Kodak 2007 Annual Report Download - page 83

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Amounts recognized in accumulated other comprehensive income (loss) for the Company’s U.S., United Kingdom, and Canada plans consist of:
(in millions) As of December 31,
2007 2006
Prior service credit $ (145) $ (123)
Net actuarial loss 538 923
Total $ 393 $ 800
Changes in benefit obligations recognized in other comprehensive income (loss) during 2007 for the Company’s U.S., United Kingdom, and Canada plans
follows:
(in millions)
Newly established gain $ (317)
Newly established prior service credit (88)
Amortization of:
Prior service credit 38
Net actuarial loss (49)
Prior service credit recognized due to curtailment 28
Net curtailment gain not recognized in expense (9)
Net loss recognized in expense due to settlement (10)
Total amount recognized in other comprehensive income (loss) $ (407)
Other postretirement benefit cost from continuing operations for the Company’s U.S., United Kingdom and Canada plans included:
For the Year Ended December 31,
(in millions) 2007 2006 2005
Components of net postretirement benefit cost
Service cost $ 8 $ 11 $ 14
Interest cost 165 166 170
Amortization of:
Prior service cost (38) (46) (52)
Actuarial loss 49 50 68
Other postretirement benefit cost before curtailment and settlement gains 184 181 200
Curtailment gains (8) (17) (28)
Settlement gains (1) — —
Net other postretirement benefit cost from continuing operations $ 175 $ 164 $ 172
The estimated prior service credit and net actuarial loss that will be amortized from accumulated other comprehensive income (loss) into net periodic
benefit cost over the next fiscal year is $40 million and $25 million, respectively.
The U.S. plan represents approximately 96% of the total other postretirement net benefit obligation as of December 31, 2007 and 2006 and, therefore, the
weighted-average assumptions used to compute the other postretirement benefit amounts approximate the U.S. assumptions.