Otis Worldwide Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Weighted-Average Interest Crediting Rate increased by 11.1% to 2.0% in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from 1.8% to 2.0%. Over 5 years (FY 2020 to FY 2025), Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Weighted-Average Interest Crediting Rate shows an upward trend with a 27.2% CAGR.
An increase in the rate typically reduces the present value of pension liabilities, while a decrease increases the liability.
This is the weighted-average interest rate used to determine the present value of future pension obligations for defined...
Highly comparable across all firms with legacy defined benefit plans; influenced by prevailing high-quality corporate bond yields.
other_defined_benefit_plan_assumptions_used_calculating__4898bd| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | 1% | 2.1% | 1.7% | 1.8% | 2% |
| QoQ Change | — | +110.0% | -19.0% | +5.9% | +11.1% |
| YoY Change | — | +110.0% | -19.0% | +5.9% | +11.1% |