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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
EQUIFAX 2006 ANNUAL REPORT 73
Obligations and Funded Status. A reconciliation of the benefi t obligations, plan assets and funded status of the plans is
as follows:
Pension Benefi ts Other Benefi ts
(In millions) 2006 2005 2006 2005
Change in benefi t obligation
Benefi t obligation at January 1, $579.7 $551.5 $30.2 $ 27.2
Service cost 10.0 7.7 0.4 0.4
Interest cost 32.1 31.8 1.6 1.6
Plan participants’ contributions – – 0.9 0.9
Amendments 2.3 3.5 – –
Actuarial (gain) loss (4.3) 19.3 1.9 4.0
Foreign currency exchange rate changes 0.1 1.3 – –
Retiree drug subsidy paid – – 0.1 –
Special termination benefi ts 0.5 – – –
Benefi ts paid (37.7) (35.4) (4.4) (3.9)
Benefi t obligation at December 31, 582.7 579.7 30.7 30.2
Change in plan assets
Fair value of plan assets at January 1, 529.4 483.2 13.8 12.3
Actual return on plan assets 64.0 57.7 1.5 1.5
Employer contributions 23.5 22.3 5.5 3.0
Plan participants’ contributions – – 0.9 0.9
Foreign currency exchange rate changes – 1.6 – –
Benefi ts paid (37.7) (35.4) (4.4) (3.9)
Fair value of plan assets at December 31, 579.2 529.4 17.3 13.8
Funded status of plan (3.5) (50.3) (13.4) (16.4)
Unrecognized prior service cost 6.7 5.2 3.6 4.1
Unrecognized actuarial loss 170.5 207.7 5.9 4.5
Prepaid (accrued) benefi t cost $173.7 $162.6 (3.9) $ (7.8)
Amounts recognized in the statement of fi nancial position consist
of (prior to the adoption of SFAS 158*):
Prepaid benefi t cost $201.9 $183.7 $ – $ –
Accrued benefi t liability (43.7) (50.9) (3.9) (7.8)
Intangible asset 3.3 3.1 – –
Accumulated other comprehensive loss 12.2 26.7 – –
Net amount recognized $173.7 $162.6 $ (3.9) $ (7.8)
* See impact of the adoption of SFAS 158 on the Consolidated Balance Sheet below.
The accumulated benefi t obligation for the USRIP, EIPP, CRIP and Supplemental Retirement Plans was $557.1 million
and $556.2 million at December 31, 2006 and 2005, respectively.
At December 31, 2006, the Supplemental Retirement Plans had projected benefi t obligations and accumulated benefi t
obligations in excess of those plans’ respective assets. The projected benefi t obligation, accumulated benefi t obligation and
fair value of plan assets for these plans were $46.8 million, $43.7 million and zero, respectively, at December 31, 2006.
The EIPP had a projected benefi t obligation of $108.2 million which is greater than the $103.9 million of plan assets;
however, the plan assets were in excess of the $92.3 million accumulated benefi t obligation.
At December 31, 2005, the EIPP and the Supplemental Retirement Plans had projected benefi t obligations and accu-
mulated benefi t obligations in excess of those plans’ respective assets. The projected benefi t obligation, accumulated
benefi t obligation and fair value of plan assets for these plans were $141.0 million, $123.5 million and $72.6 million,
respectively, at December 31, 2005.