The following presents our fair value hierarchy for our defined benefit pension plan assets excluding investments using the NAV per share practical expedient (in millions) The following presents our total fair value of plan assets including the NAV per share practical expedient for our defined benefit pension plan assets: 124 Fair value measurements as of December 31, 2019 Total as of December 31, 2019 Quoted prices in active markets (Level 1) Significant observable inputs (Level 2) Significant unobservable inputs (Level 3) Cash and cash equivalents Cash $ 107.2 $ 107.2 $ — $ — Trades awaiting settlement 17.2 17.2 — — Bank deposits, short-term bills and notes 16.4 — 16.4 — Debt Government securities 711.8 — 711.8 — Corporate debt securities 272.3 — 272.3 — Interest and inflation linked assets 948.1 — 938.8 9.3 Annuities Buy-in annuities 748.1 — — 748.1 Other Equity options 6.3 6.3 — — Repurchase agreements (923.2 ) (923.2 ) — — Recoverable taxes 0.5 0.5 — — Private equity 72.8 — — 72.8 Total fair value of investments excluding NAV per share practical expedient $ 1,977.5 $ (792.0) $ 1,939.3 $ 830.2 Total as of December 31, 2019 (In millions) Fair value of investments excluding NAV per share practical expedient $ 1,977.5 Fair value of investments using NAV per share practical expedient Debt funds 1,636.7 Equity funds 1,820.5 Real estate funds 20.4 Private equity funds 87.0 Total fair value of plan assets $ 5,542.1 Fair Value Hierarchy