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LA Laboratories' has a defined benefit retirement plan. The company's annual financial statements include the following excerpt about these plans (in millions). Plans' assets at
LA Laboratories' has a defined benefit retirement plan. The company's annual financial statements include the following excerpt about these plans (in millions). Plans' assets at fair value, January 1 Actual return on plan assets Company contributions Benefits paid Other, including foreign currency translation Plan assets at fair value, December 31 $13,544 1,262 1,164 (484) (402) $15,084 What was the pension-related cash flow for the company during the year? Select one: a. $1,164 million cash outflow b. $1,262 million cash inflow c. $1,262 million cash inflow d. $484 million cash outflow e. $1,164 million cash outflow
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