Kodak 2008 Annual Report Download - page 90

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Changes in plan assets and benefit obligations recognized in other comprehensive income (loss) during 2008 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 loss $ 1,810 $ 360
Newly established prior service cost (credit) 3 (7)
Amortization of:
Prior service cost (1) (1)
Net actuarial loss (4) (48)
Prior service cost recognized due to
curtailment 1-
Net curtailment gain not recognized in
expense 10 4
Net gain recognized in expense due to
settlements -(11)
Total amount recognized in Other
comprehensive income (loss) $ 1,819 $ 297
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 is $18 million and $2 million, respectively.
Pension (income) expense from continuing operations for all defined benefit plans included:
For the Year Ended December 31,
(in millions) 2008 2007 2006
U.S. Non-U.S. U.S. Non-U.S. U.S. Non-U.S.
Major defined benefit plans:
Service cost $ 54 $ 20 $ 71 $ 27 $ 92 $ 35
Interest cost 307 219 304 205 325 180
Expected return on plan assets (545) (261) (537) (259) (525) (224)
Amortization of:
Transition asset - - - - - (1)
Prior service cost 1 1 - 1 1 13
Actuarial loss 4 48 658 882
Pension (income) expense before
special termination benefits,
curtailments and settlements (179) 27 (156) 32 (99) 85
Special termination benefits 36 4 61 14 15 41
Curtailment gains (13) (6) (25) (4) (50) (6)
Settlement (gains) losses - 1(61)(4)(27)(8)
Net pension (income) expense
for major defined benefit plans (156) 26 (181) 38 (161) 112
Other plans including unfunded plans - 8 - 12 -22
Net pension (income) expense from
continuing operations $ (156)$ 34 $ (181)$ 50 $ (161) $ 134