Pepsi 2013 Annual Report Download - page 112

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94
Pension Retiree Medical
U.S. International
2013 2012 2013 2012 2013 2012
Amounts recognized
Other assets $ 603 $—
$74
$51
$—
$—
Other current liabilities (41) (51) (1) (2) (72) (71)
Other liabilities (925) (2,018) (155) (374) (906) (1,075)
Net amount recognized $ (363) $ (2,069) $ (82) $ (325) $ (978) $ (1,146)
Amounts included in accumulated other comprehensive loss (pre-tax)
Net loss/(gain) $ 2,069 $ 4,212 $ 849 $ 1,096 $ (222) $ (44)
Prior service cost/(credit) 125 121 (6) (3) (69) (92)
Total $ 2,194 $ 4,333 $ 843 $ 1,093 $ (291) $ (136)
Components of the (decrease)/increase in net loss/(gain) included in accumulated other comprehensive loss
Change in discount rate $ (1,532) $ 776 $ (166) $ 188 $ (117) $84
Employee-related assumption changes 24 135 91 (2) 2(67)
Liability-related experience different from assumptions (14) 66 10 14 (13) (80)
Actual asset return different from expected return (336) (486) (108) (60) (49) (13)
Amortization and settlement of losses (285) (451) (68) (64) (1) —
Other, including foreign currency adjustments —(45) (6) 43 ——
Total $ (2,143) $ (5) $ (247) $ 119 $ (178) $ (76)
Liability at end of year for service to date $ 10,803 $ 11,643 $ 2,369 $ 2,323
The components of benefit expense are as follows:
Pension Retiree Medical
U.S. International
2013 2012 2011 2013 2012 2011 2013 2012 2011
Components of benefit expense
Service cost $ 467 $ 407 $ 350 $ 111 $ 100 $ 95 $45$50$51
Interest cost 527 534 547 118 115 117 54 65 88
Expected return on plan assets (823) (796) (704) (157) (146) (136) (27) (22) (14)
Amortization of prior service cost/(credit) 18 17 14 112
(23) (26) (28)
Amortization of net loss 289 259 145 66 53 40 1—12
478 421 352 139 123 118 50 67 109
Settlement/curtailment (gain)/loss(a) (4) 185 (8) 7430———
Special termination benefits 22 871—11251
Total $ 496 $ 614 $ 415 $ 146 $ 128 $ 149 $52$ 72 $ 110
(a) U.S. includes pension lump sum settlement charge of $195 million in 2012. This charge is reflected in items affecting comparability (see
additional unaudited information in “Items Affecting Comparability” in Management’s Discussion and Analysis of Financial Condition
and Results of Operations).