Amtrak 2014 Annual Report Download - page 60

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National Railroad Passenger Corporation and Subsidiaries (Amtrak)
Notes to Consolidated Financial Statements (continued)
1509-1694994 52
12. Postretirement Employee Benefits (continued)
Pension and other postretirement benefit amounts recognized in the Consolidated Balance Sheets
at September 30, 2014 and 2013 are as follows (in thousands):
Pension Benefits Other Benefits
2014 2013 2014 2013
Current liabilities $ 20,439
$ 18,335
$ 60,709
$ 53,381
N
on-current liabilities 78,924 10,156 1,153,747 1,067,154
N
et amount recognized $ 99,363
$ 28,491
$ 1,214,456
$ 1,120,535
Pension and other postretirement benefit amounts recognized in accumulated other
comprehensive loss at September 30, 2014 and 2013 are as follows (in thousands):
Pension Benefits Other Benefits
2014 2013 2014 2013
N
et loss $ 150,116
$ 76,202
$ 478,196
$ 456,780
Prior service cost – – (139,463) (161,216)
N
et amount recognize
d
$ 150,116
$ 76,202
$ 338,733
$ 295,564
Components of Net Periodic Benefit Cost
The following table provides the components of net periodic benefit cost for the plans for
FY2014 and FY2013 (in thousands):
Pension Benefits Other Benefits
2014 2013 2014 2013
Service cost $ 15,163
$ 17,692
$ 30,701
$ 40,852
Interest cost 21,396 19,551 56,679 57,987
Expected return on plan assets (29,337) (26,048) – –
Amortization of prior service cost – – (21,754) 3,971
Amortization of net loss 3,735 11,930 34,378 46,723
N
et periodic benefit cos
t
$ 10,957
$ 23,125
$ 100,004
$ 149,533