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Actuary and trustee reports indicate the following changes in the PBO and plan assets of
Mahomes Industries during 2024: Prior service cost at January 1, 2024, from plan amendment at
the beginning of 2021 (amortization: $4 million per year) $ 28 million Net lossAOCI at January
1, 2024 (previous losses exceeded previous gains) $ 80 million Average remaining service life of
the active employee group 10 years Actuary's discount rate 7% ($ in millions) PBO Plan Assets
Beginning of 2024 $ 600 Begin

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  • 1. Actuary and trustee reports indicate the following changes in the PBO and plan assets of Mahomes Industries during 2024: Prior service cost at January 1, 2024, from plan amendment at the beginning of 2021 (amortization: $4 million per year) $ 28 million Net lossAOCI at January 1, 2024 (previous losses exceeded previous gains) $ 80 million Average remaining service life of the active employee group 10 years Actuary's discount rate 7% ($ in millions) PBO Plan Assets Beginning of 2024 $ 600 Begin