PensionsThanks all for your input. I went through last years annual report as well as the recent quarterly. There was some information on page 112 that frankly left me confused. The Sensitivity Analysis chart should help give an estimate of what pension benefits would be this year but I couldn't quite figure it out.
On page 164 the unfunded pension liability is stated as $1.86B as of Jan 2007 and $1.35B as of Jan 08.
I can't see this as being a big problem for the company.
It seems like this pension issue is just bashing.
Just my humble opinion
Good luck all