Lexmark 2011 Annual Report Download - page 130
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Amounts recognized in Accumulated Other Comprehensive Income and Deferred Tax Accounts:
Pension Benefits
Other
Postretirement
Benefits
2011 2010 2011 2010
Net gain (loss) ......................................... $(445.9) $(369.8) $(2.7) $(4.1)
Prior service credit (cost) ................................ (0.2) (0.3) 0.3 3.7
Net amount recognized ................................... $(446.1) $(370.1) $(2.4) $(0.4)
The accumulated benefit obligation for all of the Company’s defined benefit pension plans was $814.4
million and $775.3 million at December 31, 2011 and 2010, respectively.
Pension plans with a benefit obligation in excess of plan assets at December 31:
2011 2010
Benefit
Obligation
Plan
Assets
Benefit
Obligation
Plan
Assets
Plans with projected benefit obligation in excess of plan
assets ............................................ $797.6 $564.3 $680.9 $513.2
Plans with accumulated benefit obligation in excess of plan
assets ............................................ 795.8 564.3 679.2 513.2
Components of net periodic benefit cost:
Pension Benefits
Other Postretirement
Benefits
2011 2010 2009 2011 2010 2009
Net Periodic Benefit Cost:
Service cost ............................... $ 3.2 $ 3.0 $ 2.5 $0.9 $1.0 $1.2
Interest cost ............................... 38.6 40.5 43.2 1.8 2.2 2.6
Expected return on plan assets ............... (44.6) (47.1) (49.0) — — —
Amortization of prior service cost (credit) ........ — — — (3.4) (3.4) (3.8)
Amortization of net loss ...................... 20.9 18.5 15.1 — — —
Settlement, curtailment or special termination loss
(gain) ................................... (0.1) 0.5 8.5 — — (0.5)
Net periodic benefit cost ....................... $18.0 $ 15.4 $ 20.3 $(0.7) $(0.2) $(0.5)
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