XML 187 R174.htm IDEA: XBRL DOCUMENT v3.22.1
Pension and Other Employee Benefits - Summary of Changes in Present Value of Defined Benefit Obligations, Fair Value of Plan Assets and Components of Net Periodic Benefit Costs of Defined Contribution Plans (Detail) - PHP (₱)
₱ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Disclosure Of Fair Value Of Plan Assets [Line Items]      
Service costs ₱ 1,614 ₱ 1,313 ₱ 1,043
Interest costs on benefit obligation 317 734 (22)
Curtailment/settlement gains and other adjustments   (99) (181)
Net periodic benefit costs (Note 5) 1,931 1,948 840
Present value of defined benefit obligation [Member]      
Disclosure Of Fair Value Of Plan Assets [Line Items]      
Present value of defined benefit obligations at beginning of the year 28,197 22,638 20,683
Service costs 1,614 1,313 1,043
Actuarial losses – experience 5,502 (3,507) (3,829)
Actuarial losses – economic assumptions     (4)
Actual benefits paid/settlements (3,471) (369) (4,558)
Present value of defined benefit obligations at end of the year 22,298 28,197 22,638
Interest costs on benefit obligation 922 1,056 1,338
Plan assets [Member]      
Disclosure Of Fair Value Of Plan Assets [Line Items]      
Actual benefits paid/settlements (3,471) (369) (4,558)
Fair value of plan assets at beginning of the year 15,000 13,724 13,539
Actual contributions 3,614 3,227 7,598
Interest income on plan assets 605 322 1,360
Return on plan assets (excluding amount included in net interest) (1,065) (1,904) (4,215)
Fair value of plan assets at end of the year 14,683 15,000 13,724
Investment Property [Member]      
Disclosure Of Fair Value Of Plan Assets [Line Items]      
Service costs 313 294 239
Others     (39)
Funded status – net 873 876 271
Prepaid benefit costs (Note 19) 873 876 271
Interest costs on benefit obligation (31) (24) (16)
Curtailment/settlement gains and other adjustments     (6)
Net periodic benefit costs (Note 5) 282 270 178
Investment Property [Member] | Present value of defined benefit obligation [Member]      
Disclosure Of Fair Value Of Plan Assets [Line Items]      
Present value of defined benefit obligations at beginning of the year 2,775 2,813 2,804
Service costs 313 294 239
Interest costs on benefit obligation 101 118 174
Actuarial losses – experience 12 69 100
Actuarial losses – economic assumptions (40) 28 13
Actual benefits paid/settlements   (567) (37)
Curtailment and others 103 20 (480)
Present value of defined benefit obligations at end of the year 3,264 2,775 2,813
Investment Property [Member] | Plan assets [Member]      
Disclosure Of Fair Value Of Plan Assets [Line Items]      
Actual benefits paid/settlements     (37)
Fair value of plan assets at beginning of the year 3,651 3,084 3,159
Actual contributions 306 282 281
Interest income on plan assets 132 142 190
Return on plan assets (excluding amount included in net interest) (18) 143 100
Others 66   (609)
Fair value of plan assets at end of the year ₱ 4,137 ₱ 3,651 ₱ 3,084