
|
||||||||
Deductions from net assets attributed to:
|
||||||||
Benefits paid to participants
|
23,909 | 24,889 | ||||||
Rollovers out of the Plan
|
262 | 22 | ||||||
Total deductions, net
|
24,171 | 24,911 | ||||||
|
||||||||
Net increase
|
10,185 | 31,739 | ||||||
Transfers into the Plan
|
- | 42,598 | ||||||
Net assets available for plan benefits:
|
||||||||
Beginning of year
|
296,337 | 222,000 | ||||||
End of year
|
$ | 306,522 | $ | 296,337 |
1. |
Description of the Plan
|
Pfizer Stock
Match Fund
|
–
|
This fund invests Company matching contributions in the common stock of Pfizer Inc.
All participants can diversify 100% of their Company matching contributions into any of the other available investment funds at any time after the contributions have been made to their account.
The fund targets a cash position of 0.25% of the fund balance for purposes of liquidity. The cash position may vary day to day.
|
Pfizer
Preferred
Stock Fund
|
–
|
This fund holds investments in the preferred stock of Pfizer Inc. which were allocated to participants in the Pharmacia Savings Plan for Employees Resident in Puerto Rico before the merger of that plan into the Plan on December 31, 2009. Dividends paid to a participant’s Pfizer Preferred Stock Fund account are substituted for an allocation of Pfizer Inc. common stock.
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2. |
Summary of Significant Accounting Policies
|
3. |
Transfers Into the Plan
|
4. |
Tax Status
|
5. |
Investments
|
December 31,
|
||||||||
(thousands of dollars)
|
2014
|
2013
|
||||||
Pfizer Inc. common stock*
|
$ | 75,927 | $ | 76,790 | ||||
T. Rowe Price Stable Value Common Trust Fund**
|
74,300 | 69,934 | ||||||
NTGI – S&P 500 Index Fund
|
28,929 | 25,667 |
*
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Includes 1,297,698 nonparticipant-directed shares and 1,139,783 participant-directed shares at December 31, 2014 and 1,317,834 nonparticipant-directed shares and 1,189,200 participant-directed shares at December 31, 2013.
|
**
|
T. Rowe Price Stable Value Common Trust Fund, at contract value, was approximately $73.1 million and $68.9 million at December 31, 2014 and 2013, respectively.
|
Year Ended December 31,
|
||||||||
(thousands of dollars)
|
2014
|
2013
|
||||||
Net appreciation in investments:
|
||||||||
Common stock
|
$ | 1,669 | $ | 12,759 | ||||
Pfizer Inc. preferred stock
|
41 | 543 | ||||||
Mutual funds
|
4,258 | 14,466 | ||||||
Common/collective trust funds
|
4,338 | 6,240 | ||||||
$ | 10,306 | $ | 34,008 |
6. |
Investment Contracts
|
7. |
Nonparticipant-Directed Investments
|
As of December 31,
|
||||||||
(thousands of dollars)
|
2014
|
2013
|
||||||
Net assets:
|
||||||||
Assets:
|
||||||||
Investments, at fair value:
|
||||||||
Common stock
|
$ | 40,423 | $ | 40,365 | ||||
Pfizer Inc. preferred stock
|
2,552 | 2,758 | ||||||
Common/collective trust funds
|
67 | 265 | ||||||
Total investments
|
43,042 | 43,388 | ||||||
Receivables:
|
||||||||
Participant contributions
|
- | 5 | ||||||
Company contributions
|
1,234 | 116 | ||||||
Total receivables
|
1,234 | 121 | ||||||
Total assets
|
44,276 | 43,509 | ||||||
Liabilities:
|
||||||||
Payable for securities purchased and other
|
- | 4 | ||||||
Net assets available for plan benefits
|
$ | 44,276 | $ | 43,505 |
Year Ended December 31,
|
||||||||
(thousands of dollars)
|
2014
|
2013
|
||||||
Changes in net assets:
|
||||||||
Investment income:
|
||||||||
Net appreciation in investments
|
$ | 737 | $ | 6,818 | ||||
Common stock dividends
|
1,354 | 1,067 | ||||||
Pfizer Inc. preferred stock dividends
|
85 | 96 | ||||||
Interest and dividend income from other investments
|
- | 32 | ||||||
Total investment income
|
2,176 | 8,013 | ||||||
Less: Investment management, redemption and loan fees
|
(16 | ) | (8 | ) | ||||
Net investment and interest income
|
2,160 | 8,005 | ||||||
Contributions, benefits paid and transfers:
|
||||||||
Company contributions
|
5,147 | 5,291 | ||||||
Benefits paid to participants
|
(4,428 | ) | (3,720 | ) | ||||
Transfers (to)/from participant-directed investments
|
(2,108 | ) | 5,465 | |||||
Total contributions, benefits paid and transfers
|
(1,389 | ) | 7,036 | |||||
Net increase
|
771 | 15,041 | ||||||
Net assets available for plan benefits:
|
||||||||
Beginning of year
|
43,505 | 28,464 | ||||||
End of year
|
$ | 44,276 | $ | 43,505 |
8. |
Fair Value Measurements
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(thousands of dollars)
|
Investments at Fair Value as of December 31, 2014
|
|||||||||||||||
Level 1
|
Level 2
|
Level 3
|
Total
|
|||||||||||||
Common/Collective Trusts:
|
||||||||||||||||
US Large Cap Equity
|
$ | - | $ | 28,929 | $ | - | $ | 28,929 | ||||||||
US Small/Mid Cap Equity
|
- | 4,037 | - | 4,037 | ||||||||||||
Fixed Income
|
- | 88,494 | - | 88,494 | ||||||||||||
- | 121,460 | 121,460 | ||||||||||||||
Mutual Funds:
|
||||||||||||||||
US Large Cap Equity
|
14,971 | - | - | 14,971 | ||||||||||||
US Small/Mid Cap Equity
|
26,195 | - | - | 26,195 | ||||||||||||
Non-US Equity
|
16,175 | - | - | 16,175 | ||||||||||||
Retirement Target Date
|
35,862 | - | - | 35,862 | ||||||||||||
93,203 | - | - | 93,203 | |||||||||||||
Pfizer Inc. Common Stock
|
75,927 | - | - | 75,927 | ||||||||||||
Other Common Stocks
|
3,178 | - | - | 3,178 | ||||||||||||
Pfizer Inc. Preferred Stock
|
- | 2,552 | - | 2,552 | ||||||||||||
Total Investments at Fair Value
|
$ | 172,308 | $ | 124,012 | $ | - | $ | 296,320 |
(thousands of dollars)
|
Investments at Fair Value as of December 31, 2013
|
|||||||||||||||
Level 1
|
Level 2
|
Level 3
|
Total
|
|||||||||||||
Common/Collective Trusts:
|
||||||||||||||||
US Large Cap Equity
|
$ | - | $ | 25,667 | $ | - | $ | 25,667 | ||||||||
US Small/Mid Cap Equity
|
- | 4,033 | - | 4,033 | ||||||||||||
Fixed Income
|
- | 84,273 | - | 84,273 | ||||||||||||
- | 113,973 | 113,973 | ||||||||||||||
Mutual Funds:
|
||||||||||||||||
US Large Cap Equity
|
13,121 | - | - | 13,121 | ||||||||||||
US Small/Mid Cap Equity
|
24,719 | - | - | 24,719 | ||||||||||||
Non-US Equity
|
16,394 | - | - | 16,394 | ||||||||||||
Retirement Target Date
|
29,921 | - | - | 29,921 | ||||||||||||
84,155 | - | - | 84,155 | |||||||||||||
Pfizer Inc. Common Stock
|
76,790 | - | - | 76,790 | ||||||||||||
Zoetis Inc. Common Stock
|
107 | - | - | 107 | ||||||||||||
Other Common Stocks
|
3,107 | - | - | 3,107 | ||||||||||||
Pfizer Inc. Preferred Stock
|
- | 2,758 | - | 2,758 | ||||||||||||
Guaranteed Investment Contracts
|
- | 6,307 | - | 6,307 | ||||||||||||
Total Investments at Fair Value
|
$ | 164,159 | $ | 123,038 | $ | - | $ | 287,197 |
9. |
Related-Party Transactions
|
10. |
Risks and Uncertainties
|
11. |
Reconciliation of Financial Statements to Form 5500
|
December 31,
|
||||||||
(thousands of dollars)
|
2014
|
2013
|
||||||
Net assets available for plan benefits per the financial statements
|
$ | 306,522 | $ | 296,337 | ||||
Adjustment of T. Rowe Price Stable Value Common Trust Fund and T. Rowe Price Fixed Income Fund from contract value to fair value
|
1,212 | 1,121 | ||||||
Amounts allocated to withdrawing participants
|
(19 | ) | (15 | ) | ||||
Deemed distributions
|
(371 | ) | (282 | ) | ||||
Net assets available for plan benefits per Form 5500
|
$ | 307,344 | $ | 297,161 |
Year Ended December 31,
|
||||||||
(thousands of dollars)
|
2014
|
2013
|
||||||
Benefits paid to participants, including rollovers, per the financial statements
|
$ | 24,171 | $ | 24,911 | ||||
Amounts allocated to withdrawing participants and deemed distributions at end of year
|
390 | 297 | ||||||
Amounts allocated to withdrawing participants and deemed distributions at beginning of year
|
(297 | ) | (430 | ) | ||||
Benefits paid to participants, including rollovers, per Form 5500
|
$ | 24,264 | $ | 24,778 |
Year Ended December 31,
|
||||||||
(thousands of dollars)
|
2014
|
2013
|
||||||
Net appreciation in investments per the financial statements
|
$ | 10,306 | $ | 34,008 | ||||
Adjustment of T. Rowe Price Stable Value Common Trust Fund and T. Rowe Price Fixed Income Fund from contract value to fair value at end of year
|
1,212 | 1,121 | ||||||
Adjustment of T. Rowe Price Stable Value Common Trust Fund and T. Rowe Price Fixed Income Fund from contract value to fair value at beginning of year
|
(1,121 | ) | (3,083 | ) | ||||
Net appreciation in investments per Form 5500
|
$ | 10,397 | $ | 32,046 |
12. |
Subsequent Events
|
PFIZER SAVINGS PLAN
|
|||||||
FOR EMPLOYEES RESIDENT IN PUERTO RICO
|
|||||||
As of December 31, 2014
|
|||||||
(thousands of dollars)
|
|||||||
(a)
|
(b)
|
(c)
|
(c)
|
(c)
|
(c)
|
(d)
|
(e)
|
Rate
|
Number of
|
||||||
Identity of Issue, Borrower, Lessor,
|
Description of
|
of
|
Maturity
|
Shares or
|
Current
|
||
or Similar Party
|
Investment
|
Interest
|
Date
|
Units
|
Cost
|
Value
|
|
AbbVie Inc.
|
Common stock
|
478
|
25
|
31
|
|||
ACE Limited
|
Common stock
|
436
|
44
|
50
|
|||
Activision Blizzard, Inc.
|
Common stock
|
1,325
|
29
|
27
|
|||
The AES Corporation
|
Common stock
|
2,712
|
39
|
37
|
|||
AGCO Corporation
|
Common stock
|
76
|
3
|
3
|
|||
The Allstate Corporation
|
Common stock
|
875
|
49
|
61
|
|||
American Homes 4 Rent
|
Common stock
|
751
|
12
|
13
|
|||
Aon plc
|
Common stock
|
211
|
20
|
20
|
|||
Apollo Education Group Inc.
|
Common stock
|
649
|
21
|
22
|
|||
Apple Inc.
|
Common stock
|
756
|
63
|
83
|
|||
Avery Dennison Corporation
|
Common stock
|
340
|
16
|
18
|
|||
Avon Products, Inc.
|
Common stock
|
347
|
3
|
3
|
|||
Barrick Gold Corporation
|
Common stock
|
829
|
16
|
9
|
|||
BB&T Corporation
|
Common stock
|
429
|
16
|
17
|
|||
Berkshire Hathaway Inc.
|
Common stock
|
912
|
106
|
137
|
|||
Brocade Communication Systems, Inc.
|
Common stock
|
2,678
|
23
|
32
|
|||
California Resources Corporation
|
Common stock
|
84
|
1
|
-
|
|||
Capital One Financial Corporation
|
Common stock
|
1,230
|
92
|
102
|
|||
Canadian Natural Resources Ltd.
|
Common stock
|
940
|
33
|
29
|
|||
Cisco Systems, Inc.
|
Common stock
|
2,698
|
57
|
75
|
|||
Citigroup Inc.
|
Common stock
|
2,499
|
130
|
135
|
|||
Coach, Inc.
|
Common stock
|
89
|
3
|
3
|
|||
Comcast Corporation
|
Common stock
|
1,108
|
57
|
64
|
|||
Crane Co.
|
Common stock
|
325
|
23
|
19
|
|||
Crown Holdings, Inc.
|
Common stock
|
453
|
20
|
23
|
|||
CVS Caremark Corporation
|
Common stock
|
771
|
54
|
74
|
|||
Delta Air Lines, Inc.
|
Common stock
|
824
|
30
|
41
|
|||
Discover Financial Services
|
Common stock
|
681
|
37
|
45
|
|||
Discovery Communications, Inc.
|
Common stock
|
99
|
3
|
3
|
|||
Dover Corporation
|
Common stock
|
103
|
8
|
7
|
|||
EMC Corporation
|
Common stock
|
2,092
|
56
|
62
|
|||
Emerson Electric Co.
|
Common stock
|
239
|
16
|
15
|
|||
Energen Corp.
|
Common stock
|
280
|
21
|
18
|
|||
EOG Resources, Inc.
|
Common stock
|
330
|
29
|
30
|
|||
EQT Corporation
|
Common stock
|
324
|
34
|
25
|
|||
Express Scripts Holding Company
|
Common stock
|
688
|
48
|
58
|
|||
Exxon Mobil Corporation
|
Common stock
|
306
|
30
|
28
|
|||
Fidelity National Information Services, Inc.
|
Common stock
|
235
|
12
|
15
|
|||
Fifth Third Bancorp
|
Common stock
|
2,492
|
51
|
51
|
|||
Fluor Corporation
|
Common stock
|
55
|
3
|
3
|
|||
Freeport-McMoRan Inc.
|
Common stock
|
273
|
7
|
6
|
|||
The Gap, Inc.
|
Common stock
|
732
|
28
|
31
|
|||
General Dynamics Corporation
|
Common stock
|
141
|
17
|
19
|
|||
Gilead Sciences Inc.
|
Common stock
|
96
|
9
|
9
|
|||
Global Payments Inc.
|
Common stock
|
113
|
8
|
9
|
|||
The Home Depot, Inc.
|
Common stock
|
307
|
25
|
32
|
|||
Honeywell International Inc.
|
Common stock
|
153
|
14
|
15
|
|||
Huntsman Corporation
|
Common stock
|
1,102
|
28
|
25
|
|||
International Paper Company
|
Common stock
|
481
|
23
|
26
|
|||
Johnson & Johnson
|
Common stock
|
824
|
76
|
86
|
PFIZER SAVINGS PLAN | |||||||
FOR EMPLOYEES RESIDENT IN PUERTO RICO | |||||||
SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR) | |||||||
As of December 31, 2014 | |||||||
(thousands of dollars) |
(a)
|
(b)
|
(c)
|
(c)
|
(c)
|
(c)
|
(d)
|
(e)
|
Rate
|
Number of
|
||||||
Identity of Issue, Borrower, Lessor,
|
Description of
|
of
|
Maturity
|
Shares or
|
Current
|
||
or Similar Party
|
Investment
|
Interest
|
Date
|
Units
|
Cost
|
Value
|
JPMorgan Chase & Co.
|
Common stock
|
1,979
|
115
|
124
|
|||
Lear Corporation
|
Common stock
|
289
|
23
|
28
|
|||
Liberty Broadband Corporation
|
Common stock
|
254
|
10
|
11
|
|||
Liberty Global plc
|
Common stock
|
1,162
|
47
|
56
|
|||
Liberty Media Corporation
|
Common stock
|
849
|
31
|
30
|
|||
Lockheed Martin Corporation
|
Common stock
|
346
|
51
|
67
|
|||
Macy's, Inc.
|
Common stock
|
344
|
18
|
23
|
|||
Marathon Petroleum Corporation
|
Common stock
|
312
|
29
|
28
|
|||
McKesson Corporation
|
Common stock
|
56
|
9
|
12
|
|||
Medtronic plc
|
Common stock
|
865
|
54
|
71
|
|||
MetLife, Inc.
|
Common stock
|
375
|
20
|
20
|
|||
Microsoft Corporation
|
Common stock
|
1,501
|
56
|
70
|
|||
NXP Semiconductors NV
|
Common stock
|
213
|
13
|
16
|
|||
Occidental Petroleum Corporation
|
Common stock
|
535
|
46
|
43
|
|||
Omnicare, Inc.
|
Common stock
|
380
|
23
|
28
|
|||
Omnicom Group Inc.
|
Common stock
|
190
|
14
|
15
|
|||
ON Semiconductor Corporation
|
Common stock
|
1,651
|
13
|
17
|
|||
Oracle Corp
|
Common stock
|
1,118
|
44
|
50
|
|||
Owens Illinois Inc
|
Common stock
|
46
|
1
|
1
|
|||
*
|
Pfizer Inc
|
Common stock
|
2,437,481
|
55,262
|
75,927
|
||
Phillips 66
|
Common stock
|
779
|
59
|
56
|
|||
Prudential Financial, Inc.
|
Common stock
|
336
|
30
|
30
|
|||
QEP Resources, Inc.
|
Common stock
|
960
|
29
|
19
|
|||
QUALCOMM Incorporated
|
Common stock
|
405
|
29
|
30
|
|||
Quest Diagnostics Incorporated
|
Common stock
|
344
|
18
|
23
|
|||
Raytheon Company
|
Common stock
|
447
|
40
|
48
|
|||
Rice Energy Inc.
|
Common stock
|
244
|
7
|
5
|
|||
Scripps Networks Interactive, Inc.
|
Common stock
|
246
|
19
|
19
|
|||
Seagate Technology Public Limited Company
|
Common stock
|
268
|
15
|
18
|
|||
Shire plc
|
Common stock
|
65
|
15
|
14
|
|||
Six Flags Entertainment Corporation
|
Common stock
|
377
|
15
|
16
|
|||
TE Connectivity Ltd.
|
Common stock
|
442
|
24
|
28
|
|||
Terex Corporation
|
Common stock
|
119
|
3
|
3
|
|||
Teva Pharmaceutical Industries Limited
|
Common stock
|
645
|
35
|
37
|
|||
Time Inc.
|
Common stock
|
347
|
8
|
9
|
|||
Time Warner Inc.
|
Common stock
|
332
|
22
|
28
|
|||
The Travelers Companies, Inc.
|
Common stock
|
365
|
32
|
39
|
|||
Tyson Foods, Inc.
|
Common stock
|
967
|
35
|
39
|
|||
United Continental Holdings, Inc.
|
Common stock
|
226
|
10
|
15
|
|||
Validus Holdings, Ltd.
|
Common stock
|
264
|
10
|
11
|
|||
Verizon Communications Inc.
|
Common stock
|
738
|
36
|
35
|
|||
Wells Fargo & Company
|
Common stock
|
2,432
|
110
|
133
|
|||
Western Digital Corporation
|
Common stock
|
340
|
29
|
38
|
|||
Wynn Resorts Ltd.
|
Common stock
|
22
|
3
|
3
|
|||
Zimmer Holdings, Inc.
|
Common stock
|
225
|
22
|
26
|
|||
Total common stocks
|
58,102
|
79,105
|
|||||
*
|
Pfizer Inc. Preferred Stock
|
Preferred stock
|
31,823
|
1,282
|
2,552
|
||
PFIZER SAVINGS PLAN FOR EMPLOYEES RESIDENT IN PUERTO RICO |
SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR) |
As of December 31, 2014 |
(thousands of dollars) |
(a)
|
(b)
|
(c)
|
(c)
|
(c)
|
(c)
|
(d)
|
(e)
|
Rate
|
Number of
|
||||||
Identity of Issue, Borrower, Lessor,
|
Description of
|
of
|
Maturity
|
Shares or
|
Current
|
||
or Similar Party
|
Investment
|
Interest
|
Date
|
Units
|
Cost
|
Value
|
*
|
NTGI – S&P 500 Index Fund
|
Collective trust fund
|
4,377
|
16,999
|
28,929
|
|||
*
|
NTGI – Russell 2000 Small Cap Index Fund
|
Collective trust fund
|
2,509
|
3,430
|
4,037
|
|||
*
|
NTGI – Collective Government Short-Term
|
|||||||
Investment Fund
|
Collective trust fund
|
783,184
|
783
|
663
|
||||
BlackRock US Debt Index Fund
|
Collective trust fund
|
302,398
|
8,680
|
9,686
|
||||
BlackRock TIPS Index Fund
|
Collective trust fund
|
292,606
|
3,801
|
3,845
|
||||
T. Rowe Price Stable Value Common Trust Fund
|
Collective trust fund
|
73,088,123
|
73,088
|
74,300
|
||||
Total common/collective trust funds
|
106,781
|
121,460
|
||||||
*
|
Fidelity Large Cap Growth Fund
|
Mutual fund
|
113,658
|
11,654
|
14,971
|
|||
*
|
Fidelity Mid Cap Stock Fund
|
Mutual fund
|
369,755
|
11,777
|
14,195
|
|||
*
|
Fidelity Low Price Stock Fund
|
Mutual fund
|
153,062
|
6,415
|
7,684
|
|||
T. Rowe Price Small Cap Stock Fund
|
Mutual fund
|
210,740
|
4,307
|
4,316
|
||||
Dodge & Cox International Fund
|
Mutual fund
|
306,457
|
10,731
|
12,905
|
||||
Oppenheimer Developing Markets Fund
|
Mutual fund
|
93,280
|
3,107
|
3,270
|
||||
Vanguard Target Retirement Income Fund
|
Mutual fund
|
249,184
|
3,047
|
3,217
|
||||
Vanguard Target Retirement 2015 Fund
|
Mutual fund
|
79,256
|
1,148
|
1,212
|
||||
Vanguard Target Retirement 2020 Fund
|
Mutual fund
|
322,120
|
7,717
|
9,168
|
||||
Vanguard Target Retirement 2025 Fund
|
Mutual fund
|
126,325
|
1,973
|
2,088
|
||||
Vanguard Target Retirement 2030 Fund
|
Mutual fund
|
438,590
|
9,894
|
12,737
|
||||
Vanguard Target Retirement 2035 Fund
|
Mutual fund
|
98,733
|
1,596
|
1,761
|
||||
Vanguard Target Retirement 2040 Fund
|
Mutual fund
|
161,568
|
3,688
|
4,808
|
||||
Vanguard Target Retirement 2045 Fund
|
Mutual fund
|
37,903
|
661
|
707
|
||||
Vanguard Target Retirement 2050 Fund
|
Mutual fund
|
2,336
|
64
|
69
|
||||
Vanguard Target Retirement 2055 Fund
|
Mutual fund
|
2,973
|
89
|
95
|
||||
Total mutual funds
|
77,868
|
93,203
|
||||||
Total investments
|
296,320
|
|||||||
*
|
Notes receivable from participants
|
Interest Rates: 4.00% - 9.50%
|
9,595
|
|||||
Maturity Dates: 2015- 2028
|
||||||||
|
||||||||
Total
|
$305,915
|
|||||||
* Party-in-interest as defined by ERISA
|
||||||||
See accompanying report of independent registered public accounting firm.
|
PFIZER SAVINGS PLAN
FOR EMPLOYEES RESIDENT IN PUERTO RICO
|
||||||||||||
Year ended December 31, 2014
|
||||||||||||
(thousands of dollars)
|
(h)
|
||||||||||||
Current
|
||||||||||||
value of
|
||||||||||||
(a)
|
(b)
|
(c)
|
(d)
|
(g)
|
asset on
|
(i)
|
||||||
Identity of
|
Description
|
Purchase
|
Selling
|
Cost
|
transaction
|
Net gain/
|
||||||
party involved
|
of asset
|
price
|
price
|
of asset
|
date
|
(loss)
|
||||||
NTGI Collective Government Short-Term Investment Fund*
|
CCT shares –
89 purchases
|
7,744
|
-
|
7,744
|
7,744
|
-
|
||||||
NTGI Collective Government Short-Term Investment Fund*
|
CCT shares – 161 sales
|
-
|
7,823
|
7,823
|
7,823
|
-
|
||||||
Pfizer Inc.*
|
Common stock – 13 purchases
|
4,761
|
-
|
4,761
|
4,761
|
-
|
||||||
Pfizer Inc.*
|
Common stock – 104 sales
|
-
|
5,367
|
3,961
|
5,367
|
1,406
|
||||||
* Party-in-interest as defined by ERISA
|
||||||||||||
See accompanying report of independent registered public accounting firm.
|
PFIZER SAVINGS PLAN FOR EMPLOYEES RESIDENT IN PUERTO RICO
|
|
|
|
By: /s/ Brian McMahon
|
|
|
|
|
|
Brian McMahon
|
|
Member, Savings Plan Committee
|