ALL » Topics » Cash Flows

This excerpt taken from the ALL 10-K filed Feb 25, 2010.

Cash flows

       There was no required cash contribution necessary to satisfy the minimum funding requirement under the IRC for the tax qualified pension plans as of December 31, 2009. The Company currently plans to contribute $340 million to its pension plans in 2010.

       The Company contributed $39 million and $40 million to the postretirement benefit plans in 2009 and 2008, respectively. Contributions by participants were $38 million and $37 million in 2009 and 2008.

These excerpts taken from the ALL 10-K filed Feb 26, 2009.

Cash flows

        There was no required cash contribution necessary to satisfy the minimum funding requirement under the IRC for the tax qualified pension plans as of December 31, 2008. The Company currently plans to contribute $292 million to its pension plans in 2009.

        The Company contributed $40 million and $45 million to the postretirement benefit plans in 2008 and 2007, respectively. Contributions by participants were $37 million and $41 million in 2008 and 2007.

Cash flows



        There was no required cash contribution necessary to satisfy the minimum funding requirement under the IRC for the tax qualified
pension plans as of December 31, 2008. The Company currently plans to contribute $292 million to its pension plans in 2009.



        The
Company contributed $40 million and $45 million to the postretirement benefit plans in 2008 and 2007, respectively. Contributions by participants were
$37 million and $41 million in 2008 and 2007.



These excerpts taken from the ALL 10-K filed Feb 27, 2008.

Cash Flows

        There was no minimum funding requirement under the IRC for the tax qualified pension plans as of December 31, 2007. The Company currently plans to contribute $150 million to its pension plans in 2008.

        The Company contributed $45 million and $38 million to the postretirement benefit plans in 2007 and 2006, respectively. Contributions by participants were $41 million and $40 million in 2007 and 2006.

Cash Flows



        There was no minimum funding requirement under the IRC for the tax qualified pension plans as of December 31, 2007. The Company currently plans to
contribute $150 million to its pension plans in 2008.



        The
Company contributed $45 million and $38 million to the postretirement benefit plans in 2007 and 2006, respectively. Contributions by participants were
$41 million and $40 million in 2007 and 2006.




This excerpt taken from the ALL 10-K filed Feb 22, 2007.

Cash Flows

        There was no minimum funding requirement under the IRC for the tax qualified pension plans as of December 31, 2006. The Company currently plans to contribute $147 million to its pension plans in 2007. This plan may be amended or terminated at any time.

        The Company contributed $38 million and $42 million to the postretirement benefit plans in 2006 and 2005, respectively. Contributions by participants were $40 million and $39 million in 2006 and 2005.

204


Estimated Future Benefit Payments

        Estimated future benefit payments expected to be paid in the next 10 years, based on the assumptions used to measure the Company's benefit obligation at December 31, 2006, and the estimated subsidy to be received are as follows:

 
   
  Postretirement benefits
(in millions)

  Pension
benefits

  Gross benefit
payments

  Gross Medicare
Part D receipts

2007   $ 181   $ 52   $ 3
2008     248     55     3
2009     243     57     3
2010     275     60     4
2011     316     63     4
2012-2016     2,131     367     25
   
 
 
  Total benefit payments   $ 3,394   $ 654   $ 42
   
 
 
This excerpt taken from the ALL 10-K filed Feb 23, 2006.

Cash Flows

        There was no minimum funding requirement under the IRC for the tax qualified pension plans as of December 31, 2005. The Company currently plans to contribute $129 million to its pension plans in 2006. This plan is subject to revision at the discretion of management.

        The Company contributed $42 million and $47 million to the postretirement benefit plans in 2005 and 2004, respectively. Contributions by participants were $39 million in 2005 and 2004.

This excerpt taken from the ALL 10-K filed Feb 24, 2005.

Cash Flows

        There was no minimum funding requirement under the IRC for the tax qualified pension plans as of December 31, 2004. The company currently plans to contribute $71 million to its pension plans in 2005. This plan is subject to revision at the discretion of management.

        The Company contributed to the postretirement benefit plans $47 million and $51 million in 2004 and 2003, respectively. The Company estimates that it will contribute $59 million for its postretirement benefit plans in 2005. Contributions by participants to the postretirement benefit plans were $39 million and $32 million for the years ending December 31, 2004 and 2003, respectively.

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