ANALOG DEVICES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Benefit Obligations and Plan Assets Obligation and asset data of the Company’s non-U.S. plans at October 31, 2020 and November 2, 2019 is presented in the following table: 2020 2019 Change in Benefit Obligation Benefit obligation at beginning of year $ 169,648  $ 123,538  Service cost 8,587  5,578  Interest cost 3,917  4,079   Curtailment (705) —  Actuarial loss 2,916  38,210  Benefits paid (2,661) (3,053) Exchange rate adjustment 5,033  1,296  Benefit obligation at end of year $ 186,735  $ 169,648  Change in Plan Assets Fair value of plan assets at beginning of year $ 99,939  $ 84,655  Actual return on plan assets 1,366  12,389  Employer contributions 6,943  4,177  Benefits paid (2,661) (3,053) Exchange rate adjustment 1,918  1,771  Fair value of plan assets at end of year $ 107,505  $ 99,939  Reconciliation of Funded Status Funded status $ (79,230) $ (69,709) Amounts Recognized in the Balance Sheet Current liabilities $ (973) $ (846) Non-current liabilities (78,257) (68,863) Net amount recognized $ (79,230) $ (69,709) 2020 2019 Reconciliation of Amounts Recognized in the Statement of Financial Position Prior service credit (44) (44) Net loss (55,942) (50,878) Accumulated other comprehensive loss (55,986) (50,922) Accumulated contributions less than net periodic benefit cost (23,244) (18,787) Net amount recognized $ (79,230) $ (69,709) Changes Recognized in Other Comprehensive Income (Loss) Changes in plan assets and benefit obligations recognized in other comprehensive income (loss) Net loss arising during the year $ 6,342  $ 31,100  Effect of exchange rates on amounts included in AOCI 1,305  (18) Amounts recognized as a component of net periodic benefit cost Amortization or settlement recognition of net loss (2,583) (1,004) Total recognized in other comprehensive loss $ 5,064  $ 30,078  Total recognized in net periodic cost and other comprehensive loss $ 14,652  $ 35,459  Estimated amounts that will be amortized from AOCI over the next fiscal year Net Loss $ (2,845) $ (2,583) 81