Question 5 Not complete Marked out of 8.33 Analyzing Retirement Fund Obligations Assume the following information is taken from the 2014 annual report of the Johnson & Johnson Company (J&]): ($ millions) 2014 2013 Projected benefit obligation $24,809 $19,462 Plan assets at fair value 21,954 17,999 Net amount recognized in the company's balance sheet (as a liability) 2,855 1,463 Calculate the amount that J&J's retirement fund obligations are underfunded as of each year-end (in millions). 2014 $ 2013 $ million million How much of the underfunding is reported on the company's balance sheet? 2014 $ million 2013 $ million