v2.4.0.6
Postretirement Healthcare Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2010
Postretirement Healthcare Benefit Plans  
Changes in the U.S and foreign postretirememnt healthcare benefit plans' benefit obligations, assets and funded status of plans recognized in the balance sheet

 
  U.S. Postretirement
Healthcare Benefits
December 31,
  Foreign Postretirement
Healthcare Benefits
December 31,
 
(US$ in millions)
  2010   2009   2010   2009  

Change in benefit obligations:

                         

Benefit obligation as of beginning of year

  $ 26   $ 25   $ 111   $ 72  

Service cost

            1     2  

Interest cost

    2     2     10     10  

Actuarial (gain) loss, net

    (6 )   1     12     11  

Employee contributions

    1     1          

Net transfers in

                4  

Plan amendments

                (8 )

Plan settlements/divestitures

            (32 )    

Effect of acquisitions

            1      

Benefits paid

    (3 )   (3 )   (8 )   (6 )

Impact of foreign exchange rates

            5     26  
                   

Benefit obligation as of end of year

  $ 20   $ 26   $ 100   $ 111  
                   

Change in plan assets:

                         

Employer contributions

  $ 2   $ 2   $ 8   $ 6  

Employee contributions

    1     1          

Benefits paid

    (3 )   (3 )   (8 )   (6 )
                   

Fair value of plan assets as of end of year

  $   $   $   $  
                   

Funded status and net amounts recognized:

                         

Plan assets less than benefit obligation

  $ (20 ) $ (26 ) $ (100 ) $ (111 )

Net liability recognized in the balance sheet

  $ (20 ) $ (26 ) $ (100 ) $ (111 )
                   

Amounts recognized in the balance sheet consist of:

                         

Current liabilities

  $ (2 ) $ (3 ) $ (8 ) $ (7 )

Non-current liabilities

    (18 )   (23 )   (92 )   (104 )
                   

Net liability recognized

  $ (20 ) $ (26 ) $ (100 ) $ (111 )
                   
Net periodic benefit cost for U.S. and foreign postretirement healthcare benefit plans

 
  U.S. Postretirement Healthcare Benefits
Year Ended December 31,
  Foreign Postretirement Healthcare
Benefits Year Ended December 31,
 
(US$ in millions)
  2010   2009   2008   2010   2009   2008  

Service cost

  $   $   $   $ 1   $ 2   $ 1  

Interest cost

    2     2     1     10     10     6  

Amortization of prior service cost

                (1 )        

Amortization of net loss

                2         1  

Settlement gain recognized

                (26 )        
                           

Net periodic benefit costs

  $ 2   $ 2   $ 1   $ (14 ) $ 12   $ 8  
                           
Weighted average assumptions used in determining the benefit obligation under the U.S. and foreign postretirement healthcare benefit plans

 
  U.S. Postretirement
Healthcare Benefits
December 31,
  Foreign Postretirement
Healthcare Benefits
December 31,
 
 
  2010   2009   2010   2009  

Discount rate

    5.3 %   5.8 %   10.8 %   11.3 %
Weighted average assumptions used in determining the net periodic benefit cost under the U.S. and foreign postretirement healthcare benefit plans

 
  U.S. Postretirement
Healthcare Benefits
Year Ended
December 31,
  Foreign Postretirement
Healthcare Benefits
Year Ended
December 31,
 
 
  2010   2009   2008   2010   2009   2008  

Discount rate

    5.8 %   6.5 %   6.4 %   11.3 %   12.4 %   9.3 %
Effects of one-percentage-point change in assumed health care cost trend rates

(US$ in millions)
  One percentage
point increase
  One percentage
point decrease
 

Effect on total service and interest cost—U.S. plans

  $   $  

Effect on total service and interest cost—Foreign plans

  $ 1   $ (1 )

Effect on postretirement benefit obligation—U.S. plans

  $ 1   $ (1 )

Effect on postretirement benefit obligation—Foreign plans

  $ 12   $ (10 )
Estimated future benefit payments for U.S. and foreign postretirement healthcare benefit plans

(US$ in millions)
  U.S. Postretirement
Healthcare Benefit
Expected Payments
  Foreign Postretirement
Healthcare Benefit
Expected Payments
 

2011

  $ 2   $ 8  

2012

    2     8  

2013

    2     8  

2014

    2     9  

2015

    2     9  

2016-2020

    7     51