Differences between pretax accounting income and taxable income were as follows during 2021:

	($ in millions)
Pretax accounting income		$	300
Permanent difference			(24	)
			276
Temporary difference			(16	)
Taxable income		$	260

The cumulative temporary difference as of the end of 2021 is $40 million (also the future taxable amount). The enacted tax rate is 25%. What is the deferred tax asset or liability to be reported in the balance sheet? (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).)