DELPHI 2015 Annual Report Download - page 116

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Table of Contents
94
The amounts shown below reflect the change in the non-U.S. defined benefit pension obligations during 2015 and 2014.
Year Ended December 31,
2015 2014
(in millions)
Benefit obligation at beginning of year ...................................................................................... $ 2,238 $ 2,105
Obligation assumed in HellermannTyton acquisition............................................................ 12 —
Divestitures ............................................................................................................................ (40) —
Service cost ............................................................................................................................ 57 57
Interest cost ............................................................................................................................ 77 94
Actuarial (gain) loss............................................................................................................... (71) 255
Benefits paid .......................................................................................................................... (80)(100)
Impact of curtailments ........................................................................................................... (10) 2
Exchange rate movements and other ..................................................................................... (151)(175)
Benefit obligation at end of year ................................................................................................ 2,032 2,238
Change in plan assets:
Fair value of plan assets at beginning of year........................................................................ 1,264 1,199
Assets acquired in HellermannTyton acquisition.............................................................. 13 —
Actual return on plan assets .............................................................................................. 8 156
Delphi contributions.......................................................................................................... 80 97
Benefits paid ..................................................................................................................... (80)(100)
Exchange rate movements and other................................................................................. (76)(88)
Fair value of plan assets at end of year.................................................................................. 1,209 1,264
Underfunded status ................................................................................................................ (823)(974)
Amounts recognized in the consolidated balance sheets consist of:
Non-current assets.................................................................................................................. 2 —
Current liabilities ................................................................................................................... (11)(19)
Non-current liabilities ............................................................................................................ (814)(955)
Total................................................................................................................................... (823)(974)
Amounts recognized in accumulated other comprehensive income consist of (pre-tax):
Actuarial loss ......................................................................................................................... 341 409
Prior service cost.................................................................................................................... 1 —
Total................................................................................................................................... $ 342 $ 409