Citibank 2011 Annual Report Download - page 189

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167
The following table shows the change in Accumulated other
comprehensive income (loss) for the years ended December 31, 2011 and
2010:
In millions of dollars 2011 
Balance, January 1, net of tax (1) $(4,105) 
!CTUARIALæASSUMPTIONSæCHANGESæANDæPLANæEXPERIENCEæ (820) 
.ETæASSETæGAINæDUEæTOæACTUALæRETURNSæ
EXCEEDINGæEXPECTEDæRETURNS 197 
.ETæAMORTIZATIONS 183 
&OREIGNæEXCHANGEæIMPACTæANDæOTHER 28 
#HANGEæINæDEFERREDæTAXESæNET 235 
Change, net of tax $ (177)  æ
Balance, December 31, net of tax (1) $(4,282) 
æ 3EEæ.OTEææTOæTHEæ#ONSOLIDATEDæ&INANCIALæ3TATEMENTSæFORæFURTHERæDISCUSSIONæOFæNETæAccumulated other
comprehensive income (loss)æBALANCE
æ )NCLUDESææMILLIONæANDææMILLIONæINæNETæACTUARIALæLOSSESæRELATEDæTOæ53æNONQUALIFIEDæPENSIONæPLANSæ
FORææANDææRESPECTIVELY
At the end of 2011 and 2010, for both qualified and nonqualified plans
and for both funded and unfunded plans, the aggregate projected benefit
obligation (PBO), the aggregate accumulated benefit obligation (ABO), and
the aggregate fair value of plan assets are presented for pension plans with
a projected benefit obligation in excess of plan assets and for pension plans
with an accumulated benefit obligation in excess of plan assets as follows:
PBO exceeds fair value of plan
assets
ABO exceeds fair value of plan
assets
U.S. plans (1) Non-U.S. plans U.S. plans (1) Non-U.S. plans
In millions of dollars 2011  2011  2011  2011 
0ROJECTEDæBENEFITæOBLIGATION $13,089  $2,386  $13,089  $1,970 
!CCUMULATEDæBENEFITæOBLIGATIONæ 13,031  1,992  13,031  1,691 
&AIRæVALUEæOFæPLANæASSETSæ 11,991  1,671  11,991  1,139 
æ )NææTHEæ0"/æANDæ!"/æOFæTHEæ53æPLANSæINCLUDEææMILLIONæANDææMILLIONæRESPECTIVELYæRELATINGæTOæTHEæQUALIFIEDæPLANæANDææMILLIONæANDææMILLIONæRESPECTIVELYæRELATINGæTOæTHEæNONQUALIFIEDæPLANSæ)Næ
æTHEæ0"/æANDæ!"/æOFæTHEæ53æPLANSæINCLUDEææMILLIONæANDææMILLIONæRESPECTIVELYæRELATINGæTOæTHEæQUALIFIEDæPLANæANDææMILLIONæANDææMILLIONæRESPECTIVELYæRELATINGæTOæTHEæNONQUALIFIEDæPLANS
At December 31, 2011, combined accumulated benefit obligations for
the U.S. and non-U.S. pension plans, excluding U.S. nonqualified plans,
exceeded plan assets by $0.6 billion. At December 31, 2010, combined
accumulated benefit obligations for the U.S. and non-U.S. pension plans,
excluding U.S. nonqualified plans, exceeded plan assets by $0.4 billion.