Energizer 2012 Annual Report Download - page 81

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ENERGIZER HOLDINGS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in millions, except per share and percentage data)
The following table presents the amounts recognized in the Consolidated Balance Sheets and Consolidated Statements of
Shareholders’ Equity.
September 30,
Pension Postretirement
2012 2011 2012 2011
Amounts Recognized in the Consolidated
Balance Sheets
Noncurrent assets $ 3.8 $ 1.2 $—
$—
Current liabilities (7.9)(7.0)(2.4)(2.6)
Noncurrent liabilities (455.6)(440.7)(36.9)(47.2)
Net amount recognized $(459.7)$(446.5)$(39.3)$(49.8)
Amounts Recognized in Accumulated Other
Comprehensive Loss
Net loss/(gain) $ 411.4 $ 371.2 $(24.9)$(24.1)
Prior service credit (37.1)(42.7)(26.5)(20.3)
Transition obligation —0.1 ——
Net amount recognized, pre-tax $ 374.3 $ 328.6 $(51.4)$(44.4)
Changes recognized in other comprehensive income for the year ended September 30, 2012 are as follows:
Pension Postretirement
Changes in plan assets and benefit obligations recognized in other comprehensive
loss
Prior service cost from plan recent amendment $ — $ (8.9)
Net loss arising during the year 61.1 (2.8)
Effect of exchange rates 1.4 (0.1)
Amounts recognized as a component of net periodic benefit cost
Amortization or curtailment recognition of prior service credit 5.5 2.7
Amortization or settlement recognition of net loss/gain (22.3) 2.1
Total recognized in other comprehensive income $ 45.7 $ (7.0)
The Company expects to contribute $58.6 to its pension plans and $2.8 to its postretirement plans in fiscal 2013.
The Company’s expected future benefit payments are as follows:
For The Years Ending September 30,
Pension Postretirement
2013 $ 75.1 $ 2.8
2014 $ 77.2 $ 2.7
2015 $ 82.7 $ 2.6
2016 $ 84.2 $ 2.6
2017 $ 84.6 $ 2.4
2018 to 2022 $ 442.8 $ 10.8
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