x
|
ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
For the year ended December 31, 2012
|
|
or
|
|
o
|
TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
For the transition period from ____ to ____
|
Commission file number
|
1-7898
|
Page No. | |
3
|
|
4
|
|
5
|
|
6 - 12
|
|
Supplemental Schedules as of and for the year ended December 31, 2012
|
|
13-20
|
|
21
|
|
22
|
|
23
|
NOTE:
|
All other supplemental schedules required by Section 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 have been omitted because they are not applicable.
|
Lowe's 401(k) Plan
|
||||||||
December 31, 2012
|
December 31, 2011
|
|||||||
Assets
|
||||||||
Cash
|
$ | 1,216,491 | $ | 11,377,113 | ||||
Participant-directed investments at fair value
|
3,533,690,090 | 2,890,561,205 | ||||||
Receivables:
|
||||||||
Due from broker for securities sold
|
4,620,232 | 2,143,096 | ||||||
Total receivables
|
4,620,232 | 2,143,096 | ||||||
Total assets
|
3,539,526,813 | 2,904,081,414 | ||||||
Liabilities
|
||||||||
Due to broker for securities purchased
|
5,706,332 | 13,337,939 | ||||||
Net assets available for benefits at fair value
|
3,533,820,481 | 2,890,743,475 | ||||||
Adjustment from fair value to contract value for fully benefit- responsive stable value fund
|
(14,274,056 | ) | - | |||||
Adjustment from fair value to contract value for fully benefit-responsive investment contract | - | (15,514,051 | ) | |||||
Net assets available for benefits
|
$ | 3,519,546,425 | $ | 2,875,229,424 | ||||
See accompanying notes to financial statements.
|
Lowe's 401(k) Plan
|
||||
Year Ended
|
||||
December 31, 2012
|
||||
Additions
|
||||
Investment income:
|
||||
Net appreciation in fair value of investments
|
$ | 731,639,280 | ||
Dividends
|
41,355,744 | |||
Interest
|
8,133,295 | |||
Total investment income
|
781,128,319 | |||
Contributions:
|
||||
Participant contributions
|
219,668,230 | |||
Employer contributions
|
142,443,434 | |||
Total contributions
|
362,111,664 | |||
Transfers from the Allied Trade Group, Inc. defined contribution plan
|
636,663 | |||
Total additions
|
1,143,876,646 | |||
Deductions
|
||||
Benefits paid to participants
|
499,559,645 | |||
Total deductions
|
499,559,645 | |||
Net increase in net assets
|
644,317,001 | |||
Net assets available for benefits
|
||||
Beginning of year
|
2,875,229,424 | |||
End of year
|
$ | 3,519,546,425 | ||
See accompanying notes to financial statements.
|
•
|
Level 1 – inputs to the valuation techniques that are quoted prices in active markets for identical assets or liabilities
|
||
•
|
Level 2 – inputs to the valuation techniques that are other than quoted prices but are observable for the assets or liabilities, either directly or indirectly
|
||
|
•
|
Level 3 – inputs to the valuation techniques that are unobservable for the assets or liabilities
|
Fair Value Measurements at Reporting Date Using
|
||||||||||||
December 31, 2012
|
Level 1
|
Level 2
|
Level 3
|
|||||||||
Participant-directed investments at fair value:
|
||||||||||||
Common stock
|
$ | 1,851,440,502 | $ | 1,851,440,502 | $ | - | $ | - | ||||
Mutual funds:
|
||||||||||||
Large-cap
|
161,220,511 | 161,220,511 | - | - | ||||||||
Mid-cap
|
168,759,545 | 168,759,545 | - | - | ||||||||
Small-cap
|
89,379,268 | 89,379,268 | - | - | ||||||||
Intermediate bond
|
47,174,517 | 47,174,517 | - | - | ||||||||
International
|
106,691,948 | 106,691,948 | - | - | ||||||||
Collective trusts:
|
||||||||||||
Target retirement date
|
584,022,126 | - | 584,022,126 | - | ||||||||
Separate accounts: (1)
|
||||||||||||
U.S. equities
|
221,961,143 | 221,961,143 | - | - | ||||||||
International equities
|
18,458,827 | 18,458,827 | - | - | ||||||||
Money market mutual funds
|
11,173,422 | 11,173,422 | - | - | ||||||||
Corporate bonds
|
404,337 | 404,337 | - | - | ||||||||
Exchange traded funds
|
401,479 | 401,479 | - | - | ||||||||
Accrued income receivable
|
280,876 | 280,876 | - | - | ||||||||
Receivables for investment securities sold
|
322,003 | 322,003 | - | - | ||||||||
Payables for investment securities purchased
|
(718,010 | ) | (718,010 | ) | - | - | ||||||
Accrued expenses
|
(302,774 | ) | (302,774 | ) | - | - | ||||||
Galliard Stable Value Fund
|
273,020,370 | - | 273,020,370 | - | ||||||||
Total participant-directed investments at fair value
|
$ | 3,533,690,090 | $ | 2,676,647,594 | $ | 857,042,496 | $ | - |
Fair Value Measurements at Reporting Date Using
|
||||||||||||
December 31, 2011
|
Level 1
|
Level 2
|
Level 3
|
|||||||||
Participant-directed investments at fair value:
|
||||||||||||
Common stock
|
$ | 1,511,480,089 | $ | 1,511,480,089 | $ | - | $ | - | ||||
Mutual funds:
|
||||||||||||
Large-cap
|
246,194,773 | 246,194,773 | - | - | ||||||||
Mid-cap
|
250,214,995 | 250,214,995 | - | - | ||||||||
Small-cap
|
73,692,158 | 73,692,158 | - | - | ||||||||
Intermediate bond
|
23,865,249 | 23,865,249 | - | - | ||||||||
International
|
91,167,447 | 91,167,447 | - | - | ||||||||
Collective trusts:
|
||||||||||||
Target retirement date
|
443,646,589 | - | 443,646,589 | - | ||||||||
Investment contract
|
250,299,905 | - | 250,299,905 | - | ||||||||
Total participant-directed investments at fair value
|
$ | 2,890,561,205 | $ | 2,196,614,711 | $ | 693,946,494 | $ | - |
December 31, 2012
|
December 31, 2011
|
|||||
Lowe's Companies, Inc. common stock (1)
|
$
|
1,851,440,502
|
$
|
1,511,480,089
|
||
Galliard Stable Value Fund
|
$
|
273,020,370
|
$
|
-
|
||
Investment Contract - Metropolitan Life Insurance Company, #25066 (2)
|
$
|
-
|
$
|
250,299,905
|
||
Mutual fund - T. Rowe Price Mid-Cap Growth Fund (2)
|
$
|
-
|
$
|
150,369,540
|
December 31, 2012
|
||||
Common stock
|
$ | 558,476,673 | ||
Mutual funds:
|
||||
Large-cap
|
24,312,463 | |||
Mid-cap
|
23,650,343 | |||
Small-cap
|
11,399,803 | |||
Intermediate bond
|
1,733,999 | |||
International
|
15,459,058 | |||
Separate accounts
|
31,721,715 | |||
Collective trusts:
|
||||
Target retirement date
|
64,885,226 | |||
Net appreciation in fair value of investments
|
$ | 731,639,280 |
December 31, 2012
|
December 31, 2011
|
|||||||
Net assets available for benefits:
|
||||||||
Participant-directed investments at fair value
|
$ | 3,533,690,090 | $ | 2,890,561,205 | ||||
Adjustment from fair value to contract value for fully benefit-responsive stable value fund
|
||||||||
(Notes 2 and 5)
|
(14,274,056 | ) | - | |||||
Adjustment from fair value to contract value for fully benefit-responsive investment contract
|
||||||||
(Notes 2 and 5)
|
- | (15,514,051 | ) | |||||
Total Investments (Current Value column) per Form 5500 Schedule of Assets
|
$ | 3,519,416,034 | $ | 2,875,047,154 |
Lowe's 401(k) Plan
|
||||||||
EIN: 56-0578072
|
||||||||
Plan No: 003
|
||||||||
Form 5500, Schedule H, Part IV, Line 4i -
|
||||||||
As of December 31, 2012
|
||||||||
Identity of Issue, Borrower, Lessor, or Similar Party
|
Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value
|
Cost
|
Current Value
|
|||||
*Lowe's Companies, Inc.
|
Common Stock
|
**
|
$
|
1,851,440,502
|
||||
Galliard Stable Value Fund:
|
||||||||
Security-backed contracts:
|
||||||||
ING Life Insurance and Annuity Company
|
3.96%
|
**
|
38,575,256
|
|||||
Metropolitan Life Insurance Company
|
3.98%
|
**
|
55,336,244
|
|||||
New York Life Insurance Company
|
3.10%
|
**
|
24,706,123
|
|||||
The Prudential Insurance Company of America
|
3.45%
|
**
|
55,460,780
|
|||||
United of Omaha Life Insurance Company
|
4.89%
|
**
|
56,226,440
|
|||||
Total underlying securities of security-backed contracts at fair value
|
$
|
230,304,843
|
||||||
Receivables for investment securities sold
|
**
|
1,476,279
|
||||||
Payables for investment securities purchased
|
**
|
(296,821)
|
||||||
Accrued expenses
|
**
|
(87,808)
|
||||||
Wrapper contract fee payable
|
**
|
(99,676)
|
||||||
Total security-backed contracts
|
$
|
231,296,817
|
||||||
Adjustment from fair value to contract value for fully benefit-responsive stable value fund
|
**
|
(14,274,056)
|
||||||
Total security-backed contracts at contract value
|
$
|
217,022,761
|
||||||
Collective Trust Fund:
|
||||||||
*Wells Fargo Short-term Investment Fund G
|
0.27%
|
**
|
41,723,553
|
|||||
Total Galliard Stable Value Fund
|
$
|
258,746,314
|
||||||
American Funds EuroPacific Growth Fund
|
Mutual Fund
|
**
|
106,691,948
|
|||||
American Funds New Economy R6 Fund
|
Mutual Fund
|
**
|
54,019,953
|
|||||
Eagle Small-Cap Growth Fund
|
Mutual Fund
|
**
|
56,990,386
|
|||||
PIMCO Total Return Fund
|
Mutual Fund
|
**
|
47,174,517
|
|||||
T. Rowe Price Institutional Mid-Cap Equity Growth Fund
|
Mutual Fund
|
**
|
168,759,545
|
|||||
T. Rowe Price Small-Cap Value Fund
|
Mutual Fund
|
**
|
32,388,882
|
|||||
Vanguard Institutional Index Fund
|
Mutual Fund
|
**
|
107,200,558
|
|||||
Total Mutual Funds
|
$
|
573,225,789
|
||||||
Vanguard Fiduciary Target Retirement Institutional
|
Collective Trust
|
**
|
25,441,081
|
|||||
Vanguard Fiduciary Target Retirement 2010
|
Collective Trust
|
**
|
21,325,123
|
Lowe's 401(k) Plan
|
||||||||
EIN: 56-0578072
|
||||||||
Plan No: 003
|
||||||||
Form 5500, Schedule H, Part IV, Line 4i -
|
||||||||
Schedule of Assets (Held at End of Year)
|
||||||||
As of December 31, 2012
|
||||||||
Identity of Issue, Borrower, Lessor, or Similar Party
|
Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value
|
Cost
|
Current Value
|
|||||
Vanguard Fiduciary Target Retirement 2015
|
Collective Trust
|
**
|
49,114,034
|
|||||
Vanguard Fiduciary Target Retirement 2020
|
Collective Trust
|
**
|
75,904,329
|
|||||
Vanguard Fiduciary Target Retirement 2025
|
Collective Trust
|
**
|
76,965,909
|
|||||
Vanguard Fiduciary Target Retirement 2030
|
Collective Trust
|
**
|
68,399,701
|
|||||
Vanguard Fiduciary Target Retirement 2035
|
Collective Trust
|
**
|
61,749,357
|
|||||
Vanguard Fiduciary Target Retirement 2040
|
Collective Trust
|
**
|
54,976,667
|
|||||
Vanguard Fiduciary Target Retirement 2045
|
Collective Trust
|
**
|
59,007,274
|
|||||
Vanguard Fiduciary Target Retirement 2050
|
Collective Trust
|
**
|
84,937,851
|
|||||
Vanguard Fiduciary Target Retirement 2055
|
Collective Trust
|
**
|
6,200,800
|
|||||
Total Collective Trusts
|
$
|
584,022,126
|
||||||
American Century Value Account:
|
||||||||
ABB Ltd.
|
Common Stock
|
**
|
334,116
|
|||||
ACE Ltd.
|
Common Stock
|
**
|
359,818
|
|||||
The ADT Corporation
|
Common Stock
|
**
|
445,653
|
|||||
Aetna Inc.
|
Common Stock
|
**
|
542,729
|
|||||
The Allstate Corporation
|
Common Stock
|
**
|
844,253
|
|||||
Apache Corp.
|
Common Stock
|
**
|
1,606,895
|
|||||
Applied Materials, Inc.
|
Common Stock
|
**
|
1,568,916
|
|||||
AT&T, Inc.
|
Common Stock
|
**
|
3,017,180
|
|||||
Avery Dennison Corporation
|
Common Stock
|
**
|
276,881
|
|||||
Barrick Gold Corporation
|
Common Stock
|
**
|
548,607
|
|||||
Becton, Dickinson and Company
|
Common Stock
|
**
|
1,046,260
|
|||||
Bemis Company, Inc.
|
Common Stock
|
**
|
887,125
|
|||||
Berkshire Hathaway Inc.
|
Common Stock
|
**
|
1,474,660
|
|||||
The Boeing Company
|
Common Stock
|
**
|
358,035
|
|||||
Boston Scientific Corporation
|
Common Stock
|
**
|
1,327,779
|
|||||
Campbell Soup Company
|
Common Stock
|
**
|
280,306
|
|||||
CareFusion Corporation
|
Common Stock
|
**
|
2,757,170
|
|||||
CenturyLink, Inc.
|
Common Stock
|
**
|
431,963
|
|||||
The Charles Schwab Corporation
|
Common Stock
|
**
|
1,272,885
|
|||||
Chevron Corporation
|
Common Stock
|
**
|
3,774,519
|
|||||
The Chubb Corporation
|
Common Stock
|
**
|
752,221
|
|||||
Cigna Corporation
|
Common Stock
|
**
|
231,696
|
|||||
Cisco Systems, Inc.
|
Common Stock
|
**
|
2,370,871
|
Lowe's 401(k) Plan
|
||||||||
EIN: 56-0578072
|
||||||||
Plan No: 003
|
||||||||
Form 5500, Schedule H, Part IV, Line 4i -
|
||||||||
Schedule of Assets (Held at End of Year)
|
||||||||
As of December 31, 2012
|
||||||||
Identity of Issue, Borrower, Lessor, or Similar Party
|
Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value
|
Cost
|
Current Value
|
|||||
The Clorox Company
|
Common Stock
|
**
|
345,525
|
|||||
Comerica Incorporated
|
Common Stock
|
**
|
1,246,124
|
|||||
Commerce Bancshares, Inc.
|
Common Stock
|
**
|
686,300
|
|||||
ConAgra Foods, Inc.
|
Common Stock
|
**
|
327,657
|
|||||
Corrections Corporation of America
|
Common Stock
|
**
|
589,334
|
|||||
CSX Corp.
|
Common Stock
|
**
|
403,163
|
|||||
CVS Caremark Corporation
|
Common Stock
|
**
|
492,348
|
|||||
Devon Energy Corporation
|
Common Stock
|
**
|
808,337
|
|||||
Diebold, Incorporated
|
Common Stock
|
**
|
403,899
|
|||||
Dr Pepper Snapple Group, Inc.
|
Common Stock
|
**
|
965,245
|
|||||
Eli Lilly and Company
|
Common Stock
|
**
|
577,833
|
|||||
Emerson Electric Co.
|
Common Stock
|
**
|
411,870
|
|||||
Energizer Holdings Inc.
|
Common Stock
|
**
|
159,000
|
|||||
Exxon Mobil Corporation
|
Common Stock
|
**
|
6,266,047
|
|||||
Franklin Resources Inc.
|
Common Stock
|
**
|
185,533
|
|||||
Freeport-McMoRan Copper & Gold Inc.
|
Common Stock
|
**
|
344,120
|
|||||
General Dynamics Corp.
|
Common Stock
|
**
|
1,046,462
|
|||||
General Electric Company
|
Common Stock
|
**
|
4,063,181
|
|||||
General Mills, Inc.
|
Common Stock
|
**
|
330,150
|
|||||
General Motors Company
|
Common Stock
|
**
|
596,666
|
|||||
The Goldman Sachs Group, Inc.
|
Common Stock
|
**
|
1,373,694
|
|||||
Google Inc.
|
Common Stock
|
**
|
301,482
|
|||||
Great Plains Energy Incorporated
|
Common Stock
|
**
|
513,599
|
|||||
Halliburton Company
|
Common Stock
|
**
|
812,579
|
|||||
HCC Insurance Holdings, Inc.
|
Common Stock
|
**
|
641,612
|
|||||
Helmerich & Payne, Inc.
|
Common Stock
|
**
|
241,291
|
|||||
Hewlett-Packard Company
|
Common Stock
|
**
|
472,587
|
|||||
The Home Depot, Inc.
|
Common Stock
|
**
|
2,320,736
|
|||||
Honda Motor Co., Ltd.
|
Common Stock
|
**
|
465,408
|
|||||
Hospira Inc.
|
Common Stock
|
**
|
943,760
|
|||||
Imperial Oil Ltd.
|
Common Stock
|
**
|
2,411,282
|
|||||
Intel Corporation
|
Common Stock
|
**
|
583,850
|
|||||
International Game Technology
|
Common Stock
|
**
|
501,788
|
|||||
International Speedway Corp.
|
Common Stock
|
**
|
794,241
|
|||||
Japan Airlines Co. Ltd.
|
Common Stock
|
**
|
816,426
|
|||||
Johnson & Johnson
|
Common Stock
|
**
|
3,561,991
|
|||||
JPMorgan Chase & Co.
|
Common Stock
|
**
|
3,886,684
|
|||||
Kellogg Company
|
Common Stock
|
**
|
596,310
|
|||||
KeyCorp
|
Common Stock
|
**
|
404,429
|
|||||
Kimberly-Clark Corporation
|
Common Stock
|
**
|
290,101
|
|||||
Koninklijke Philips Electronics N.V.
|
Common Stock
|
**
|
1,107,248
|
Lowe's 401(k) Plan
|
||||||||
EIN: 56-0578072
|
||||||||
Plan No: 003
|
||||||||
Form 5500, Schedule H, Part IV, Line 4i -
|
||||||||
Schedule of Assets (Held at End of Year)
|
||||||||
As of December 31, 2012
|
||||||||
Identity of Issue, Borrower, Lessor, or Similar Party
|
Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value
|
Cost
|
Current Value
|
|||||
Kraft Foods Group, Inc.
|
Common Stock
|
**
|
609,662
|
|||||
L-3 Communications Holdings Inc.
|
Common Stock
|
**
|
132,706
|
|||||
Lifepoint Hospitals Inc.
|
Common Stock
|
**
|
804,339
|
|||||
Marsh & McLennan Companies, Inc.
|
Common Stock
|
**
|
1,222,410
|
|||||
Marvell Technology Group Ltd.
|
Common Stock
|
**
|
287,126
|
|||||
Medtronic, Inc.
|
Common Stock
|
**
|
1,523,032
|
|||||
Merck & Co. Inc.
|
Common Stock
|
**
|
2,090,929
|
|||||
MetLife, Inc.
|
Common Stock
|
**
|
1,234,657
|
|||||
Microchip Technology Inc.
|
Common Stock
|
**
|
363,867
|
|||||
Molex Incorporated
|
Common Stock
|
**
|
472,290
|
|||||
Mondelez International, Inc.
|
Common Stock
|
**
|
851,284
|
|||||
NetApp, Inc.
|
Common Stock
|
**
|
277,190
|
|||||
Newmont Mining Corporation
|
Common Stock
|
**
|
288,207
|
|||||
Northern Trust Corporation
|
Common Stock
|
**
|
3,024,899
|
|||||
Northrop Grumman Corporation
|
Common Stock
|
**
|
655,594
|
|||||
NV Energy, Inc.
|
Common Stock
|
**
|
613,531
|
|||||
Occidental Petroleum Corporation
|
Common Stock
|
**
|
1,302,523
|
|||||
Oracle Corporation
|
Common Stock
|
**
|
397,574
|
|||||
Peabody Energy Corp.
|
Common Stock
|
**
|
339,171
|
|||||
Pfizer Inc.
|
Common Stock
|
**
|
3,993,564
|
|||||
PG&E Corp.
|
Common Stock
|
**
|
1,513,058
|
|||||
The PNC Financial Services Group, Inc.
|
Common Stock
|
**
|
2,360,622
|
|||||
Procter & Gamble Co.
|
Common Stock
|
**
|
3,476,104
|
|||||
Prudential Financial, Inc.
|
Common Stock
|
**
|
759,473
|
|||||
QLogic Corp.
|
Common Stock
|
**
|
359,699
|
|||||
Reinsurance Group of America Inc.
|
Common Stock
|
**
|
573,467
|
|||||
Republic Services, Inc.
|
Common Stock
|
**
|
3,388,524
|
|||||
Rogers Communications Inc.
|
Common Stock
|
**
|
660,551
|
|||||
SanDisk Corp.
|
Common Stock
|
**
|
308,056
|
|||||
Schlumberger Limited
|
Common Stock
|
**
|
335,294
|
|||||
Siemens AG
|
Common Stock
|
**
|
207,207
|
|||||
Sonoco Products Co.
|
Common Stock
|
**
|
497,710
|
|||||
Southwest Airlines Co.
|
Common Stock
|
**
|
987,648
|
|||||
Southwestern Energy Co.
|
Common Stock
|
**
|
607,828
|
|||||
Speedway Motorsports Inc.
|
Common Stock
|
**
|
484,267
|
|||||
State Street Corporation
|
Common Stock
|
**
|
1,013,677
|
|||||
Stryker Corporation
|
Common Stock
|
**
|
850,313
|
|||||
Sysco Corporation
|
Common Stock
|
**
|
706,873
|
|||||
Target Corp.
|
Common Stock
|
**
|
944,649
|
|||||
TE Connectivity Ltd.
|
Common Stock
|
**
|
539,094
|
|||||
Teradyne Inc.
|
Common Stock
|
**
|
269,953
|
Lowe's 401(k) Plan
|
||||||||
EIN: 56-0578072
|
||||||||
Plan No: 003
|
||||||||
Form 5500, Schedule H, Part IV, Line 4i -
|
||||||||
Schedule of Assets (Held at End of Year)
|
||||||||
As of December 31, 2012
|
||||||||
Identity of Issue, Borrower, Lessor, or Similar Party
|
Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value
|
Cost
|
Current Value
|
|||||
Texas Instruments Inc.
|
Common Stock
|
**
|
66,521
|
|||||
Total SA
|
Common Stock
|
**
|
2,876,865
|
|||||
Toyota Motor Corporation
|
Common Stock
|
**
|
1,153,351
|
|||||
The Travelers Companies, Inc.
|
Common Stock
|
**
|
423,235
|
|||||
Tyco International Ltd.
|
Common Stock
|
**
|
595,501
|
|||||
Ultra Petroleum Corp.
|
Common Stock
|
**
|
1,047,805
|
|||||
United Parcel Service, Inc.
|
Common Stock
|
**
|
198,924
|
|||||
UnitedHealth Group Incorporated
|
Common Stock
|
**
|
1,213,891
|
|||||
Unum Group
|
Common Stock
|
**
|
611,421
|
|||||
U.S. Bancorp
|
Common Stock
|
**
|
1,585,821
|
|||||
Wal-Mart Stores Inc.
|
Common Stock
|
**
|
407,538
|
|||||
Waste Management, Inc.
|
Common Stock
|
**
|
1,138,894
|
|||||
*Wells Fargo & Company
|
Common Stock
|
**
|
2,819,406
|
|||||
Westar Energy, Inc.
|
Common Stock
|
**
|
1,982,965
|
|||||
Western Digital Corporation
|
Common Stock
|
**
|
309,242
|
|||||
Whirlpool Corp.
|
Common Stock
|
**
|
306,573
|
|||||
Xcel Energy Inc.
|
Common Stock
|
**
|
1,386,115
|
|||||
Zimmer Holdings, Inc.
|
Common Stock
|
**
|
1,132,553
|
|||||
SPDR S&P 500 ETF Trust
|
Exchange Traded Fund
|
**
|
401,479
|
|||||
*Wells Fargo Advantage 100% Treasury Money Market Fund
|
Money Market Mutual Fund
|
**
|
3,407,870
|
|||||
$
|
134,195,022
|
|||||||
Accrued income receivable
|
**
|
217,215
|
||||||
Receivables for investment securities sold
|
**
|
311,778
|
||||||
Payables for investment securities purchased
|
**
|
(503,593)
|
||||||
Accrued expenses
|
**
|
(156,648)
|
||||||
Total American Century Value Account
|
$
|
134,063,774
|
||||||
T. Rowe Price Mid-Cap Value Account:
|
||||||||
ACCO Brands Corporation
|
Common Stock
|
**
|
260,313
|
|||||
ADTRAN, Inc.
|
Common Stock
|
**
|
672,176
|
|||||
American Electric Power Company, Inc.
|
Common Stock
|
**
|
896,280
|
|||||
AngloGold Ashanti Limited
|
Common Stock
|
**
|
304,289
|
|||||
Applied Materials, Inc.
|
Common Stock
|
**
|
1,412,840
|
|||||
Archer-Daniels-Midland Company
|
Common Stock
|
**
|
1,049,037
|
|||||
ASML Holding N.V.
|
Common Stock
|
**
|
391,806
|
|||||
Automatic Data Processing, Inc.
|
Common Stock
|
**
|
108,319
|
|||||
Avon Products, Inc.
|
Common Stock
|
**
|
1,319,684
|
|||||
AVX Corporation
|
Common Stock
|
**
|
564,872
|
|||||
AXIS Capital Holdings Limited
|
Common Stock
|
**
|
273,656
|
Lowe's 401(k) Plan
|
||||||||
EIN: 56-0578072
|
||||||||
Plan No: 003
|
||||||||
Form 5500, Schedule H, Part IV, Line 4i -
|
||||||||
Schedule of Assets (Held at End of Year)
|
||||||||
As of December 31, 2012
|
||||||||
Identity of Issue, Borrower, Lessor, or Similar Party
|
Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value
|
Cost
|
Current Value
|
|||||
BankUnited, Inc.
|
Common Stock
|
**
|
589,004
|
|||||
Beam, Inc.
|
Common Stock
|
**
|
372,649
|
|||||
Brown-Forman Corporation Class B
|
Common Stock
|
**
|
417,450
|
|||||
Cablevision Systems Corporation
|
Common Stock
|
**
|
1,150,380
|
|||||
Calpine Corporation
|
Common Stock
|
**
|
1,270,913
|
|||||
Campbell Soup Company
|
Common Stock
|
**
|
477,993
|
|||||
Capitol Federal Financial, Inc.
|
Common Stock
|
**
|
762,188
|
|||||
CarMax, Inc.
|
Common Stock
|
**
|
484,266
|
|||||
Charter Communications, Inc. Class A
|
Common Stock
|
**
|
1,219,840
|
|||||
Cintas Corporation
|
Common Stock
|
**
|
1,063,400
|
|||||
CIT Group, Inc.
|
Common Stock
|
**
|
1,989,960
|
|||||
CNA Financial Corporation
|
Common Stock
|
**
|
450,961
|
|||||
Commerce Bancshares, Inc.
|
Common Stock
|
**
|
363,923
|
|||||
CONSOL Energy, Inc.
|
Common Stock
|
**
|
1,190,910
|
|||||
CoreLogic, Inc.
|
Common Stock
|
**
|
1,599,048
|
|||||
Cousins Properties Incorporated
|
Common Stock
|
**
|
396,625
|
|||||
DreamWorks Animation SKG, Inc. Class A
|
Common Stock
|
**
|
1,040,596
|
|||||
Duke Energy Corporation
|
Common Stock
|
**
|
429,565
|
|||||
E*Trade Financial Corporation
|
Common Stock
|
**
|
1,615,475
|
|||||
Electronic Arts, Inc.
|
Common Stock
|
**
|
142,394
|
|||||
Enstar Group Limited
|
Common Stock
|
**
|
89,584
|
|||||
Entergy Corporation
|
Common Stock
|
**
|
484,500
|
|||||
Exterran Holdings, Inc.
|
Common Stock
|
**
|
1,878,544
|
|||||
Federated Investors, Inc. - Class B
|
Common Stock
|
**
|
157,794
|
|||||
Fidelity National Financial, Inc.
|
Common Stock
|
**
|
1,304,670
|
|||||
First American Financial Corporation
|
Common Stock
|
**
|
1,621,257
|
|||||
First Horizon National Corporation
|
Common Stock
|
**
|
1,396,319
|
|||||
FirstEnergy Corp.
|
Common Stock
|
**
|
1,206,864
|
|||||
Flowers Foods, Inc.
|
Common Stock
|
**
|
1,289,158
|
|||||
Forest City Enterprises, Inc.
|
Common Stock
|
**
|
395,675
|
|||||
Forest Laboratories, Inc.
|
Common Stock
|
**
|
1,052,536
|
|||||
Franco-Nevada Corporation
|
Common Stock
|
**
|
855,378
|
|||||
General Growth Properties, Inc.
|
Common Stock
|
**
|
418,835
|
|||||
Gold Fields Limited
|
Common Stock
|
**
|
364,708
|
|||||
Greenhill & Co, Inc.
|
Common Stock
|
**
|
306,741
|
|||||
Hasbro, Inc.
|
Common Stock
|
**
|
416,440
|
|||||
HealthSouth Corporation
|
Common Stock
|
**
|
1,220,158
|
|||||
Hess Corporation
|
Common Stock
|
**
|
1,366,368
|
|||||
Hospira, Inc.
|
Common Stock
|
**
|
1,640,100
|
|||||
Ingersoll-Rand Public Limited Company
|
Common Stock
|
**
|
1,390,840
|
|||||
International Flavors & Fragrances Inc.
|
Common Stock
|
**
|
1,044,678
|
Lowe's 401(k) Plan
|
||||||||
EIN: 56-0578072
|
||||||||
Plan No: 003
|
||||||||
Form 5500, Schedule H, Part IV, Line 4i -
|
||||||||
Schedule of Assets (Held at End of Year)
|
||||||||
As of December 31, 2012
|
||||||||
Identity of Issue, Borrower, Lessor, or Similar Party
|
Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value
|
Cost
|
Current Value
|
|||||
International Game Technology
|
Common Stock
|
**
|
962,143
|
|||||
Janus Capital Group Inc.
|
Common Stock
|
**
|
98,832
|
|||||
Kellogg Company
|
Common Stock
|
**
|
1,083,490
|
|||||
Kemper Corporation
|
Common Stock
|
**
|
941,050
|
|||||
Kindred Healthcare, Inc.
|
Common Stock
|
**
|
402,504
|
|||||
Legg Mason, Inc.
|
Common Stock
|
**
|
977,360
|
|||||
Lender Processing Services, Inc.
|
Common Stock
|
**
|
1,115,286
|
|||||
Life Technologies Corporation
|
Common Stock
|
**
|
824,544
|
|||||
Loews Corporation
|
Common Stock
|
**
|
1,157,300
|
|||||
M&T Bank Corporation
|
Common Stock
|
**
|
531,738
|
|||||
ManpowerGroup Inc.
|
Common Stock
|
**
|
1,718,820
|
|||||
Marsh & McLennan Companies, Inc.
|
Common Stock
|
**
|
1,682,136
|
|||||
Marvell Technology Group Ltd.
|
Common Stock
|
**
|
386,232
|
|||||
Mattel, Inc.
|
Common Stock
|
**
|
1,241,418
|
|||||
McCormick & Company, Incorporated
|
Common Stock
|
**
|
660,712
|
|||||
MeadWestvaco Corporation
|
Common Stock
|
**
|
1,376,784
|
|||||
Molex Incorporated
|
Common Stock
|
**
|
1,446,336
|
|||||
Murphy Oil Corporation
|
Common Stock
|
**
|
1,381,560
|
|||||
NetApp, Inc.
|
Common Stock
|
**
|
251,625
|
|||||
Newmont Mining Corporation
|
Common Stock
|
**
|
1,490,724
|
|||||
Nexen Inc.
|
Common Stock
|
**
|
902,490
|
|||||
NiSource Inc.
|
Common Stock
|
**
|
761,634
|
|||||
Northern Trust Corporation
|
Common Stock
|
**
|
2,808,960
|
|||||
NRG Energy, Inc.
|
Common Stock
|
**
|
2,271,412
|
|||||
Nucor Corporation
|
Common Stock
|
**
|
474,980
|
|||||
ON Semiconductor Corporation
|
Common Stock
|
**
|
596,430
|
|||||
OneBeacon Insurance Group, Ltd.
|
Common Stock
|
**
|
212,670
|
|||||
Packaging Corporation of America
|
Common Stock
|
**
|
1,419,543
|
|||||
PBF Energy Inc.
|
Common Stock
|
**
|
717,535
|
|||||
Pepco Holdings, Inc.
|
Common Stock
|
**
|
392,200
|
|||||
PPL Corporation
|
Common Stock
|
**
|
1,402,870
|
|||||
Prologis, Inc.
|
Common Stock
|
**
|
186,099
|
|||||
QEP Resources, Inc.
|
Common Stock
|
**
|
965,613
|
|||||
Quest Diagnostics Incorporated
|
Common Stock
|
**
|
903,185
|
|||||
Raytheon Company
|
Common Stock
|
**
|
811,596
|
|||||
Sankyo Co. Ltd.
|
Common Stock
|
**
|
297,086
|
|||||
Scholastic Corporation
|
Common Stock
|
**
|
292,644
|
|||||
Select Medical Holdings Corporation
|
Common Stock
|
**
|
373,428
|
|||||
Southwest Airlines Co.
|
Common Stock
|
**
|
2,498,560
|
|||||
Steris Corporation
|
Common Stock
|
**
|
163,231
|
|||||
Strayer Education, Inc.
|
Common Stock
|
**
|
527,998
|
Lowe's 401(k) Plan
|
||||||||
EIN: 56-0578072
|
||||||||
Plan No: 003
|
||||||||
Form 5500, Schedule H, Part IV, Line 4i -
|
||||||||
Schedule of Assets (Held at End of Year)
|
||||||||
As of December 31, 2012
|
||||||||
Identity of Issue, Borrower, Lessor, or Similar Party
|
Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value
|
Cost
|
Current Value
|
|||||
SunTrust Banks, Inc.
|
Common Stock
|
**
|
776,790
|
|||||
Sysco Corporation
|
Common Stock
|
**
|
1,655,818
|
|||||
Talisman Energy Inc.
|
Common Stock
|
**
|
1,561,274
|
|||||
TECO Energy, Inc.
|
Common Stock
|
**
|
479,336
|
|||||
Telephone & Data Systems, Inc.
|
Common Stock
|
**
|
1,221,464
|
|||||
Tellabs, Inc.
|
Common Stock
|
**
|
352,488
|
|||||
Tenet Healthcare Corporation
|
Common Stock
|
**
|
787,398
|
|||||
Textron Inc.
|
Common Stock
|
**
|
1,767,527
|
|||||
The Babcock & Wilcox Company
|
Common Stock
|
**
|
594,740
|
|||||
The Clorox Company
|
Common Stock
|
**
|
856,674
|
|||||
The Gap, Inc.
|
Common Stock
|
**
|
1,353,344
|
|||||
The Howard Hughes Corporation
|
Common Stock
|
**
|
321,288
|
|||||
The Kroger Co.
|
Common Stock
|
**
|
2,349,606
|
|||||
The Progressive Corporation
|
Common Stock
|
**
|
1,095,090
|
|||||
The Scotts Miracle-Gro Company
|
Common Stock
|
**
|
907,430
|
|||||
The St. Joe Company
|
Common Stock
|
**
|
676,244
|
|||||
The Washington Post Company
|
Common Stock
|
**
|
949,546
|
|||||
Tootsie Roll Industries, Inc.
|
Common Stock
|
**
|
370,837
|
|||||
Valero Energy Corporation
|
Common Stock
|
**
|
641,456
|
|||||
Visteon Corporation
|
Common Stock
|
**
|
758,862
|
|||||
Vulcan Materials Company
|
Common Stock
|
**
|
1,400,145
|
|||||
Weight Watchers International, Inc.
|
Common Stock
|
**
|
9,739
|
|||||
Weingarten Realty Investors
|
Common Stock
|
**
|
554,139
|
|||||
Westamerica Bancorporation
|
Common Stock
|
**
|
834,764
|
|||||
Weyerhaeuser Company
|
Common Stock
|
**
|
1,516,190
|
|||||
White Mountains Insurance Group, Ltd.
|
Common Stock
|
**
|
1,699,500
|
|||||
WMS Industries Inc.
|
Common Stock
|
**
|
336,000
|
|||||
WPX Energy, Inc.
|
Common Stock
|
**
|
514,848
|
|||||
Wright Medical Group, Inc.
|
Common Stock
|
**
|
545,740
|
|||||
Zimmer Holdings, Inc.
|
Common Stock
|
**
|
253,308
|
|||||
Alcoa
|
5.25%, $281,400 par, due 3/15/2014
|
**
|
404,337
|
|||||
Northern Institutional Government Select Fund
|
Money Market Mutual Fund
|
**
|
7,765,547
|
|||||
$
|
118,204,186
|
|||||||
Accrued income receivable
|
**
|
63,661
|
||||||
Receivables for investment securities sold
|
**
|
10,225
|
||||||
Payables for investment securities purchased
|
**
|
(214,417)
|
||||||
Accrued expenses
|
**
|
(146,126)
|
||||||
Total T. Rowe Price Mid-Cap Value Account
|
$
|
117,917,529
|
||||||
Total Investments
|
$
|
3,519,416,034
|
||||||
* Permitted party-in-interest
|
||||||||
** Cost information is not required for participant-directed investments and, therefore, is not included.
|
|
|
|
Total that Constitute Nonexempt Prohibited Transactions
|
|
|
Participant Contributions Transferred
Late to the Plan
|
Contributions
Not Corrected
|
Contributions Corrected
Outside VFCP
|
Contributions Pending
Correction
in VFCP
|
Total Fully Corrected under VFCP and PTE 2002-51 | ||||||||||
o
|
Check here if late participant loan contributions are included | $ | - | $ | 1,721 | $ | - | $ | - |
LOWE'S 401(k) PLAN
|
||
June 28, 2013
|
/s/ Matthew V. Hollifield
|
|
Date
|
Matthew V. Hollifield
Senior Vice President and Chief Accounting Officer
|
|
|
|
Exhibit No.
|
|
Description
|
|
|
|
23
|
|
Consent of Independent Registered Public Accounting Firm
|