Target 2010 Annual Report Download - page 81

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Amounts recognized in the Consolidated Statements of Financial Position consist of the following:
Recognition of Funded/(Underfunded) Status Qualified Plans Nonqualified Plans (a)
(millions) 2010 2009 2010 2009
Other noncurrent assets $5 $2 $— $—
Accrued and other current liabilities (1) (1) (11) (13)
Other noncurrent liabilities (14) (71) (114) (107)
Net amounts recognized $(10) $(70) $(125) $(120)
(a) Includes postretirement health care benefits.
The following table summarizes the amounts recorded in accumulated other comprehensive income, which
have not yet been recognized as a component of net periodic benefit expense:
Amounts in Accumulated Other Comprehensive Income Postretirement
Pension Plans Health Care Plans
(millions) 2010 2009 2010 2009
Net actuarial loss $895 $900 $ 48 $ 50
Prior service credits (1) (5) (51) (62)
Amounts in accumulated other comprehensive income $894 $895 $ (3) $(12)
The following table summarizes the changes in accumulated other comprehensive income for the years ended
January 29, 2011 and January 30, 2010, related to our pension and postretirement health care plans:
Change in Accumulated Other Comprehensive Income Postretirement
Pension Benefits Health Care Benefits
(millions) Pretax Net of tax Pretax Net of tax
January 31, 2009 $821 $499 $ 19 $ 11
Net actuarial loss 96 58 33 20
Amortization of net actuarial losses (24) (14) (2) (1)
Amortization of prior service costs and transition 2121
Plan amendments — — (64) (38)
January 30, 2010 $895 $544 $(12) $ (7)
Net actuarial loss 40 25 3 2
Amortization of net actuarial losses (44) (27) (4) (3)
Amortization of prior service costs and transition 3 1 10 6
January 29, 2011 $894 $543 $ (3) $ (2)
The following table summarizes the amounts in accumulated other comprehensive income expected to be
amortized and recognized as a component of net periodic benefit expense in 2011:
Expected Amortization of Amounts in Accumulated Other Comprehensive Income
(millions) Pretax Net of tax
Net actuarial loss $ 70 $42
Prior service credits (12) (7)
Total amortization expense $ 58 $35
59
PART II