Company: UIS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000746838-25-000008
Chunk: 137

Company: UNISYS CORP
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 137
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75

Retirement plans’ funded status and amounts recognized in the company’s consolidated balance sheets follows: U.S. PlansInternational PlansAs of December 31,2024202320242023Change in projected benefit obligationBenefit obligation at beginning of year$2,291.7 $2,852.9 $1,715.4 $1,574.6 Service cost— — 1.3 1.1 Interest cost115.9 152.7 68.0 72.3 Plan participants’ contributions— — 1.2 1.2 Plan settlement(192.0)(516.1)(2.9)(4.5)Actuarial (gain) loss(58.8)80.2 (155.0)67.7 Benefits paid(216.3)(278.0)(91.3)(80.9)Foreign currency translation adjustments— — (22.4)83.9 Benefit obligation at end of year$1,940.5 $2,291.7 $1,514.3 $1,715.4 Change in plan assetsFair value of plan assets at beginning of year$1,817.9 $2,440.1 $1,486.2 $1,444.3 Actual return on plan assets(32.1)166.1 (68.6)18.7 Employer contribution5.6 5.8 16.3 36.6 Plan participants’ contributions— — 1.2 1.2 Plan settlement(192.0)(516.1)(2.9)(4.5)Benefits paid(216.3)(278.0)(91.3)(80.9)Foreign currency translation adjustments— — (19.4)70.8 Fair value of plan assets at end of year$1,383.1 $1,817.9 $1,321.5 $1,486.2 Funded status at end of year$(557.4)$(473.8)$(192.8)$(229.2)Amounts recognized in the consolidated balance sheets consist of:Prepaid pension and postretirement assets$15.7 $30.7 $9.9 $7.3 Other accrued liabilities(5.2)(5.4)(