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Defined Benefit Plans
The non-U.S. pension plans are not significant and use economic assumptions similar to the U.S. pension
plan and therefore are not shown separately in the following disclosures.
Obligations and funded status at December 31:
2009 2008 2009 2008
Pension Benefits
Other
Postretirement
Benefits
Change in Benefit Obligation:
Benefit obligation at beginning of year . . . . . . . . . . . . . . . . . $ 734.4 $ 762.2 $ 45.1 $ 47.8
Service cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.5 3.5 1.2 1.5
Interest cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43.2 45.0 2.6 2.7
Contributions by plan participants. . . . . . . . . . . . . . . . . . . 2.3 3.5 3.9 3.6
Actuarial loss (gain) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36.5 (6.7) (0.7) (4.6)
Benefits paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (60.5) (53.9) (6.6) (5.9)
Foreign currency exchange rate changes . . . . . . . . . . . . . 7.9 (20.8) — —
Plan adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3.3) — — —
Settlement, curtailment or special termination losses . . . . 7.6 1.6 (0.3) —
Benefit obligation at end of year . . . . . . . . . . . . . . . . . . . . . 770.6 734.4 45.2 45.1
Change in Plan Assets:
Fair value of plan assets at beginning of year . . . . . . . . . . . 469.0 714.4 — —
Actual return on plan assets. . . . . . . . . . . . . . . . . . . . . . . 99.7 (177.4) — —
Contributions by the employer . . . . . . . . . . . . . . . . . . . . . 89.7 4.3 2.7 2.3
Benefits paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (60.5) (53.9) (6.6) (5.9)
Foreign currency exchange rate changes . . . . . . . . . . . . . 7.9 (21.9) — —
Plan adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (2.2) — — —
Contributions by plan participants. . . . . . . . . . . . . . . . . . . 2.3 3.5 3.9 3.6
Fair value of plan assets at end of year . . . . . . . . . . . . . . . . 605.9 469.0 — —
Unfunded status at end of year . . . . . . . . . . . . . . . . . . . . . . $(164.7) $(265.4) $(45.2) $(45.1)
Effective December 31, 2009, disclosures for the Company’s immaterial plans are included in the Plan
adjustments lines in the table above.
For 2009, the Settlement, curtailment or special termination losses in the table above was primarily due to
curtailment losses recognized from restructuring related activity in the U.S.
Amounts recognized in the Consolidated Statements of Financial Position:
2009 2008 2009 2008
Pension Benefits
Other
Postretirement
Benefits
Noncurrent assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 5.5 $ 7.2 $ — $ —
Current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (1.2) (1.3) (3.6) (4.1)
Noncurrent liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . (169.0) (271.3) (41.6) (41.0)
Net amount recognized . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(164.7) $(265.4) $(45.2) $(45.1)
117