Lucia, 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 $14,970 million. On the same date its pension assets totaled $12,450 million. Requirement What is the impact of this defined benefit pension plan on Lucia's balance sheet on December 31, 2011? Comment on how comfortable employees should be that they will receive their full pension benefits. Alcoa's balance sheet will have a net of million. This means that approximatelyof 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