Question
Conan Inc. has a defined benefit retirement plan. The companys 2014 annual report includes the following excerpt about these plans (in million). What was the
Conan Inc. has a defined benefit retirement plan. The companys 2014 annual report includes the following excerpt about these plans (in million). What was the pension-related cash flow for Conan Inc.'s during 2014?
Plans' assets at fair value, January 1, 2014 | $7,673 |
Actual return on plans' assets | 29 |
Company contributions | 405 |
Benefits paid | (294) |
Settlement | (776) |
Other, primarily foreign currency translation | 157 |
Plans' assets at fair value, December 31, 2014 | $6,961 |
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