Losses From Completed And Probable Terminations - Single-Employer Program

  For the years ended September 30,
  2003 2002
(Dollars in millions) New Terminations Changes in Prior Year Terminations Total New Terminations Changes in Prior Year Terminations Total
Present value of future benefits $ 13,431 $ 47 $ 13,478 $ 7,704 $ 23 $ 7,727
Less plan assets $ 6,963 $ (79) $ 6,884 $ 4,664 $ 8 $ 4,672
Plan asset insufficiency $ 6,468 $ 126 $ 6,594 $ 3,040 $ 15 $ 3,055
Less estimated recoveries $ 61 $ (3) $ 58 $ 27 $ 3 $ 30
Subtotal $ 6,407 $ 129 $ 6,536 $ 3,013 $ 12 $ 3,025
Settlements and judgments     $ (3)     $ 377
Loss (credit) on probables     $ (1,156)*     $ 5,911*
Total     $ 5,377     $ 9,313

* See Note 4.

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