DIRECTV 2011 Annual Report Download - page 108

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DIRECTV
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(continued)
We estimate that the following amounts will be amortized from accumulated Components of net periodic benefit cost for the years ended December 31:
other comprehensive income into net periodic benefit cost during the year ending Other
December 31, 2012: Pension Postretirement
Benefits Benefits
Other 2011 2010 2009 2011 2010 2009
Pension Postretirement
Benefits Benefits (Dollars in Millions)
(Dollars in Millions) Components of net periodic benefit
Expense resulting from changes in plan experience and cost
actuarial assumptions ........................ $19 $— Benefits earned during the year ...... $25 $19 $16 $ 1 $1 $—
Expense resulting from changes in plan provisions ...... 1 — Interest accrued on benefits earned in
prior years .................. 29 28 28 1 1 1
The accumulated benefit obligation for all pension plans was $531 million at Expected return on plan assets ...... (34) (32) (30) — — —
December 31, 2011 and $479 million as of December 31, 2010. Amortization components
Information for pension plans with an accumulated benefit obligation in excess Amount resulting from changes in
of plan assets at December 31: plan provisions .............111—(1)—
Net amount resulting from changes
2011 2010 in plan experience and actuarial
(Dollars in Millions) assumptions ............... 14 14 8 — — —
Accumulated benefit obligation ..................... $531 $62 Net periodic benefit cost .......... $35 $30 $23 $ 2 $1 $ 1
Fair value of plan assets .......................... 448 —
Information for pension plans with a projected benefit obligation in excess of Assumptions
plan assets at December 31:
Weighted-average assumptions used to determine benefit obligations at
2011 2010 December 31:
(Dollars in Millions)
Projected benefit obligation ....................... $583 $521 Other
Pension Postretirement
Fair value of plan assets ......................... 448 429 Benefits Benefits
2011 2010 2011 2010
Discount rate—Qualified Plans ............. 4.99% 5.59% 4.48% 4.99%
Discount rate—Non-Qualified Plans .......... 4.92% 5.54% — —
Rate of compensation increase .............. 4.00% 4.00% 4.00% 4.00%
84