Company: ABBV
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001551152-25-000020
Chunk: 250

Company: AbbVie Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 3
Chunk 250
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 of plan assets265 5,552 Amounts Recognized in Other Comprehensive Income (Loss)The following table summarizes the pre-tax losses (gains) included in other comprehensive income (loss):years ended December 31 (in millions)202420232022Defined benefit plansActuarial gain$(935)$(16)$(925)Amortization of prior service cost— (1)(2)Amortization of actuarial loss(52)(16)(231)Foreign exchange loss (gain) and other— (44)17 Total gain$(987)$(77)$(1,141)Other post-employment plansActuarial loss (gain)$(62)$89 $(229)Prior service credit— — (2)Amortization of prior service credit36 36 38 Amortization of actuarial loss(17)(12)(26)Total loss (gain)$(43)$113 $(219)Net Periodic Benefit Costyears ended December 31 (in millions)202420232022Defined benefit plansService cost$286 $270 $454 Interest cost451 432 297 Expected return on plan assets(785)(723)(712)Amortization of prior service cost— 1 2 Amortization of actuarial loss52 16 231 Net periodic benefit cost (credit)$4 $(4)$272 Other post-employment plansService cost$43 $37 $51 Interest cost41 37 23 Amortization of prior service credit(36)(36)(38)Amortization of actuarial loss17 12 26 Net periodic benefit cost$65 $50 $62 The components of net periodic benefit cost other than service cost are included in other expense, net in the consolidated statements of earnings.

85     |  2024 Form 10-K

Weighted-Average Assumptions Used in Determining Benefit Obligations at the Measurement Dateas of December 3120242023Defined benefit plansDiscount rate5.4 %4.8 %Rate of compensation increases4.4 %4.8 %Cash balance interest crediting rate4.0 %4.4 %Other post-employment plansDiscount rate5.7 %5.1 %The assumptions used in calculating the December 31, 2024 measurement date benefit obligations will be used in the calculation of net periodic benefit cost in 202