Kodak 2001 Annual Report Download - page 71

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69
Changes in the Company’s benefit obligation, plan assets and funded status for major plans are as follows:
2001 2000
(in millions) U.S. Non-U.S. U.S. Non-U.S.
Change in Benefit Obligation
Projected benefit obligation at January 1 $5,530 $ 1,805 $5,798 $ 1,905
Service cost 94 33 89 35
Interest cost 406 101 408 114
Participant contributions –6–12
Plan amendment ––(67) (3)
Benefit payments (555) (106) (578) (111)
Actuarial loss (gain) 182 21 (115) 12
Settlements –(3) –(13)
Curtailments ––(5) –
Currency adjustments –(75) –(120)
Projected benefit obligation at December 31 $5,657 $ 1,782 $5,530 $ 1,831
Change in Plan Assets
Fair value of plan assets at January 1 $7,290 $ 1,880 $7,340 $ 1,917
Actual return on plan assets (418) (115) 528 187
Employer contributions –33 –38
Participant contributions –6–12
Benefit payments (555) (106) (578) (111)
Settlements –(3) –(13)
Currency adjustments –(75) –(126)
Other –5–1
Fair value of plan assets at December 31 $6,317 $ 1,625 $7,290 $ 1,905
Funded Status at December 31 $660 $ (157) $1,760 $ 74
Unamortized:
Transition asset (56) (22) (115) (33)
Net (gain) loss (125) 338 (1,323) 65
Prior service cost 35312
Net amount recognized at December 31 $482 $ 164 $325 $ 118
Amounts recognized in the Statement of Financial Position for major plans are as follows:
Prepaid pension cost $482 $ 180 $325 $ 139
Accrued benefit liability –(16) –(21)
Net amount recognized at December 31 $482 $ 164 $325 $ 118
The prepaid pension cost asset amounts for the U.S. and Non-U.S. for 2001 of $482 million and $180 million, respectively, and $325 million and
$139 million, respectively, for 2000 are included in other long-term assets.