2005 | 2004 | |||||
---|---|---|---|---|---|---|
(Dollars in millions) | New Terminations | Changes in Prior Year Terminations | Total | New Terminations | Changes in Prior Year Terminations | Total |
Present value of future benefits |
$21,191 |
$(292) |
$20,899 |
$6,926 |
$(427) |
$ 6,499 |
Less plan assets |
10,516 |
0 |
10,516 |
3,137 |
125 |
3,262 |
Plan asset insufficiency |
10,675 |
(292) |
10,383 |
3,789 |
(552) |
3,237 |
Less estimated recoveries |
9 |
(37) |
(28) |
280 |
11 |
291 |
Subtotal |
$10,666 |
$(255) |
10,411 |
$3,509 |
$(563) |
2,946 |
Settlements and judgments |
|
|
(1) |
|
|
1 |
Loss (credit) on probables |
|
|
(6,456)* |
|
|
11,760 * |
Total |
|
|
$ 3,954 |
|
|
$14,707 |
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