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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

Question 9 options:

A)

$562 million cash outflow

B)

$405 million cash outflow

C)

$405 million cash inflow

D)

$297 million cash inflow

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