Starfish, Inc. discloses the following pension footnote in its 2020 10-K report (in millions): U.S. Pension Benefits 2020 Change in benefit obligation Benefit obligation, beginning of year $15,792 Service cost 119 Interest cost 517 Plan amendments Actuarial losses (gains) 767 Foreign currency exchange rates Participant contributions Benefits paid - gross (970) Less: federal subsidy on benefits paid Curtailments, settlements and termination benefits (7) Benefit obligation, end of year $16,218 The fair value of Starfish's U.S. pension assets is $11,354 million as of 2020. What is the funded status of the plan, and how will this be reflected on Starfish's balance sheet? Select one: A. The pension plan is overfunded by $4,438 million and is reported as an asset on the company's balance sheet. B. The pension plan is underfunded by $4,438 million and is reported as a liability on the company's balance sheet. C. The pension plan is overfunded by $4,864 million and is reported as an asset on the company's balance sheet. D. The pension plan is underfunded by $4,864 million and is reported as a liability on the company's balance sheet. E. The pension plan is underfunded by $6,804 million and is reported as a liability on the company's balance sheet