Brief Exercise 201 AMR Corporation parent company of America

Brief Exercise 20-1 AMR Corporation (parent company of American Airlines) reported the following (in millions) Service cost Interest on ?.?.?. Return on plan assets Amortization of prior service cost Amortization of net loss $366 737 593 13 154 Compute AMR Corporation\'s pension expense. (Enter answer in millions.) Pension expense s millions

Solution

Pension expense $677 millions

	Amount in millions
Service cost	$                                366
Interest on PBO	$                                737
Return on plan assets	$                              (593)
Amortization of prior service cost	$                                   13
Amortization of net loss	$                                154
Pension expense	$                                677