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Analyzing and Interpreting Pension Disclosures General Mills reports the following pension footnote in its 10-K report. Defined Benefit Pension Plan ($ millions) 2010 2009 Change

Analyzing and Interpreting Pension Disclosures General Mills reports the following pension footnote in its 10-K report.

Defined Benefit Pension Plan ($ millions) 2010 2009
Change in Plan Assets
Fair value at beginning of year $ 3,157.8 $ 4,128.7
Actual return on assets 535.9 (1,009.1)
Employer contributions 17.1 220.2
Plan participant contributions 3.5 3.1
Benefits payments (182.6) (177.4)
Foreign currency (1.9) (7.7)
Fair value at end of year $ 3,529.8 $ 3,157.8
Change in Projected Benefit Obligation
Benefit obligation at beginning of year $ 3,167.3 $ 3,224.1
Service cost 70.9 76.5
Interest cost 230.3 215.4
Plan amendment 25.8 0.3
Curtailment/other -- --
Plan participant contributions 3.5 3.1
Medicare Part D reimbursements -- --
Actuarial loss (gain) 716.4 (166.8)
Benefits payments (182.6) (177.4)
Foreign currency (1.6) (7.9)
Projected benefit obligation at end of year $ 4,030.0 $ 3,167.3

Estimated benefit payments, which reflect expected future service, as appropriate, are expected to be paid from fiscal 2011-2020 as follows:

(in millions) Defined Benefit Pension Plans
2011 $ 194.8
2012 202.8
2013 211.9
2014 221.4
2015 231.4
2016-2020 $ 1,331.7

(a) What is the total amount paid to retirees during fiscal 2010? Answer($ million) (b) Compute the 2010 funded status for the company's pension plan. Answer($ million)

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