Visa 2010 Annual Report Download - page 103

Table of Contents
VISA INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
September 30, 2010
(in millions, except as noted)
Amounts recognized in accumulated comprehensive income before tax:
Pension Benefits
Other
Postretirement Benefits
September 30, September 30,
2010 2009 2010 2009
(in millions)
Net actuarial loss (gain) $ 240 $ 276 $ (7) $ (3)
Prior service credit (51) (48) (20) (23)
Total $ 189 $ 228 $ (27) $ (26)
Amounts from accumulated other comprehensive income to be amortized into net periodic benefit cost in fiscal 2011:
Pension Benefits
Other
Postretirement Benefits
(in millions)
Actuarial loss (gain) $ 19 $ (1)
Prior service credit (9) (3)
Total $ 10 $ (4)
Benefit obligation and fair value of plan assets with obligations in excess of plan assets:
Pension Benefits
September 30,
2010 2009
(in millions)
Accumulated benefit obligation in excess of plan assets
Accumulated benefit obligation, end of year $ 30 $ 21
Fair value of plan assets, end of year — —
Projected benefit obligation in excess of plan assets
Benefit obligation, end of year $ 30 $ 739
Fair value of plan assets, end of year — 703
Net periodic pension and other postretirement plan cost:
Pension Benefits
Other
Postretirement Benefits
Fiscal
2010 2009 2008 2010 2009 2008
(in millions)
Service cost $ 45 $ 51 $ 50 $ — $ — $ 5
Interest cost 40 46 40 1 2 5
Expected return on assets (50) (45) (42) — — —
Amortization of:
Prior service credit (9) (8) (13) (3) (3) (5)
Actuarial loss (gain) 16 14 7 (1) — 2
Net benefit cost 42 58 42 (3) (1) 7
Curtailment gain — — — — — (2)
Settlement loss — 3 27 — — —
Total net periodic benefit cost $ 42 $ 61 $ 69 $ (3) $ (1) $ 5
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