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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
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 | (500) | 58 | |||||
| Service cost | 62 | ||||||
| Interest cost | |||||||
| Expected return on assets | (23) | ||||||
| Gain/loss on assets | (2) | ||||||
| Amortization of: | |||||||
| Prior service cost | (6) | ||||||
| Net gain/loss | |||||||
| Loss on PBO | (25) | 25 | |||||
| Contributions to fund | (56) | ||||||
| Retiree benefits paid | 43 | (43) | |||||
| Ending balance | (574) | 288 | 54 | 78 | (286) |
What is OTC's pension expense for the year?
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