| Cash Option ($277.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $277,300,000.00 |
-$102,561,330.00 |
-$0.00 |
$174,738,670.00 |
| Annuity ($633 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$9,527,283.00 |
-$3,485,425.00 |
-$0.00 |
$6,041,858.00 |
| 2 |
$10,003,932.00 |
-$3,661,785.00 |
-$0.00 |
$6,342,147.00 |
| 3 |
$10,504,002.00 |
-$3,846,811.00 |
-$0.00 |
$6,657,191.00 |
| 4 |
$11,029,392.00 |
-$4,041,205.00 |
-$0.00 |
$6,988,187.00 |
| 5 |
$11,580,735.00 |
-$4,245,202.00 |
-$0.00 |
$7,335,533.00 |
| 6 |
$12,159,930.00 |
-$4,459,504.00 |
-$0.00 |
$7,700,426.00 |
| 7 |
$12,767,610.00 |
-$4,684,346.00 |
-$0.00 |
$8,083,264.00 |
| 8 |
$13,406,307.00 |
-$4,920,664.00 |
-$0.00 |
$8,485,643.00 |
| 9 |
$14,076,654.00 |
-$5,168,692.00 |
-$0.00 |
$8,907,962.00 |
| 10 |
$14,780,550.00 |
-$5,429,134.00 |
-$0.00 |
$9,351,416.00 |
| 11 |
$15,519,261.00 |
-$5,702,457.00 |
-$0.00 |
$9,816,804.00 |
| 12 |
$16,295,319.00 |
-$5,989,598.00 |
-$0.00 |
$10,305,721.00 |
| 13 |
$17,109,990.00 |
-$6,291,027.00 |
-$0.00 |
$10,818,963.00 |
| 14 |
$17,965,806.00 |
-$6,607,679.00 |
-$0.00 |
$11,358,127.00 |
| 15 |
$18,864,033.00 |
-$6,940,023.00 |
-$0.00 |
$11,924,010.00 |
| 16 |
$19,807,203.00 |
-$7,288,995.00 |
-$0.00 |
$12,518,208.00 |
| 17 |
$20,797,215.00 |
-$7,655,300.00 |
-$0.00 |
$13,141,915.00 |
| 18 |
$21,837,234.00 |
-$8,040,107.00 |
-$0.00 |
$13,797,127.00 |
| 19 |
$22,929,159.00 |
-$8,444,119.00 |
-$0.00 |
$14,485,040.00 |
| 20 |
$24,075,522.00 |
-$8,868,274.00 |
-$0.00 |
$15,207,248.00 |
| 21 |
$25,279,488.00 |
-$9,313,741.00 |
-$0.00 |
$15,965,747.00 |
| 22 |
$26,543,589.00 |
-$9,781,458.00 |
-$0.00 |
$16,762,131.00 |
| 23 |
$27,870,357.00 |
-$10,272,362.00 |
-$0.00 |
$17,597,995.00 |
| 24 |
$29,264,223.00 |
-$10,788,093.00 |
-$0.00 |
$18,476,130.00 |
| 25 |
$30,727,086.00 |
-$11,329,352.00 |
-$0.00 |
$19,397,734.00 |
| 26 |
$32,264,010.00 |
-$11,898,014.00 |
-$0.00 |
$20,365,996.00 |
| 27 |
$33,876,894.00 |
-$12,494,781.00 |
-$0.00 |
$21,382,113.00 |
| 28 |
$35,570,802.00 |
-$13,121,527.00 |
-$0.00 |
$22,449,275.00 |
| 29 |
$37,349,532.00 |
-$13,779,657.00 |
-$0.00 |
$23,569,875.00 |
| 30 |
$39,216,882.00 |
-$14,470,577.00 |
-$0.00 |
$24,746,305.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$633,000,000.00 |
-$234,210,000.00 |
-$0.00 |
$398,790,000.00 |
|
