Homework: HW Mod 5 Ch 9 Save Score: 0 of 1 pt 4 of 4 (1 complete) HW Score: 25%,1 of 4 pts P9-78 (book/static) Question Help Alcoa, Inc., is the world's leader in the production and fabrication of aluminum and aluminum products. The company has had a defined benefit pension plan for many years. Footnote W of the 10-K for December 31, 2011, reports pension obligations of $13,526 million. On the same date its pension assets totaled $10,311 million. Requirement What is the impact of this defined benefit pension plan on Alcoa's balance sheet on December 31, 2011? Comment on how comfortable employees should be that they will receive their full pension benefits. million. This means that approximately Alcoa's balance sheet will have a net of of the pension obligations are funded. If Alcoa were to go bankrupt, the pension asset fund have enough resources to pay all of the pension obligations