Losses From Completed And Probable Terminations Single-Employer Program

  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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