Estee Lauder 2010 Annual Report Download - page 140

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THE EST{E LAUDER COMPANIES INC. 139
Amounts recognized in accumulated other comprehensive (income) loss (before tax) as of June 30, 2010 are as follows:
Other than
Pension Plans Pension Plans
U.S. International Post-retirement Total
(In millions)
Net actuarial (gains) losses, beginning of year $143.8 $ 94.2 $15.1 $253.1
Actuarial (gains) losses recognized 11.3 38.9 15.4 65.6
Amortization of amounts included in
net periodic benefit cost (4.1) (4.6) (0.6) (9.3)
Translation adjustments — (3.5) (0.4) (3.9)
Net actuarial (gains) losses, end of year 151.0 125.0 29.5 305.5
Net prior service cost (credit), beginning of year 5.9 26.3 (0.1) 32.1
Prior service cost (credit) recognized — (1.8) (0.8) (2.6)
Amortization of amounts included in
net periodic benefit cost (0.8) (2.3) — (3.1)
Translation adjustments — (2.6) — (2.6)
Net prior service cost (credit), end of year 5.1 19.6 (0.9) 23.8
Net transition obligation (asset), beginning of year — (0.1) — (0.1)
Amortization of amounts included in net
periodic benefit cost — — — —
Net transition obligation (asset), end of year — (0.1) — (0.1)
Total amounts recognized in accumulated
other comprehensive (income) loss $156.1 $144.5 $28.6 $329.2
Amounts in accumulated other comprehensive (income) loss expected to be amortized as components of net periodic
benefit cost during fiscal 2011 are as follows: Other than
Pension Plans Pension Plans
U.S. International Post-retirement
(In millions)
Prior service cost $0.7 $1.9 $(0.1)
Net actuarial loss $9.7 $5.6 $ 1.7
The projected benefit obligation, accumulated benefit obligation and fair value of plan assets for the Company’s pension
plans at June 30 are as follows: Pension Plans
Retirement
Growth Account Restoration International
2010 2009 2010 2009 2010 2009
(In millions)
Projected benefit obligation $458.7 $384.3 $86.9 $85.3 $413.7 $379.3
Accumulated benefit obligation $405.5 $334.6 $71.3 $69.4 $362.6 $331.7
Fair value of plan assets $478.3 $386.5 $— $— $353.1 $299.0
2010
$458.7
$405.5
$478.3
2010
$86.9
$71.3
$—
2010
$413.7
$362.6
$353.1
International pension plans with projected benefit obligations in excess of the plans’ assets had aggregate projected
benefit obligations of $158.0 million and $269.6 million and aggregate fair value of plan assets of $70.6 million and
$182.6 million at June 30, 2010 and 2009, respectively. International pension plans with accumulated benefit obligations
in excess of the plans’ assets had aggregate accumulated benefit obligations of $113.3 million and $104.9 million and
aggregate fair value of plan assets of $51.0 million and $44.3 million at June 30, 2010 and 2009, respectively.