DuPont 2005 Annual Report Download - page 104

Download and view the complete annual report

Please find page 104 of the 2005 DuPont annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 117

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117

E. I. du Pont de Nemours and Company
Notes to Consolidated Financial Statements (continued)
(Dollars in millions, except per share)
The accumulated benefit obligation for all pension plans is $20,789 and $19,740 at December 31, 2005, and 2004, respectively.
Information for pension plans with projected benefit obligation in excess of plan assets 2005 2004
Projected benefit obligation $22,268 $21,084
Accumulated benefit obligation 20,177 19,115
Fair value of plan assets 19,026 17,505
Information for pension plans with accumulated benefit obligations in excess of plan assets 2005 2004
Projected benefit obligation $ 4,219 $ 4,271
Accumulated benefit obligation 3,838 3,827
Fair value of plan assets 2,088 2,061
Pension Benefits
Components of net periodic benefit cost (credit) 2005 2004 2003
Service cost $ 349 $ 351 $ 342
Interest cost 1,160 1,198 1,223
Expected return on plan assets (1,416) (1,343) (1,368)
Amortization of transition asset (1) (5) (8)
Amortization of unrecognized loss 304 306 237
Amortization of prior service cost 37 42 51
Curtailment/settlement (gain) loss (1) 448 77
Net periodic benefit cost $ 432 $ 997 $ 554
Other Benefits
Components of net periodic benefit cost (credit) 2005 2004 2003
Service cost $33$36$44
Interest cost 261 266 334
Amortization of unrecognized loss 79 56 64
Amortization of prior service cost (155) (163) (153)
Curtailment/settlement (gain) loss – (436) 1
Net periodic benefit cost (credit) $ 218 $ (241) $ 290
Pension Benefits
Additional information 2005 2004
Decrease in minimum liability included in Accumulated other comprehensive income $ (7) $ (1,920)
Pension Other
Benefits Benefits
Weighted-average assumptions used to determine benefit obligations at December 31, 2005 2004 2005 2004
Discount rate 5.30% 5.58% 5.50% 5.75%
Rate of compensation increase 4.31% 4.29% 4.50% 4.50%
F-45