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[The following information applies to the questions displayed below.] Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside

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[The following information applies to the questions displayed below.] Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside Cable during 2021: Prior service cost at Jan. 1, 2021, from plan amendment at the beginning of 2019 (amortization: $6 million per year) Net loss-pensions at Jan.1, 2021 (previous losses exceeded previous gains) Average remaining service life of the active employee group Actuary's discount rate $50 million $60 million 10 years 8% ($ in millions) PBO Plan Assets $360 Beginning of 2021 Service cost Interest cost, 8% Loss (gain) on PBO Less: Retiree benefits End of 2021 $500 66 40 (4) (52) $550 Beginning of 2021 Return on plan assets, 7.5% (10% expected) Cash contributions Less: Retiree benefits End of 2021 27 65 (52) $400 Assume the following actuary and trustee reports indicating changes in the PBO and plan assets Lakeside Cable during 2022: ($ in millions) Plan PBO Assets $400 Beginning of 2022 Service cost Interest cost, 8% Loss (gain) on PBO Less: Retiree benefits End of 2022 $550 56 44 5 (34) $ 621 Beginning of 2022 Return on plan assets, 17% (10% expected) Cash contributions Less: Retiree benefits End of 2022 68 48 (34) $482 6. Using T-accounts, determine the balances at December 31, 2022, in the net loss-AOCI and prior service cost-AOCI. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Net Loss-AOCI Bal. Jan. 1 Bal. Dec. 31 Prior Service Cost-AOCI Bal. Jan. 1 Bal. Dec. 31 [The following information applies to the questions displayed below.] Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside Cable during 2021: Prior service cost at Jan. 1, 2021, from plan amendment at the beginning of 2019 (amortization: $6 million per year) Net loss-pensions at Jan.1, 2021 (previous losses exceeded previous gains) Average remaining service life of the active employee group Actuary's discount rate $50 million $60 million 10 years 8% ($ in millions) PBO Plan Assets $360 Beginning of 2021 Service cost Interest cost, 8% Loss (gain) on PBO Less: Retiree benefits End of 2021 $500 66 40 (4) (52) $550 Beginning of 2021 Return on plan assets, 7.5% (10% expected) Cash contributions Less: Retiree benefits End of 2021 27 65 (52) $400 Assume the following actuary and trustee reports indicating changes in the PBO and plan assets Lakeside Cable during 2022: ($ in millions) Plan PBO Assets $400 Beginning of 2022 Service cost Interest cost, 8% Loss (gain) on PBO Less: Retiree benefits End of 2022 $550 56 44 5 (34) $ 621 Beginning of 2022 Return on plan assets, 17% (10% expected) Cash contributions Less: Retiree benefits End of 2022 68 48 (34) $482 6. Using T-accounts, determine the balances at December 31, 2022, in the net loss-AOCI and prior service cost-AOCI. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Net Loss-AOCI Bal. Jan. 1 Bal. Dec. 31 Prior Service Cost-AOCI Bal. Jan. 1 Bal. Dec. 31

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