XML 121 R169.htm IDEA: XBRL DOCUMENT v3.20.1
Pension and Other Employee Benefits - Summary of Changes in Present Value of Defined Benefit Obligations, Fair Value of Plan Assets and Components of Net Periodic Benefit Costs of Defined Benefit Pension Plans (Detail) - PHP (₱)
₱ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Disclosure Of Net Defined Benefit Liability Asset [Line Items]      
Interest costs on benefit obligation ₱ (22) ₱ 457 ₱ 539
Service costs 1,043 1,063 1,158
Unfunded status – net (8,914) (7,144) (8,969)
Accrued benefit costs 8,985 7,159 8,984
Prepaid benefit costs (Note 19) 71 15 15
Curtailment/settlement losses (gains) and other adjustments (181) 21 (341)
Net periodic benefit costs (Note 5) 840 1,541 1,356
Present value of defined benefit obligation [Member]      
Disclosure Of Net Defined Benefit Liability Asset [Line Items]      
Present value of defined benefit obligations at beginning of the year 20,683 21,503 23,142
Actuarial losses (gains) on obligations – economic assumptions 3,829 (2,611) (1,277)
Interest costs on benefit obligation 1,338 1,227 1,180
Service costs 1,043 1,063 1,158
Actuarial losses on obligations – experience 570 419 423
Actuarial losses on obligations – demographic assumptions 4    
Actual benefits paid/settlements (4,558) (887) (2,723)
Curtailments and others (Note 5) (271) (31) (400)
Present value of defined benefit obligations at end of the year 22,638 20,683 21,503
Plan assets [Member]      
Disclosure Of Net Defined Benefit Liability Asset [Line Items]      
Actual benefits paid/settlements (4,558) (887) (2,723)
Fair value of plan assets at beginning of the year 13,539 12,534 11,960
Actual contributions 7,598 5,110 5,122
Interest income on plan assets 1,360 770 641
Return on plan assets (excluding amount included in net interest) (4,215) (3,988) (2,466)
Fair value of plan assets at end of the year ₱ 13,724 ₱ 13,539 ₱ 12,534