Lender Company provides postretirement health care benefits to employees who provide at least 10 years of service and reach the age of 65 while in service. On January 1 of the current calendar year, the following plan-related data were available.

APBO balance	$ 157,000,000
Fair value of plan assets	none
Average remaining service period to retirement	25	years
Average remaining service period to full eligibility	20	years

On January 1 of the current year, Lender amends the plan to provide dental benefits. The actuary determines that the cost of making the amendment increases the APBO by $27,000,000. Management chooses to amortize this amount on a straight-line basis. The service cost is $47,000,000. The appropriate interest rate is 10%.

Required:

Calculate the postretirement benefit expense for the current year.

Note: Enter your answers in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50.