Fifth Third Bank 2011 Annual Report Download - page 129
Download and view the complete annual report
Please find page 129 of the 2011 Fifth Third Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134 -
135 -
136 -
137 -
138 -
139 -
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
 |
 |
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Fifth Third Bancorp 127
The following table summarizes net periodic benefit cost and other changes in plan assets and benefit obligations recognized in other
comprehensive income for the years ended December 31:
($ in millions) 2011 2010 2009
Components of net periodic benefit cost:
Service cost $- - -
Interest cost 11 12 12
Expected return on assets (15) (14) (12)
A
mortization of net actuarial loss 11 12 15
A
mortization of net prior service cost 1 1 1
Settlement 6 - 13
Net periodic benefit cost $14 11 29
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net actuarial loss (gain) 50 2 (10)
Net prior service cost - - -
A
mortization of net actuarial loss (11) (12) (15)
A
mortization of prior service cost (1) (1) (1)
Settlement (6) - (13)
Total recognized in other comprehensive income 32 (11) (39)
Total recognized in net periodic benefit cost and
other comprehensive income $46 - (10)
Fair Value Measurements of Plan Assets
The following table summarizes plan assets measured at fair value on a recurring basis as of December 31:
Fair Value Measurements Using (a)
2011 ($ in millions) Level 1 Level 2 Level 3 Total Fair Value
Equity Securities:
Equity securities (Growth)(b) $ 53 - - $53
Equity securities (Value) 52 - - 52
Total equity securities 105 - - 105
Mutual and exchange traded funds:
Money market funds 5 - - 5
International funds 25 - - 25
Commodity funds 9 - - 9
Total mutual and exchange traded funds 39 - - 39
Debt securities:
U.S. Treasury obligations 10 - - 10
A
gency mortgage backed - 25 - 25
Non-agency mortgage backed - 1 - 1
Corporate bonds(d) - 1 - 1
Total debt securities 10 27 - 37
Total plan assets $ 154 27 - $181