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This excerpt taken from the HSY 10-K filed Feb 19, 2010. Average Discount Rate Assumption—Benefit Obligations The discount rate assumption to be used in calculating the amount of benefit obligations is determined in the same manner as the average discount rate assumption used to calculate net periodic benefit cost (income) as described above. We reduced our 2009 discount rate assumption due to the declining interest rate environment consistent with the duration of our pension plan liabilities. The use of a different discount rate assumption can significantly affect the amount of benefit obligations:
These excerpts taken from the HSY 10-K filed Feb 20, 2009. Average Discount Rate Assumption—Benefit Obligations The discount rate assumption to be used in calculating the amount of benefit obligations is determined in the same manner as the average discount rate assumption used to calculate net periodic benefit (income) cost as described above. We increased our 2008 discount rate assumption due to the increasing interest rate environment consistent with the duration of our pension plan liabilities. The use of a different discount rate assumption can significantly affect the amount of benefit obligations:
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Table of ContentsAverage Discount Rate Assumption—Benefit Obligations assumption used to calculate net periodic benefit (income) cost as described above. We increased our 2008 discount rate assumption due to the increasing interest rate environment consistent with the duration of our pension plan liabilities. The use of a different discount rate assumption can significantly affect the amount of benefit obligations:
44 Table of ContentsThese excerpts taken from the HSY 10-K filed Feb 19, 2008. Average Discount Rate Assumption—Benefit Obligations The discount rate assumption to be used in calculating the amount of benefit obligations is determined in the same manner as the average discount rate assumption used to calculate net periodic benefit (income) cost as described above. We increased our 2007 discount rate assumption due to the increasing interest rate environment. The use of a different discount rate assumption can significantly affect the amount of benefit obligations:
Average Discount Rate Assumption—Benefit Obligations assumption used to calculate net periodic benefit (income) cost as described above. We increased our 2007 discount rate assumption due to the increasing interest rate environment.
This excerpt taken from the HSY 10-K filed Feb 23, 2007. Average Discount Rate Assumption—Benefit Obligations The discount rate assumption to be used in calculating the amount of benefit obligations is determined in the same manner as the average discount rate assumption used to calculate net periodic benefit cost as described above. We increased our 2006 discount rate assumption due to the increasing interest rate environment. The use of a different discount rate assumption can significantly affect the amount of benefit obligations:
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