Autodesk 2015 Annual Report Download - page 188

2015 Form 10-K 96
Estimated Future Benefit Payments
Estimated benefit payments over the next 10 fiscal years are as follows:
Pension
Benefits
2016 $ 3.5
2017 3.4
2018 3.5
2019 3.3
2020 3.1
2021-2025 17.5
Funding Expectations
Our expected required funding for the plans during fiscal 2016 is approximately $4.6 million.
Net Periodic Benefit Cost
The components of net periodic pension cost for the defined benefit pension plans for fiscal 2015, 2014, and 2013 are as
follows:
Fiscal Year Ended January 31,
2015 2014 2013
Service cost for benefits earned during the period $ 4.6 $ 5.4 $ 4.5
Interest cost on projected benefit obligation 3.9 1.1 1.3
Expected return on plan assets (4.6) (0.8) (0.8)
Amortization of prior service credit (0.1) (0.1) (0.1)
Amortization of loss 0.6 1.0 0.7
Net periodic benefit cost $ 4.4 $ 6.6 $ 5.6
Amounts Recorded in OCI
The components of other comprehensive income for the defined benefit pension plans before taxes for fiscal 2015, 2014,
and 2013 are as follows:
Fiscal Year Ended January 31,
2015 2014 2013
Net loss (gain) for period $ 18.4 $ (3.9) $ 6.3
Amortization of prior service credit 0.1 0.1 0.1
Amortization of net loss (0.6) (1.0) (0.7)
Other comprehensive loss (income) $ 17.9 $ (4.8) $ 5.7
Amounts Recorded in AOCI
The amounts recorded in accumulated other comprehensive income loss before taxes at the end of each period were as
follows:
Fiscal Year Ended January 31,
2015 2014
Net prior service credit $ (1.8) $ (1.9)
Net actuarial loss 28.4 10.6
Accumulated other comprehensive loss, before tax $ 26.6 $ 8.7
2015 Annual Report