Honda 2007 Annual Report Download - page 103

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101
Amounts recognized in the consolidated balance sheets are as follows:
U.S. dollars (millions) (note2)
Japanese plans Foreign plans
2007 2007
Noncurrent assets $(00,028 $(0,432
Current liabilities (45) (0)
Noncurrent liabilities (3,572) (308)
Total (3,589) 124
Amounts recognized in accumulated other comprehensive income are as follows:
U.S. dollars (millions) (note2)
Japanese plans Foreign plans
2007 2007
Actuarial loss (gain) $(02,807 $(0,488
Net transition obligation 15 2
Prior service cost (benefit) (580) 68
Total 2,242 558
Pension plans with accumulated benefit obligations in excess of plan assets:
U.S. dollars (millions) (note2)
Japanese plans Foreign plans
2007 2007
Projected benefit obligations $0(9,868) $0,0(37)
Accumulated benefit obligations (8,931) (33)
Fair value of plan assets 6,272 21
Pension expense for each of the years in the three-year period ended March 31, 2007 included the following:
U.S. dollars
Yen (millions)
(millions) (note 2)
2005 2006 2007 2007
Japanese plans:
Service cost-benefits earned during the year ¥(40,963 ¥(41,271 ¥(42,115 $(357
Interest cost on projected benefit obligations 32,368 31,788 23,809 202
Expected return on plan assets (33,589) (33,102) (27,580) (234)
Amortization of actuarial loss (gain) 32,799 28,394 16,326 138
Amortization of net transition obligation 1,035 1,992 1,992 17
Amortization of prior service cost (benefit) (5,913) (6,945) (7,289) (62)
¥(67,663 ¥(63,398 ¥(49,373 $(418
Foreign plans:
Service cost-benefits earned during the year ¥(17,560 ¥(25,121 ¥(30,492 $(258
Interest cost on projected benefit obligations 14,445 18,838 22,373 190
Expected return on plan assets (17,418) (21,013) (27,597) (234)
Amortization of actuarial loss (gain) 1,948 4,192 5,041 43
Amortization of net transition obligation 76 62 41 0
Amortization of prior service cost (benefit) 552 577 752 6
¥(17,163 ¥(27,777 ¥(31,102 $(263