ANALOG DEVICES INC | 2013 | FY | 3

Obligation and asset data of the Company’s non-U.S. plans at each fiscal year end is presented in the following table:

 
2013
 
2012
Change in Benefit Obligation
 

 
 

Benefit obligation at beginning of year
$
272,256

 
$
210,913

Service cost
11,323

 
7,909

Interest cost
12,528

 
10,901

Participant contributions
2,412

 
2,523

Plan Amendments
—

 
(4,663
)
Premiums paid
(244
)
 
(191
)
Actuarial loss
41,808

 
63,127

Benefits paid
(2,693
)
 
(3,411
)
Exchange rate adjustment
10,275

 
(14,852
)
Benefit obligation at end of year
$
347,665

 
$
272,256

Change in Plan Assets
 

 
 

Fair value of plan assets at beginning of year
$
200,161

 
$
184,754

Actual return on plan assets
26,480

 
18,391

Employer contributions
16,181

 
10,611

Participant contributions
2,412

 
2,523

Premiums paid
(244
)
 
(191
)
Benefits paid
(2,693
)
 
(3,411
)
Exchange rate adjustment
7,032

 
(12,516
)
Fair value of plan assets at end of year
$
249,329

 
$
200,161

Reconciliation of Funded Status
 

 
 

Funded status
$
(98,336
)
 
$
(72,095
)
Amounts Recognized in the Balance Sheet
 

 
 

Non-current assets
$
—

 
$
2,596

Current liabilities
(642
)
 
(657
)
Non-current liabilities
(97,694
)
 
(74,034
)
Net amount recognized
$
(98,336
)
 
$
(72,095
)

 
2013
 
2012
Reconciliation of Amounts Recognized in the Statement of Financial Position
 

 
 

Initial net obligation
$
(85
)
 
$
(109
)
Prior service credit
4,657

 
4,663

Net loss
(110,885
)
 
(82,640
)
Accumulated other comprehensive loss
(106,313
)
 
(78,086
)
Accumulated contributions in excess of net periodic benefit cost
7,977

 
5,991

Net amount recognized
$
(98,336
)
 
$
(72,095
)
Changes Recognized in Other Comprehensive Income
 

 
 

Changes in plan assets and benefit obligations recognized in other comprehensive income
 

 
 

Prior service cost
$
—

 
$
(4,663
)
Net loss arising during the year (includes curtailment gains not recognized as a component of net periodic cost)
$
27,099

 
$
55,205

Effect of exchange rates on amounts included in accumulated other comprehensive income (loss)
3,912

 
(2,202
)
Amounts recognized as a component of net periodic benefit cost
 

 
 

Amortization, settlement or curtailment recognition of net transition obligation
(20
)
 
(19
)
Amortization or curtailment recognition of prior service credit (cost)
235

 
—

Amortization or settlement recognition of net loss
(2,999
)
 
(361
)
Total recognized in other comprehensive loss
$
28,227

 
$
47,960

Total recognized in net periodic cost and other comprehensive loss
$
43,091

 
$
56,681

Estimated amounts that will be amortized from accumulated other comprehensive (loss) income over the next fiscal year
 

 
 

Initial net obligation
$
(20
)
 
$
(20
)
Prior service credit
240


228

Net loss
(4,523
)
 
(2,939
)
Total
$
(4,303
)
 
$
(2,731
)

us-gaap:ScheduleOfDefinedBenefitPlansDisclosuresTextBlock