Table 21 SOP 03-3 Portfolio – Discontinued Real Estate State Concentrations
## Table 0 ##
(1) Represents additional net charge-offs for 2008 had the portfolio not been subject to SOP 03-3.
California represented approximately 55 percent of the outstanding discontinued real estate SOP 03-3 portfolio and Florida represented approximately 10 percent at December 31, 2008.
Had the acquired portfolio not been subject to SOP 03-3 the discontinued real estate portfolio would have recorded additional net charge-offs of $1.7 billion.
The table above presents outstandings net of purchase accounting adjustments and net charge-offs had the portfolio not been subject to SOP 03-3, by certain state concentrations.
Pay option ARMs have interest rates that adjust monthly and minimum required payments that adjust annually (subject to resetting of the loan if minimum payments are made and deferred interest limits are reached).
Annual payment adjustments are subject to a 7.5 percent maximum change.
To ensure that contractual loan payments are adequate to repay a loan, the fully amortizing loan payment amount is re-established after the initial five or 10-year period and again every five years thereafter.
These payment adjustments are not subject to the 7.5 percent limit and may be substantial due to changes in interest rates and the addition of unpaid interest to the loans’ balance.
Payment advantage ARMs have interest rates that are fixed for an initial period of five years.
Payments are subject to reset if the minimum payments are made and deferred interest limits are reached.
If interest deferrals cause the loan’s principal balance to reach a certain level within the first 10 years of the loans, the payment is reset to the interest-only payment; then at the 10-year point, the fully amortizing payment is required.
The difference between the frequency of changes in the loans’ interest rates and payments along with a limitation on changes in the minimum monthly payments to 7.5 percent per year can result in payments that are not sufficient to pay all of the monthly interest charges (i. e. , negative amortization).
Unpaid interest charges are added to the loan balance until the loan’s balance increases to a specified limit, which is no more than 115 percent of the original loan amount, at which time a new monthly payment amount adequate to repay the loan over its remaining contractual life is established.
At December 31, 2008 the unpaid principal balance of pay option loans was $23.2 billion, with a carrying amount of $18.2 billion, including $16.8 billion of loans that were impaired at acquisition.
The total unpaid principal balance of pay option loans with accumulated negative amortization was $21.2 billion and accumulated negative amortization from the original loan balance was $1.3 billion.
The percentage of borrowers electing to make only the minimum payment on option arms was 57 percent at December 31, 2008.
We continue to evaluate our exposure to payment resets on the acquired negatively amortizing loans and have taken into consideration several assumptions regarding this evaluation (e. g. , prepayment rates).
We also continue to evaluate the potential for resets on the SOP 03-3 pay option portfolio.
Based on our expectations, four percent, 31 percent and 20 percent of the pay option loan portfolio is expected to be reset in 2009, 2010, and 2011, respectively.
Approximately nine percent is expected to be reset thereafter, and approximately 36 percent are expected to repay prior to being reset.
We manage these SOP 03-3 portfolios, including consideration for the home retention programs to modify troubled mortgages, consistent with our other consumer real estate practices.
These programs are in line with the Corporation’s original expectations upon acquisition and will not impact the Corporation’s purchase accounting adjustments.
For more information, see Recent Events beginning on page 22.  Credit Card – Domestic The consumer domestic credit card portfolio is managed in Card Services.
Outstandings in the held domestic credit card loan portfolio decreased $1.6 billion at December 31, 2008 compared to December 31, 2007 due to higher securitized balances and risk mitigation initiatives partially offset by lower payment rates.
Held domestic loans past due 90 days or more and still accruing interest increased $342 million from December 31, 2007.
Net charge-offs for the held domestic portfolio increased $1.1 billion to $4.2 billion for 2008, or 6.57 percent of total average held credit card – domestic loans compared to 5.29 percent for 2007.
The increase was reflective of the slowing economy including rising unemployment, underemployment and higher bankruptcies particularly in geographic areas that have experienced the most significant home price declines.
Managed domestic credit card outstandings increased $2.3 billion to $154.2 billion at December 31, 2008 compared to December 31, 2007 due in part to lower payment rates partially offset by risk mitigation initiatives.
Managed net losses increased $3.1 billion to $10.1 billion for 2008, or 6.60 percent of total average managed domestic loans compared to 4.91 percent in 2007.
The increase in managed net losses was driven by the same factors as described in the held discussion above.
Our managed credit card – domestic loan portfolio in the states of California and Florida represented in aggregate 24 percent of credit card – domestic outstandings at December 31, 2008.
These states represented 31 percent of the credit card – domestic net losses for 2008.
Table 22 presents asset quality indicators by certain state concentrations for the managed credit card – domestic portfolio.
Pension Plans with ABO and PBO in excess of plan assets as of December 31, 2012 and 2011 are presented in the table below.
For the non-qualified plans not subject to ERISA or non-U.
S.  pension plans, funding strategies vary due to legal requirements and local practices.
Plans with ABO and PBO in Excess of Plan Assets
## Table 1 ##
Net periodic benefit cost of the Corporation’s plans for 2012, 2011 and 2010 included the following components.
Components of Net Periodic Benefit Cost
## Table 2 ##
Nonqualified and Other Pension Plans (1)
(1) Includes nonqualified pension plans and the terminated Merrill Lynch U. S.  pension plan.
n/a = not applicable Net periodic postretirement health and life expense was determined using the “projected unit credit” actuarial method.
Gains and losses for all benefits except postretirement health care are recognized in accordance with the standard amortization provisions of the applicable accounting guidance.
For the Postretirement Health Care Plans, 50 percent of the unrecognized gain or loss at the beginning of the fiscal year (or at subsequent remeasurement) is recognized on a level basis during the year.
The discount rate and expected return on plan assets impact the net periodic benefit cost (income) recorded for the plans.
With all other assumptions held constant, a 25 bps decline in the discount rate would not have a significant impact while a 25 bps decline in the expected return on plan assets would result in an increase of approximately $33 million for the Qualified Pension Plans.
For the Non-U.
S.  Pension Plans, the Nonqualified and Other
PART III Item 10.
Directors, and Executive Officers and Corporate Governance.
Pursuant to Section 406 of the Sarbanes-Oxley Act of 2002, we have adopted a Code of Ethics for Senior Financial Officers that applies to our principal executive officer and principal financial officer, principal accounting officer and controller, and other persons performing similar functions.
Our Code of Ethics for Senior Financial Officers is publicly available on our website at www.
hologic.
com.
We intend to satisfy the disclosure requirement under Item 5.05 of Current Report on Form 8-K regarding an amendment to, or waiver from, a provision of this code by posting such information on our website, at the address specified above.
The additional information required by this item is incorporated by reference to our Definitive Proxy Statement for our annual meeting of stockholders to be filed with the Securities and Exchange Commission within 120 days after the close of our fiscal year.
Item 11.
Executive Compensation.
The information required by this item is incorporated by reference to our Definitive Proxy Statement for our annual meeting of stockholders to be filed with the Securities and Exchange Commission within 120 days after the close of our fiscal year.
Item 12.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.
We maintain a number of equity compensation plans for employees, officers, directors and others whose efforts contribute to our success.
The table below sets forth certain information as of the end of our fiscal year ended September 27, 2008 regarding the shares of our common stock available for grant or granted under stock option plans and equity incentives that (i) were approved by our stockholders, and (ii) were not approved by our stockholders.
The number of securities and the exercise price of the outstanding securities have been adjusted to reflect our two-for-one stock splits effected on November 30, 2005 and April 2, 2008.
Equity Compensation Plan Information

<table><tr><td></td><td colspan="2">December 31, 2008 Outstandings</td><td colspan="2"> Year Ended December 31, 2008  SOP 03-3 Net Charge-offs<sup>-1</sup></td><td></td></tr><tr><td>(Dollars in millions)</td><td> Amount</td><td>Percent of Total</td><td> Amount</td><td> Percent of Total</td><td></td></tr><tr><td>California</td><td>$9,987</td><td>55.2%</td><td>$1,010</td><td>59.4%</td><td></td></tr><tr><td>Florida</td><td>1,831</td><td>10.1</td><td>275</td><td>16.2</td><td></td></tr><tr><td>Arizona</td><td>666</td><td>3.7</td><td>61</td><td>3.6</td><td></td></tr><tr><td>Virginia</td><td>580</td><td>3.2</td><td>48</td><td>2.8</td><td></td></tr><tr><td>Washington</td><td>492</td><td>2.7</td><td>8</td><td>0.5</td><td></td></tr><tr><td>Other U.S./ Foreign</td><td>4,541</td><td>25.1</td><td>297</td><td>17.5</td><td></td></tr><tr><td> Total SOP 03-3 discontinued real estate loans</td><td>$18,097</td><td>100.0%</td><td>$1,699</td><td> 100.0</td><td> %</td></tr></table>
<table><tr><td></td><td colspan="2">QualifiedPension Plans</td><td colspan="2">Non-U.S.Pension Plans</td><td colspan="2">Nonqualifiedand OtherPension Plans</td></tr><tr><td>(Dollars in millions)</td><td>2012</td><td>2011</td><td>2012</td><td>2011</td><td>2012</td><td>2011</td></tr><tr><td>Plans with ABO in excess of plan assets</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>PBO</td><td>$7,171</td><td>$—</td><td>$883</td><td>$732</td><td>$1,182</td><td>$1,174</td></tr><tr><td>ABO</td><td>7,171</td><td>—</td><td>843</td><td>698</td><td>1,181</td><td>1,173</td></tr><tr><td>Fair value of plan assets</td><td>7,114</td><td>—</td><td>510</td><td>428</td><td>2</td><td>2</td></tr><tr><td>Plans with PBO in excess of plan assets</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>PBO</td><td>$7,171</td><td>$6,624</td><td>$896</td><td>$732</td><td>$1,182</td><td>$1,174</td></tr><tr><td>Fair value of plan assets</td><td>7,114</td><td>6,557</td><td>522</td><td>428</td><td>2</td><td>2</td></tr></table>
<table><tr><td></td><td colspan="3">Qualified Pension Plans</td><td colspan="3">Non-U.S. Pension Plans</td></tr><tr><td>(Dollars in millions)</td><td>2012</td><td>2011</td><td>2010</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>Components of net periodic benefit cost</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Service cost</td><td>$236</td><td>$423</td><td>$397</td><td>$40</td><td>$43</td><td>$32</td></tr><tr><td>Interest cost</td><td>681</td><td>746</td><td>748</td><td>97</td><td>99</td><td>95</td></tr><tr><td>Expected return on plan assets</td><td>-1,246</td><td>-1,296</td><td>-1,263</td><td>-137</td><td>-115</td><td>-97</td></tr><tr><td>Amortization of prior service cost</td><td>9</td><td>20</td><td>28</td><td>—</td><td>—</td><td>—</td></tr><tr><td>Amortization of net actuarial loss (gain)</td><td>469</td><td>387</td><td>362</td><td>-9</td><td>—</td><td>-1</td></tr><tr><td>Recognized loss due to settlements and curtailments</td><td>58</td><td>—</td><td>—</td><td>—</td><td>—</td><td>—</td></tr><tr><td>Net periodic benefit cost (income)</td><td>$207</td><td>$280</td><td>$272</td><td>$-9</td><td>$27</td><td>$29</td></tr><tr><td>Weighted-average assumptions used to determine net cost for years ended December 31</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Discount rate</td><td>4.95%</td><td>5.45%</td><td>5.75%</td><td>4.87%</td><td>5.32%</td><td>5.41%</td></tr><tr><td>Expected return on plan assets</td><td>8.00</td><td>8.00</td><td>8.00</td><td>6.65</td><td>6.58</td><td>6.60</td></tr><tr><td>Rate of compensation increase</td><td>4.00</td><td>4.00</td><td>4.00</td><td>4.42</td><td>4.85</td><td>4.67</td></tr><tr><td></td><td colspan="3">Nonqualified andOther Pension Plans<sup>-1</sup></td><td colspan="3">Postretirement Healthand Life Plans</td></tr><tr><td>(Dollars in millions)</td><td>2012</td><td>2011</td><td>2010</td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>Components of net periodic benefit cost</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Service cost</td><td>$1</td><td>$3</td><td>$3</td><td>$13</td><td>$15</td><td>$14</td></tr><tr><td>Interest cost</td><td>138</td><td>152</td><td>163</td><td>71</td><td>80</td><td>92</td></tr><tr><td>Expected return on plan assets</td><td>-152</td><td>-141</td><td>-138</td><td>-8</td><td>-9</td><td>-9</td></tr><tr><td>Amortization of transition obligation</td><td>—</td><td>—</td><td>—</td><td>32</td><td>31</td><td>31</td></tr><tr><td>Amortization of prior service cost (credits)</td><td>-3</td><td>-8</td><td>-8</td><td>4</td><td>4</td><td>6</td></tr><tr><td>Amortization of net actuarial loss (gain)</td><td>8</td><td>16</td><td>10</td><td>-38</td><td>-17</td><td>-49</td></tr><tr><td>Recognized loss due to settlements and curtailments</td><td>—</td><td>3</td><td>17</td><td>—</td><td>—</td><td>—</td></tr><tr><td>Net periodic benefit cost (income)</td><td>$-8</td><td>$25</td><td>$47</td><td>$74</td><td>$104</td><td>$85</td></tr><tr><td>Weighted-average assumptions used to determine net cost for years ended December 31</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Discount rate</td><td>4.65%</td><td>5.20%</td><td>5.75%</td><td>4.65%</td><td>5.10%</td><td>5.75%</td></tr><tr><td>Expected return on plan assets</td><td>5.25</td><td>5.25</td><td>5.25</td><td>8.00</td><td>8.00</td><td>8.00</td></tr><tr><td>Rate of compensation increase</td><td>4.00</td><td>4.00</td><td>4.00</td><td>n/a</td><td>n/a</td><td>n/a</td></tr></table>

Question: What's the sum of PBO of QualifiedPension Plans 2012, and Expected return on plan assets of Qualified Pension Plans 2010 ?
Answer: 8434