DIRECTV 2008 Annual Report Download - page 101
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THE DIRECTV GROUP, INC.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(continued)
We estimate that the following amounts will be amortized from accumulated other comprehensive
income into net periodic benefit cost during the year ending December 31, 2009:
Other
Pension Postretirement
Benefits Benefits
(Dollars in Millions)
Expense resulting from changes in plan experience and actuarial
assumptions ........................................... $7 —
Expense (benefit) resulting from changes in plan provisions .......... 1 $(1)
The accumulated benefit obligation for all pension plans was $415 million as of December 31, 2008
and $396 million as of December 31, 2007.
Information for pension plans with an accumulated benefit obligation in excess of plan assets at
December 31:
2008 2007
(Dollars in
Millions)
Accumulated benefit obligation ........................................... $415 $49
Fair value of plan assets ................................................ 283 —
Information for pension plans with a projected benefit obligation in excess of plan assets at
December 31:
2008 2007
(Dollars in
Millions)
Projected benefit obligation .............................................. $452 $64
Fair value of plan assets ................................................ 283 —
Components of net periodic benefit cost for the years ended December 31:
Other
Postretirement
Pension Benefits Benefits
2008 2007 2006 2008 2007 2006
(Dollars in Millions)
Components of net periodic benefit cost
Benefits earned during the year ....................... $16 $18 $14 $— $— $—
Interest accrued on benefits earned in prior years .......... 27 28 27 1 1 2
Expected return on plan assets ........................ (30) (33) (29) — — —
Amortization components
Amount resulting from changes in plan provisions .......111—(1)(1)
Net amount resulting from changes in plan experience and
actuarial assumptions ..........................465———
Net periodic benefit cost ............................ $18 $20 $18 $ 1 $— $1
Additional information
Increase in minimum liability included in other comprehensive
income, net of taxes .............................. $— $— $24 $— $— $—
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