Albertsons 2008 Annual Report Download - page 102

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SUPERVALU INC. and Subsidiaries
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
At February 23, 2008 and February 24, 2007, the accumulated benefit obligation for all defined benefit pension
plans exceeded the fair value of the respective plan assets.
Amounts recognized in accumulated other comprehensive losses for the defined benefit pension plans and other
postretirement benefit plans consists of the following:
Pension Benefits
Other
Postretirement
Benefits
2008 2007 2008 2007
Prior service cost (benefit) $ — $ 7 $ (2) $ (4)
Net actuarial loss 127 324 29 56
Total recognized in accumulated other comprehensive losses, before tax $127 $331 $27 $52
Total recognized in accumulated other comprehensive losses, after tax $ 79 $203 $16 $32
The estimated future benefit payments to be paid from the Company’s defined benefit pension plans and other
postretirement benefit plans, which reflect expected future service, are as follows:
Pension Benefits
Other
Postretirement
Benefits
Fiscal Year
2009 $ 69 $12
2010 75 12
2011 81 13
2012 88 14
2013 96 14
Years 2014-2018 614 81
Assumptions
Weighted average assumptions used for the defined benefit pension plans consist of the following:
2008 2007 (1) 2006
Weighted average assumptions used to determine benefit
obligations:
Discount rate 6.75% 5.70-5.85% 5.75%
Rate of compensation increase 3.75% 3.00-3.07% 3.00%
Weighted average assumptions used to determine net
periodic benefit cost: (2)
Discount rate (3) 5.85% 5.75-6.30% 6.00%
Rate of compensation increase 3.00% 3.00-3.07% 3.00%
Expected return on plan assets (4) 8.00% 8.00% 8.00%
F-36