Fannie Mae 2012 Annual Report Download - page 293

FANNIE MAE
(In conservatorship)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
F-59
Prior service costs, which are changes in benefit obligations due to plan amendments, are amortized over the average
remaining service period for active employees for our pension plans and prior to the full eligibility date for the other
postretirement Health Care Plan.
The following table displays the changes in the pre-tax and after-tax amounts recognized in AOCI that have not been
recognized as a component of net periodic benefit cost for the years ended December 31, 2012 and 2011.
For the Year Ended
2012 2011
Other Post- Other Post-
Pension Retirement Pension Retirement
Plans Plan Plans Plan
(Dollars in millions)
Actuarial Loss:
Beginning balance, January 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $393 $ 36 $218 $ 42
Current year actuarial loss (gain) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 135 8 184 (5)
Amortization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (29)(1)(9)(1)
Ending balance, December 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 499 43 393 36
Prior Service Cost (Credit):
Beginning balance, January 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 4 $(46) $ 6 $(56)
Prior service credit due to curtailments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — 5
Amortization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (1) 6 (2) 5
Ending balance, December 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 (40) 4 (46)
Transition Obligation:
Beginning balance, January 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ — $ 2 $ — $ 4
Amortization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — (2) — (2)
Ending balance, December 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — 2
Pre-tax and after-tax amount recorded in AOCI . . . . . . . . . . . . . . . . . . . . . . . . $502 $ 3 $397 $ (8)
As of December 31, 2012 we expect to recognize pre-tax amounts in AOCI of $42 million in net periodic benefit costs
associated with our pension plans and $3 million in net periodic benefit credits associated with our other postretirement plan
in 2013.