Boeing 2009 Annual Report Download - page 99

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The following tables show changes in the benefit obligation, plan assets and funded status of both
pensions and OPB. Benefit obligation balances presented below reflect the PBO for our pension plans,
and accumulated postretirement benefit obligations (APBO) for our OPB plans.
12 Month Period Ending
December 31, 2009
15 Month Period Ending
December 31, 2008
Pension
Other
Postretirement
Benefits Pension
Other
Postretirement
Benefits
Change in benefit obligation
Beginning balance $49,017 $ 7,859 $45,734 $ 7,662
Service cost 1,090 132 1,188 159
Interest cost 2,964 466 3,524 574
Plan participants’ contributions 912
Amendments 143 (18) 470 (6)
Actuarial (gain)/loss 1,445 (374) 1,255 135
Settlement/curtailment/acquisitions/
dispositions, net (68) 1
Benefits paid (2,515) (511) (3,056) (630)
Exchange rate adjustment 81 22 (111) (35)
Ending balance $52,166 $ 7,576 $49,017 $ 7,859
Change in plan assets
Beginning balance at fair value $40,597 $ 79 $50,439 $ 96
Actual return on plan assets 6,074 13 (7,296) (22)
Company contribution 1,582 24 531 19
Plan participants’ contributions 9212 1
Settlement/curtailment/acquisitions/
dispositions, net (67) (1) 1
Benefits paid (2,459) (28) (2,991) (16)
Exchange rate adjustment 74 (98)
Ending balance at fair value $45,810 $ 89 $40,597 $79
Amounts recognized in Consolidated
Statements of Financial Position at
December 31, consist of:
Pension plan assets, net $16 $16
Other accrued liabilities (57) $ (438) (53) $ (458)
Accrued retiree health care (7,049) (7,322)
Accrued pension plan liability, net (6,315) (8,383)
Net amount recognized $ (6,356) $(7,487) $ (8,420) $(7,780)
Amounts recognized in Accumulated other comprehensive loss at December 31, are as follows:
Pensions
Other Postretirement
Benefits
2009 2008 2009 2008
Net actuarial loss $17,012 $18,556 $1,197 $1,644
Prior service cost/(credit) 1,331 1,430 (332) (403)
Total recognized in Accumulated other comprehensive
loss $18,343 $19,986 $ 865 $1,241
87