| Cash Option ($429 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $429,000,000.00 |
-$158,690,330.00 |
-$0.00 |
$270,309,670.00 |
| Annuity ($930 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$13,997,430.00 |
-$5,139,379.00 |
-$0.00 |
$8,858,051.00 |
| 2 |
$14,697,720.00 |
-$5,398,487.00 |
-$0.00 |
$9,299,233.00 |
| 3 |
$15,432,420.00 |
-$5,670,326.00 |
-$0.00 |
$9,762,094.00 |
| 4 |
$16,204,320.00 |
-$5,955,929.00 |
-$0.00 |
$10,248,391.00 |
| 5 |
$17,014,350.00 |
-$6,255,640.00 |
-$0.00 |
$10,758,710.00 |
| 6 |
$17,865,300.00 |
-$6,570,491.00 |
-$0.00 |
$11,294,809.00 |
| 7 |
$18,758,100.00 |
-$6,900,827.00 |
-$0.00 |
$11,857,273.00 |
| 8 |
$19,696,470.00 |
-$7,248,024.00 |
-$0.00 |
$12,448,446.00 |
| 9 |
$20,681,340.00 |
-$7,612,426.00 |
-$0.00 |
$13,068,914.00 |
| 10 |
$21,715,500.00 |
-$7,995,065.00 |
-$0.00 |
$13,720,435.00 |
| 11 |
$22,800,810.00 |
-$8,396,630.00 |
-$0.00 |
$14,404,180.00 |
| 12 |
$23,940,990.00 |
-$8,818,497.00 |
-$0.00 |
$15,122,493.00 |
| 13 |
$25,137,900.00 |
-$9,261,353.00 |
-$0.00 |
$15,876,547.00 |
| 14 |
$26,395,260.00 |
-$9,726,577.00 |
-$0.00 |
$16,668,683.00 |
| 15 |
$27,714,930.00 |
-$10,214,854.00 |
-$0.00 |
$17,500,076.00 |
| 16 |
$29,100,630.00 |
-$10,727,563.00 |
-$0.00 |
$18,373,067.00 |
| 17 |
$30,555,150.00 |
-$11,265,736.00 |
-$0.00 |
$19,289,414.00 |
| 18 |
$32,083,140.00 |
-$11,831,092.00 |
-$0.00 |
$20,252,048.00 |
| 19 |
$33,687,390.00 |
-$12,424,665.00 |
-$0.00 |
$21,262,725.00 |
| 20 |
$35,371,620.00 |
-$13,047,830.00 |
-$0.00 |
$22,323,790.00 |
| 21 |
$37,140,480.00 |
-$13,702,308.00 |
-$0.00 |
$23,438,172.00 |
| 22 |
$38,997,690.00 |
-$14,389,476.00 |
-$0.00 |
$24,608,214.00 |
| 23 |
$40,946,970.00 |
-$15,110,709.00 |
-$0.00 |
$25,836,261.00 |
| 24 |
$42,994,830.00 |
-$15,868,417.00 |
-$0.00 |
$27,126,413.00 |
| 25 |
$45,144,060.00 |
-$16,663,633.00 |
-$0.00 |
$28,480,427.00 |
| 26 |
$47,402,100.00 |
-$17,499,107.00 |
-$0.00 |
$29,902,993.00 |
| 27 |
$49,771,740.00 |
-$18,375,874.00 |
-$0.00 |
$31,395,866.00 |
| 28 |
$52,260,420.00 |
-$19,296,686.00 |
-$0.00 |
$32,963,734.00 |
| 29 |
$54,873,720.00 |
-$20,263,607.00 |
-$0.00 |
$34,610,113.00 |
| 30 |
$57,617,220.00 |
-$21,278,702.00 |
-$0.00 |
$36,338,518.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$930,000,000.00 |
-$344,100,000.00 |
-$0.00 |
$585,900,000.00 |
|
