Unum 2007 Annual Report Download - page 120

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Notes to Consolidated Financial Statements
118 Unum 2007 Annual Report
The following tables provide the changes in the benefit obligation and fair value of plan assets and statements of the funded status
of the plans.
Pension Benefits
U.S. Plans Non U.S. Plans Postretirement Benefits
(in millions of dollars) 2007 2006 2007 2006 2007 2006
Change in Benefit Obligation
Benefit Obligation at Beginning of Year $ 886.8 $ 841.9 $ 194.0 $ 152.9 $ 192.5 189.8
Service Cost 31.9 35.8 9.2 8.4 3.6 4.1
Interest Cost 54.2 48.4 9.7 8.0 11.0 10.0
Plan Participant Contributions — — — — 3.2 2.9
Actuarial (Gain) Loss (44.1) (26.2) (7.8) 9.9 (7.0) 1.3
Benefits and Expenses Paid (18.6) (13.1) (3.7) (4.3) (13.9) (15.6)
Plan Amendments 1.2 — — — — —
Curtailment (7.2) — — — — —
Divestiture — — (2.1) — — —
Settlement — — (15.1) (0.9) — —
Special Termination Benefit Cost 0.6 — — — — —
Change in Foreign Exchange Rates — — 3.7 20.0 — —
Benefit Obligation at End of Year $ 904.8 $ 886.8 $ 187.9 $ 194.0 $ 189.4 $ 192.5
Accumulated Benefit Obligation
at December 31 $ 856.9 $ 824.4 $ 162.4 $ 171.4 N/A N/A
Change in Fair Value of Plan Assets
Fair Value of Plan Assets
at Beginning of Year $ 658.5 $ 515.4 $ 184.3 $ 107.5 $ 12.0 $ 11.9
Actual Return on Plan Assets 31.0 61.0 7.7 10.2 0.4 0.5
Employer Contributions
113.4 95.2 11.4 53.5 10.3 12.3
Plan Participant Contributions — — — — 3.2 2.9
Benefits and Expenses Paid (18.6) (13.1) (3.7) (4.3) (13.9) (15.6)
Divestiture — — (1.9) — — —
Settlement — — (15.1) (0.9) — —
Change in Foreign Exchange Rates — — 3.5 18.3 — —
Fair Value of Plan Assets at End of Year $ 784.3 $ 658.5 $ 186.2 $ 184.3 $ 12.0 $ 12.0
Unfunded Liability $ 120.5 $ 228.3 $ 1.7 $ 9.7 $ 177.4 $ 180.5