Procter & Gamble Company has a defined benefit pension plan for its employees. At the beginning of the year, the projected benefit obligation (PBO) is $10 billion, and the fair value of plan assets is $9 billion. During the year, the company contributes $2 billion to the plan and the pension expense is $1.5 billion. Calculate the ending PBO and the funded status of the pension plan at the end of the year.