ROCKWELL COLLINS INC | 2013 | FY | 3

The following table reconciles the projected benefit obligations (PBO), plan assets, funded status and net liability for the Company's Pension Benefits and the Other Retirement Benefits.

 
 
Pension Benefits
 
Other
Retirement Benefits
(in millions)
 
2013
 
2012
 
2013
 
2012
PBO at beginning of period
 
$
3,967

 
$
3,518

 
$
254

 
$
254

Service cost
 
10

 
8

 
4

 
4

Interest cost
 
139

 
153

 
8

 
10

Discount rate and other assumption changes
 
(319
)
 
408

 
(19
)
 
25

Actuarial losses (gains)
 
19

 
57

 
(20
)
 
(7
)
Plan amendments
 
—

 
—

 
1

 
(16
)
Plan participant contributions
 
—

 
—

 
5

 
8

Benefits paid
 
(160
)
 
(175
)
 
(19
)
 
(24
)
Other
 
4

 
(2
)
 
—

 
—

PBO at end of period
 
3,660

 
3,967

 
214

 
254

Plan assets at beginning of period
 
2,501

 
2,111

 
12

 
9

Actual return on plan assets
 
317

 
437

 
1

 
2

Company contributions
 
122

 
126

 
15

 
17

Plan participant contributions
 
—

 
—

 
5

 
8

Benefits paid
 
(160
)
 
(175
)
 
(19
)
 
(24
)
Other
 
(1
)
 
2

 
—

 
—

Plan assets at end of period
 
2,779

 
2,501

 
14

 
12

Funded status of plans
 
$
(881
)
 
$
(1,466
)
 
$
(200
)
 
$
(242
)
Funded status consists of:
 
 
 
 
 
 
 
 
Retirement benefits liability
 
$
(879
)
 
$
(1,461
)
 
$
(198
)
 
$
(231
)
Compensation and benefits liability
 
(12
)
 
(11
)
 
(2
)
 
(11
)
Other assets
 
10

 
6

 
—

 
—

Net liability
 
$
(881
)
 
$
(1,466
)
 
$
(200
)
 
$
(242
)

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