Document X0bbpJXmeV6bkEVgJEQygg5d
COOPER INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
Change in benefit obligation Benefit obligation at January 1 Service cost Interest cost Benefit payments Settlements Actuanal (gam) loss Acquisitions Other
Benefit obligation at December 31
Change in plan assets Fair value of plan assets at January 1 Actual return on plan assets Employer contributions Benefit payments Settlements Acquisitions Other
Fair value of plan assets at December 31
Funded status Unrecognized actuanal (gam) loss Unrecognized pnor service cost Other Net amount recognized
Pension Benefits
Other Postretirement Benefits
2001200020012000 (m millions)
$ 584 3
16 2 42 5
(44 4)
-
23 1
-
06 622 3
$ 565 3
14 9 41 0
(27 6) (25 7)
(5 9)
25 5
(3 2)
584 3
$ 1122
02 82
(13 3)
-
34 0
-
01 1414
$ 1165
01 88
(13 6)
-
(0 6)
22
(1 2)
1122
616 1
(3 6)
54
(44 4)
-
-
(3 1)
570 4
(519)
85 2 29 04
$ 36 6
615 3 10 7 76
(27 6) (25 7)
39 1
(3 3)
616 1
31 8 74 01 06
$ 39 9
-
-
13 3
(13 3)
-
(141 4) (53 5) (1 8)
-
$ (196 7)
-
-
13 6
(13 6)
-
(112 2) (96 0) (3 0)
-
$ (2112)
Amounts recognized in the balance sheet consist of Prepaid benefit asset Accrued benefit liability Intangible asset Accumulated other non-owner changes in equity
Net amount recognized
$ 103 2 (73 4)
12 56
$ 36 6
$ 105 4 (715)
15 45
$ 39 9
$ (196 7)
-
$ (196 7)
$(211 2)
-
$ (211 2)
The projected benefit obligation and accumulated benefit obligation for Cooper's unfunded defined benefit pension plans were $69.6 million and $65 2 million as of December 31, 2001, and $69 0 million and $64 4 million as of December 31,2000, respectively
F-19