Ford Sees 4Q Pretax Remeasurement Loss of $2.2 Billion for Pensions, Other Benefit Plans
January 22 2020 - 5:22PM
Dow Jones News
By Josh Beckerman
Ford Motor Co. (F) expects a fourth-quarter pretax remeasurement
loss of about $2.2 billion related to its pension and other
post-employment benefits plans.
The company said the remeasurement loss reflects lower discount
rates compared with year-end 2018, offset partially by asset
returns in excess of its assumptions.
Ford said the remeasurement loss doesn't change its expectations
for pension contributions in 2020.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
January 22, 2020 17:07 ET (22:07 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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