Kodak 2000 Annual Report Download - page 54

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Changes in the Company’s benefit obligation, plan assets and funded status for major plans are as follows:
2 0 0 0 1 9 9 9
(in millions) U . S . N o n - U . S . U . S . N o n - U . S .
Change in Benefit Obligation
P rojected benefit obligation at January 1 $5 , 7 9 8 $ 1 , 9 0 5 $6 , 5 2 3 $ 1 , 9 9 8
S e rvice cost 8 9 3 3 1 0 7 3 3
I n t e rest cost 4 0 8 1 0 7 4 2 6 1 1 1
P a rticipant contributions –1 1 –1 2
Plan amendment ( 6 7 ) ( 3 ) – –
Benefit payments ( 5 7 8 ) ( 1 0 4 ) ( 8 7 6 ) ( 1 1 8 )
Actuarial gain ( 1 1 5 ) ( 3 3 ) ( 3 7 0 ) ( 6 9 )
S e t t l e m e n t s –( 1 2 ) – –
C u rt a i l m e n t s ( 5 ) – ( 1 2 ) ( 1 6 )
C u rrency adjustments –( 1 4 3 ) –( 4 6 )
P rojected benefit obligation at December 31 $5 , 5 3 0 $ 1 , 7 6 1 $5 , 7 9 8 $ 1 , 9 0 5
Change in Plan Assets
Fair value of plan assets at January 1 $7 , 3 4 0 $ 1 , 9 1 7 $6 , 5 4 3 $ 1 , 8 2 4
Actual re t u rn on plan assets 5 2 8 1 7 6 1 , 6 7 3 2 1 7
Employer contributions –3 5 –3 3
P a rticipant contributions –1 1 –1 2
Benefit payments ( 5 7 8 ) ( 1 0 4 ) ( 8 7 6 ) ( 1 1 2 )
S e t t l e m e n t s –( 1 2 ) – –
C u rrency adjustments –( 1 4 3 ) –( 4 9 )
O t h e r – – –( 8 )
Fair value of plan assets at December 31 $7 , 2 9 0 $ 1 , 8 8 0 $7 , 3 4 0 $ 1 , 9 1 7
Funded Status at December 31 $1 , 7 6 0 $ 1 1 8 $1 , 5 4 2 $ 1 2
U n a m o rt i z e d :
Transition asset ( 1 1 5 ) ( 3 2 ) ( 1 7 4 ) ( 4 5 )
Net (gain) loss ( 1 , 3 2 3 ) 2 1 ( 1 , 2 5 1 ) 9 4
Prior service cost 31 2 7 2 2 3
Net amount recognized at December 31 $3 2 5 $ 1 1 9 $1 8 9 $ 8 4
Amounts recognized in the Statement of Financial Position for major plans are as follows:
2 0 0 0 1 9 9 9
(in millions) U . S . N o n - U . S . U . S . N o n - U . S .
P repaid pension cost $3 2 5 $ 1 3 9 $1 8 9 $ 1 1 1
A c c rued benefit liability –( 2 0 ) –( 2 7 )
Net amount recognized at December 31 $3 2 5 $ 1 1 9 $1 8 9 $ 8 4