þ
|
ANNUAL
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE
ACT
OF 1934
|
o
|
TRANSITION
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
|
A.
|
Full
title of the Plan and the address of the Plan, if different from that of
the issuer named below:
|
B.
|
Name
of issuer of the securities held pursuant to the Plan and the address of
the principal executive office:
|
Contents
|
|
Report
of Independent Registered Public Accounting Firm –
Mir•Fox & Rodriguez,
P.C
|
1
|
Audited
Financial Statements
|
|
Statements
of Net Assets Available for Benefits
|
2
|
Statement
of Changes in Net Assets Available for Benefits
|
3
|
Notes
to Financial Statements
|
4
|
Signature
|
14
|
Consent
of Independent Registered Public Accounting Firm - Mir•Fox &
Rodriguez, P.C.
|
|
December
31,
|
||||||||
2007
|
2006
|
|||||||
Assets
|
||||||||
Employer
contributions receivable
|
$ | 67,615 | $ | 62,431 | ||||
Participant
contributions receivable
|
— | 70 | ||||||
Plan
interest in the Cameron International Corporation Master
Trust
|
21,724,015 | 17,867,726 | ||||||
Net
assets reflecting all investments at fair value
|
21,791,630 | 17,930,227 | ||||||
Adjustment
from fair value to contract value for interest in Cameron International
Corporation Master Trust relating to fully benefit-responsive investment
contracts
|
(44,172 | ) | 30,952 | |||||
Net
assets available for benefits
|
$ | 21,747,458 | $ | 17,961,179 |
Additions:
|
||||
Employer
contributions
|
$ | 721,174 | ||
Employee
contributions
|
950,107 | |||
Rollovers
|
40,663 | |||
Net
investment gain from the Cameron International Corporation Master
Trust
|
2,492,168 | |||
Total
additions
|
4,204,112 | |||
Deductions:
|
||||
Administrative
fees
|
(25,788 | ) | ||
Benefits
paid to participants
|
(392,045 | ) | ||
Total
deductions
|
(417,833 | ) | ||
Net
increase in net assets available for benefits
|
3,786,279 | |||
Net
assets available for benefits at:
|
||||
Beginning
of year
|
17,961,179 | |||
End
of year
|
$ | 21,747,458 |
1.
Description of the Plan
|
2.
Significant Accounting Policies
|
2.
Significant Accounting Policies
(continued)
|
Beneficial
Interest at December 31,
|
||||||||
2007
|
2006
|
|||||||
Cameron
International Stock Fund
|
1.16 | % | 0.71 | % | ||||
Fidelity
Growth Company Fund
|
100.00 | 100.00 | ||||||
Stable
Value Fund
|
3.61 | 4.34 | ||||||
PIMCO
Total Return Administrative Shares Fund
|
4.44 | 4.80 | ||||||
Washington
Mutual Investors Fund /A
|
4.52 | 4.32 | ||||||
Franklin
Balance Sheet Investment Fund/A
|
3.97 | 3.80 | ||||||
Lord
Abbett Developing Growth Fund/A
|
4.85 | 4.01 | ||||||
EuroPacific
Growth Fund/A
|
4.92 | 4.79 | ||||||
Barclays
Global Investors Equity Index Fund
|
2.22 | 2.09 | ||||||
MFS
Massachusetts Investors Growth/A
|
3.25 | 3.14 |
2.
Significant Accounting Policies
(continued)
|
3.
Separate Investment Accounts of the Cameron International Corporation
Master Trust
|
|
3.
Separate Investment Accounts of the Cameron International Corporation
Master Trust (continued)
|
December
31, 2007
|
Cameron
International
Stock
Fund
|
Washington
Mutual Investors
Fund/A
|
Stable
Value Fund
|
MFS
Massachusetts
Investors
Growth/A
|
Real
Estate
Fund
|
Barclays
Global Investors Equity Index Fund
|
Fidelity
Growth Company Fund
|
PIMCO
Total Return Administrative Shares Fund
|
Franklin
Balance Sheet Investment Fund/A
|
Lord
Abbett Developing Growth
Fund/A
|
EuroPacific
Growth Fund/A
|
Total
|
||||||||||||||||||||||||||||||||||||
Assets:
|
||||||||||||||||||||||||||||||||||||||||||||||||
Cash
|
$ | 398,887 | $ | – | $ | – | $ | – | $ | – | $ | – | $ | – | $ | – | $ | – | $ | – | $ | – | $ | 398,887 | ||||||||||||||||||||||||
Net
unsettled sales of investments
|
1,405,238 | – | – | – | – | – | – | – | – | – | – | 1,405,238 | ||||||||||||||||||||||||||||||||||||
Income
receivable
|
5,052,421 | – | – | – | – | – | – | – | – | – | – | 5,052,421 | ||||||||||||||||||||||||||||||||||||
Investments
at fair value as determined by quoted market prices:
|
||||||||||||||||||||||||||||||||||||||||||||||||
Money
market funds
|
105,052 | – | – | – | 519,126 | – | – | – | – | – | – | 624,178 | ||||||||||||||||||||||||||||||||||||
Cash
Management Trust of America
|
– | – | 4,179,907 | – | – | – | – | – | – | – | – | 4,179,907 | ||||||||||||||||||||||||||||||||||||
Cameron
International Corporation Common Stock
|
200,581,531 | – | – | – | – | – | – | – | – | – | – | 200,581,531 | ||||||||||||||||||||||||||||||||||||
Washington
Mutual Investors Fund/A
|
– | 63,262,934 | – | – | – | – | – | – | – | – | – | 63,262,934 | ||||||||||||||||||||||||||||||||||||
MFS
Massachusetts Investors Growth/A
|
– | – | – | 53,923,467 | – | – | – | – | – | – | – | 53,923,467 | ||||||||||||||||||||||||||||||||||||
Fidelity
Growth Company Fund
|
– | – | – | – | – | – | 2,139,343 | – | – | – | – | 2,139,343 | ||||||||||||||||||||||||||||||||||||
Barclays
Global Investors Equity Index Fund
|
– | – | – | – | – | 28,382,477 | – | – | – | – | – | 28,382,477 | ||||||||||||||||||||||||||||||||||||
PIMCO
Total Return Administrative Shares Fund
|
– | – | – | – | – | – | – | 69,390,638 | – | – | – | 69,390,638 | ||||||||||||||||||||||||||||||||||||
Franklin
Balance Sheet Investment Fund/A
|
– | – | – | – | – | – | – | – | 45,430,834 | – | – | 45,430,834 | ||||||||||||||||||||||||||||||||||||
Lord
Abbett Developing Growth Fund/A
|
– | – | – | – | – | – | – | – | – | 30,498,859 | – | 30,498,859 | ||||||||||||||||||||||||||||||||||||
EuroPacific
Growth Fund/A
|
– | – | – | – | – | – | – | – | – | – | 51,247,189 | 51,247,189 | ||||||||||||||||||||||||||||||||||||
Investments
at estimated fair value:
|
||||||||||||||||||||||||||||||||||||||||||||||||
INVESCO
Group Trust for Retirement Savings:
|
||||||||||||||||||||||||||||||||||||||||||||||||
Investments
|
– | – | 81,926,858 | – | – | – | – | – | – | – | – | 81,926,858 | ||||||||||||||||||||||||||||||||||||
Wrapper
contracts
|
– | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||||||||||||||||||||||||||
Real
estate
|
– | – | – | – | 110,000 | – | – | – | – | – | – | 110,000 | ||||||||||||||||||||||||||||||||||||
Total
investments
|
200,686,583 | 63,262,934 | 86,106,765 | 53,923,467 | 629,126 | 28,382,477 | 2,139,343 | 69,390,638 | 45,430,834 | 30,498,859 | 51,247,189 | 631,698,215 | ||||||||||||||||||||||||||||||||||||
Total
assets
|
207,543,129 | 63,262,934 | 86,106,765 | 53,923,467 | 629,126 | 28,382,477 | 2,139,343 | 69,390,638 | 45,430,834 | 30,498,859 | 51,247,189 | 638,554,761 | ||||||||||||||||||||||||||||||||||||
Liabilities:
|
||||||||||||||||||||||||||||||||||||||||||||||||
Other
payables
|
338,012 | – | – | – | – | – | – | – | – | – | – | 338,012 | ||||||||||||||||||||||||||||||||||||
Net
unsettled purchases of investments
|
71,145 | – | – | – | – | – | – | – | – | – | – | 71,145 | ||||||||||||||||||||||||||||||||||||
Net
assets reflecting all investments at fair value
|
207,133,972 | 63,262,934 | 86,106,765 | 53,923,467 | 629,126 | 28,382,477 | 2,139,343 | 69,390,638 | 45,430,834 | 30,498,859 | 51,247,189 | 638,145,604 | ||||||||||||||||||||||||||||||||||||
Adjustment
from fair value to contract value for fully benefit-responsive
investment contracts
|
– | – | (1,225,151 | ) | – | – | – | – | – | – | – | – | (1,225,151 | ) | ||||||||||||||||||||||||||||||||||
Net
assets available to participating plans
|
$ | 207,133,972 | $ | 63,262,934 | $ | 84,881,614 | $ | 53,923,467 | $ | 629,126 | $ | 28,382,477 | $ | 2,139,343 | $ | 69,390,638 | $ | 45,430,834 | $ | 30,498,859 | $ | 51,247,189 | $ | 636,920,453 |
|
3.
Separate Investment Accounts of the Cameron International Corporation
Master Trust (continued)
|
December 31, 2006
|
Cameron
International
Stock
Fund
|
Washington
Mutual Investors
Fund/A
|
Stable
Value Fund
|
MFS
Massachusetts
Investors
Growth/A
|
Real
Estate
Fund
|
Barclays
Global Investors Equity Index Fund
|
Fidelity
Growth Company Fund
|
PIMCO
Total Return Administrative Shares Fund
|
Franklin
Balance Sheet Investment Fund/A
|
Lord
Abbett Developing Growth
Fund/A
|
EuroPacific
Growth Fund/A
|
Total
|
||||||||||||||||||||||||||||||||||||
Assets:
|
||||||||||||||||||||||||||||||||||||||||||||||||
Cash
|
$ | 304,002 | $ | – | $ | – | $ | – | $ | – | $ | – | $ | – | $ | – | $ | – | $ | – | $ | – | $ | 304,002 | ||||||||||||||||||||||||
Net
unsettled sales of investments
|
159,562 | – | – | – | – | – | – | – | – | – | – | 159,562 | ||||||||||||||||||||||||||||||||||||
Income
receivable
|
3,837,585 | – | – | – | – | – | – | – | – | – | – | 3,837,585 | ||||||||||||||||||||||||||||||||||||
Investments
at fair value as determined by quoted market prices:
|
||||||||||||||||||||||||||||||||||||||||||||||||
Money
market funds
|
986,773 | – | – | – | 544,406 | – | – | – | – | – | – | 1,531,179 | ||||||||||||||||||||||||||||||||||||
Cash
Management Trust of America
|
– | – | 2,334,501 | – | – | – | – | – | – | – | – | 2,334,501 | ||||||||||||||||||||||||||||||||||||
Cameron
International Corporation Common Stock
|
120,687,212 | – | – | – | – | – | – | – | – | – | – | 120,687,212 | ||||||||||||||||||||||||||||||||||||
Washington
Mutual Investors Fund/A
|
– | 57,035,032 | – | – | – | – | – | – | – | – | – | 57,035,032 | ||||||||||||||||||||||||||||||||||||
MFS
Massachusetts Investors Growth/A
|
– | – | – | 45,325,015 | – | – | – | – | – | – | – | 45,325,015 | ||||||||||||||||||||||||||||||||||||
Fidelity
Growth Company Fund
|
– | – | – | – | – | – | 2,068,625 | – | – | – | – | 2,068,625 | ||||||||||||||||||||||||||||||||||||
Barclays
Global Investors Equity Index Fund
|
– | – | – | – | – | 27,974,437 | – | – | – | – | – | 27,974,437 | ||||||||||||||||||||||||||||||||||||
PIMCO
Total Return Administrative Shares Fund
|
– | – | – | – | – | – | – | 53,542,359 | – | – | – | 53,542,359 | ||||||||||||||||||||||||||||||||||||
Franklin
Balance Sheet Investment Fund/A
|
– | – | – | – | – | – | – | – | 46,926,598 | – | – | 46,926,598 | ||||||||||||||||||||||||||||||||||||
Lord
Abbett Developing Growth Fund/A
|
– | – | – | – | – | – | – | – | – | 20,329,422 | – | 20,329,422 | ||||||||||||||||||||||||||||||||||||
EuroPacific
Growth Fund/A
|
– | – | – | – | – | – | – | – | – | – | 39,996,108 | 39,996,108 | ||||||||||||||||||||||||||||||||||||
Investments
at estimated fair value:
|
||||||||||||||||||||||||||||||||||||||||||||||||
INVESCO
Group Trust for Retirement Savings:
|
||||||||||||||||||||||||||||||||||||||||||||||||
Investments
|
– | – | 75,725,805 | – | – | – | – | – | – | – | – | 75,725,805 | ||||||||||||||||||||||||||||||||||||
Wrapper
contracts
|
– | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||||||||||||||||||||||||||
Real
estate
|
– | – | – | – | 110,000 | – | – | – | – | – | – | 110,000 | ||||||||||||||||||||||||||||||||||||
Total
investments
|
121,673,985 | 57,035,032 | 78,060,306 | 45,325,015 | 654,406 | 27,974,437 | 2,068,625 | 53,542,359 | 46,926,598 | 20,329,422 | 39,996,108 | 493,586,293 | ||||||||||||||||||||||||||||||||||||
Total
assets
|
125,975,134 | 57,035,032 | 78,060,306 | 45,325,015 | 654,406 | 27,974,437 | 2,068,625 | 53,542,359 | 46,926,598 | 20,329,422 | 39,996,108 | 497,887,442 | ||||||||||||||||||||||||||||||||||||
Liabilities:
|
||||||||||||||||||||||||||||||||||||||||||||||||
Other
payables
|
235,916 | – | – | – | – | – | – | – | – | – | – | 235,916 | ||||||||||||||||||||||||||||||||||||
Net
unsettled purchases of investments
|
1,118,112 | – | – | – | – | – | – | – | – | – | – | 1,118,112 | ||||||||||||||||||||||||||||||||||||
Net
assets reflecting all investments at fair value
|
124,621,106 | 57,035,032 | 78,060,306 | 45,325,015 | 654,406 | 27,974,437 | 2,068,625 | 53,542,359 | 46,926,598 | 20,329,422 | 39,996,108 | 496,533,414 | ||||||||||||||||||||||||||||||||||||
Adjustment
from fair value to contract value for fully benefit-responsive
investment contracts
|
– | – | 712,756 | – | – | – | – | – | – | – | – | 712,756 | ||||||||||||||||||||||||||||||||||||
Net
assets available to participating plans
|
$ | 124,621,106 | $ | 57,035,032 | $ | 78,773,062 | $ | 45,325,015 | $ | 654,406 | $ | 27,974,437 | $ | 2,068,625 | $ | 53,542,359 | $ | 46,926,598 | $ | 20,329,422 | $ | 39,996,108 | $ | 497,246,170 |
|
3.
Separate Investment Accounts of the Cameron International Corporation
Master Trust (continued)
|
Year
ended December 31, 2007
|
Net
Appreciation (Depreciation)
|
Interest
and Dividends
|
Total
|
|||||||||
Cameron
International Stock Fund
|
$ | 93,075,373 | $ | - | $ | 93,075,373 | ||||||
Fidelity
Growth Company Fund
|
356,009 | 15,028 | 371,037 | |||||||||
Stable
Value Fund
|
- | 3,945,927 | 3,945,927 | |||||||||
PIMCO
Total Return Administrative Shares Fund
|
2,070,972 | 3,420,725 | 5,491,697 | |||||||||
Washington
Mutual Investors Fund/A
|
(2,306,410 | ) | 4,673,853 | 2,367,443 | ||||||||
MFS
Massachusetts Investors Growth/A
|
1,555,593 | 3,570,994 | 5,126,587 | |||||||||
Franklin
Balance Sheet Investment Fund/A
|
(6,131,427 | ) | 4,534,702 | (1,596,725 | ) | |||||||
Lord
Abbett Developing Growth Fund/A
|
4,369,449 | 3,218,606 | 7,588,055 | |||||||||
EuroPacific
Growth Fund/A
|
3,717,254 | 4,264,884 | 7,982,138 | |||||||||
Real
Estate Fund
|
- | 24,880 | 24,880 | |||||||||
Barclays
Global Investors Equity Index Fund
|
1,544,924 | - | 1,544,924 | |||||||||
$ | 98,251,737 | $ | 27,669,599 | $ | 125,921,336 |
3.
Separate Investment Accounts of the Cameron International Corporation
Master Trust (continued)
|
·
|
The
level of market interest rates
|
·
|
The
amount and timing of participant contributions, transfers and withdrawals
into/out of the wrapper contract
|
·
|
The
investment returns generated by the fixed income investments that back the
wrapper contract
|
·
|
The
duration of the underlying investments backing the wrapper
contract
|
|
3.
Separate Investment Accounts of the Cameron International Corporation
Master Trust (continued)
|
Contract Issuer
|
Security
|
Major
Credit Rating
|
Investments
at Fair Value
|
Wrapper
Contracts
at Fair Value
|
Adjustment
to Contract Value
|
|||||||||
Wrapped
portfolios:
|
||||||||||||||
Bank
of America
|
Wrapper
|
Aa1
|
$ | - | $ | (209,081 | ) | |||||||
INVESCO
Multi-Manager Intermediate
|
||||||||||||||
Government/Credit
Fund
|
$ | 14,872,914 | ||||||||||||
ING
|
Wrapper
|
AA/Aa3
|
- | (407,834 | ) | |||||||||
INVESCO
Short-term Bond Fund
|
18,713,928 | |||||||||||||
JPMorgan
Chase
|
Wrapper
|
AA/Aaa
|
- | 34,033 | ||||||||||
INVESCO
Multi-Manager Core Fixed
|
||||||||||||||
Income
Fund
|
12,708,246 | |||||||||||||
Monumental
|
Wrapper
|
AA/Aa3
|
- | (30,477 | ) | |||||||||
Cash
on hand
|
50,458 | |||||||||||||
U.S.
Treasury Note
|
2,003,701 | |||||||||||||
Pacific
Life Insurance
|
Wrapper
|
AA/Aa3
|
- | (407,562 | ) | |||||||||
INVESCO
AAA Asset-Backed Securities Fund
|
18,662,942 | |||||||||||||
State
Street Bank
|
Wrapper
|
AA/Aa1
|
- | (204,230 | ) | |||||||||
INVESCO
Multi-Manager Intermediate
|
||||||||||||||
Government/Credit
Fund
|
14,914,669 | |||||||||||||
Short-term
investments:
|
||||||||||||||
American
Funds Group
|
Cash
Management Trust of America
|
N/A
|
4,179,907 | - | - | |||||||||
$ | 86,106,765 | $ | - | $ | (1,225,151 | ) |
|
3.
Separate Investment Accounts of the Cameron International Corporation
Master Trust (continued)
|
Contract Issuer
|
Security
|
Major
Credit Rating
|
Investments
at Fair Value
|
Wrapper
Contracts
at Fair Value
|
Adjustment
to Contract Value
|
|||||||||
Wrapped
portfolios:
|
||||||||||||||
Bank
of America
|
Wrapper
|
Aa1
|
$ | - | $ | 190,167 | ||||||||
INVESCO
Multi-Manager Intermediate
|
||||||||||||||
Government/Credit
Fund
|
$ | 14,659,228 | ||||||||||||
ING
|
Wrapper
|
AA/Aa3
|
- | 100,870 | ||||||||||
INVESCO
Short-term Bond Fund
|
16,158,247 | |||||||||||||
JPMorgan
Chase
|
Wrapper
|
AA/Aa2
|
- | 145,754 | ||||||||||
INVESCO
Multi-Manager Core Fixed
|
||||||||||||||
Income
Fund
|
13,228,189 | |||||||||||||
Monumental
|
Wrapper
|
AA/Aa3
|
- | 14,257 | ||||||||||
Cash
on hand
|
82,184 | |||||||||||||
U.S.
Treasury Note
|
1,942,611 | |||||||||||||
Pacific
Life Insurance
|
Wrapper
|
AA/Aa3
|
- | 65,636 | ||||||||||
INVESCO
AAA Asset-Backed Securities Fund
|
15,153,684 | |||||||||||||
State
Street Bank
|
Wrapper
|
AA/Aa2
|
- | 196,072 | ||||||||||
INVESCO
Multi-Manager Intermediate
|
||||||||||||||
Government/Credit
Fund
|
14,501,662 | |||||||||||||
Short-term
investments:
|
||||||||||||||
American
Funds Group
|
Cash
Management Trust of America
|
N/A
|
2,334,501 | - | - | |||||||||
$ | 78,060,306 | $ | - | $ | 712,756 |
4.
Income Tax Status
|
5.
Reconciliation of Financial Statements to Form
5500
|
December
31,
|
||||||||
2007
|
2006
|
|||||||
Net
assets available for benefits per the financial statements
|
$ | 21,747,458 | $ | 17,961,179 | ||||
Adjustment
from contract value to fair value
|
44,172 | (30,952 | ) | |||||
Net
assets available for benefits per Form 5500
|
$ | 21,791,630 | $ | 17,930,227 |
Net
investment gain from the Cameron International Corporation Master Trust
per the financial statements
|
$ | 2,492,168 | ||
Adjustment
from contract value to fair value at December 31, 2006
|
30,952 | |||
Adjustment
from contract value to fair value at December 31, 2007
|
44,172 | |||
Net
investment gain from the Cameron International Corporation Master Trust
per Form 5500
|
$ | 2,567,292 |
INDIVIDUAL
ACCOUNT RETIREMENT PLAN FOR BARGAINING
UNIT
EMPLOYEES AT THE CAMERON INTERNATIONAL CORPORATION
BUFFALO,
NEW YORK PLANT
|
|
By:____/s/ Joseph H.
Mongrain_______________
|
|
Joseph H. Mongrain
|
|
Member
of the Plans Administration Committee
|