The pension plan was amended last year, creating a prior service cost of $180 million. Service...

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The pension plan was amended last year, creating a prior service cost of $180 million. Service cost and interest cost for the year were $46 million and $22 million, respectively. At the end of the year, there was a negligible balance in the net gain-pensions account. The actual return on plan assets was $22 million although it was expected to be $24 million. On average, employees' remaining service life with the company is 15 years. What was the total pension cost for the year? (Amounts to be deducted should be indicated with a minus sign.) ($ in millions) Pension cost $ The projected benefit obligation and plan assets were $110 million and $160 million, respectively, at the beginning of the year. Due primarily to favorable stock market performance in recent years, there also was a net gain of $47 million. On average, employees' remaining service life with the company is 10 years. As a result of the net gain, what was the increase or decrease in pension expense for the year? (Amounts to be deducted should be indicated with a minus sign.) ($ in millions) Net gain Corridor amount Excess, if any Service period (years) The pension plan was amended last year, creating a prior service cost of $180 million. Service cost and interest cost for the year were $46 million and $22 million, respectively. At the end of the year, there was a negligible balance in the net gain-pensions account. The actual return on plan assets was $22 million although it was expected to be $24 million. On average, employees' remaining service life with the company is 15 years. What was the total pension cost for the year? (Amounts to be deducted should be indicated with a minus sign.) ($ in millions) Pension cost $ The projected benefit obligation and plan assets were $110 million and $160 million, respectively, at the beginning of the year. Due primarily to favorable stock market performance in recent years, there also was a net gain of $47 million. On average, employees' remaining service life with the company is 10 years. As a result of the net gain, what was the increase or decrease in pension expense for the year? (Amounts to be deducted should be indicated with a minus sign.) ($ in millions) Net gain Corridor amount Excess, if any Service period (years)