Intel 2005 Annual Report Download - page 75

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Table of Contents
INTEL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
The amounts recognized on the balance sheet for the plans described above were as follows:
The accumulated benefit obligations for the plans were as follows:
Included in the aggregate data in the tables below are the aggregate amounts applicable to the company’s pension plans with accumulated benefit
obligations in excess of plan assets, as well as plans with projected benefit obligations in excess of plan assets. Amounts related to such plans were as
follows:
71
U.S. Pension
Non
-
U.S. Pension
Postretirement
Benefits
Benefits
Medical Benefits
(In Millions)
2005
2004
2005
2004
2005
2004
Change in plan assets:
Beginning fair value of plan assets
$
39
$
30
$
240
$
195
$
4
$
Actual return on plan assets
1
41
4
—
—
Employer contributions
187
96
31
1
Plan participants
’
contributions
—
—
7
6
2
Currency exchange rate changes
—
—
(
32
)
11
—
—
Benefits paid to participants
(1
)
(1
)
(12
)
(7
)
(5
)
(4
)
Ending fair value of plan assets
$
226
$
39
$
340
$
240
$
2
$
U.S. Pension
Non
-
U.S. Pension
Postretirement
Benefits
Benefits
Medical Benefits
(In Millions)
2005
2004
2005
2004
2005
2004
Funded status:
Ending funded status
$
(11
)
$
(3
)
$
(133
)
$
(87
)
$
(191
)
$
(173
)
Unrecognized transition obligation
—
—
2
2
—
—
Unrecognized net actuarial (gain) loss
(2
)
5
112
(3
)
4
Unrecognized prior service cost
—
1
—
—
29
33
Net amount recognized
$
(13
)
$
3
$
(19
)
$
(88
)
$
(158
)
$
(134
)
U.S. Pension
Non
-
U.S. Pension
Postretirement
Benefits
Benefits
Medical Benefits
(In Millions)
2005
2004
2005
2004
2005
2004
Amounts recognized in the balance sheet:
Prepaid benefit cost
$
—
$
3
$
58
$
40
$
—
$
—
Accrued benefit liability
(13
)
—
(
93
)
(131
)
(158
)
(134
)
Deferred tax asset
—
—
—
1
—
—
Accumulated other comprehensive income
—
—
16
2
—
—
Net amount recognized
$
(13
)
$
3
$
(19
)
$
(88
)
$
(158
)
$
(134
)
U.S. Pension
Non
-
U.S. Pension
Postretirement
Benefits
Benefits
Medical Benefits
(In Millions)
2005
2004
2005
2004
2005
2004
Accumulated benefit obligation
$
226
$
38
$
310
$
222
$
193
$
177
U.S. Pension
Non
-
U.S. Pension
Benefits
Benefits
(In Millions)
2005
2004
2005
2004
Plans with accumulated benefit obligations in excess of plan assets:
Accumulated benefit obligations
$
—
—
$
98
$
70
Plan assets
$
—
—
$
13
$
18
Plans with projected benefit obligations in excess of plan assets:
Projected benefit obligations
$
237
42
$
323
$
296
Plan assets
$
226
39
$
146
$
205