Question: Lacy Construction has a noncontributory, defined benefit pension plan. At December 3 1 , 2 0 2 4 , Lacy received the following information:

Lacy Construction has a noncontributory, defined benefit pension plan. At December

Lacy Construction has a noncontributory, defined benefit pension plan. At December 31,2024, Lacy received the following information:
\table[[Projected Benefit obligation,( $ in millions)],[Balance, January 1,$1,160
31,2024, Lacy received the following information: \table[[Projected Benefit obligation,( $ in millions)],[Balance,

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