Discontinued — last reported Q4 '17
Defined Benefit Pension Plan Liabilities (Non-Current)
Otis Worldwide Defined Benefit Pension Plan Liabilities (Non-Current) decreased by 8.6% to $416.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.7%, from $432.00M to $416.00M. Over 5 years (FY 2020 to FY 2025), Defined Benefit Pension Plan Liabilities (Non-Current) shows a downward trend with a -11.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase indicates a growing pension deficit, potentially requiring higher future cash contributions, while a decrease signals improved funding status.
Detailed definition
This represents the long-term liability recognized when the projected benefit obligation of a defined benefit pension pl...
Peer comparison
Standard for mature companies with legacy pension obligations to their workforce.
defined_benefit_plan_liabilities_noncurrentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $643.00M | $635.00M | $694.00M | $547.00M | $531.00M | $505.00M | $522.00M | $391.00M | $398.00M | $390.00M | $605.00M | $452.00M | $445.00M | $462.00M | $609.00M | $432.00M | $454.00M | $458.00M | $455.00M | $416.00M |
| QoQ Change | — | -1.2% | +9.3% | -21.2% | -2.9% | -4.9% | +3.4% | -25.1% | +1.8% | -2.0% | +55.1% | -25.3% | -1.5% | +3.8% | +31.8% | -29.1% | +5.1% | +0.9% | -0.7% | -8.6% |
| YoY Change | — | — | — | — | -17.4% | -20.5% | -24.8% | -28.5% | -25.0% | -22.8% | +15.9% | +15.6% | +11.8% | +18.5% | +0.7% | -4.4% | +2.0% | -0.9% | -25.3% | -3.7% |
Defined Benefit Pension Plan Liabilities (Non-Current) at Other Companies
Frequently Asked Questions
- What is Otis Worldwide's defined benefit pension plan liabilities (non-current)?
- Otis Worldwide (OTIS) reported defined benefit pension plan liabilities (non-current) of $416.00M in Q1 2026.
- How has Otis Worldwide's defined benefit pension plan liabilities (non-current) changed year-over-year?
- Otis Worldwide's defined benefit pension plan liabilities (non-current) decreased by 3.7% year-over-year, from $432.00M to $416.00M.
- What is the long-term trend for Otis Worldwide's defined benefit pension plan liabilities (non-current)?
- Over 5 years (2020 to 2025), Otis Worldwide's defined benefit pension plan liabilities (non-current) has grown at a -11.7% compound annual growth rate (CAGR), from $846.00M to $455.00M.
- What does defined benefit pension plan liabilities (non-current) mean?
- The long-term shortfall in funding for company-sponsored pension plans.