PepsiCo $($PEP$)$ provides pension as well as retiree medical plans to certain employees. In the footnotes to its $2018$ financial statements, PEP reported the funding status of its plans along with its classification in the financial statements. In the prior chapter, the other asset$/$liability balances are considered part of NOA because we lacked further breakdown to determine if any part of it was financial. 

What adjustments are needed from the initial assignment of the balance sheet items for NOA and NFL$?$

 

Note 7-Pension, Retiree Medical and Savings Plans Pension U.S. International 2018 2017 2018 2017 Retiree Medical Funded status. . . . . Amounts recognized Other assets.. Other current liabilities Other liabilities Net amount recognized $(1,549) $(2,195) $ (8) $ (30) 2018 2017 $ (711) $ (866) $ $ 185 $ 286 (107) (1,627) $ 81 $ 85 $ - (74) (1) (1) (2,407) (88) (114) (41) (670) (75) (791) $(1,549) $(2,195) $ (8) $ (30) $ (711) $ (866)