Intel 2007 Annual Report Download - page 92

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Table of Contents
INTEL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
The following table summarizes the amounts recorded to accumulated other comprehensive income (loss) before taxes, as of
December 29, 2007:
The following table summarizes the amounts recognized on the consolidated balance sheet as of December 30, 2006:
Included in the aggregate data in the tables below are the amounts applicable to our pension plans with accumulated benefit
obligations in excess of plan assets, as well as plans with projected benefit obligations in excess of plan assets. Amounts
related to such plans were as follows:
Assumptions
Weighted-average actuarial assumptions used to determine benefit obligations for the plans were as follows:
For the postretirement medical benefit plan, an increase in the assumed healthcare cost trend rate of one percentage point each
year would not have a significant impact on the benefit obligation because the plan provides defined credits that the retiree can
use to pay all or a portion of the cost to purchase medical coverage.
83
U.S. Pension
Non
-
U.S. Pension
Postretirement
(In Millions)
Benefits
Benefits
Medical Benefits
Net prior service cost
$
—
$
—
$
(
21
)
Net actuarial gain (loss)
(49
)
(144
)
6
Reclassification adjustment of transition obligation
—
(
2
)
—
Defined benefit plans, net
$
(49
)
$
(146
)
$
(15
)
U.S. Pension
Non
-
U.S. Pension
Postretirement
(In Millions)
Benefits
Benefits
Medical Benefits
-
term assets
$
—
$
44
$
—
Accrued compensation and benefits
—
(
6
)
(9
)
-
term liabilities
(100
)
(277
)
(194
)
Accumulated other comprehensive loss
91
208
21
Net amount recognized
$
(9
)
$
(31
)
$
(182
)
U.S. Pension
Non
-
U.S. Pension
Benefits
Benefits
(In Millions)
2007
2006
2007
2006
Plans with accumulated benefit obligations in excess of plan assets:
Accumulated benefit obligations
$
—
$
—
$
155
$
330
Plan assets
$
—
$
—
$
31
$
211
Plans with projected benefit obligations in excess of plan assets:
Projected benefit obligations
$
291
$
345
$
573
$
494
Plan assets
$
227
$
245
$
274
$
211
U.S. Pension
Non
-
U.S. Pension
Postretirement
Benefits
Benefits
Medical Benefits
2007
2006
2007
2006
2007
2006
Discount rate
5.6
%
5.5
%
5.5
%
5.3
%
5.6
%
5.5
%
Rate of compensation increase
5.0
%
5.0
%
4.5
%
4.6
%
—
—