Honeywell 2003 Annual Report Download - page 414
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2003 2002 2001 2003 2002 2001
----------------------------------------------------------------------------------------------------------
Actuarial assumptions used to determine benefit
obligations as of December 31
(measurement date):
Discount rate ................................................ 6.00% 6.75% 7.25% 6.00% 6.75% 7.25%
Expected annual rate of compensation increase ................ 4.00% 4.00% 4.00% -- -- --
Actuarial assumptions used to determine net
periodic benefit cost (income) for years ended
December 31:
Discount rate ................................................ 6.75% 7.25% 7.75% 6.75% 7.25% 7.75%
Expected rate of return on plan assets ....................... 9.00% 10.00% 10.00% -- -- --
Expected annual rate of compensation increase ................ 4.00% 4.00% 4.00% -- -- --
==========================================================================================================
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