Kodak 2007 Annual Report Download - page 79

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Information with respect to the major funded and unfunded U.S. and Non-U.S. defined benefit plans with an accumulated benefit obligation in excess of
plan assets is as follows:
As of December 31,
(in millions) 2007 2006
U.S. Non-U.S. U.S. Non-U.S.
Projected benefit obligation $ 218 $ 3,319 $ 387 $ 3,723
Accumulated benefit obligation 211 3,203 368 3,554
Fair value of plan assets — 2,624 136 3,012
Amounts recognized in accumulated other comprehensive income (loss) for all major funded and unfunded U.S. and Non-U.S. defined benefit plans
consist of:
As of December 31,
(in millions) 2007 2006
U.S. Non-U.S. U.S. Non-U.S.
Net transition obligation $ — $ 1 $ — $ 2
Prior service cost 7 3 2 6
Net actuarial (gain) loss (977) 871 (429) 903
Total $ (970) $ 875 $ (427) $ 911
Changes in plan assets and benefit obligations recognized in other comprehensive income (loss) during 2007 for all major funded and unfunded U.S. and
Non-U.S. defined benefit plans follows:
(in millions) U.S. Non-U.S.
Newly established (gain) loss $ (635) $ 38
Newly established prior service cost 7 —
Amortization of:
Prior service cost — (1)
Net actuarial loss (6) (58)
Prior service cost recognized due to curtailment (2) (2)
Transition obligation recognized due to curtailment — (1)
Net curtailment gain not recognized in expense (15) (18)
Net gain recognized in expense due to settlements 108 6
Total amount recognized in other comprehensive income (loss) $ (543) $ (36)
The estimated actuarial loss and prior service cost that will be amortized from accumulated other comprehensive income (loss) into net periodic pension
cost over the next year for all major plans are $69 million and $1 million, respectively.