Unum 2010 Annual Report Download - page 135
Download and view the complete annual report
Please find page 135 of the 2010 Unum annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134 -
135 -
136 -
137 -
138 -
139 -
140 -
141 -
142 -
143 -
144 -
145 -
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
 |
 |
133
Unum 2010 Annual Report
The amounts recognized in our consolidated balance sheets for our pension and OPEB plans at December 31, 2010 and 2009
are as follows:
Pension Benefits
U.S. Plans Non U.S. Plans OPEB
(in millions of dollars) 2010 2009 2010 2009 2010 2009
Current Liability $ 4.2 $ 4.0 $ — $ — $ 14.1 $ 14.0
Noncurrent Liability 168.9 231.1 — 12.7 159.1 164.7
Noncurrent Asset — — (23.1) — — —
Underfunded (Overfunded) Status $ 173.1 $ 235.1 $(23.1) $ 12.7 $173.2 $178.7
Unrecognized Pension and
Postretirement Benefit Costs
Net Actuarial Gain (Loss) $(497.5) $(454.5) $(16.3) $(54.8) $ 1.4 $ (5.6)
Prior Service Credit (Cost) 0.3 0.8 (0.2) (0.2) 7.5 10.1
(497.2) (453.7) (16.5) (55.0) 8.9 4.5
Deferred Income Tax Asset (Liability) 174.0 159.6 5.8 15.5 6.4 (1.6)
Total Included in Accumulated Other
Comprehensive Income (Loss) $(323.2) $(294.1) $(10.7) $(39.5) $ 15.3 $ 2.9
The following table provides the changes recognized in other comprehensive income for the years ended December 31, 2010
and 2009.
Pension Benefits
U.S. Plans Non U.S. Plans OPEB
(in millions of dollars) 2010 2009 2010 2009 2010 2009
Accumulated Other Comprehensive
Income (Loss) at Beginning of Year $(294.1) $(374.0) $(39.5) $(34.0) $ 2.9 $ 1.5
Net Actuarial Loss
Amortization 29.8 41.1 2.4 2.4 — —
All Other Changes (72.8) 82.8 36.1 (10.2) 7.0 0.6
Prior Service Credit
Amortization (0.5) (0.5) — — (2.6) (2.8)
All Other Changes — — — — — 4.4
Change in Deferred Income Tax
Asset (Liability) 14.4 (43.5) (9.7) 2.3 8.0 (0.8)
Accumulated Other Comprehensive
Income (Loss) at End of Year $(323.2) $(294.1) $(10.7) $(39.5) $15.3 $ 2.9