| Cash Option ($372 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $372,000,000.00 |
-$137,600,330.00 |
-$0.00 |
$234,399,670.00 |
| Annuity ($856 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$12,883,656.00 |
-$4,727,283.00 |
-$0.00 |
$8,156,373.00 |
| 2 |
$13,528,224.00 |
-$4,965,773.00 |
-$0.00 |
$8,562,451.00 |
| 3 |
$14,204,464.00 |
-$5,215,982.00 |
-$0.00 |
$8,988,482.00 |
| 4 |
$14,914,944.00 |
-$5,478,860.00 |
-$0.00 |
$9,436,084.00 |
| 5 |
$15,660,520.00 |
-$5,754,723.00 |
-$0.00 |
$9,905,797.00 |
| 6 |
$16,443,760.00 |
-$6,044,522.00 |
-$0.00 |
$10,399,238.00 |
| 7 |
$17,265,520.00 |
-$6,348,573.00 |
-$0.00 |
$10,916,947.00 |
| 8 |
$18,129,224.00 |
-$6,668,143.00 |
-$0.00 |
$11,461,081.00 |
| 9 |
$19,035,728.00 |
-$7,003,550.00 |
-$0.00 |
$12,032,178.00 |
| 10 |
$19,987,600.00 |
-$7,355,742.00 |
-$0.00 |
$12,631,858.00 |
| 11 |
$20,986,552.00 |
-$7,725,355.00 |
-$0.00 |
$13,261,197.00 |
| 12 |
$22,036,008.00 |
-$8,113,653.00 |
-$0.00 |
$13,922,355.00 |
| 13 |
$23,137,680.00 |
-$8,521,272.00 |
-$0.00 |
$14,616,408.00 |
| 14 |
$24,294,992.00 |
-$8,949,477.00 |
-$0.00 |
$15,345,515.00 |
| 15 |
$25,509,656.00 |
-$9,398,903.00 |
-$0.00 |
$16,110,753.00 |
| 16 |
$26,785,096.00 |
-$9,870,816.00 |
-$0.00 |
$16,914,280.00 |
| 17 |
$28,123,880.00 |
-$10,366,166.00 |
-$0.00 |
$17,757,714.00 |
| 18 |
$29,530,288.00 |
-$10,886,537.00 |
-$0.00 |
$18,643,751.00 |
| 19 |
$31,006,888.00 |
-$11,432,879.00 |
-$0.00 |
$19,574,009.00 |
| 20 |
$32,557,104.00 |
-$12,006,459.00 |
-$0.00 |
$20,550,645.00 |
| 21 |
$34,185,216.00 |
-$12,608,860.00 |
-$0.00 |
$21,576,356.00 |
| 22 |
$35,894,648.00 |
-$13,241,350.00 |
-$0.00 |
$22,653,298.00 |
| 23 |
$37,688,824.00 |
-$13,905,195.00 |
-$0.00 |
$23,783,629.00 |
| 24 |
$39,573,736.00 |
-$14,602,613.00 |
-$0.00 |
$24,971,123.00 |
| 25 |
$41,551,952.00 |
-$15,334,553.00 |
-$0.00 |
$26,217,399.00 |
| 26 |
$43,630,320.00 |
-$16,103,549.00 |
-$0.00 |
$27,526,771.00 |
| 27 |
$45,811,408.00 |
-$16,910,551.00 |
-$0.00 |
$28,900,857.00 |
| 28 |
$48,102,064.00 |
-$17,758,094.00 |
-$0.00 |
$30,343,970.00 |
| 29 |
$50,507,424.00 |
-$18,648,077.00 |
-$0.00 |
$31,859,347.00 |
| 30 |
$53,032,624.00 |
-$19,582,401.00 |
-$0.00 |
$33,450,223.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$856,000,000.00 |
-$316,720,000.00 |
-$0.00 |
$539,280,000.00 |
|
