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The following incomplete (columns have missing amounts) pension spreadsheet is for Old Tucson Corporation (OTC). ($ in millions) Debit(Credit) PBO Plan Assets Prior Service Cost
The following incomplete (columns have missing amounts) pension spreadsheet is for Old Tucson Corporation (OTC).
($ in millions) Debit(Credit) | PBO | Plan Assets | Prior Service Cost | Net (Gain)Loss | Pension Expense | Cash | Net Pension (Liability)/Asset |
---|---|---|---|---|---|---|---|
Beginning balance | (610) | 91 | |||||
Service cost | 95 | ||||||
Interest cost | |||||||
Expected return on assets | (34) | ||||||
Gain/loss on assets | (4) | ||||||
Amortization of: | |||||||
Prior service cost | (17) | ||||||
Net gain/loss | |||||||
Loss on PBO | (36) | 36 | |||||
Contributions to fund | (34) | ||||||
Retiree benefits paid | 65 | (65) | |||||
Ending balance | (702) | 352 | 87 | 111 | (350) |
What was the prior service cost at the beginning of the year?
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