Estee Lauder 2009 Annual Report Download - page 146

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Amounts recognized in accumulated other comprehensive (income) loss (before tax) as of June 30, 2009 are as follows:
Other than
Pension Plans Pension Plans
U.S. International Post-retirement Total
(In millions)
Net actuarial (gains) losses, beginning of year $ 65.5 $ 48.4 $ 8.1 $122.0
Actuarial (gains) losses recognized 80.0 51.3 7.2 138.5
Amortization of amounts included in net
periodic benefi t cost (1.7) (1.9) (0.5) (4.1)
Translation adjustments — (3.6) 0.3 (3.3)
Net actuarial (gains) losses, end of year 143.8 94.2 15.1 253.1
Net prior service cost (credit), beginning
of year 6.6 33.3 (0.1) 39.8
Prior service cost (credit) recognized — 0.7 — 0.7
Amortization of amounts included in net
periodic benefi t cost (0.7) (2.3) — (3.0)
Translation adjustments — (5.4) — (5.4)
Net prior service cost (credit), end of year 5.9 26.3 (0.1) 32.1
Net transition obligation (asset),
beginning of year — (0.1) — (0.1)
Amortization of amounts included in net
periodic benefi t cost — — — —
Net transition obligation (asset), end of year — (0.1) — (0.1)
Total amounts recognized in accumulated
other comprehensive (income) loss $149.7 $120.4 $15.0 $285.1
Amounts in accumulated other comprehensive (income) loss expected to be amortized as components of net periodic
benefi t cost during fi scal 2010 are as follows:
Other than
Pension Plans Pension Plans
U.S. International Post-retirement
(In millions)
Prior service cost $0.7 $2.4 $ —
Net actuarial loss $4.1 $1.8 $0.6
The projected benefi t obligation, accumulated benefi t obligation and fair value of plan assets for the Company’s pension
plans at June 30 are as follows:
Pension Plans
Retirement
Growth Account Restoration International
2009 2008 2009 2008 2009 2008
(In millions)
Projected benefi t obligation $384.3 $348.1 $85.3 $84.5 $379.3 $404.4
Accumulated benefi t obligation $334.6 $299.1 $69.4 $65.7 $331.7 $353.0
Fair value of plan assets $386.5 $420.0 $— $— $299.0 $345.7
International pension plans with projected benefi t obligations in excess of the plans’ assets had aggregate projected
benefi t obligations of $269.6 million and $298.6 million and aggregate fair value of plan assets of $182.6 million and
$216.2 million at June 30, 2009 and 2008, respectively. International pension plans with accumulated benefi t obligations
in excess of the plans’ assets had aggregate accumulated benefi t obligations of $104.9 million and $95.2 million and
aggregate fair value of plan assets of $44.3 million and $41.4 million at June 30, 2009 and 2008, respectively.
THE EST{E LAUDER COMPANIES INC. 145