| (Dollars in Millions) | Single-Employer Program | Multiemployer Program | Memorandum Total | |||
|---|---|---|---|---|---|---|
| Sept 30, 2008 | Sept 30, 2007 | Sept 30, 2008 | Sept 30, 2007 | Sept 30, 2008 | Sept 30, 2007 | |
| LIABILITIES | ||||||
| Present value of future benefits, net (Note 5): | ||||||
| Trusteed plans | $56,570 | $65,096 | $1 | $2 | $56,571 | $65,098 |
| Plans pending termination and trusteeship | 216 | 298 | 0 | 0 | 216 | 298 |
| Settlements and judgments | 56 | 55 | 0 | 0 | 56 | 55 |
| Claims for probable terminations | 3,154 | 3,786 | 0 | 0 | 3,154 | 3,786 |
| Total present value of future benefits,net | 59,996 | 69,235 | 1 | 2 | 59,997 | 69,237 |
| Present value of nonrecoverable future financial assistance (Note 6) | 1,768 | 2,124 | 1,768 | 2,124 | ||
| Payable upon return of securities loaned | 3,772 | 5,045 | 0 | 0 | 3,772 | 5,045 |
| Unearned premiums | 331 | 302 | 31 | 26 | 362 | 328 |
| Due for purchases of securities | 1,847 | 814 | 0 | 0 | 1,847 | 814 |
| Derivative contracts (Note 4) | 6,217 | 4,845 | 0 | 0 | 6,217 | 4,845 |
| Accounts payable and accrued expenses (Note 7) | 163 | 111 | 0 | 0 | 163 | 111 |
| Total liabilities | 72,326 | 80,352 | 1,800 | 2,152 | 74,126 | 82,506 |
| Net position | (10,678) | (13,111) | (473) | (955) | (11,151) | (14,066) |
| Total liabilities and net position | $61,648 | $67,241 | $1,327 | $1,197 | $62,975 | $68,438 |
| The accompanying notes are an integral part of these financial statements | ||||||