AMR Corporation (parent company of American Airlines) reported the following (in millions): Service cost- $366 Interest on P.B.O. - 737 Return on plan assets - 593 Amortization of prior service cost - 13 Amortization of net loss - 154 Compute AMR Corporation's pension expense.
AMR Corporation (parent company of American Airlines) reported the following (in millions): Service cost- $366 Interest on P.B.O. - 737 Return on plan assets - 593 Amortization of prior service cost - 13 Amortization of net loss - 154 Compute AMR Corporation's pension expense.
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter19: Accounting For Post Retirement Benefits
Section: Chapter Questions
Problem 3RE: Pinecone Company has plan assets of 500,000 at the beginning of the current year and expects to earn...
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Transcribed Image Text:AMR Corporation (parent company of American Airlines)
reported the following (in millions):
Service cost- $366
Interest on P.B.O. - 737
Return on plan assets - 593
Amortization of prior service cost - 13
Amortization of net loss - 154
Compute AMR Corporation's pension expense.
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