Caterpillar, Inc

Caterpillar, Inc. discloses the following pension footnote in its 2016 10-K report (in millions) :
The fair value of Caterpillar's U.S. pension assets is $11,354 million as of 2016.
What is the funded status of the plan, and how will this be reflected on Caterpillar's balance sheet?

A) The pension plan is underfunded by $4,864 million and is reported as a liability on the company's balance sheet.
B) The pension plan is overfunded by $4,438 million and is reported as an asset on the company's balance sheet.
C) The pension plan is underfunded by $6,804 million and is reported as a liability on the company's balance sheet.
D) The pension plan is overfunded by $4,864 million and is reported as an asset on the company's balance sheet.
E) The pension plan is underfunded by $4,438 million and is reported as a liability on the company's balance sheet.