Pepsi 2015 Annual Report Download - page 119

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Table of Contents
102
Selected financial information for our pension and retiree medical plans is as follows:
Pension Retiree Medical
U.S. International
2015 2014 2015 2014 2015 2014
Change in projected benefit liability
Liability at beginning of year $ 13,409 $ 11,825 $ 3,247 $ 2,859 $ 1,439 $ 1,384
Service cost 435 393 99 98 35 36
Interest cost 546 580 115 131 52 58
Plan amendments 16 (122) 1——(125)
Participant contributions ——23——
Experience (gain)/loss (583) 1,635 (221) 512 (115) 190
Benefit payments (808) (349) (89) (86) (102) (101)
Settlement/curtailment gain —(577) (19) (25) ——
Special termination benefits 18 24 1—13
Foreign currency adjustment ——(264) (245) (10) (6)
Liability at end of year $ 13,033 $ 13,409 $ 2,872 $ 3,247 $ 1,300 $ 1,439
Change in fair value of plan assets
Fair value at beginning of year $ 12,224 $ 11,462 $ 3,002 $ 2,777 $ 415 $ 406
Actual return on plan assets (85) 1,254 77 401 (2) 46
Employer contributions/funding 66 434 96 157 43 64
Participant contributions ——23——
Benefit payments (808) (349) (89) (86) (102) (101)
Settlement —(577) (16) (24) ——
Foreign currency adjustment ——(249) (226) ——
Fair value at end of year $ 11,397 $ 12,224 $ 2,823 $ 3,002 $ 354 $ 415
Funded status $ (1,636) $ (1,185) $ (49) $ (245) $ (946) $ (1,024)