DELPHI 2011 Annual Report Download - page 122

Table of Contents
The projected benefit obligation ("PBO"), accumulated benefit obligation ("ABO"), and fair value of plan assets for pension plans with accumulated
benefit obligations in excess of plan assets and with plan assets in excess of accumulated benefit obligations are as follows:
U.S. Plans Non-U.S. Plans
2011 2010 2011 2010
(in millions)
Plans with ABO in Excess of Plan Assets
PBO $ 83 $ 83 $ 1,480 $ 1,402
ABO 83 83 1,320 1,246
Fair value of plan assets at end of year — — 883 807
Plans with Plan Assets in Excess of ABO
PBO $ — $ — $ 116 $ 116
ABO — — 76 74
Fair value of plan assets at end of year — — 104 103
Total
PBO $ 83 $ 83 $ 1,596 $ 1,518
ABO 83 83 1,396 1,320
Fair value of plan assets at end of year — — 987 910
Benefit costs presented below were determined based on actuarial methods and included the following:
U.S. Pension Plans
Successor Predecessor
Year ended
December 31,
2011
Year ended
December 31,
2010
Period from
August 19 to
December 31,
2009
Period from
January 1 to
October 6,
2009
(in millions) (in millions)
Service cost $ — $ — $ — $ 12
Interest cost 3 4 1 393
Expected return on plan assets — — — (341)
Settlement loss (gain) — — — (188)
Amortization of prior service costs — — — 15
Amortization of actuarial losses — — — 126
Net periodic benefit cost $ 3 $ 4 $ 1 $ 17
Non-U.S. Pension Plans
Successor Predecessor
Year ended
December 31,
2011
Year ended
December 31,
2010
Period from
August 19 to
December 31,
2009
Period from
January 1 to
October 6,
2009
(in millions) (in millions)
Service cost $ 45 $ 38 $ 13 $ 32
Interest cost 87 84 21 76
Expected return on plan assets (61) (55) (12) (63)
Settlement gain (1) (1) — —
Curtailment (gain) loss (3) (9) (2) 48
Amortization of prior service costs — — — 2
Amortization of actuarial losses — 3 — 14
Net periodic benefit cost $ 67 $ 60 $ 20 $ 109
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