Pepsi 2014 Annual Report Download - page 115

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95
Selected financial information for our pension and retiree medical plans is as follows:
Pension Retiree Medical
U.S. International
2014 2013 2014 2013 2014 2013
Change in projected benefit liability
Liability at beginning of year $ 11,825 $ 12,886 $ 2,859 $ 2,788 $ 1,384 $ 1,511
Service cost 393 467 98 111 36 45
Interest cost 580 527 131 118 58 54
Plan amendments (122) 22 —(1) (125) —
Participant contributions ——33——
Experience loss/(gain) 1,635 (1,522) 512 (65) 190 (128)
Benefit payments (349) (533) (86) (91) (101) (97)
Settlement/curtailment (577) (44) (25) (3) ——
Special termination benefits 24 22 ——32
Foreign currency adjustment ——(245) (2) (6) (3)
Other ———1——
Liability at end of year $ 13,409 $ 11,825 $ 3,247 $ 2,859 $ 1,439 $ 1,384
Change in fair value of plan assets
Fair value at beginning of year $ 11,462 $ 10,817 $ 2,777 $ 2,463 $ 406 $ 365
Actual return on plan assets 1,254 1,159 401 265 46 76
Employer contributions/funding 434 63 157 137 64 62
Participant contributions ——33——
Benefit payments (349) (533) (86) (91) (101) (97)
Settlement (577) (44) (24) (8) ——
Foreign currency adjustment ——(226) 8——
Fair value at end of year $ 12,224 $ 11,462 $ 3,002 $ 2,777 $ 415 $ 406
Funded status $ (1,185) $ (363) $ (245) $ (82) $ (1,024) $ (978)