Kodak 2009 Annual Report Download - page 95

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Information regarding the major funded and unfunded U.S. and Non-U.S. defined benefit plans follows:
(in millions) 2009 2008
U.S. Non-U.S. U.S. Non-U.S.
Change in Benefit Obligation
Projected benefit obligation at January 1 $ 4,602 $ 3,005 $ 4,963 $ 4,217
Acquisitions/divestitures/other transfers (1) 2 3 -
Service cost 52 15 54 20
Interest cost 293 181 307 218
Participant contributions - 9 - 6
Plan amendment - 3 3 (7)
Benefit payments (663) (237) (576) (254)
Actuarial (gain) loss 500 373 (186) (399)
Curtailments (19) (3) (2) (2)
Settlements - (4) - -
Special termination benefits 78 5 36 4
Currency adjustments - 223 - (798)
Projected benefit obligation at December 31 $ 4,842 $ 3,572 $ 4,602 $ 3,005
Change in Plan Assets
Fair value of plan assets at January 1 $ 5,098 $ 2,349 $ 7,098 $ 3,614
Acquisitions/divestitures - 4 - -
Actual gain (loss) on plan assets 292 152 (1,453) (492)
Employer contributions 31 90 29 72
Participant contributions - 9 - 6
Settlements - (4) - -
Benefit payments (663) (237) (576) (254)
Currency adjustments - 170 - (597)
Fair value of plan assets at December 31 $ 4,758 $ 2,533 $ 5,098 $ 2,349
Over (Under) Funded Status at December 31 $ (84) $ (1,039) $ 496 $ (656)
Accumulated benefit obligation at December 31 $ 4,683 $ 3,473 $ 4,392 $ 2,926
The decline in funded status from December 31, 2008 to December 31, 2009 was primarily due to lower discount rates.
Amounts recognized in the Consolidated Statement of Financial Position for all major funded and unfunded U.S. and Non-U.S.
defined benefit plans were as follows:
As of December 31,
(in millions) 2009 2008
U.S. Non-U.S. U.S. Non-U.S.
Other long-term assets $ 131 $ 16 $ 717 $ 48
Accounts payable and other current liabilities (21) - (22) (1)
Pension and other postretirement liabilities (194) (1,055) (199) (703)
Net amount recognized $ (84) $ (1,039) $ 496 $ (656)