Kimberly-Clark 2015 Annual Report Download - page 50

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InformationforPensionPlanswithanABOinExcessofPlanAssets
December 31
2015
2014
PBO $ 2,115
$ 4,983
ABO 2,096
4,908
Fairvalueofplanassets 1,696
4,111
ComponentsofNetPeriodicBenefitCost
Pension Benefits
Other Benefits
Year Ended December 31
2015
2014
2013
2015
2014
2013
Servicecost $ 38
$ 46
$ 53
$ 12
$ 13
$ 17
Interestcost 187
279
257
32
35
32
Expectedreturnonplanassets(a)
(215)
(332)
(331)
—
—
—
Recognizednetactuarialloss 75
100
120
—
—
3
Curtailments —
—
(32)
—
—
—
Settlements 1,357
20
1
—
—
—
Other (10)
(3)
1
(1)
(1)
(2)
Netperiodicbenefitcost $ 1,432
$ 110
$ 69
$ 43
$ 47
$ 50
(a)Theexpectedreturnonplanassetsisdeterminedbymultiplyingthefairvalueofplanassetsattheremeasurementdate,typicallytheprioryear-endadjustedforestimatedcurrentyearcash
benefitpaymentsandcontributions,bytheexpectedlong-termrateofreturn.
Weighted-AverageAssumptionsUsedtoDetermineNetCostforYearsEndedDecember31
Pension Benefits
Other Benefits
Projected 2016
2015
2014
2013
2015
2014
2013
Discountrate 3.91%
3.86%
4.66%
4.04%
4.28%
4.97%
3.97%
Expectedlong-termreturnonplan
assets 4.84%
5.21%
5.98%
6.26%
—
—
—
Rateofcompensationincrease 2.32%
2.63%
2.67%
2.73%
—
—
—
Weighted-AverageAssumptionsUsedtoDetermineBenefitObligationsatDecember31
Pension Benefits
Other Benefits
2015
2014
2015
2014
Discountrate 3.91%
3.83%
4.59%
4.28%
Rateofcompensationincrease 2.32%
2.63%
—
—
46 KIMBERLY-CLARKCORPORATION - 2015 Annual Report