Walgreens 2015 Annual Report Download - page 113

Download and view the complete annual report

Please find page 113 of the 2015 Walgreens annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 148

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148

Components of net periodic pension costs for the defined benefit pension plans (in millions):
Boots and Other
Pension Plans
2015
Service costs $ 3
Interest costs 214
Expected returns on plan assets (173)
Settlements (2)
Total net periodic pension costs $ 42
Change in benefit obligations for the defined benefit pension plans from the date of the Second Step Transaction
(in millions):
2015
Benefit obligation at December 31 $8,827
Service costs 3
Interest costs 214
Amendments (2)
Net actuarial (gain) (103)
Benefits paid (186)
Currency translation adjustments (118)
Benefit obligation at August 31 $8,635
Change in plan assets for the defined benefit pension plans from the date of the Second Step Transaction (in
millions):
2015
Plan assets at fair value at December 31 $8,987
Employer contributions 152
Benefits paid (186)
Return on assets 91
Currency translation adjustments (108)
Plan assets at fair value at August 31 $8,936
Amounts recognized in the Consolidated Balance Sheets (in millions):
2015
Non-current assets $468
Current liabilities 1
Non-current liabilities 166
Net asset recognized at August 31 $301
Pre-tax amounts recognized in accumulated other comprehensive (income) loss (in millions):
2015
Prior service credit $—
Net actuarial gain 21
- 109 -