American Airlines 2006 Annual Report Download - page 80
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76
10. Retirement Benefits (Continued)
At December 31, 2006 and 2005, pension benefit plan assets of $149 million and $48 million, respectively, and
other benefit plan assets of $200 million and $159 million, respectively, were invested in shares of mutual funds
managed by a subsidiary of AMR.
The following tables provide the components of net periodic benefit cost for the years ended December 31, 2006,
2005 and 2004 (in millions):
Pension Benefits
2006 2005 2004
Components of net periodic benefit cost
Defined benefit plans:
Service cost $ 399 $ 372 $ 358
Interest cost 641 611 567
Expected return on assets (669) (658) (569)
Amortization of:
Transition asset (1) (1) (1)
Prior service cost 16 16 14
Unrecognized net loss 81 52 58
Net periodic benefit cost for
defined benefit plans
467
392
427
Defined contribution plans 164 167 163
$ 631 $ 559 $ 590
Other Benefits
2006 2005 2004
Components of net periodic benefit cost
Service cost $ 78 $ 75 $ 75
Interest cost 194 197 202
Expected return on assets (15) (14) (11)
Amortization of:
Prior service cost (10) (10) (10)
Unrecognized net loss 1 2 8
Net periodic benefit cost $ 248 $ 250 $ 264
The estimated net loss and prior service cost for the defined benefit pension plans that will be amortized from
accumulated other comprehensive income into net periodic benefit cost over the next fiscal year are $25 million
and $16 million, respectively. The estimated net gain and prior service credit for the other postretirement plans
that will be amortized from accumulated other comprehensive income into net periodic benefit cost over the next
fiscal year are $7 million and $13 million, respectively.