Motorola 2009 Annual Report Download - page 113

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105
The weighted-average pension plan asset allocation by asset categories:
Actual Mix
December 31 2009 2008
Equity securities 65% 63%
Fixed income securities 32% 34%
Cash and other investments 3% 3%
Within the equity securities asset class, the investment policy provides for investments in a broad range of
publicly-traded securities including both domestic and international stocks. Within the fixed income securities
asset class, the investment policy provides for investments in a broad range of publicly-traded debt securities
ranging from U.S. Treasury issues, corporate debt securities, mortgage and asset-backed securities, as well as
international debt securities. In the cash and other investments asset class, investments may be in cash, cash
equivalents or insurance contracts.
The Company expects to make cash contributions of approximately $150 million to its U.S. pension plans
and approximately $50 million to its non-U.S. pension plans in 2010.
The following benefit payments, which reflect expected future service, as appropriate, are expected to be
paid:
Officers
and Non
Year Regular MSPP U.S.
2010 $ 267 $ 8 $ 45
2011 247 5 47
2012 256 7 49
2013 272 5 51
2014 285 2 53
2015-2019 1,714 22 303
Postretirement Health Care Plan
Certain health care benefits are available to eligible domestic employees meeting certain age and service
requirements upon termination of employment (the ‘‘Postretirement Health Care Benefits Plan’’). For eligible
employees hired prior to January 1, 2002, the Company offsets a portion of the postretirement medical costs to
the retired participant. As of January 1, 2005, the Postretirement Health Care Benefit Plan has been closed to
new participants. The benefit obligation and plan assets for the Postretirement Health Care Benefit Plan have
been measured as of December 31, 2009.
The assumptions used were as follows:
December 31 2009 2008
Discount rate for obligations 5.75% 6.75%
Investment return assumptions 8.25% 8.50%
Net Postretirement Health Care Benefit Plan expenses were as follows:
Years Ended December 31 2009 2008 2007
Service cost $6 $6 $7
Interest cost 27 26 23
Expected return on plan assets (18) (20) (19)
Amortization of:
Unrecognized net loss 756
Unrecognized prior service cost (2) (2) (2)
Net postretirement health care expense $20 $15 $15