Retirement and nonpension postretirement benefit obligations
Otis Worldwide Retirement and nonpension postretirement benefit obligations decreased by 0.7% 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), Retirement and nonpension postretirement benefit obligations shows a downward trend with a -8.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may signal underfunded plans requiring future cash contributions, while a decrease suggests improved funding status.
Detailed definition
This represents the long-term liability associated with defined benefit pension plans and other post-retirement benefits...
Peer comparison
Highly dependent on legacy workforce size and plan structure; common in mature industrial manufacturing firms.
non_current_liabilities_pension_and_other_postretirement_0d4947Historical 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 | $558.00M | $547.00M | $531.00M | $505.00M | $392.00M | $391.00M | $398.00M | $390.00M | $462.00M | $452.00M | $445.00M | $462.00M | $434.00M | $432.00M | $454.00M | $458.00M | $419.00M | $416.00M |
| QoQ Change | — | -1.2% | -12.1% | -2.0% | -2.9% | -4.9% | -22.4% | -0.3% | +1.8% | -2.0% | +18.5% | -2.2% | -1.5% | +3.8% | -6.1% | -0.5% | +5.1% | +0.9% | -8.5% | -0.7% |
| YoY Change | — | — | — | — | -17.4% | -20.5% | -29.7% | -28.5% | -25.0% | -22.8% | +17.9% | +15.6% | +11.8% | +18.5% | -6.1% | -4.4% | +2.0% | -0.9% | -3.5% | -3.7% |
Retirement and nonpension postretirement benefit obligations at Other Companies
Frequently Asked Questions
- What is Otis Worldwide's retirement and nonpension postretirement benefit obligations?
- Otis Worldwide (OTIS) reported retirement and nonpension postretirement benefit obligations of $416.00M in Q1 2026.
- How has Otis Worldwide's retirement and nonpension postretirement benefit obligations changed year-over-year?
- Otis Worldwide's retirement and nonpension postretirement benefit obligations decreased by 3.7% year-over-year, from $432.00M to $416.00M.
- What is the long-term trend for Otis Worldwide's retirement and nonpension postretirement benefit obligations?
- Over 5 years (2020 to 2025), Otis Worldwide's retirement and nonpension postretirement benefit obligations has grown at a -8.5% compound annual growth rate (CAGR), from $654.00M to $419.00M.
- What does retirement and nonpension postretirement benefit obligations mean?
- Long-term obligations for employee pension and retirement benefits.