Unum 2015 Annual Report Download - page 141

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139
Unum 2015 Annual Report
The amounts recognized in our consolidated balance sheets for our pension and OPEB plans at December 31, 2015 and 2014 are as follows.
Pension Benefits
U.S. Plans U.K. Plan OPEB
(in millions of dollars) 2015 2014 2015 2014 2015 2014
Current Liability $ 5.9 $ 5.4 $ — $ — $ 13.0 $ 13.7
Noncurrent Liability 399.0 413.5 — — 136.2 148.9
Noncurrent Asset — — (27.7) (19.4) — —
Underfunded (Overfunded) Status $ 404.9 $ 418.9 $(27.7) $(19.4) $149.2 $162.6
Unrecognized Pension and
Postretirement Benefit Costs
Net Actuarial Gain (Loss) $(604.2) $(593.0) $(28.1) $(35.4) $ 6.2 $ (2.6)
Prior Service Credit 7.5 — — — 0.4 0.7
(596.7) (593.0) (28.1) (35.4) 6.6 (1.9)
Income Tax 208.8 207.5 8.9 10.4 7.9 10.9
Total Included in Accumulated Other
Comprehensive Income (Loss) $(387.9) $(385.5) $(19.2) $(25.0) $ 14.5 $ 9.0
The following table provides the changes recognized in other comprehensive income for the years ended December 31, 2015 and 2014.
Pension Benefits
U.S. Plans U.K. Plan OPEB
(in millions of dollars) 2015 2014 2015 2014 2015 2014
Accumulated Other Comprehensive
Income (Loss) at Beginning of Year $(385.5) $(222.4) $(25.0) $(26.0) $ 9.0 $ 18.5
Net Actuarial Gain (Loss)
Amortization 11.6 5.2 0.3 0.4 — —
Settlements — 64.4 — — — —
All Other Changes (22.8) (320.5) 7.0 1.1 8.8 (12.9)
Prior Service Credit (Cost)
Amortization — — — — (0.3) (1.7)
Plan Amendment 7.5 — — — — —
Change in Income Tax 1.3 87.8 (1.5) (0.5) (3.0) 5.1
Accumulated Other Comprehensive
Income (Loss) at End of Year $(387.9) $(385.5) $(19.2) $(25.0) $14.5 $ 9.0