Analyzing and Interpreting Pension Footnote-Funded and Reported Amounts YUM! Brands, Inc., reports the following pension footnote in Note 14 of its 10-K report. U.S. Pension Plans December 31 (In millions) 2011 Change in benefit obligation Benefit obligation at beginning of year Service cost Interest cost Curtailment gain Special termination benefits. Benefits paid $1,208 24 64 (7) 5 (40) 227 $1,481 Actuarial (gain) loss Benefit obligation at end of year Change in plan assets Fair value of plan assets at beginning of year $917 Actual return on plan assets 83 Employer contributions 53 Benefits paid (40) Administrative expenses Fair value of plan assets at end of year (5) $1,008 Funded status $(473) a. Show the computation of the 2011 funded status for Yum. Note: Do not use negative signs with any of your answers. Pension obligation $ million million $ million Fair value of the plan assets $ b. What net pension amount is reported on its 2011 balance sheet? = $ million