| Cash Option ($293.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $293,300,000.00 |
-$108,481,330.00 |
-$0.00 |
$184,818,670.00 |
| Annuity ($672 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$10,114,272.00 |
-$3,702,611.00 |
-$0.00 |
$6,411,661.00 |
| 2 |
$10,620,288.00 |
-$3,889,837.00 |
-$0.00 |
$6,730,451.00 |
| 3 |
$11,151,168.00 |
-$4,086,263.00 |
-$0.00 |
$7,064,905.00 |
| 4 |
$11,708,928.00 |
-$4,292,634.00 |
-$0.00 |
$7,416,294.00 |
| 5 |
$12,294,240.00 |
-$4,509,199.00 |
-$0.00 |
$7,785,041.00 |
| 6 |
$12,909,120.00 |
-$4,736,705.00 |
-$0.00 |
$8,172,415.00 |
| 7 |
$13,554,240.00 |
-$4,975,399.00 |
-$0.00 |
$8,578,841.00 |
| 8 |
$14,232,288.00 |
-$5,226,277.00 |
-$0.00 |
$9,006,011.00 |
| 9 |
$14,943,936.00 |
-$5,489,587.00 |
-$0.00 |
$9,454,349.00 |
| 10 |
$15,691,200.00 |
-$5,766,074.00 |
-$0.00 |
$9,925,126.00 |
| 11 |
$16,475,424.00 |
-$6,056,237.00 |
-$0.00 |
$10,419,187.00 |
| 12 |
$17,299,296.00 |
-$6,361,070.00 |
-$0.00 |
$10,938,226.00 |
| 13 |
$18,164,160.00 |
-$6,681,070.00 |
-$0.00 |
$11,483,090.00 |
| 14 |
$19,072,704.00 |
-$7,017,231.00 |
-$0.00 |
$12,055,473.00 |
| 15 |
$20,026,272.00 |
-$7,370,051.00 |
-$0.00 |
$12,656,221.00 |
| 16 |
$21,027,552.00 |
-$7,740,525.00 |
-$0.00 |
$13,287,027.00 |
| 17 |
$22,078,560.00 |
-$8,129,398.00 |
-$0.00 |
$13,949,162.00 |
| 18 |
$23,182,656.00 |
-$8,537,913.00 |
-$0.00 |
$14,644,743.00 |
| 19 |
$24,341,856.00 |
-$8,966,817.00 |
-$0.00 |
$15,375,039.00 |
| 20 |
$25,558,848.00 |
-$9,417,104.00 |
-$0.00 |
$16,141,744.00 |
| 21 |
$26,836,992.00 |
-$9,890,017.00 |
-$0.00 |
$16,946,975.00 |
| 22 |
$28,178,976.00 |
-$10,386,552.00 |
-$0.00 |
$17,792,424.00 |
| 23 |
$29,587,488.00 |
-$10,907,701.00 |
-$0.00 |
$18,679,787.00 |
| 24 |
$31,067,232.00 |
-$11,455,206.00 |
-$0.00 |
$19,612,026.00 |
| 25 |
$32,620,224.00 |
-$12,029,813.00 |
-$0.00 |
$20,590,411.00 |
| 26 |
$34,251,840.00 |
-$12,633,511.00 |
-$0.00 |
$21,618,329.00 |
| 27 |
$35,964,096.00 |
-$13,267,046.00 |
-$0.00 |
$22,697,050.00 |
| 28 |
$37,762,368.00 |
-$13,932,407.00 |
-$0.00 |
$23,829,961.00 |
| 29 |
$39,650,688.00 |
-$14,631,085.00 |
-$0.00 |
$25,019,603.00 |
| 30 |
$41,633,088.00 |
-$15,364,573.00 |
-$0.00 |
$26,268,515.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$672,000,000.00 |
-$248,640,000.00 |
-$0.00 |
$423,360,000.00 |
|
