Retirement Obligations Funding Status. General Motors Company (GM) is a worldwide manufacturer of automobiles. Assume the companys pension disclosures from its annual report (in millions of dollars) were as follows:

Required 1. Identify the projected benefit obligation and pension plan assets for 2017 and 2018: Note: Enter PBO as a negative amount.

millions	2018	2017
Plan assets	$	$
Less: PBO
Over (under) funding	$	$