| Cash Option ($371.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $371,700,000.00 |
-$137,489,330.00 |
-$0.00 |
$234,210,670.00 |
| Annuity ($800 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$12,040,800.00 |
-$4,415,426.00 |
-$0.00 |
$7,625,374.00 |
| 2 |
$12,643,200.00 |
-$4,638,314.00 |
-$0.00 |
$8,004,886.00 |
| 3 |
$13,275,200.00 |
-$4,872,154.00 |
-$0.00 |
$8,403,046.00 |
| 4 |
$13,939,200.00 |
-$5,117,834.00 |
-$0.00 |
$8,821,366.00 |
| 5 |
$14,636,000.00 |
-$5,375,650.00 |
-$0.00 |
$9,260,350.00 |
| 6 |
$15,368,000.00 |
-$5,646,490.00 |
-$0.00 |
$9,721,510.00 |
| 7 |
$16,136,000.00 |
-$5,930,650.00 |
-$0.00 |
$10,205,350.00 |
| 8 |
$16,943,200.00 |
-$6,229,314.00 |
-$0.00 |
$10,713,886.00 |
| 9 |
$17,790,400.00 |
-$6,542,778.00 |
-$0.00 |
$11,247,622.00 |
| 10 |
$18,680,000.00 |
-$6,871,930.00 |
-$0.00 |
$11,808,070.00 |
| 11 |
$19,613,600.00 |
-$7,217,362.00 |
-$0.00 |
$12,396,238.00 |
| 12 |
$20,594,400.00 |
-$7,580,258.00 |
-$0.00 |
$13,014,142.00 |
| 13 |
$21,624,000.00 |
-$7,961,210.00 |
-$0.00 |
$13,662,790.00 |
| 14 |
$22,705,600.00 |
-$8,361,402.00 |
-$0.00 |
$14,344,198.00 |
| 15 |
$23,840,800.00 |
-$8,781,426.00 |
-$0.00 |
$15,059,374.00 |
| 16 |
$25,032,800.00 |
-$9,222,466.00 |
-$0.00 |
$15,810,334.00 |
| 17 |
$26,284,000.00 |
-$9,685,410.00 |
-$0.00 |
$16,598,590.00 |
| 18 |
$27,598,400.00 |
-$10,171,738.00 |
-$0.00 |
$17,426,662.00 |
| 19 |
$28,978,400.00 |
-$10,682,338.00 |
-$0.00 |
$18,296,062.00 |
| 20 |
$30,427,200.00 |
-$11,218,394.00 |
-$0.00 |
$19,208,806.00 |
| 21 |
$31,948,800.00 |
-$11,781,386.00 |
-$0.00 |
$20,167,414.00 |
| 22 |
$33,546,400.00 |
-$12,372,498.00 |
-$0.00 |
$21,173,902.00 |
| 23 |
$35,223,200.00 |
-$12,992,914.00 |
-$0.00 |
$22,230,286.00 |
| 24 |
$36,984,800.00 |
-$13,644,706.00 |
-$0.00 |
$23,340,094.00 |
| 25 |
$38,833,600.00 |
-$14,328,762.00 |
-$0.00 |
$24,504,838.00 |
| 26 |
$40,776,000.00 |
-$15,047,450.00 |
-$0.00 |
$25,728,550.00 |
| 27 |
$42,814,400.00 |
-$15,801,658.00 |
-$0.00 |
$27,012,742.00 |
| 28 |
$44,955,200.00 |
-$16,593,754.00 |
-$0.00 |
$28,361,446.00 |
| 29 |
$47,203,200.00 |
-$17,425,514.00 |
-$0.00 |
$29,777,686.00 |
| 30 |
$49,563,200.00 |
-$18,298,714.00 |
-$0.00 |
$31,264,486.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$800,000,000.00 |
-$296,000,000.00 |
-$0.00 |
$504,000,000.00 |
|
