Mattel 2006 Annual Report Download - page 84
Download and view the complete annual report
Please find page 84 of the 2006 Mattel 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
 |
 |
Net periodic benefit cost for Mattel’s domestic defined benefit pension and postretirement benefit plans was
calculated on January 1 of each year using the following assumptions:
For the Year
2006 2005 2004
Defined benefit pension plans: .........................................
Discount rate ....................................................... 5.4% 5.7% 6.0%
Weighted average rate of future compensation increases ..................... 4.4% 4.4% 4.4%
Long-term rate of return on plan assets .................................. 8.0% 8.0% 8.0%
Postretirement benefit plans: ..........................................
Discount rate ....................................................... 5.4% 5.7% 6.0%
Annual increase in Medicare Part B premium ............................. 6.0% 6.0% 4.0%
Health care cost trend rate: ............................................
Pre-65 ........................................................ 9.0% 10.0% 8.0%
Post-65 ....................................................... 10.0% 11.0% 9.0%
Ultimate cost trend rate (pre- and post-65) ................................ 5.0% 5.0% 5.5%
Year that the rate reaches the ultimate cost trend rate: .......................
Pre-65 ........................................................ 2010 2010 2007
Post-65 ....................................................... 2011 2011 2007
Discount rates, weighted average rates of future compensation increases, and long-term rates of return on
plan assets for Mattel’s foreign defined benefit pension plans differ from the assumptions used for Mattel’s
domestic defined benefit pension plans due to differences in local economic conditions in which the non-US
plans are based. The rates shown in the preceding table are indicative of the weighted average rates of all
Mattel’s defined benefit pension plans given the relative insignificance of the foreign plans to the consolidated
total.
The estimated net loss and prior service cost for the defined benefit pension plans that will be amortized from
accumulated other comprehensive loss into net periodic benefit cost over the next fiscal year is $9.9 million. The
estimated net loss for the other defined benefit postretirement plans that will be amortized from accumulated other
comprehensive loss into net period benefit cost over the next fiscal year is $0.8 million.
75