Macy's 2011 Annual Report Download - page 69

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
F-29
Supplementary Retirement Plan
The following provides a reconciliation of benefit obligations, plan assets and funded status of the supplementary
retirement plan as of January 28, 2012 and January 29, 2011:
2011 2010
(millions)
Change in projected benefit obligation
Projected benefit obligation, beginning of year ....................................................... $ 688 $ 680
Service cost .............................................................................................................. 6 6
Interest cost .............................................................................................................. 36 37
Actuarial loss............................................................................................................ 90 22
Benefits paid............................................................................................................. (49)(57)
Projected benefit obligation, end of year ................................................................. $ 771 $ 688
Change in plan assets
Fair value of plan assets, beginning of year............................................................. $ — $ —
Company contributions ............................................................................................ 49 57
Benefits paid............................................................................................................. (49)(57)
Fair value of plan assets, end of year ....................................................................... — —
Funded status at end of year............................................................................................ $ (771) $ (688)
Amounts recognized in the Consolidated Balance Sheets at
January 28, 2012 and January 29, 2011
Accounts payable and accrued liabilities ................................................................. $ (55) $ (52)
Other liabilities......................................................................................................... (716)(636)
$(771) $ (688)
Amounts recognized in accumulated other comprehensive (income) loss at
January 28, 2012 and January 29, 2011
Net actuarial loss...................................................................................................... $ 195 $ 113
Prior service credit ................................................................................................... (1)(2)
$ 194 $ 111
The accumulated benefit obligation for the supplementary retirement plan was $739 million as of January 28, 2012 and
$645 million as of January 29, 2011.