Amtrak 2013 Annual Report Download - page 95

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National Railroad Passenger Corporation and Subsidiaries (Amtrak)
Notes to Consolidated Financial Statements (continued)
1411-1359280 56
13. Postretirement Employee Benefits (continued)
Pension and other postretirement benefit amounts recognized in accumulated other
comprehensive loss at September 30, 2013 and 2012 are as follows (in thousands):
Pension Benefits Other Benefits
2013 2012 2013 2012
N
et loss $ 76,202
$ 157,141
$ 456,780
$ 609,510
Prior service cost ––(161,216) 30,793
N
et amount recognize
d
$ 76,202
$ 157,141
$ 295,564
$ 640,303
Components of Net Periodic Benefit Cost
The following table provides the components of net periodic benefit cost for the plans for the
fiscal years ended September 30, 2013 and 2012 (in thousands):
Pension Benefits Other Benefits
2013 2012 2013 2012
Service cost $ 17,692
$ 16,408
$ 40,852
$ 28,378
Interest cost 19,551 19,863 57,987 46,870
Expected return on plan assets (26,048) (22,086) ––
Amortization of prior service cost ––3,971 3,971
Amortization of net loss 11,930 19,720 46,723 29,475
N
et periodic benefit cos
t
$ 23,125
$ 33,905
$ 149,533
$ 108,694
The estimated net loss for the defined benefit pension plan that will be amortized from
accumulated other comprehensive loss into net periodic benefit cost over the next year is
$3.7 million.
The estimated net loss and prior service cost for the other defined benefit postretirement plans
that will be amortized from accumulated other comprehensive loss into net periodic benefit cost
over the next year are $34.4 million and a credit of $21.8 million, respectively.