Coca Cola 2008 Annual Report Download - page 122
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THE COCA-COLA COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 16: PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Continued)
The following table sets forth the changes in AOCI for our benefit plans (in millions, pretax):
Pension Benefits Other Benefits
December 31, 2008 2007 2008 2007
Beginning balance in accumulated other comprehensive
income (loss) $ (108) $ (302) $ 297 $ (92)
Recognized prior service cost (credit) 10 7(61) (42)
Recognized net actuarial loss (gain) 24 18 —1
Prior service credit (cost) arising in current year 13 (48) —342
Net actuarial (loss) gain arising in current year (1,335) 227 (47) 88
Translation gain (loss) 7(10) ——
Ending balance in accumulated other comprehensive
income (loss) $ (1,389) $ (108) $ 189 $ 297
The following table sets forth amounts in AOCI for our benefit plans (in millions, pretax):
Pension Benefits Other Benefits
December 31, 2008 2007 2008 2007
Prior service credit (cost) $ (56) $ (79) $ 244 $ 305
Net actuarial loss (1,333) (29) (55) (8)
Ending balance in accumulated other comprehensive
income (loss) $ (1,389) $ (108) $ 189 $ 297
Amounts in AOCI expected to be recognized as components of net periodic pension cost in 2009 are as
follows (in millions, pretax):
Pension Benefits Other Benefits
Amortization of prior service cost (credit) $ 6 $ (61)
Amortization of actuarial loss 73 1
$ 79 $ (60)
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