DVN » Topics » Expected Cash Flows

These excerpts taken from the DVN 10-K filed Feb 27, 2009.
Expected Cash Flows
 
The following table presents expected cash flow information for Devon’s pension and other postretirement benefit plans.
 
                 
          Other
 
    Pension
    Postretirement
 
    Benefits     Benefits  
    (In millions)  
 
Devon’s 2009 contributions
  $ 183     $ 5  
Benefit payments:
               
2009
  $ 35     $ 5  
2010
  $ 35     $ 5  
2011
  $ 38     $ 5  
2012
  $ 41     $ 5  
2013
  $ 46     $ 5  
2014 to 2018
  $ 307     $ 24  
 
Expected contributions included in the table above include amounts related to Devon’s Qualified Plans, Supplemental Plans and Postretirement Plans. Of the benefits expected to be paid in 2009, $10 million of pension benefits is expected to be funded from the trusts established for the Supplemental Plans and all $5 million of other postretirement benefits is expected to be funded from Devon’s available cash and cash equivalents. Expected employer contributions and benefit payments for other postretirement benefits are presented net of employee contributions.


103


Table of Contents

 
DEVON ENERGY CORPORATION AND SUBSIDIARIES
 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
 
Expected Cash Flows
 
The following table presents expected cash flow information for Devon’s pension and other postretirement benefit plans.
 
                 
          Other
 
    Pension
    Postretirement
 
    Benefits     Benefits  
    (In millions)  
 
Devon’s 2009 contributions
  $ 183     $ 5  
Benefit payments:
               
2009
  $ 35     $ 5  
2010
  $ 35     $ 5  
2011
  $ 38     $ 5  
2012
  $ 41     $ 5  
2013
  $ 46     $ 5  
2014 to 2018
  $ 307     $ 24  
 
Expected contributions included in the table above include amounts related to Devon’s Qualified Plans, Supplemental Plans and Postretirement Plans. Of the benefits expected to be paid in 2009, $10 million of pension benefits is expected to be funded from the trusts established for the Supplemental Plans and all $5 million of other postretirement benefits is expected to be funded from Devon’s available cash and cash equivalents. Expected employer contributions and benefit payments for other postretirement benefits are presented net of employee contributions.


103


Table of Contents

 
DEVON ENERGY CORPORATION AND SUBSIDIARIES
 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
 
Expected
Cash Flows



 





The following table presents expected cash flow information for
Devon’s pension and other postretirement benefit plans.


 












































































































































                 

 

 

 

 

 

Other



 

 

 

Pension



 

 

Postretirement



 

 

 

Benefits

 

 

Benefits

 

 

 

(In millions)

 
 


Devon’s 2009 contributions


 

$

183

 

 

$

5

 


Benefit payments:


 

 

 

 

 

 

 

 


2009


 

$

35

 

 

$

5

 


2010


 

$

35

 

 

$

5

 


2011


 

$

38

 

 

$

5

 


2012


 

$

41

 

 

$

5

 


2013


 

$

46

 

 

$

5

 


2014 to 2018


 

$

307

 

 

$

24

 






 





Expected contributions included in the table above include
amounts related to Devon’s Qualified Plans, Supplemental
Plans and Postretirement Plans. Of the benefits expected to be
paid in 2009, $10 million of pension benefits is expected
to be funded from the trusts established for the Supplemental
Plans and all $5 million of other postretirement benefits
is expected to be funded from Devon’s available cash and
cash equivalents. Expected employer contributions and benefit
payments for other postretirement benefits are presented net of
employee contributions.





103





Table of Contents





 




DEVON
ENERGY CORPORATION AND SUBSIDIARIES




 




NOTES TO
CONSOLIDATED FINANCIAL STATEMENTS —
(Continued)


 






Expected
Cash Flows



 





The following table presents expected cash flow information for
Devon’s pension and other postretirement benefit plans.


 












































































































































                 

 

 

 

 

 

Other



 

 

 

Pension



 

 

Postretirement



 

 

 

Benefits

 

 

Benefits

 

 

 

(In millions)

 
 


Devon’s 2009 contributions


 

$

183

 

 

$

5

 


Benefit payments:


 

 

 

 

 

 

 

 


2009


 

$

35

 

 

$

5

 


2010


 

$

35

 

 

$

5

 


2011


 

$

38

 

 

$

5

 


2012


 

$

41

 

 

$

5

 


2013


 

$

46

 

 

$

5

 


2014 to 2018


 

$

307

 

 

$

24

 






 





Expected contributions included in the table above include
amounts related to Devon’s Qualified Plans, Supplemental
Plans and Postretirement Plans. Of the benefits expected to be
paid in 2009, $10 million of pension benefits is expected
to be funded from the trusts established for the Supplemental
Plans and all $5 million of other postretirement benefits
is expected to be funded from Devon’s available cash and
cash equivalents. Expected employer contributions and benefit
payments for other postretirement benefits are presented net of
employee contributions.





103





Table of Contents





 




DEVON
ENERGY CORPORATION AND SUBSIDIARIES




 




NOTES TO
CONSOLIDATED FINANCIAL STATEMENTS —
(Continued)


 






These excerpts taken from the DVN 10-K filed Jun 9, 2008.
Expected Cash Flows
 
The following table presents expected cash flow information for Devon’s pension and other postretirement benefit plans.
 
                 
          Other
 
    Pension
    Postretirement
 
    Benefits     Benefits  
    (In millions)  
 
Devon’s 2008 contributions
  $ 8     $ 6  
Benefit payments:
               
2008
  $ 33     $ 6  
2009
  $ 34     $ 6  
2010
  $ 36     $ 6  
2011
  $ 39     $ 6  
2012
  $ 43     $ 6  
2013 to 2017
  $ 296     $ 30  
 
Expected contributions included in the table above include amounts related to Devon’s Qualified Plans, Supplemental Plans and Postretirement Plans. Of the benefits expected to be paid in 2008, $8 million of pension benefits is expected to be funded from the trusts established for the Supplemental Plans and all $6 million of other postretirement benefits is expected to be funded from Devon’s available cash and cash equivalents. Expected employer contributions and benefit payments for other postretirement benefits are presented net of employee contributions.


97


Table of Contents

 
DEVON ENERGY CORPORATION AND SUBSIDIARIES
 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
 
Expected
Cash Flows



 



The following table presents expected cash flow information for
Devon’s pension and other postretirement benefit plans.


 












































































































































                 

 

 

 

 

 

Other



 

 

 

Pension



 

 

Postretirement



 

 

 

Benefits

 

 

Benefits

 

 

 

(In millions)

 
 


Devon’s 2008 contributions


 

$

8

 

 

$

6

 


Benefit payments:


 

 

 

 

 

 

 

 


2008


 

$

33

 

 

$

6

 


2009


 

$

34

 

 

$

6

 


2010


 

$

36

 

 

$

6

 


2011


 

$

39

 

 

$

6

 


2012


 

$

43

 

 

$

6

 


2013 to 2017


 

$

296

 

 

$

30

 






 



Expected contributions included in the table above include
amounts related to Devon’s Qualified Plans, Supplemental
Plans and Postretirement Plans. Of the benefits expected to be
paid in 2008, $8 million of pension benefits is expected to
be funded from the trusts established for the Supplemental Plans
and all $6 million of other postretirement benefits is
expected to be funded from Devon’s available cash and cash
equivalents. Expected employer contributions and benefit
payments for other postretirement benefits are presented net of
employee contributions.





97





Table of Contents





 




DEVON
ENERGY CORPORATION AND SUBSIDIARIES




 




NOTES TO
CONSOLIDATED FINANCIAL STATEMENTS —
(Continued)


 




These excerpts taken from the DVN 10-K filed Feb 28, 2008.
Expected Cash Flows
 
The following table presents expected cash flow information for Devon’s pension and other postretirement benefit plans.
 
                 
          Other
 
    Pension
    Postretirement
 
    Benefits     Benefits  
    (In millions)  
 
Devon’s 2008 contributions
  $ 8     $ 6  
Benefit payments:
               
2008
  $ 33     $ 6  
2009
  $ 34     $ 6  
2010
  $ 36     $ 6  
2011
  $ 39     $ 6  
2012
  $ 43     $ 6  
2013 to 2017
  $ 296     $ 30  
 
Expected contributions included in the table above include amounts related to Devon’s Qualified Plans, Supplemental Plans and Postretirement Plans. Of the benefits expected to be paid in 2008, $8 million of pension benefits is expected to be funded from the trusts established for the Supplemental Plans and all $6 million of other postretirement benefits is expected to be funded from Devon’s available cash and cash equivalents. Expected employer contributions and benefit payments for other postretirement benefits are presented net of employee contributions.


97


Table of Contents

 
DEVON ENERGY CORPORATION AND SUBSIDIARIES
 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
 
Expected
Cash Flows



 



The following table presents expected cash flow information for
Devon’s pension and other postretirement benefit plans.


 












































































































































                 

 

 

 

 

 

Other



 

 

 

Pension



 

 

Postretirement



 

 

 

Benefits

 

 

Benefits

 

 

 

(In millions)

 
 


Devon’s 2008 contributions


 

$

8

 

 

$

6

 


Benefit payments:


 

 

 

 

 

 

 

 


2008


 

$

33

 

 

$

6

 


2009


 

$

34

 

 

$

6

 


2010


 

$

36

 

 

$

6

 


2011


 

$

39

 

 

$

6

 


2012


 

$

43

 

 

$

6

 


2013 to 2017


 

$

296

 

 

$

30

 






 



Expected contributions included in the table above include
amounts related to Devon’s Qualified Plans, Supplemental
Plans and Postretirement Plans. Of the benefits expected to be
paid in 2008, $8 million of pension benefits is expected to
be funded from the trusts established for the Supplemental Plans
and all $6 million of other postretirement benefits is
expected to be funded from Devon’s available cash and cash
equivalents. Expected employer contributions and benefit
payments for other postretirement benefits are presented net of
employee contributions.





97





Table of Contents





 




DEVON
ENERGY CORPORATION AND SUBSIDIARIES




 




NOTES TO
CONSOLIDATED FINANCIAL STATEMENTS —
(Continued)


 




This excerpt taken from the DVN 10-K filed Feb 28, 2007.
Expected Cash Flows
 
The following table presents expected cash flow information for Devon’s pension and other postretirement benefit plans.
 
                 
          Other
 
    Pension
    Postretirement
 
    Benefits     Benefits  
    (In millions)  
 
Devon contributions — 2007
  $ 7       5  
Benefit payments:
               
2007
  $ 30       5  
2008
  $ 31       5  
2009
  $ 33       5  
2010
  $ 35       5  
2011
  $ 37       5  
2012 - 2016
  $ 245       21  
 
Expected contributions included in the table above include amounts related to Devon’s Qualified Plans, Supplemental Plans and Postretirement Plans. Of the benefits expected to be paid in 2007, $7 million of pension benefits is expected to be funded from the trusts established for the Supplemental Plans and all $5 million of other postretirement benefits is expected to be funded from Devon’s available cash and cash equivalents. Expected employer contributions and benefit payments for other postretirement benefits are presented net of employee contributions.
 
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