|
|
 | | | |
- close
- close
- close
- close
| |||||||||
This excerpt taken from the VZ 10-K filed Feb 26, 2010. Defined Benefit Pension and Postretirement Plans The change in Defined benefit pension and postretirement plans of $1.6 billion, net of taxes of $1.2 billion at December 31, 2009 was attributable to the change in the funded status of the plans in connection with the required annual pension and postretirement valuation. The funded status was impacted by changes in asset performance, actuarial assumptions, plan experience and settlement losses (see Note 12). The change in Defined benefit pension and postretirement plans of $8.5 billion, net of taxes of $5.4 billion at December 31, 2008 was attributable to the change in the funded status of the plans in connection with the required annual pension and postretirement valuation. The funded status was impacted by changes in asset performance, actuarial assumptions, and plan experience. In addition to the pension and postretirement items, we recorded a reduction to the beginning balance of Accumulated other comprehensive loss of $79 million ($44 million after-tax) in connection with the spin-off of our local exchange and related business assets in Maine, New Hampshire and Vermont. The change in Defined benefit pension and postretirement plans of $1.9 billion, net of taxes of $0.7 billion, at December 31, 2007 was attributable to the change in the funded status of the plans in connection with the required annual pension and postretirement valuation. The funded status was impacted by changes in actuarial assumptions, asset performance and plan experience.
The tables that follow provide additional financial information related to our consolidated financial statements: This excerpt taken from the VZ 8-K filed Nov 2, 2009. Defined Benefit Pension and Postretirement Plans The change in defined benefit pension and postretirement plans of $8.5 billion, net of taxes of $5.4 billion at December 31, 2008 was attributable to the change in the funded status of the plans in connection with the annual pension and postretirement valuation in accordance with SFAS No. 158. The funded status was impacted by changes in asset performance, actuarial assumptions, and plan experience. In addition to the pension and postretirement items, we recorded a reduction to the beginning balance of Accumulated other comprehensive loss of $79 million ($44 million after-tax) in connection with the spin-off of our local exchange and related business assets in Maine, New Hampshire and Vermont.
70
The tables that follow provide additional financial information related to our consolidated financial statements: This excerpt taken from the VZ 10-Q filed May 11, 2009. Defined Benefit Pension and Postretirement Plans The change in defined benefit pension and postretirement plans of $120 million, $96 million attributable to Verizon after-tax, for the three months ended March 31, 2009 was attributable to the change in the funded status of the plans in connection with the annual pension and postretirement valuation in accordance with SFAS No. 158, Employers Accounting for Defined Benefit Plans and Other Postretirement Benefits.
These excerpts taken from the VZ 10-K filed Feb 28, 2008. Defined Benefit Pension and Postretirement Plans
During 2007, the change in defined benefit pension and postretirement plans of $1,948 million, net of taxes of $661 million, represents the change in the funded status of the plans in connection with the annual pension and postretirement valuation in accordance with SFAS No. 158. The funded status was impacted by changes in actuarial assumptions, asset performance and plan experience.
Defined Benefit Pension and
During 2007, the change in defined | EXCERPTS ON THIS PAGE:
|
| |||||||
