Delta Airlines 2006 Annual Report Download - page 113

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
Funded Status (measured at September 30):
Pension
Benefit
Other
Postretirement
Benefit
Other
Postemployment
Benefit
(in millions) 2006 2005 2006 2005 2006 2005
Funded status $ (2,965)$ (6,372)$ (1,161)$ (1,793)$ (457) $ (408)
Unrecognized net actuarial loss — 4,286 — 368 — 275
Unrecognized prior service cost (credit) — 7 — (496) — —
Contributions, net made between the measurement date and year-end — — 45 46 (36) (12)
Settlement/curtailment charge recognized between the measurement date and year-end — (129) — — — —
Net amount recognized on our Consolidated Balance Sheets $ (2,965)$ (2,208)$ (1,116)$ (1,875)$ (493) $ (145)
The settlement charge of $129 million related primarily to the Pilot Plan and is discussed in more detail below as a component of net periodic cost.
Amounts recognized on our Consolidated Balance Sheets consist of:
Pension
Benefit
Other
Postretirement
Benefit
Other
Postemployment
Benefit
(in millions) 2006 2005 2006 2005 2006 2005
Prepaid benefit cost $ — $ 8 $ — $ — $ — $ 302
Accrued benefit cost — (2,216) — (1,875) — (447)
Net prepaid/(accrued) benefit cost — (2,208) — (1,875) — (145)
Intangible assets — 7 — — — —
Current liability (3) — (106) — — —
Noncurrent liability (2,962) — (1,010) — (493) —
Additional minimum liability — (4,115) — — — —
Accumulated other comprehensive loss, pretax — 4,108 — — — —
Net amount recognized on our Consolidated Balance Sheets $ (2,965)$ (2,208)$ (1,116)$ (1,875)$ (493) $ (145)
Both the current and noncurrent portions of our pension and other postretirement and postemployment benefit obligations are included in liabilities
subject to compromise on our Consolidated Balance Sheets.
At December 31, 2006 and 2005, we recorded adjustments to intangible assets and accumulated other comprehensive loss (see Note 13) to recognize our
additional minimum pension liability in accordance with SFAS 87, prior to the adoption of SFAS 158.
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