C » Topics » FAIR VALUATION

These excerpts taken from the C 10-K filed Feb 27, 2009.

FAIR VALUATION

 

The following table shows the expected versus actual rate of return on plan assets for the U.S. pension and postretirement plans:

 

     2008     2007     2006  

Expected rate of return

  7.75 %   8.0 %   8.0 %

Actual rate of return

  (5.42 )%   13.2 %   14.7 %

For the foreign plans, pension expense for 2008 was reduced by the expected return of $487 million, compared with the actual return of $(883) million. Pension expense for 2007 and 2006 was reduced by expected returns of $477 million and $384 million, respectively. Actual returns were higher in 2007 and 2006 than the expected returns in those years.

FAIR VALUATION

 

The following table shows the expected versus actual rate of return on plan assets for the U.S. pension and postretirement plans:

 

     2008     2007     2006  

Expected rate of return

  7.75 %   8.0 %   8.0 %

Actual rate of return

  (5.42 )%   13.2 %   14.7 %

For the foreign plans, pension expense for 2008 was reduced by the expected return of $487 million, compared with the actual return of $(883) million. Pension expense for 2007 and 2006 was reduced by expected returns of $477 million and $384 million, respectively. Actual returns were higher in 2007 and 2006 than the expected returns in those years.

This excerpt taken from the C 10-Q filed Oct 31, 2008.

FAIR VALUATION

        For a discussion of fair value of assets and liabilities, see Note 17 to the Consolidated Financial Statements on page 125.

This excerpt taken from the C 10-Q filed Aug 1, 2008.

FAIR VALUATION

        For a discussion of fair value of assets and liabilities, see Note 17 to the Consolidated Financial Statements on page 110.


CONTROLS AND PROCEDURES

This excerpt taken from the C 10-Q filed May 2, 2008.

FAIR VALUATION

        For a division of fair value of assets and liabilities, see Note 16 to the Consolidated Financial Statements on page 95.

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