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76
Components of net periodic benefit cost and other supplemental information for the years ended December 31
follow:
Components of net periodic benefit cost and other amounts recognized in other comprehensive income
Qualified and Non-qualified
Pension Benefits Postretirement
United States International Benefits
(Millions) 2008 2007 2006 2008 2007 2006 2008 2007 2006
Net periodic benefit cost
Service cost ..................... $ 192
$ 192 $ 196 $ 120 $ 125 $ 124
$ 53
$57 $58
Interest cost ..................... 597
568 539 252 228 183
100
104 104
Expected return on plan
assets........................... (889 ) (840 ) (764 ) (305 ) (290 ) (245 ) (104 ) (107 ) (103 )
Amortization of transition
(asset) obligation.......... —
— — 3
3 3
—
— —
Amortization of prior
service cost (benefit).... 15
14 13 (2 ) (2 ) (3 ) (97 ) (72 ) (50 )
Amortization of net
actuarial (gain) loss...... 58
126 202 38 55 63
64
74 84
Net periodic benefit cost...... $ (27 ) $ 60 $ 186 $ 106 $ 119 $ 125
$ 16
$56 $93
Settlements, curtailments,
special termination
benefits and other............ 7
7 32 3
4 4
—
9 —
Net periodic benefit cost
after settlements,
curtailments, special
termination benefits and
other................................. $ (20 ) $ 67 $ 218 $ 109 $ 123 $ 129
$ 16
$65 $93
The estimated amortization from accumulated other comprehensive income into net periodic benefit cost in 2009
follows:
Amounts expected to be amortized from accumulated other comprehensive income into net periodic benefit
costs over next fiscal year
Qualified and Non-qualified
Pension Benefits
(Millions)
United
States International
Postretirement
Benefits
Amortization of transition (asset) obligation .................... $ — $ 3 $ —
Amortization of prior service cost (benefit)...................... 16 (5 ) (81 )
Amortization of net actuarial (gain) loss .......................... 96 42 73
$ 112 $ 40 $ (8 )
Other supplemental information for the years ended December 31 follows:
Weighted-average assumptions used to determine benefit obligations
Qualified and Non-qualified Pension Benefits Postretirement
United States International Benefits
2008 2007 2006 2008 2007 2006 2008 2007 2006
Discount rate .......... 6.14 % 6.00 % 5.75 % 5.53 % 5.39 % 4.88 % 6.14 % 6.00 % 5.75 %
Compensation rate increase 4.30 % 4.30 % 4.30 % 3.50 % 3.82 % 3.67 % N/A
N/A N/A
Weighted-average assumptions used to determine net cost for years ended
2008 2007 2006 2008 2007 2006 2008 2007 2006
Discount rate ........................... 6.00 % 5.75 % 5.50 % 5.39 % 4.88 % 4.50 % 6.00 % 5.75 % 5.50 %
Expected return on assets ...... 8.50 % 8.75 % 8.75 % 7.19 % 7.19 % 7.20 % 8.60 % 8.60 % 8.60 %
Compensation rate increase ... 4.30 % 4.30 % 4.30 % 3.82 % 3.67 % 3.52 % N/A
N/A N/A