Johnson Controls 2011 Annual Report Download - page 89

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89
(1) Plan assets and obligations are determined based on a September 30 measurement date at September 30, 2011
and 2010.
(2) The Company considers the expected benefit payments on a plan-by-plan basis when setting assumed discount
rates. As a result, the Company uses different discount rates for each plan depending on the plan jurisdiction, the
demographics of participants and the expected timing of benefit payments. For the U.S. pension and
postretirement health and other benefit plans, the Company uses a discount rate provided by an independent third
party calculated based on an appropriate mix of high quality bonds. For the non-U.S. pension and postretirement
health and other benefit plans, the Company consistently uses the relevant country specific benchmark indices
for determining the various discount rates.
Accumulated Other Comprehensive Income
The amounts in accumulated other comprehensive income on the consolidated statement of financial position,
exclusive of tax impacts, that have not yet been recognized as components of net periodic benefit cost at September
30, 2011 are as follows (in millions):
Postretirement
Pension
Health and Other
Benefits
Benefits
Accumulated other comprehensive loss (income)
Net transition obligation
$
2
$
-
Net actuarial loss
1,663
16
Net prior service credit
(11)
(35)
Total
$
1,654
$
(19)
The amounts in accumulated other comprehensive income expected to be recognized as components of net periodic
benefit cost over the next fiscal year are shown below (in millions):
Postretirement
Pension
Health and Other
Benefits
Benefits
Amortization of:
Net actuarial loss
$
102
$
1
Net prior service credit
-
(17)
Total
$
102
$
(16)