Danaher 2009 Annual Report Download - page 84

Table of Contents
  
   

Benefit obligation at beginning of year $1,275.1 $1,276.8 $607.6 $659.6
Adoption of ASC Topic 715 measurement provision — (0.5) — 5.6
Service cost 2.0 7.3 13.2 14.9
Interest cost 75.9 72.7 31.0 32.0
Employee contributions — — 3.1 3.0
Amendments, settlements and curtailments — — (6.2) (1.1)
Benefits paid and other (90.5) (85.5) (37.1) (35.0)
Acquisitions — 15.5 6.4 —
Actuarial loss (gain) 46.8 (11.2) (5.0) 0.8
Foreign exchange rate impact — — 33.1 (72.2)
Benefit obligation at end of year 1,309.3 1,275.1 646.1 607.6

Fair value of plan assets at beginning of year 821.0 1,200.5 315.6 411.5
Adoption of ASC Topic 715 measurement provision — (0.1) — 1.4
Actual return on plan assets 125.2 (294.5) 36.7 (53.1)
Employer contributions 60.7 0.6 32.5 39.2
Employee contributions — — 3.1 3.0
Plan settlements — — (6.0) (0.8)
Benefits paid and other (90.5) (85.5) (37.1) (35.0)
Acquisitions — — 5.5 —
Foreign exchange rate impact — — 24.4 (50.6)
Fair value of plan assets at end of year 916.4 821.0 374.7 315.6
Funded status (392.9) (454.1) (271.4) (292.0)
Accrued contribution — — — —
Accrued benefit cost $ (392.9) $(454.1) $(271.4) $(292.0)

 








Discount rate 5.75% 6.25% 5.10% 5.15%
Rate of compensation increase 4.00% 4.00% 3.10% 3.10%
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Source: DANAHER CORP /DE/, 10-K, February 24, 2010 Powered by Morningstar® Document Research℠
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