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McKESSON CORPORATION
FINANCIAL NOTES (Continued)
82
The accumulated benefit obligations for our pension plans were $667 million at March 31, 2012 and
$622 million at March 31, 2011. The following table provides the projected benefit obligation, accumulated benefit
obligation and fair value of plan assets for all our pension plans with an accumulated benefit obligation in excess of
plan assets.
March 31,
(In millions) 2012 2011
Projected benefit obligation $ 670 $ 533
Accumulated benefit obligation 667 529
Fair value of plan assets 410 319
Amounts recognized in accumulated other comprehensive income consist of:
March 31,
(In millions) 2012 2011
N
et actuarial loss $ 274 $ 239
Prior service cost 1 2
N
et transition obligation 1 1
Total $ 276 $ 242
Other changes in plan assets and benefit obligations recognized in other comprehensive income during the
reporting periods were as follows:
Years Ended March 31,
(In millions) 2012 2011 2010
N
et actuarial loss $ 61 $ 10 $ 59
Prior service credit — — (2)
Amortization of:
Net actuarial loss (25) (26) (23)
Prior service cost (2) (2) (2)
Total recognized in net periodic benefit cost and other
comprehensive loss (income) $ 34 $ (18) $ 32
We expect to amortize $2 million of prior service cost and $30 million of actuarial loss for the pension plans
from stockholders’ equity to pension expense in 2013. Comparable 2012 amounts were $2 million and $25 million.
Projected benefit obligations relating to our unfunded U.S. plans were $167 million and $154 million at
March 31, 2012 and 2011. Pension obligations for our unfunded plans are funded based on the recommendations of
independent actuaries.
Expected benefit payments for our pension plans are as follows: $43 million, $33 million, $144 million,
$36 million and $33 million for 2013 to 2017 and $190 million for 2018 through 2022. Expected benefit payments
are based on the same assumptions used to measure the benefit obligations and include estimated future employee
service. Expected contributions to be made for our pension plans are $38 million for 2013.