Document da2026wkvJwOek9K1m8jd4G1G

elOvk Page 65 of 84 Table of Contents COOPER INDUSTRIES, LTD. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued) Change in benefit obligation Benefit obligation at January 1 Service cost Interest cost Benefit payments Actuarial (gain) loss Exchange rate changes Other Benefit obligation at December 31 Other Pension Benefits Postretirement Benefits 2004 2003 2004 2003 (in millions) $ 691 5 162 41 8 (52 4) 46 4 11 1 91 763 7 $ 650 1 16 8 42 0 (47 6) 12 2 154 26 691 5 $ 138 8 02 82 (13 3) (4 4) -- -- 129 5 $ 139 0 02 92 (13 8) 42 -- -- 138 8 Change in plan assets Fair value of plan assets at January 1 Actual return on plan assets Employer contributions Benefit payments Exchange rate changes Other Fair value of plan assets at December 31 584 6 50 9 61 7 (49 8) 49 82 660 5 534 3 68 9 44 1 (45 6) 46 (217) 584 6 -- -- 13 3 (13 3) -- -- -- -- -- 13 8 (13 8) -- -- -- Funded status Unrecognized actuarial (gain) loss Unrecognized prior service cost Net amount recognized (103 2) 204 0 80 $ 108 8 ( 106 9) 166 8 79 $ 67 8 ( 129 5) (43 0) (0 8) $(173 3) ( 138 8) (414) (0 9) $(181 1) Amounts recognized in the balance sheet consist of Prepaid benefit asset Accrued benefit liability Accumulated other nonowner changes in equity Net amount recognized $ 120 2 (124 1) 1127 $ 108 8 $ 80 1 (1117) 99 4 $ 67 8 $-- ( 173 3) -- $(173 3) $-- (181 1) -- $(181 1) The accumulated benefit obligation for defined benefit pension plans was $738 8 million and $673 3 million at December 31, 2004 and 2003, respectively The projected benefit obligation, accumulated benefit obligation and fair value of plan assets of defined benefit pension plans with accumulated benefit obligations in excess of plan assets were $298 3 million, $291 9 million and $175 0 million, respectively as of December 31,2004 and $268 5 million, $262 6 million and $159 9 million, respectively at December 31, 2003 F-23 http.//www.sec gov/Archives/edgar/data/1141982/000095012905001490/h22660el0vk htm 2/6/2006