Pizza Hut 2009 Annual Report Download - page 183

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92
Amounts recognized in the Consolidated Balance Sheet:
U.S. Pension Plans International Pension Plans
2009 2008 2009 2008
Accrued benefit liability – current $ (8
)
$ (11 ) $
$
Accrued benefit liability – non-current (167
)
(399 )
(29
)
(43 )
$ (175
)
$ (410 ) $ (29
)
$ (43 )
Amounts recognized as a loss in Accumulated Other Comprehensive Income:
U.S. Pension Plans International Pension Plans
2009 2008 2009 2008
Actuarial net loss $ 342 $ 371 $ 48 $ 41
Prior service cost 4 3
$ 346 $ 374 $ 48 $ 41
The accumulated benefit obligation for the U.S. and International pension plans was $1,099 million and $970 million at
December 26, 2009 and December 27, 2008, respectively.
I
nformation for pension plans with an accumulated benefit obligation in excess of plan assets:
U.S. Pension Plans International Pension Plans
2009 2008 2009 2008
Projected benefit obligation $ 1,010 $ 923 $ 82 $ 63
Accumulated benefit obligation 958 867 76 58
Fair value of plan assets 835 513 71 34
I
nformation for pension plans with a projected benefit obligation in excess of plan assets:
U.S. Pension Plans International Pension Plans
2009 2008 2009 2008
Projected benefit obligation $ 1,010 $ 923 $ 170 $ 126
Accumulated benefit obligation 958 867 141 103
Fair value of plan assets 835 513 141 83
Our funding policy with respect to the U.S. Plan is to contribute amounts necessary to satisfy minimum pension funding
requirements, including requirements of the Pension Protection Act of 2006, plus such additional amounts from time to
time as are determined to be appropriate to improve the U.S. Plan’s funded status. We currently do not plan to make any
contributions to the U.S. Plan in 2010.
Form 10-K