PROFITABLE GROWTH FOR ALL
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Notes to the Financial Statements<br />
NOTE 17. RETIREMENT BENEFITS (Continued)<br />
Benefit Plans – Expense and Status<br />
The measurement date for all of our worldwide postretirement benefit plans is December 31. The expense for our<br />
defined benefit pension and OPEB plans was as follows (in millions):<br />
Pension Benefits (a)<br />
Service cost<br />
Interest cost<br />
Expected return on assets<br />
Amortization of:<br />
Prior service costs/<br />
(credits)<br />
(Gains)/Losses and<br />
Other<br />
Separation programs<br />
(Gains)/Losses from<br />
curtailments and<br />
settlements<br />
Net expense/(income)<br />
2011<br />
$ 467<br />
2,374<br />
(3,028)<br />
343<br />
186<br />
9<br />
—<br />
$ 351<br />
U.S. Plans<br />
2010<br />
$ 376<br />
2,530<br />
(3,172)<br />
370<br />
12<br />
6<br />
—<br />
$ 122<br />
2009<br />
$ 343<br />
2,698<br />
(3,288)<br />
374<br />
8<br />
12<br />
—<br />
$ 147<br />
Non-U.S. Plans<br />
2011 2010 2009<br />
$ 327<br />
1,227<br />
(1,404)<br />
72<br />
333<br />
138<br />
111<br />
$ 314<br />
1,249<br />
(1,337)<br />
75<br />
246<br />
26<br />
—<br />
$ 804 $ 573<br />
$ 293<br />
1,253<br />
(1,309)<br />
83<br />
158<br />
176<br />
47<br />
$ 701<br />
Worldwide OPEB<br />
2011 2010 2009<br />
$ 63<br />
327<br />
—<br />
(612)<br />
94<br />
10<br />
(26)<br />
$ 54<br />
338<br />
—<br />
(617)<br />
96<br />
1<br />
(30)<br />
$ (144) $ (158)<br />
$ 408<br />
899<br />
(130)<br />
(913)<br />
82<br />
2<br />
244<br />
$ 592<br />
_______<br />
(a) Includes Volvo for 2009 – 2010.<br />
130 Ford Motor Company | 2011 Annual Report
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