Bank of America 2011 Annual Report Download - page 239

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Bank of America 2011 237
Amounts recognized in the Corporation’s Consolidated Balance Sheet at December 31, 2011 and 2010 are presented in the table
below.
Amounts Recognized on Consolidated Balance Sheet
(Dollars in millions)
Other assets
Accrued expenses and other liabilities
Net amount recognized at December 31
Qualified
Pension Plans
2011
$ 246
(67)
$ 179
2010
$ 1,710
—
$ 1,710
Non-U.S.
Pension Plans
2011
$342
(304)
$38
2010
$33
(258)
$ (225)
Nonqualified
and Other
Pension Plans
2011
$ 1,096
(1,172)
$ (76)
2010
$ 809
(1,198)
$ (389)
Postretirement
Health and Life
Plans
2011
$—
(1,528)
$(1,528)
2010
$—
(1,596)
$ (1,596)
Pension Plans with ABO and PBO in excess of plan assets as of December 31, 2011 and 2010 are presented in the table below.
For the non-qualified plans not subject to ERISA or non-U.S. pension plans, funding strategies vary due to legal requirements and local
practices.
Plans with ABO and PBO in Excess of Plan Assets
(Dollars in millions)
Plans with ABO in excess of plan assets
PBO
ABO
Fair value of plan assets
Plans with PBO in excess of plan assets
PBO
Fair value of plan assets
Qualified
Pension Plans
2011
$—
—
—
$ 6,624
6,557
2010
$—
—
—
$—
—
Non-U.S.
Pension Plans
2011
$732
698
428
$732
428
2010
$ 477
466
259
$ 642
384
Nonqualified
and Other
Pension Plans
2011
$ 1,174
1,173
2
$ 1,174
2
2010
$ 1,200
1,199
2
$ 1,200
2