Albertsons 2016 Annual Report Download - page 89
Download and view the complete annual report
Please find page 89 of the 2016 Albertsons annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79 -
80 -
81 -
82 -
83 -
84 -
85 -
86 -
87 -
88 -
89 -
90 -
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
 |
 |
87
Amounts recognized in the Consolidated Balance Sheets consist of the following:
Pension Benefits Other Postretirement
Benefits
2016 2015 2016 2015
Accrued vacation, compensation and benefits $ (2) $ (2) $ (4) $ (6)
Pension and other postretirement benefit obligations (543)(530)(35)(72)
Total $ (545) $ (532) $ (39) $ (78)
Amounts recognized in Accumulated other comprehensive loss for the defined benefit pension and other postretirement benefit
plans consist of the following:
Pension Benefits Other Postretirement
Benefits
2016 2015 2016 2015
Prior service benefit $ — $ — $ 50 $ 45
Net actuarial loss (693)(696)(17)(28)
Total recognized in Accumulated other comprehensive
loss $(693) $ (696) $ 33 $ 17
Total recognized in Accumulated other comprehensive
loss, net of tax $(438) $ (432) $ 20 $ 9
Net periodic benefit cost (income) and other changes in plan assets and benefit obligations recognized in Other comprehensive
income (loss) for defined benefit pension and other postretirement benefit plans consist of the following:
Pension Benefits Other Postretirement Benefits
2016 2015 2014 2016 2015 2014
Net Periodic Benefit Cost (Income)
Service cost $ — $ — $ — $ — $ 1 $ 2
Interest cost 106 121 121 3 4 4
Expected return on plan assets (142) (149)(141) — — —
Amortization of prior service benefit — — — (15)(16)(13)
Amortization of net actuarial loss 79 68 101 3 3 5
Settlement — 64 — — — —
Net periodic benefit cost (income) 43 104 81 (9)(8)(2)
Other Changes in Plan Assets and Benefit
Obligations Recognized in Other
Comprehensive Income (Loss)
Prior service benefit — — — (21)(5)(11)
Amortization of prior service benefit — — — 15 16 12
Net actuarial loss (gain) 76 195 (259)(7) 6 (16)
Amortization of net actuarial loss (79) (66)(101)(3)(3)(5)
Total expense (benefit) recognized in Other
comprehensive income (loss) (3) 129 (360)(16) 14 (20)
Total expense (benefit) recognized in net
periodic benefit cost (income) and Other
comprehensive income (loss) $ 40 $ 233 $ (279) $ (25) $ 6 $ (22)
The estimated net actuarial loss that will be amortized from Accumulated other comprehensive loss into net periodic benefit
cost for the defined benefit pension plans during fiscal 2017 is $45. The estimated net amount of prior service benefit and net
actuarial loss for the postretirement benefit plans that will be amortized from Accumulated other comprehensive loss into net
periodic benefit cost during fiscal 2017 is $13.