JDS Shipyard's projected benefit obligation, accumulated benefit obligation, and plan assets were $85 million, $75 million, and $66 million, respectively, at the end of the year.

Required:

What, if any, pension liability or pension asset must be reported in the balance sheet?

What, if any, pension liability or pension asset must be reported in the balance sheet if the plan assets were $100 million instead?

Note: For all requirements, enter your answer in millions (i.e., 10,000,000 should be entered as 10).