Kroger 2010 Annual Report Download - page 146

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A-66
NO T E S T O CO N S O L I D A T E D FI N A N C I A L ST A T E M E N T S , CO N T I N U E D
The Company uses the RP-2000 projected 2015 mortality table in calculating the pension obligation.
Pension Benefits
Qualified Plans
Non-Qualified
Plan Other Benefits
2010 2009 2008 2010 2009 2008 2010 2009 2008
Components of net periodic
benefit cost:
Service cost....................... $ 40 $ 35 $ 39 $ 2 $ 2 $ 2 $ 12 $ 10 $ 10
Interest cost ...................... 158 158 151 12 11 10 17 18 18
Expected return on plan assets........ (196) (191) (178) — —
Amortization of:
Prior service cost................ (1) 2 2 (5) (7) (7)
Actuarial (gain) loss .............. 44 8 11 66 8 (3) (5) (3)
Net periodic benefit cost ............... $ 46 $ 10 $ 23 $ 19 $ 21 $ 22 $ 21 $ 16 $ 18
The following table provides the projected benefit obligation (“PBO”), accumulated benefit obligation
(“ABO”) and the fair value of plan assets for all Company-sponsored pension plans.
Qualified Plans Non-Qualified Plan
2010 2009 2010 2009
PBO at end of fiscal year ......................... $2,923 $ 2,706 $ 192 $ 187
ABO at end of fiscal year ......................... $2,743 $ 2,506 $ 187 $ 172
Fair value of plan assets at end of year .............. $2,472 $ 2,096 $ $ —
The following table provides information about the Company’s estimated future benefit payments.
Pension
Benefits
Other
Benefits
2011 ....................................................... $ 132 $ 18
2012 ....................................................... $ 142 $ 18
2013 ....................................................... $ 154 $ 20
2014 ....................................................... $ 164 $ 21
2015 ....................................................... $ 175 $ 23
2016 – 2020 ................................................. $1,054 $144