CATERPILLAR INC | 2013 | FY | 3


The funded status of the plans, reconciled to the amount reported on Statement 3, is as follows:
 
 
 
U.S. Pension Benefits
 
Non-U.S. Pension Benefits
 
Other Postretirement Benefits
(Millions of dollars)
 
2013
 
2012
 
2011
 
2013
 
2012
 
2011
 
2013
 
2012
 
2011
End of Year
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Fair value of plan assets
 
$
12,395

 
$
10,981

 
$
9,997

 
$
3,949

 
$
3,426

 
$
2,818

 
$
822

 
$
789

 
$
814

Benefit obligations
 
14,419

 
15,913

 
14,782

 
4,609

 
4,737

 
4,299

 
4,784

 
5,453

 
5,381

Over (under) funded status recognized in financial position
 
$
(2,024
)
 
$
(4,932
)
 
$
(4,785
)
 
$
(660
)
 
$
(1,311
)
 
$
(1,481
)
 
$
(3,962
)
 
$
(4,664
)
 
$
(4,567
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Components of net amount recognized in financial position:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Other assets (non-current asset)
 
$
5

 
$

 
$

 
$
123

 
$
30

 
$
3

 
$

 
$

 
$

Accrued wages, salaries and employee benefits (current liability)
 
(26
)
 
(23
)
 
(21
)
 
(29
)
 
(27
)
 
(26
)
 
(169
)
 
(169
)
 
(171
)
Liability for postemployment benefits (non-current liability)
 
(2,003
)
 
(4,909
)
 
(4,764
)
 
(754
)
 
(1,314
)
 
(1,458
)
 
(3,793
)
 
(4,495
)
 
(4,396
)
Net liability recognized
 
$
(2,024
)
 
$
(4,932
)
 
$
(4,785
)
 
$
(660
)
 
$
(1,311
)
 
$
(1,481
)
 
$
(3,962
)
 
$
(4,664
)
 
$
(4,567
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amounts recognized in Accumulated other comprehensive income (pre-tax) consist of:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Net actuarial loss (gain)
 
$
4,396

 
$
7,286

 
$
7,044

 
$
1,373

 
$
1,907

 
$
1,712

 
$
662

 
$
1,528

 
$
1,495

Prior service cost (credit)
 
19

 
36

 
63

 
13

 
22

 
15

 
(84
)
 
(159
)
 
(188
)
Transition obligation (asset)
 

 

 

 

 

 

 

 
3

 
5

Total
 
$
4,415

 
$
7,322

 
$
7,107

 
$
1,386

 
$
1,929

 
$
1,727

 
$
578

 
$
1,372

 
$
1,312

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

us-gaap:ScheduleOfNetFundedStatusTableTextBlock