Excess Pension Contribution - CFO or CFI

If a company makes a pension contribution greater than the total periodic pension cost, is the excess an operating or financing cash flow? Is there guidance on that, or is it preference?

Thanks!

If contributions > total periodic pension expense, INCREASE OCF, DECREASE FCF.

If contributions < total periodic pension expense, DECREASE OCF, INCREASE FCF.

You have to be careful b/c sometimes CFA will present excess contributions cause and increase in financing outflow (which is the same as a decrease in FCF). So just be careful.

tricky. thanks for the clarification