Citibank 2011 Annual Report Download - page 188

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The estimated net actuarial loss, prior service cost and net transition
obligation that will be amortized from Accumulated other comprehensive
income (loss) into net expense in 2012 are approximately $181 million,
$2 million and $(1) million, respectively, for defined benefit pension plans.
For postretirement plans, the estimated 2012 net actuarial loss and prior
service cost amortizations are approximately $32 million and $(1) million,
respectively.
The following table summarizes the funded status and amounts
recognized in the Consolidated Balance Sheet for the Company’s U.S.
qualified and nonqualified pension plans, postretirement plans and plans
outside the United States.
Net Amount Recognized
Pension plans Postretirement benefit plans
U.S. plans (1) Non-U.S. plans U.S. plans Non-U.S. plans
In millions of dollars 2011  2011  2011  2011 
Change in projected benefit obligation
0ROJECTEDæBENEFITæOBLIGATIONæATæBEGINNINGæOFæYEAR $11,730  $ 6,189   $ 1,179   $ 1,395  
"ENEFITSæEARNEDæDURINGæTHEæYEAR 13  203  —28 
)NTERESTæCOSTæONæBENEFITæOBLIGATION 612  382  53  118 
0LANæAMENDMENTS —2——
!CTUARIALæGAINæLOSS 655  59  (44)  29 
"ENEFITSæPAID (633)  (288)  (79)  (54) 
%XPECTEDæ-EDICAREæ0ARTæ$æSUBSIDY ——10  —
3ETTLEMENTS —(44)  ——
#URTAILMENTS —3 ——
3PECIALCONTRACTUALæTERMINATIONæBENEFITS —27 ——
&OREIGNæEXCHANGEæIMPACTæANDæOTHER —(271)  8(148) 
Projected benefit obligation at year end $12,377  $ 6,262   $ 1,127   $ 1,368  
Change in plan assets
0LANæASSETSæATæFAIRæVALUEæATæBEGINNINGæOFæYEAR $11,561   $ 6,145   $95  $ 1,176  
!CTUALæRETURNæONæPLANæASSETS 1,063  526  5 40 
#OMPANYæCONTRIBUTIONSæ — 389  53  75 
0LANæPARTICIPANTSæCONTRIBUTIONS —6——
3ETTLEMENTS —(44)  ——
"ENEFITSæPAID (633)  (288)  (79)  (54) 
&OREIGNæEXCHANGEæIMPACTæANDæOTHER —(313)  —(141) 
Plan assets at fair value at year end $11,991  $ 6,421   $74$ 1,096  
Funded status of the plan at year end (3) $ (386)   $ 159   $(1,053)  $ (272)  
Net amount recognized
"ENEFITæASSET $—$ 874   $—$—
"ENEFITæLIABILITY (386)  (715)  (1,053)  (272) 
Net amount recognized on the balance sheet $ (386)   $ 159   $(1,053)  $ (272)  
Amounts recognized in Accumulated
other comprehensive income (loss)
.ETæTRANSITIONæOBLIGATION $—$ (1)   $—$1
0RIORæSERVICEæCOSTæBENEFIT (1)  23  (3)  (5) 
.ETæACTUARIALæLOSS 4,440  1,454  152  509 
Net amount recognized in equity—pretax $ 4,439   $ 1,476   $ 149  $ 505  
Accumulated benefit obligation at year end $12,337  $ 5,463   $ 1,127   $ 1,368  
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