INTERACTIVE

The funded status of corporate pension funds

The largest corporate pension plans ranked by funding ratio — plan assets as a percentage of projected benefit obligation — as of Dec. 31, 2017, unless otherwise noted. Dollars are in millions.
RankFundFair value
of plan
assets
Benefit obligationFunded
status
Plan assets
as % of
PBO
1NextEra Energy$4,020$2,593$1,427155.0%
2BB&T$6,309$4,939$1,370127.7%
3Bank of America$19,708$15,706$4,002125.5%
4 Bank of New York Mellon (BK)$5,496$4,405$1,091124.8%
5J.P. Morgan Chase$19,603$16,700$2,903117.4%
6SunTrust Banks$3,288$2,910$378113.0%
7PNC Financial Services$5,253$4,789$464109.7%
8Travelers$3,957$3,679$278107.6%
9Duke Energy$9,003$8,448$555106.6%
10Honeywell International$18,985$18,151$834104.6%
11Macy's1$3,409$3,271$138104.2%
12WestRock2$4,108$3,942$166104.2%
13Aetna$6,331$6,218$113101.8%
14J.C. Penney1$3,528$3,467$61101.8%
15Kraft Heinz$4,785$4,719$66101.4%
16Target1$4,117$4,092$25100.6%
17IBM$52,694$52,444$250100.5%
18Bristol-Myers Squibb$6,749$6,749$0100.0%
19American Electric Power$5,174$5,216-$4299.2%
20 Prudential Financial$13,655$13,838-$18398.7%
21Eastman Kodak$3,804$3,866-$6298.4%
22Emerson Electric2$4,292$4,369-$7798.2%
23United Technologies$35,689$36,999-$1,31096.5%
24Wells Fargo$10,667$11,110-$44396.0%
25 U.S. Bancorp$5,482$5,720-$23895.8%
26Ford$44,160$46,340-$2,18095.3%
27Altria$8,015$8,510-$49594.2%
28 Southern Co.$12,992$13,808-$81694.1%
29U.S. Steel$5,732$6,107-$37593.9%
30Coca-Cola$8,843$9,455-$61293.5%
31 Abbott Laboratories$9,298$9,953-$65593.4%
32Goodyear$4,978$5,331-$35393.4%
33Union Pacific$4,224$4,529-$30593.3%
34Johnson Controls2$3,165$3,419-$25492.6%
35Allstate$6,284$6,815-$53192.2%
36Textron$7,877$8,563-$68692.0%
37Consolidated Edison$14,274$15,536-$1,26291.9%
38Deere3$12,093$13,166-$1,07391.9%
39General Mills4$5,925$6,459-$53391.7%
40Charter Communications$3,273$3,569-$29691.7%
41Southern California Edison$3,390$3,702-$31291.6%
42Merck$10,896$11,904-$1,00891.5%
43General Motors$62,639$68,450-$5,81191.5%
44UPS$41,932$45,847-$3,91591.5%
45PSEG$5,812$6,359-$54791.4%
46 Citigroup$12,725$14,040-$1,31590.6%
47Eaton$3,585$3,961-$37690.5%
483M$15,686$17,360-$1,67490.4%
49Pinnacle West Capital$3,057$3,394-$33790.1%
50FedEx5$24,933$27,870-$2,93789.5%
51Kellogg$5,043$5,648-$60589.3%
52Dominion Energy$8,062$9,052-$99089.1%
53Verizon$19,175$21,531-$2,35689.1%
54Ameren$4,293$4,827-$53488.9%
55PG&E$16,652$18,757-$2,10588.8%
56HP6$10,838$12,266-$1,42888.4%
57Schlumberger$4,058$4,603-$54588.2%
58Cigna$4,281$4,969-$68886.2%
59Huntington Ingalls$5,837$6,778-$94186.1%
60International Paper$11,368$13,264-$1,89685.7%
61Pfizer$14,284$16,702-$2,41885.5%
62 Johnson & Johnson$28,404$33,221-$4,81785.5%
63AIG$4,350$5,091-$74185.4%
64Baxter$5,248$6,159-$91185.2%
65Northrop Grumman$27,226$31,967-$4,74185.2%
66PepsiCo$12,582$14,777-$2,19585.1%
67 MetLife$9,688$11,409-$1,72184.9%
68Walt Disney2$12,325$14,532-$2,20784.8%
69CenturyLink$11,060$13,122-$2,06284.3%
70Exelon$18,573$22,337-$3,76483.1%
71DTE Energy$4,636$5,576-$94083.1%
72 The Hartford$3,592$4,376-$78482.1%
73Weyerhaeuser$5,514$6,795-$1,28181.1%
74Harris7$4,921$6,140-$1,21980.1%
75Eversource Energy$4,740$5,937-$1,19779.8%
76Boeing$64,011$80,393-$16,38279.6%
77Eli Lilly$11,845$15,098-$3,25478.4%
78Caterpillar$13,416$17,326-$3,91077.4%
79Xerox$3,224$4,180-$95677.1%
80Marsh & McLennan$4,787$6,221-$1,43476.9%
81Medtronic8$2,479$3,232-$75376.7%
82AT&T$45,463$59,294-$13,83176.7%
83DowDuPont$43,685$57,401-$13,71676.1%
84Entergy$6,071$7,987-$1,91676.0%
85CBS$3,046$4,040-$99475.4%
86Raytheon$21,002$28,569-$7,56773.5%
87Chevron$9,948$13,580-$3,63273.3%
88Unisys$3,578$5,002-$1,42371.5%
89General Dynamics$10,130$14,212-$4,08271.3%
90Alcoa$5,322$7,639-$2,31769.7%
91Motorola Solutions$3,614$5,235-$1,62169.0%
92Lockheed Martin$33,095$48,686-$15,59168.0%
93Delta Air Lines$14,744$21,696-$6,95268.0%
94United Continental Holdings$3,932$5,852-$1,92067.2%
95General Electric$50,361$74,985-$24,62467.2%
96Exxon Mobil$12,782$19,310-$6,52866.2%
97Arconic$4,862$7,359-$2,49766.1%
98FirstEnergy$6,704$10,167-$3,46365.9%
99Sears Holdings1$2,528$4,003-$1,47563.2%
100American Airlines$11,395$18,275-$6,88062.4%
Totals/averages$1,244,668$1,452,364-$207,69685.7%
Average for 201789.2%
Average for 201684.5%
Average for 201585.1%
Average for 201485.7%
Notes: 1 Data are as of Feb. 3, 2018; 2 Data are as of Sept. 30, 2017; 3 Data are as of Oct. 29, 2017; 4 Data are as of May 28, 2017; 5 Data are as of May 31, 2017; 6 Data are as of Oct. 31, 2017; 7 Data are as of June 30, 2017; 8 Data are as of April 28, 2017.
Source: Company reports