| Cash Option ($294.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $294,700,000.00 |
-$108,999,330.00 |
-$0.00 |
$185,700,670.00 |
| Annuity ($687 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$10,340,037.00 |
-$3,786,144.00 |
-$0.00 |
$6,553,893.00 |
| 2 |
$10,857,348.00 |
-$3,977,549.00 |
-$0.00 |
$6,879,799.00 |
| 3 |
$11,400,078.00 |
-$4,178,359.00 |
-$0.00 |
$7,221,719.00 |
| 4 |
$11,970,288.00 |
-$4,389,337.00 |
-$0.00 |
$7,580,951.00 |
| 5 |
$12,568,665.00 |
-$4,610,736.00 |
-$0.00 |
$7,957,929.00 |
| 6 |
$13,197,270.00 |
-$4,843,320.00 |
-$0.00 |
$8,353,950.00 |
| 7 |
$13,856,790.00 |
-$5,087,343.00 |
-$0.00 |
$8,769,447.00 |
| 8 |
$14,549,973.00 |
-$5,343,820.00 |
-$0.00 |
$9,206,153.00 |
| 9 |
$15,277,506.00 |
-$5,613,008.00 |
-$0.00 |
$9,664,498.00 |
| 10 |
$16,041,450.00 |
-$5,895,667.00 |
-$0.00 |
$10,145,783.00 |
| 11 |
$16,843,179.00 |
-$6,192,307.00 |
-$0.00 |
$10,650,872.00 |
| 12 |
$17,685,441.00 |
-$6,503,944.00 |
-$0.00 |
$11,181,497.00 |
| 13 |
$18,569,610.00 |
-$6,831,086.00 |
-$0.00 |
$11,738,524.00 |
| 14 |
$19,498,434.00 |
-$7,174,751.00 |
-$0.00 |
$12,323,683.00 |
| 15 |
$20,473,287.00 |
-$7,535,447.00 |
-$0.00 |
$12,937,840.00 |
| 16 |
$21,496,917.00 |
-$7,914,190.00 |
-$0.00 |
$13,582,727.00 |
| 17 |
$22,571,385.00 |
-$8,311,743.00 |
-$0.00 |
$14,259,642.00 |
| 18 |
$23,700,126.00 |
-$8,729,377.00 |
-$0.00 |
$14,970,749.00 |
| 19 |
$24,885,201.00 |
-$9,167,855.00 |
-$0.00 |
$15,717,346.00 |
| 20 |
$26,129,358.00 |
-$9,628,193.00 |
-$0.00 |
$16,501,165.00 |
| 21 |
$27,436,032.00 |
-$10,111,662.00 |
-$0.00 |
$17,324,370.00 |
| 22 |
$28,807,971.00 |
-$10,619,280.00 |
-$0.00 |
$18,188,691.00 |
| 23 |
$30,247,923.00 |
-$11,152,062.00 |
-$0.00 |
$19,095,861.00 |
| 24 |
$31,760,697.00 |
-$11,711,788.00 |
-$0.00 |
$20,048,909.00 |
| 25 |
$33,348,354.00 |
-$12,299,221.00 |
-$0.00 |
$21,049,133.00 |
| 26 |
$35,016,390.00 |
-$12,916,395.00 |
-$0.00 |
$22,099,995.00 |
| 27 |
$36,766,866.00 |
-$13,564,071.00 |
-$0.00 |
$23,202,795.00 |
| 28 |
$38,605,278.00 |
-$14,244,283.00 |
-$0.00 |
$24,360,995.00 |
| 29 |
$40,535,748.00 |
-$14,958,557.00 |
-$0.00 |
$25,577,191.00 |
| 30 |
$42,562,398.00 |
-$15,708,418.00 |
-$0.00 |
$26,853,980.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$687,000,000.00 |
-$254,190,000.00 |
-$0.00 |
$432,810,000.00 |
|
