Visa 2014 Annual Report Download - page 115
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VISA INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
September 30, 2014
Net periodic pension and other postretirement plan cost:
Pension Benefits
Other
Postretirement Benefits
Fiscal
2014 2013 2012 2014 2013 2012
(in millions)
Service cost ............................. $46 $43 $38 $— $— $—
Interest cost ............................. 42 35 40 111
Expected return on assets .................. (68) (61) (55) ———
Amortization of:
Prior service credit ........................ (8) (9) (9) (3) (3) (3)
Actuarial loss (gain) ....................... 128 33 (1) (1) —
Net benefit cost ........................... $13 $36 $47 $ (3) $ (3) $ (2)
Curtailment gain .......................... (3) —————
Settlement loss ........................... 3—3———
Total net periodic benefit cost ............... $13 $36 $50 $ (3) $ (3) $ (2)
Other changes in plan assets and benefit obligations recognized in other comprehensive
income:
Pension Benefits
Other
Postretirement Benefits
2014 2013 2014 2013
(in millions)
Current year actuarial loss (gain) ................... $18 $ (191) $ (2) $ (4)
Amortization of actuarial (loss) gain ................. (4) (28) 11
Current year prior service credit .................... (3) ———
Amortization of prior service credit .................. 11 933
Total recognized in other comprehensive income ...... $22 $ (210) $2 $—
Total recognized in net periodic benefit cost and other
comprehensive income ........................... $35 $ (174) $ (1) $ (3)
101