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Notes to the Financial Statements
NOTE 23. RETIREMENT BENEFITS (Continued)
The measurement date for substantially all of our worldwide postretirement benefit plans is December 31. Our expense for
defined benefit pension, postretirement health care and life insurance benefits was as follows (in millions):
Pension Benefits
Health Care and
U.S. Plans Non-U.S. Plans Life Insurance
2005 2004 2003 2005 2004 2003 2005 2004 2003
Service cost ............................................................. $ 734 $ 636 $ 600 $ 630 $ 554 $ 492 $ 710 $ 542 $ 521
Interest cost ............................................................. 2,398 2,445 2,442 1,408 1,332 1,170 2,188 1,964 2,004
Expected return on assets........................................ (3,363) (3,219) (3,202) (1,633) (1,651) (1,382) (500) (289) (37)
Amortization of:
Prior service costs .................................................. 500 502 472 156 106 135 (245) (220) (179)
(Gains)/losses and other ....................................... 88 23 33 352 204 148 893 610 532
Separation programs................................................ 179 1 — 422 78 128 1 — —
Visteon pre-spin liability......................................... — — — — — — — — 1,646
Allocated costs to Visteon....................................... (84) (107) (88) — — — (246) (228) (314)
Net expense/(income) .......................................... $ 452 $ 281 $ 257 $ 1,335 $ 623 $ 691 $ 2,801 $ 2,379 $ 4,173
Ford Motor Company Annual Report 2005 90 Ford Motor Company Annual Report 2005 91