Non-Current Liabilities

Underfunded Retirement Plans

Becton, Dickinson and Company Underfunded Retirement Plans decreased by 3.8% to $1.03B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.8%, from $871.00M to $1.03B. Over 5 years (FY 2020 to FY 2025), Underfunded Retirement Plans shows a downward trend with a -6.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ4 2025

How to read this metric

A decrease is favorable as it reduces long-term balance sheet liabilities and future funding requirements.

Detailed definition

This represents the shortfall between the projected benefit obligations of a company's pension or postretirement plans a...

Peer comparison

Varies significantly based on industry maturity and the age of the workforce.

Metric ID: underfunded_retirement_plans

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.42B$1.23B$1.08B$1.05B$1.01B$902.00M$902.00M$920.00M$904.00M$1.02B$894.00M$890.00M$907.00M$942.00M$939.00M$871.00M$908.00M$1.03B$1.07B$1.03B
QoQ Change-13.6%-12.2%-2.8%-3.7%-10.6%+0.0%+2.0%-1.7%+13.2%-12.6%-0.4%+1.9%+3.9%-0.3%-7.2%+4.2%+13.1%+3.9%-3.8%
YoY Change-29.0%-26.5%-16.3%-12.2%-10.4%+13.4%-0.9%-3.3%+0.3%-7.9%+5.0%-2.1%+0.1%+9.0%+13.6%+17.8%
Range$871.00M$1.42B
CAGR-6.6%
Avg YoY Growth-3.1%
Median YoY Growth-1.5%

Frequently Asked Questions

What is Becton, Dickinson and Company's underfunded retirement plans?
Becton, Dickinson and Company (BDX) reported underfunded retirement plans of $1.03B in Q1 2026.
How has Becton, Dickinson and Company's underfunded retirement plans changed year-over-year?
Becton, Dickinson and Company's underfunded retirement plans increased by 17.8% year-over-year, from $871.00M to $1.03B.
What is the long-term trend for Becton, Dickinson and Company's underfunded retirement plans?
Over 5 years (2020 to 2025), Becton, Dickinson and Company's underfunded retirement plans has grown at a -6.5% compound annual growth rate (CAGR), from $1.44B to $1.03B.
What does underfunded retirement plans mean?
The amount by which a company's pension obligations exceed the assets held to pay for them.