JL Health Services reported a net loss-AOCI in last year's balance sheet. This year, the company revised its estimate of future salary levels causing its PBO estimate to decline by $24. Also, the $48 million actual return on plan assets was less than the $54 million expected return. As a result:

Question

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$$\begin{array} { | l | r | r | } 
\hline \text { PBO } & 24 & \
\hline \text { Gair-OCI (from charipe in assurmption) } & & 24 \
\hline & & \
\hline \text { Loss-OCI } ( \$ 54 - 48 ) & 6 & \
\hline \text { Plarl assets } & & 6\\hline
\end{array}$$ PBO - Plan assets = Net pension liability, so the Net pension liability will decrease by $18 million; the $24 million Gain and $6 million Loss combine for a net gain of $18 million, which reduces the Net loss-AOCI, which is an increase in AOCI.

JL Health Services Reported a Net Loss-AOCI in Last Year's