Unum 2012 Annual Report Download - page 139

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UNUM 2012 ANNUAL REPORT 137
The amounts recognized in our consolidated balance sheets for our pension and OPEB plans at December 31, 2012 and 2011
are as follows:
Pension Benefits
U.S. Plans Non U.S. Plans OPEB
(in millions of dollars) 2012 2011 2012 2011 2012 2011
Current Liability $ 4 . 6 $ 4.5 $ — $ — $ 15.6 $ 14.4
Noncurrent Liability 609.7 404.5 — — 171.7 164.8
Noncurrent Asset — — (8.2) (17.6) — —
Underfunded (Overfunded) Status $ 614.3 $ 409.0 $ (8.2) $(17.6) $187.3 $179.2
Unrecognized Pension and
Postretirement Benefit Costs
Net Actuarial Gain (Loss) $(845.4) $(673.1) $(37.9) $(25.0) $ (19.3) $ (4.1)
Prior Service Credit (Cost) (0.6) (0.2) (0.2) (0.2) 7.3 4.9
(846.0) (673.3) (38.1) (25.2) (12.0) 0.8
Deferred Income Tax Asset 306.3 235.7 11.1 8.0 4.2 9.9
Total Included in Accumulated Other
Comprehensive Income (Loss) $(539.7) $(437.6) $(27.0) $(17.2) $ (7.8) $ 10.7
The following table provides the changes recognized in other comprehensive income for the years ended December 31, 2012 and 2011.
Pension Benefits
U.S. Plans Non U.S. Plans OPEB
(in millions of dollars) 2012 2011 2012 2011 2012 2011
Accumulated Other Comprehensive
Income (Loss) at Beginning of Year $(437.6) $(323.2) $(17.2) $(10.7) $ 10.7 $15.3
Net Actuarial Loss
Amortization 45.9 31.9 0.5 — — —
Curtailment — — — — 4.2 —
All Other Changes (218.2) (207.5) (13.4) (8.7) (19.4) (5.5)
Prior Service Credit
Amortization (0.4) (0.5) — — (2.6) (2.6)
Plan Amendment — — — — 5.0 —
Change in Deferred
Income Tax Asset 70.6 61.7 3.1 2.2 (5.7) 3.5
Accumulated Other Comprehensive
Income (Loss) at End of Year $(539.7) $(437.6) $(27.0) $(17.2) $ (7.8) $10.7
We discontinued offering retiree life insurance to future retirees effective December 31, 2012 but continue to provide this benefit to
employees who retired prior to that date. The curtailment gain of $4.2 million and the prior service credit of $5.0 million, both of which are
included in the table above, reflect this OPEB plan amendment.