text: Note 2 – Fair Value of Financial Instruments 
  
  ASC 820, Fair Value Measurements (“ASC 820”) states that fair value is an exit price, representing the amount that 
  
  would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, 
  fair value is a market-based measurement that should be determined based on assumptions that market participants would use 
  in pricing an asset or a liability. The three-tiered fair value hierarchy, which prioritizes which inputs should be used in 
  measuring fair value, is comprised of: (Level I) observable inputs such as quoted prices in active markets; (Level II) inputs 
  other than quoted prices in active markets that are observable either directly or indirectly and (Level III) unobservable inputs 
  for which there is little or no market data. The fair value hierarchy requires the use of observable market data when available in 
  determining fair value. Our assets and liabilities that were measured at fair value on a recurring basis were as follows (in 
  millions): 