JOHNSON & JOHNSON | 2013 | FY | 3

Employee Related Obligations
At the end of 2013 and 2012, employee related obligations recorded on the Consolidated Balance Sheets were:

(Dollars in Millions)
 
2013
 
2012
Pension benefits
 
$
2,950

 
4,488

Postretirement benefits
 
2,655

 
2,789

Postemployment benefits
 
1,872

 
1,452

Deferred compensation
 
693

 
747

Total employee obligations
 
8,170

 
9,476

Less current benefits payable
 
386

 
394

Employee related obligations — non-current
 
$
7,784

 
9,082



Prepaid employee related obligations of $2,363 million and $194 million for 2013 and 2012, respectively, are included in other assets on the Consolidated Balance Sheets.

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