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This excerpt taken from the DIS 10-K filed Dec 2, 2009. Plan Contributions During fiscal 2009, the Company made contributions to its pension and postretirement medical plans totaling $473 million, which included discretionary contributions above the minimum requirements for pension plans. The Company expects pension and postretirement medical plan contributions in fiscal 2010 to range from $350 million to $450 million which is expected to include discretionary contributions above the minimum requirements. Final minimum funding requirements for fiscal 2010 will be determined based on our January 1, 2010 funding actuarial valuation which will be available late fiscal 2010. This excerpt taken from the DIS 8-K filed Feb 3, 2009. Plan Contributions During fiscal 2008, the Company was not required to make contributions to its pension plans under funding regulations associated with the Pension Protection Act of 2006 (PPA) and contributed $29 million to pension and postretirement medical plans not subject to PPA. The Company expects pension and postretirement medical plan contributions in fiscal 2009 to range from $200 million to $300 million. Final funding requirements for fiscal 2009 will be determined based on our January 1, 2009 funding actuarial valuation. The Company may also make discretionary contributions above the minimum requirements. These excerpts taken from the DIS 10-K filed Nov 20, 2008. Plan Contributions During fiscal 2008, the Company was not required to make contributions to its pension plans under funding regulations associated with the Pension Protection Act of 2006 (PPA) and contributed $29 million to pension and postretirement medical plans not subject to PPA. The Company expects pension and postretirement medical plan contributions in fiscal 2009 to range from $200 million to $300 million. Final funding requirements for fiscal 2009 will be determined based on our January 1, 2009 funding actuarial valuation. The Company may also make discretionary contributions above the minimum requirements.
93
Table of ContentsPlan Contributions During fiscal 2008, the Company was not required to make contributions to its pension plans under funding regulations associated with 93 Table of ContentsThis excerpt taken from the DIS 10-K filed Nov 21, 2007. Plan Contributions During fiscal 2007, the Company contributed $390 million and $26 million to its pension and postretirement medical plans, respectively, which included discretionary contributions above the minimum requirements for the pension plans. Based on current actuarial projections, the Company anticipates that the funded status of the pension plans will be sufficient so that the Company will not be required to make additional contributions during fiscal 2008 under the funding regulations associated with the Pension Protection Act of 2006 (PPA). However, final funding requirements for fiscal 2008 will be determined based on our January 1, 2008 funding actuarial valuation. Additionally, the Company may also choose to make discretionary contributions above the minimum requirements. The Company anticipates contributing approximately $30 million to post retirement medical and other pension plans not subject to the PPA.
96
Table of ContentsThis excerpt taken from the DIS 10-K filed Nov 22, 2006. Plan Contributions During fiscal 2006, the Company contributed $367 million and $33 million to its pension and postretirement medical plans, respectively, which included voluntary contributions above the minimum requirements for the pension plans. Based on the January 1, 2006 funding valuation, the Company is not required to make any contributions to its pension plans during fiscal 2007. The Company may make additional contributions into its pension plans in fiscal 2007 depending on how the funded status of those plans change and as we gain more clarity with respect to the Pension Protection Act of 2006 (PPA) that was signed into law on August 17, 2006. The United States Treasury Department is in the process of developing implementation guidance for the PPA; however, it is likely the PPA will accelerate minimum funding requirements beginning in fiscal 2009. The Company may choose to pre-fund some of this anticipated funding.
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Table of ContentsThis excerpt taken from the DIS 10-K filed Dec 7, 2005. Plan Contributions
During fiscal 2005, the Company contributed
$291 million and $12 million to its pension and
postretirement medical plans, respectively, which included
voluntary contributions above the minimum requirements for the
pension plans. The Company currently expects to contribute, at a
minimum, $61 million to its pension and postretirement
medical plans during fiscal 2006. The Company may make
additional contributions into its pension plans in fiscal 2006
depending on how the funded status of those plans change and
also depending on the outcome of proposed changes to the funding
regulations currently being considered by the United States
Congress.
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