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80
Amounts recognize
d
in t
h
e conso
l
i
d
ate
d
b
a
l
ance s
h
eets at
December 31, 2008 and 2007 are as follows
:
Decem
b
er 3
1
J
apanese plan
s
F
oreign plan
s
Millions o
f
yen
Thousands o
f
U.S.
d
o
ll
ar
s
Millions o
f
ye
n
Thousands o
f
U.S.
d
o
ll
ar
s
2008 2007 2008 2008
2
00
7
2008
Ot
h
er assets ¥ 806 ¥ 41
,
56
7
$ 8,857 ¥ 2,461 ¥ 34
7
$ 27,044
Accrued ex
p
ense
s
—
—
— (70)
(
157
)
(769)
Accrued
p
ension and severance cost (92,921) (23,595
)
(1,021,110) (17,863) (21,115) (196,297)
¥ (92,115) ¥ 17,97
2
$ (1,012,253) ¥ (15,472) ¥
(
20,925
)
$ (170,022)
Amounts reco
g
nized in accumulated other comprehensive
income (loss) at December 31, 2008 and 2007 are as follows
:
D
ece
m
be
r 3
1
Japanese p
l
ans Foreign p
l
ans
M
illions of
y
e
n
Th
ousa
n
ds
o
f
U
.
S
.
do
ll
a
r
s
M
illions of
y
e
n
T
h
ousa
n
ds
of
U
.
S
.
do
ll
a
r
s
2008
2007
2008 2008
200
72008
A
ctua
ri
a
l l
oss
¥ 251,731 ¥ 14
6
,
937
$ 2,766,275 ¥ 15,650 ¥ 1
6
,
905
$ 171,978
P
rior service cre
d
it (168,904)
(
182,073
)
(1,856,088) (768)
(
953
)
(8,440)
Net transition o
bl
igatio
n
2,166 2
,
88
8
23,802 —
—
—
¥ 84,993 ¥ (32,248
)
$ 933,989 ¥ 14,882 ¥ 15
,9
5
2
$ 163,538
The accumulated benefi t obligation for all defi ned benefi t
plans was as
f
ollows
:
December 3
1
J
apanese plan
s
Foreign plans
Millions o
f
ye
n
T
housands o
f
U
.S.
d
o
ll
ars
M
illions o
f
ye
n
T
housands o
f
U
.S.
d
o
ll
ar
s
2008 2007 2008 2008
2
00
7
2008
Accumulated bene
fi
t obligation ¥ 493,559 ¥ 471,14
6
$ 5,423,725 ¥ 71,627 ¥ 104,27
5
$ 787,110
The pro
j
ected bene
fi
t obli
g
ations and the
f
air value o
f
plan
assets for the pension plans with pro
j
ected benefi t obli
g
ations in
excess of plan assets, and the accumulated benefi t obligations
December 3
1
J
apanese p
l
an
s
Foreign p
l
ans
Millions of
y
e
n
T
housands o
f
U
.
S
.
do
ll
a
r
s
M
illions of
y
e
n
T
housands o
f
U
.
S
.
do
ll
a
r
s
2008 2
00
72008 2008
2007
2008
P
lans with projected bene
fi
t obligations
in excess of
p
lan assets
:
P
rojected bene
fi
t obligation
s
¥ 516,646 ¥ 179
,
45
5
$ 5,677,429 ¥ 77,083 ¥ 113
,
79
0
$ 847,066
Fair value of plan asset
s
423,725 155
,860
4,656,319 59,150
92,
51
8
650,000
P
lans with accumulated benefi t obli
g
ations
in excess of
p
lan assets
:
A
ccumulated bene
fi
t obligation
s
¥ 485,436 ¥ 46,789 $ 5,334,462 ¥ 69,471 ¥ 104,11
9
$ 763,418
Fair value o
f
plan asset
s
420,341 29
,
599 4,619,132 59,089 92
,
40
1
649,330
and the
f
air value o
f
plan assets
f
or the pension plans with
accumulated benefit obli
g
ations in excess of plan assets are
as
f
o
ll
o
w
s:
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
CANON INC. AND SUBSIDIARIES