Western Digital's (WDC) CEO Steve Milligan On Q4 2015 Results - Earnings Call Transcript. Good afternoon and thank you for standing by. Welcome to Western Digitalâs fourth quarter financial results for fiscal year 2015. Presently all participants are in a listen-only mode.
Pension funds of companies in the S&P 500 are underfunded by over $375BN, in aggregate, with the top 25 companies representing $225BN of the underfunding Skip to main content
That is the VBO and we can ignore it. The fair value of the plan assets ($4,245) subtracted by the PBO ($5,214) results in the funded status at the end of 2003 of -$969 million. The bottom line: PespiCo's pension plan at that time was under-funded by almost one billion dollars.