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Sharp, Inc., reported the following items in the 2014 pension footnote (in millions). |Service cost|$976 |Benefits paid to retirees|$155 |Interest cost|$775 |Actual returns on invested
Sharp, Inc., reported the following items in the 2014 pension footnote (in millions).
|Service cost|$976
|Benefits paid to retirees|$155
|Interest cost|$775
|Actual returns on invested assets|$1,003
|Expected returns on invested assets|$1,132
|Company contributions|$950
|Actuarial loss|$42
The increase in the company's projected benefit obligation during the year is:
A. $661 million
B. $1,638 million
C. $1,793 million
D. $1,948 million
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