Analyzing Retirement Fund Obligations The following information is taken from the 2014 annual report of the Johnson & Johnson Company (&J): 2014 2013 ($ millions) Projected benefit obligation Plan assets at fair value Net amount recognized in the company's balance sheet (as a liability) $26,889 $21,488 22,575 20,901 4,314 587 Calculate the amount that j&J's retirement fund obligations are underfunded as of each year-end (in millions) 2014 million 2013 $ How much of the underfunding is reported on the company's balance sheet? 2014 2013 $ rnillio Check