Delta Airlines 2010 Annual Report Download - page 87

Table of Contents
Postretirement Healthcare Plans. We sponsor healthcare plans that provide benefits to eligible retirees and their dependents who are under age 65. During
bankruptcy, we generally eliminated company-paid post age 65 healthcare coverage, except for (1) subsidies available to a limited group of retirees and their
dependents and (2) a group of retirees who retired prior to 1987. Benefits under these plans are funded from current assets and employee contributions.
Postemployment Plans. We provide certain other welfare benefits to eligible former or inactive employees after employment but before retirement,
primarily as part of the disability and survivorship plans. Substantially all employees are eligible for benefits under these plans in the event of a participant's
death and/or disability.
Benefit obligations, fair value of plan assets, and funded status were:
Pension Other Postretirement and
Benefits Postemployment Benefits
December 31, December 31,
(in millions) 2010 2009 2010 2009
Benefit obligation at beginning of period $ 17,031 $ 15,929 $ 3,427 $ 3,276
Service cost — — 58 53
Interest cost 982 1,002 196 207
Actuarial loss (gain) 570 1,170 (115) 164
Benefits paid, including lump sums and annuities (1,013) (1,021) (333) (328)
Participant contributions — — 59 56
Plan amendments — — 6 (7)
Special termination benefits — — — 6
Settlements (64) (49) — —
Benefit obligation at end of period(1) $ 17,506 $ 17,031 $ 3,298 $ 3,427
Fair value of plan assets at beginning of period $ 7,623 $ 7,295 $ 1,153 $ 1,052
Actual (loss) gain on plan assets 975 1,198 140 291
Employer contributions 728 200 171 158
Participant contributions — — 59 56
Benefits paid, including lump sums and annuities (1,013) (1,021) (403) (404)
Settlements (64) (49) — —
Fair value of plan assets at end of period $ 8,249 $ 7,623 $ 1,120 $ 1,153
Funded status at end of period $ (9,257) $ (9,408) $ (2,178) $ (2,274)
(1) At each period-end presented, our accumulated benefit obligations for our pension plans are equal to the benefit obligations shown above.
Amounts recognized on our Consolidated Balance Sheets consist of:
Pension Other Postretirement and
Benefits Postemployment Benefits
December 31, December 31,
(in millions) 2010 2009 2010 2009
Liabilities
Current liabilities $ (13) $ (13) $ (144) $ (142)
Noncurrent liabilities (9,244) (9,395) (2,034) (2,132)
Total liabilities $ (9,257) $ (9,408) $ (2,178) $ (2,274)
Accumulated other comprehensive loss, pretax
Net (loss) gain $ (3,299) $ (3,089) $ 44 $ (117)
Prior service cost — — (3) 7
Total accumulated other comprehensive (loss) income $ (3,299) $ (3,089) $ 41 $ (110)
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