Raytheon 2009 Annual Report Download - page 115

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
The table below details assets by category for our other Benefits plans. These assets consist primarily of publicly-traded
equity securities and publicly-traded fixed income securities.
Other Benefits Asset Information Percent of Plan Assets at December 31:
Asset category 2009 2008
Fixed income securities 55% 56%
U.S. equity 31% 25%
International equity 8% 14%
Cash 6% 5%
Total 100% 100%
The tables below provide a reconciliation of benefit obligations, plan assets, funded status and related actuarial
assumptions of our domestic and foreign Pension Benefits and Other Benefits plans.
Change in Projected Benefit Obligation Pension Benefits Other Benefits
(In millions) 2009 2008 2009 2008
Projected benefit obligation at beginning of year $16,361 $16,288 $ 834 $ 905
Service cost 401 396 910
Interest cost 1,031 1,013 53 55
Plan participants’ contributions 21 24 46 52
Amendments 1———
Actuarial loss (gain) 708 (36) 8(76)
Foreign exchange loss (gain) 54 (162) ——
Benefits paid (1,142) (1,162) (104) (112)
Net transfer in 6———
Projected benefit obligation at end of year $17,441 $16,361 $ 846 $ 834
The PBO for our domestic and foreign Pension Benefits plans was $16,748 million and $693 million, respectively at
December 31, 2009 and $15,866 million and $495 million, respectively, at December 31, 2008.
Change in Plan Assets Pension Benefits Other Benefits
(In millions) 2009 2008 2009 2008
Fair value of plan assets at beginning of year $10,907 $14,685 $ 365 $ 530
Actual return (loss) on plan assets 1,885 (3,678) 55 (133)
Company contributions 1,115 1,174 45 28
Plan participants’ contributions 21 24 46 52
Foreign exchange gain (loss) 49 (136) ——
Benefits paid (1,142) (1,162) (104) (112)
Net transfer in 4———
Fair value of plan assets at end of year $12,839 $10,907 $ 407 $ 365
101