Multiemployer Program
Fiscal Year Ended September 30,
(Dollars in millions) 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999
Summary of Operations:
Premium Income $90 81 58 26 27 25 25 24 24 23
Other income 0 0 0 0  0 0 0  0 0 0
Investment income (loss) 121   23 (1) 79 54 37 118  95 70 (56)
Actuarial charges and adjustments (credits) (1) 0 0 0 1 1 0  1 0 0
Losses (gains) from financial assistance (271)   319   461 204  55 480 101  269 26 109
Administrative and investment expenses 0  0  0 0 0 0 0  0 0 0
Net income (loss) 482 (216) (404) (99) 25 (419) 42   (151) 68  (142)
Summary of Financial Position:
Cash  and investments 1,318  1,196  1,164 1,147 1,057 984 933 796 682 681
Total assets  1,327  1,197  1,166 1,160 1,070   1,000 944 807 694 692
Present value of future benefits 1 2 2  2 3  3 3  4 4 5
Nonrecoverable future financial   assistance, present value 1,768 2,124 1,876  1,485 1,295 1,250 775  679 414 479
Net position (473) (955) (739) (335)  (236)   (261) 158 116 267 199
Insurance Activity:
Benefits paid 0  0  1 1 1 1 1 1 1 1
Participants receiving monthly benefits   from PBGC at end of year 170 200 240 280   320   390 460 510 620 730
Plans receiving financial   assistance from PBGC 42 36   33   29 27  24 23 22 21 21