| Cash Option ($391.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $391,700,000.00 |
-$144,889,330.00 |
-$0.00 |
$246,810,670.00 |
| Annuity ($843 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$12,687,993.00 |
-$4,654,888.00 |
-$0.00 |
$8,033,105.00 |
| 2 |
$13,322,772.00 |
-$4,889,756.00 |
-$0.00 |
$8,433,016.00 |
| 3 |
$13,988,742.00 |
-$5,136,165.00 |
-$0.00 |
$8,852,577.00 |
| 4 |
$14,688,432.00 |
-$5,395,050.00 |
-$0.00 |
$9,293,382.00 |
| 5 |
$15,422,685.00 |
-$5,666,724.00 |
-$0.00 |
$9,755,961.00 |
| 6 |
$16,194,030.00 |
-$5,952,121.00 |
-$0.00 |
$10,241,909.00 |
| 7 |
$17,003,310.00 |
-$6,251,555.00 |
-$0.00 |
$10,751,755.00 |
| 8 |
$17,853,897.00 |
-$6,566,272.00 |
-$0.00 |
$11,287,625.00 |
| 9 |
$18,746,634.00 |
-$6,896,585.00 |
-$0.00 |
$11,850,049.00 |
| 10 |
$19,684,050.00 |
-$7,243,429.00 |
-$0.00 |
$12,440,621.00 |
| 11 |
$20,667,831.00 |
-$7,607,428.00 |
-$0.00 |
$13,060,403.00 |
| 12 |
$21,701,349.00 |
-$7,989,830.00 |
-$0.00 |
$13,711,519.00 |
| 13 |
$22,786,290.00 |
-$8,391,258.00 |
-$0.00 |
$14,395,032.00 |
| 14 |
$23,926,026.00 |
-$8,812,960.00 |
-$0.00 |
$15,113,066.00 |
| 15 |
$25,122,243.00 |
-$9,255,560.00 |
-$0.00 |
$15,866,683.00 |
| 16 |
$26,378,313.00 |
-$9,720,306.00 |
-$0.00 |
$16,658,007.00 |
| 17 |
$27,696,765.00 |
-$10,208,133.00 |
-$0.00 |
$17,488,632.00 |
| 18 |
$29,081,814.00 |
-$10,720,602.00 |
-$0.00 |
$18,361,212.00 |
| 19 |
$30,535,989.00 |
-$11,258,646.00 |
-$0.00 |
$19,277,343.00 |
| 20 |
$32,062,662.00 |
-$11,823,515.00 |
-$0.00 |
$20,239,147.00 |
| 21 |
$33,666,048.00 |
-$12,416,768.00 |
-$0.00 |
$21,249,280.00 |
| 22 |
$35,349,519.00 |
-$13,039,652.00 |
-$0.00 |
$22,309,867.00 |
| 23 |
$37,116,447.00 |
-$13,693,416.00 |
-$0.00 |
$23,423,031.00 |
| 24 |
$38,972,733.00 |
-$14,380,242.00 |
-$0.00 |
$24,592,491.00 |
| 25 |
$40,920,906.00 |
-$15,101,066.00 |
-$0.00 |
$25,819,840.00 |
| 26 |
$42,967,710.00 |
-$15,858,383.00 |
-$0.00 |
$27,109,327.00 |
| 27 |
$45,115,674.00 |
-$16,653,130.00 |
-$0.00 |
$28,462,544.00 |
| 28 |
$47,371,542.00 |
-$17,487,801.00 |
-$0.00 |
$29,883,741.00 |
| 29 |
$49,740,372.00 |
-$18,364,268.00 |
-$0.00 |
$31,376,104.00 |
| 30 |
$52,227,222.00 |
-$19,284,403.00 |
-$0.00 |
$32,942,819.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$843,000,000.00 |
-$311,910,000.00 |
-$0.00 |
$531,090,000.00 |
|
