General Dynamics 2010 Annual Report Download - page 75

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Amounts deferredinAOCIconsistedofthefollowing:
General Dynamics Annual Report • 201055
Thefollowing isareconciliationofthebenefitobligationsand plan/trust assets, and theresulting fundedstatus, ofour defined-benefitretirementplans:
Amounts recognizedontheConsolidatedBalanceSheet consistedofthefollowing:
Thefollowing isareconciliationofthechangein AOCIforour defined-benefitretirementplans:
PensionBenefits OtherPost-retirementBenefits
Year EndedDecember312009 20102009 2010
Change in Benefit Obligation
Benefitobligationatbeginning ofyear $ (7,745) $(8,127)$(972) $(987)
Servicecost (203) (211)(8)(10)
Interest cost (491) (509) (64) (59)
Amendments (8) (23) –(38)
Actuarial gain (loss) 2 (736) (10) (126)
Settlement/curtailment/other(62) (74)(12) (5)
Benefits paid 380 4427980
Benefitobligationatend ofyear $ (8,127)$(9,238) $(987)$(1,145)
Change in Plan/TrustAssets
Fair valueofassets atbeginning ofyear $ 4,823 $5,673$332 $378
Actual return on plan assets 872 622 63 28
Employercontributions 298 300 3435
Settlement/curtailment/other52 69 ––
Benefits paid (372) (414)(51) (52)
Fair valueofassets atend ofyear $ 5,673$6,250 $378$389
Fundedstatusatend ofyear $ (2,454)$(2,988) $(609) $(756)
PensionBenefits OtherPost-retirementBenefits
December312009 20102009 2010
Noncurrentassets $103 $106 $– $ –
Currentliabilities (154)(72) (199) (182)
Noncurrentliabilities (2,403) (3,022) (410) (574)
Net liabilityrecognized$(2,454)$(2,988) $(609) $(756)
PensionBenefits OtherPost-retirementBenefits
December312009 20102009 2010
Net actuarial loss $3,139 $3,778$37 $ 177
Priorservice(credit) cost (383) (321)(4)33
Total amountrecognizedinAOCI,pretax $ 2,756 $3,457$33 $210
PensionBenefits OtherPost-retirementBenefits
Year EndedDecember312009 20102009 2010
Net actuarial (gain)loss $(299) $ 714 $ (21)$130
Priorservicecost 8 23 –38
Amortizationof:
Net actuarial (loss) gain from prioryears (35) (87)65
Priorservicecredit(cost) 4641 (1) (2)
Other* 1010(4)6
Changein AOCI,pretax $ (270) $701$
(20) $ 177
*Includes foreign exchangetranslationadjustments.