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Lower Lake Corp. reported the following items in the 2017 pension footnote (in millions). Service cost $1,002 Benefits paid to retirees 1,501 Interest cost 1,220
Lower Lake Corp. reported the following items in the 2017 pension footnote (in millions).
Service cost | $1,002 |
Benefits paid to retirees | 1,501 |
Interest cost | 1,220 |
Actual returns on pension plan assets | 1,956 |
Expected returns on pension plan assets | 2,176 |
Amortization of deferred amounts | 209 |
The company's pension expense for the year is:
Select one:
A. $810 million
B. $255 million
C. $248 million
D. $431 million
E. None of the above
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