Pension Plans

Other than
Pension Plans

U.S.

International

Post-retirement

(In millions)

2016

2015

2016

2015

2016

2015

Change in benefit obligation:

Benefit obligation at beginning of year

$

$

$

$

$

$

Service cost

Interest cost

Plan participant contributions

—

—

Actuarial loss (gain)

)

Foreign currency exchange rate impact

—

—

)

)

)

)

Benefits, expenses, taxes and premiums paid

)

)

)

)

)

)

Plan amendments

—

—

—

—

—

Settlements and curtailments

—

—

)

)

—

—

Special termination benefits

—

—

—

—

Benefit obligation at end of year

$

$

$

$

$

$

Change in plan assets:

Fair value of plan assets at beginning of year

$

$

$

$

$

$

Actual return on plan assets

Foreign currency exchange rate impact

—

—

)

)

—

—

Employer contributions

Plan participant contributions

—

—

Settlements

—

—

)

)

—

—

Benefits, expenses, taxes and premiums paid from plan assets

)

)

)

)

)

)

Fair value of plan assets at end of year

$

$

$

$

$

$

Funded status

$

)

$

)

$

)

$

)

$

)

$

)

Amounts recognized in the Balance Sheet consist of:

Other assets

$

—

$

$

$

$

—

$

—

Other accrued liabilities

)

)

)

)

)

)

Other noncurrent liabilities

)

)

)

)

)

)

Funded status

)

)

)

)

)

)

Accumulated other comprehensive loss

Net amount recognized

$

$

$

$

$

)

$

)

Pension Plans

Other than
Pension Plans

U.S.

International

Post-retirement

($ in millions)

2016

2015

2014

2016

2015

2014

2016

2015

2014

Components of net periodic benefit cost:

Service cost

$

$

$

$

$

$

$

$

$

Interest cost

Expected return on assets

)

)

)

)

)

)

)

)

) 

Amortization of:

Actuarial loss

Prior service cost

Settlements

—

—

—

)

—

—

—

Curtailments

—

—

—

—

)

—

—

—

—

Special termination benefits

—

—

—

—

—

—

—

Net periodic benefit cost

$

$

$

$

$

$

$

$

$

Weighted-average assumptions used to determine benefit obligations at June 30:

Discount rate

3.00 –
3.70

%

3.70 –
4.40

%

3.60 –
4.30

%

.25 –
6.00

%

.75 –
7.00

%

.50 –
6.75

%

3.50 –
9.50

%

4.25 –
9.00

%

4.10 –
9.00

%

Rate of compensation

3.00 –

3.00 –

3.00 –

0 –

0 –

1.00 –

N/A

N/A

N/A

increase

%

%

%

%

%

%

Weighted-average assumptions used to determine net periodic benefit cost for the year ended June 30:

Discount rate

3.70 –

3.60 –

4.30 –

.75 –

.50 –

1.00 –

4.25 –

4.10 –

4.75 –

%

%

%

%

%

%

%

%

%

Expected return on assets

%

%

%

2.00 –

2.00 –

2.25 –

%

%

%

%

%

%

Rate of compensation

3.00 –

3.00 –

4.00 –

0 –

1.00 –

1.00 –

N/A

N/A

N/A

increase

%

%

%

%

%

%

(In millions)

100 Basis-Point
Increase

100 Basis-Point
Decrease

Effect on total service and interest costs

$

$

)

Effect on post-retirement benefit obligations

$

$

)

Pension Plans

Other than
Pension Plans

(In millions)

U.S.

International

Post-retirement

Total

Net actuarial losses, beginning of year

$

$

$

$

Actuarial losses recognized

Amortization and settlements included in net periodic benefit cost

)

)

)

)

Translation adjustments

—

)

—

)

Net actuarial losses, end of year

Net prior service cost, beginning of year

Prior service cost recognized

—

—

Amortization included in net periodic benefit cost

)

)

)

)

Translation adjustments

—

)

—

)

Net prior service cost, end of year

Total amounts recognized in AOCI

$

$

$

$

Pension Plans

Other than
Pension Plans

(In millions)

U.S.

International

Post-retirement

Net prior service cost

$

$

$

Net actuarial losses

$

$

$

Pension Plans

Retirement Growth
Account

Restoration

International

(In millions)

2016

2015

2016

2015

2016

2015

Projected benefit obligation

$

$

$

$

$

$

Accumulated benefit obligation

$

$

$

$

$

$

Fair value of plan assets

$

$

$

—

$

—

$

$

Pension Plans

Other than
Pension Plans

(In millions)

U.S.

International

Post-retirement

Expected employer contributions for year ending June 30, 2017

$

—

$

$

—

Expected benefit payments for year ending June 30,

2017

2018

2019

2020

2021

Years 2022 – 2026

Pension Plans

Other than
Pension Plans

U.S.

International

Post-retirement

Equity

%

%

%

Debt securities

%

%

%

Other

%

%

%

%

%

%

(In millions)

Level 1

Level 2

Level 3

Total

Cash and cash equivalents

$

$

—

$

—

$

Short-term investment funds

—

—

Government and agency securities

—

—

Equity securities

—

—

Debt instruments

—

—

Commingled funds

Insurance contracts

—

—

Limited partnerships and hedge fund investments

—

Total

$

$

$

$

(In millions)

Level 1

Level 2

Level 3

Total

Cash and cash equivalents

$

$

—

$

—

$

Short-term investment funds

—

—

Government and agency securities

—

—

Equity securities

—

—

Debt instruments

—

—

Commingled funds

Insurance contracts

—

—

Limited partnerships and hedge fund investments

—

Total

$

$

$

$

(In millions)

Commingled
Funds

Insurance
Contracts

Limited
Partnerships
and Hedge
Fund
Investments

Total

Balance as of June 30, 2015

$

$

$

$

Actual return on plan assets:

Relating to assets still held at the reporting date

)

Relating to assets sold during the year

—

)

)

Purchases, sales, issuances and settlements, net

)

)

Foreign exchange impact

)

)

—

)

Balance as of June 30, 2016

$

$

$

$