Macy's 2015 Annual Report Download - page 84

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
F-35
Supplementary Retirement Plan
The following provides a reconciliation of benefit obligations, plan assets and funded status of the supplementary
retirement plan as of January 30, 2016 and January 31, 2015:
2015 2014
(millions)
Change in projected benefit obligation
Projected benefit obligation, beginning of year ....................................................... $ 920 $ 770
Service cost .............................................................................................................. — —
Interest cost .............................................................................................................. 31 33
Actuarial (gain) loss ................................................................................................. (70) 170
Benefits paid............................................................................................................. (58)(53)
Projected benefit obligation, end of year ................................................................. 823 920
Change in plan assets
Fair value of plan assets, beginning of year ............................................................. — —
Company contributions ............................................................................................ 58 53
Benefits paid............................................................................................................. (58)(53)
Fair value of plan assets, end of year ....................................................................... — —
Funded status at end of year ............................................................................................ $ (823) $ (920)
Amounts recognized in the Consolidated Balance Sheets at
January 30, 2016 and January 31, 2015
Accounts payable and accrued liabilities ................................................................. $ (138) $ (69)
Other liabilities......................................................................................................... (685)(851)
$(823) $ (920)
Amounts recognized in accumulated other comprehensive loss at
January 30, 2016 and January 31, 2015
Net actuarial loss ...................................................................................................... $ 261 $ 341
Prior service cost ...................................................................................................... 8 8
$ 269 $ 349
The accumulated benefit obligation for the supplementary retirement plan was $823 million as of January 30, 2016
and $920 million as of January 31, 2015.