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Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) PensionAndRetirementBenefit

: $2,002 Mil (As of Mar. 2024)
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Telefonaktiebolaget L M Ericsson's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was $2,002 Mil.

Telefonaktiebolaget L M Ericsson's quarterly PensionAndRetirementBenefit increased from Sep. 2023 ($1,659 Mil) to Dec. 2023 ($2,557 Mil) but then declined from Dec. 2023 ($2,557 Mil) to Mar. 2024 ($2,002 Mil).

Telefonaktiebolaget L M Ericsson's annual PensionAndRetirementBenefit declined from Dec. 2021 ($3,966 Mil) to Dec. 2022 ($2,636 Mil) and declined from Dec. 2022 ($2,636 Mil) to Dec. 2023 ($2,557 Mil).

Telefonaktiebolaget L M Ericsson PensionAndRetirementBenefit Historical Data

The historical data trend for Telefonaktiebolaget L M Ericsson's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Telefonaktiebolaget L M Ericsson Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PensionAndRetirementBenefit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,797.23 4,466.41 3,966.07 2,636.44 2,557.03

Telefonaktiebolaget L M Ericsson Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PensionAndRetirementBenefit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,557.30 2,115.78 1,658.58 2,557.03 2,001.77

Telefonaktiebolaget L M Ericsson PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Business Description

Industry
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Address
Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83
Website
https://www.ericsson.com
Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.