DTE Energy 2009 Annual Report Download - page 35

33
(in Millions)
2009
2008
Other changes in plan assets and APBO recognized in regulatory assets
Net actuarial (gain) loss
$ (16)
$ 98
Amortization of net actuarial gain
(7)
(6)
Prior service cost
-
(1)
Amortization of prior service cost
(1)
(1)
Amortization of transition (asset)
(3)
(3)
Total recognized in regulatory assets
$ (27)
$ 87
Total recognized in net postretirement cost and regulatory assets
$ 9
$ 120
Estimated amounts to be amortized from regulatory assets into net periodic benefit cost during next fiscal
year
Net actuarial loss
$ 8
$ 8
Prior service cost
1
1
Net transition obligation
3
3
$ 12
$ 12
The following table reconciles the obligations, assets and funded status of the Company’s portion of the plans including amounts
recorded as accrued postretirement cost in the Consolidated Statements of Financial Position at December 31:
(in Millions)
2009
2008
Change in accumulated postretirement benefit obligation
Accumulated postretirement benefit obligation, beginning of year
$ 466
$ 431
December 2007 cash flow
—
(2)
Service cost
13
14
Interest cost
30
27
Actuarial (gain) loss
3
19
Measurement date change
—
3
Benefits paid and Medicare Part D
(24)
(25)
Plan amendments
—
(1)
Accumulated postretirement benefit obligation, end of year
$ 488
$ 466
Change in plan assets
Plan assets at fair value, beginning of year
$ 118
$ 175
December 2007 VEBA cash flow
—
(14)
Company contribution
115
40
Measurement date change
—
2
Actual return on plan assets
37
(62)
Benefits paid
—
(23)
Plan assets at fair value, end of year
$ 270
$ 118
Funded status at fair value, December 31
$ (218)
$ (348)
Noncurrent liabilities
$ (218)
$ (348)
Amounts recognized in regulatory assets
Net loss
$ 136
$ 159
Prior service cost
2
4
Net transition obligation
12
15
Regulatory Asset — postretirement costs
$ 150
$ 178