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85
McKESSON CORPORATION
FINANCIAL NOTES (Continued)
The accumulated benefit obligations for our pension plans were $733 million at March 31, 2013 and $667 million at
March 31, 2012. The following table provides the projected benefit obligation, accumulated benefit obligation and fair value
of plan assets for all our pension plans with an accumulated benefit obligation in excess of plan assets.
March 31,
(In millions) 2013 2012
Projected benefit obligation $ 736 $ 670
Accumulated benefit obligation 733 667
Fair value of plan assets 425 410
Amounts recognized in accumulated other comprehensive income (pre-tax) consist of:
March 31,
(In millions) 2013 2012
Net actuarial loss $ 310 $ 274
Prior service cost
—
1
Net transition obligation
—
1
Total $ 310 $ 276
Other changes in accumulated other comprehensive income (pre-tax) during the reporting periods were as follows:
Years Ended March 31,
(In millions) 2013 2012 2011
Net actuarial loss $ 70 $ 61 $ 10
Amortization of:
Net actuarial loss (31) (25) (26)
Prior service cost (1) (2) (2)
Foreign exchange impact and other (4)
—
—
Total recognized in other comprehensive loss (income) $ 34 $ 34 $ (18)
We expect to amortize $1 million of prior service cost and $37 million of actuarial loss for the pension plans from
stockholders' equity to pension expense in 2014. Comparable 2013 amounts were $1 million and $31 million.
Projected benefit obligations relating to our unfunded U.S. plans were $205 million and $167 million at March 31, 2013
and 2012. Pension obligations for our unfunded plans are funded based on the recommendations of independent actuaries.
Expected benefit payments, including assumed executive lump sum payments, for our pension plans are as follows:
$33 million, $44 million, $159 million, $33 million and $44 million for 2014 to 2018 and $213 million for 2019 through
2023. Expected benefit payments are based on the same assumptions used to measure the benefit obligations and include
estimated future employee service. Expected contributions to be made for our pension plans are $15 million for 2014.