Items tagged with "DefinedBenefitPlanFairValueOfPlanAssetsBenefitsPaid"

1.1 Element Selection

Issued: 4/29/11

Impact: All US GAAP

Company Extension Taxonomy

1.1.6 Duplicate Elements in Pensions

A number of companies have created duplicate elements for pension-related transactions, such as benefits paid. The element DefinedBenefitPlanBenefitsPaid reduces the pension obligation.  It also reduces the fair value of pension plan assets.  This item is defined in the taxonomy as a debit item to reflect the reduction in pension obligation.  As a result, a number […more]