| Cash Option ($323.4 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $323,400,000.00 |
-$119,618,330.00 |
-$0.00 |
$203,781,670.00 |
| Annuity ($743 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$11,182,893.00 |
-$4,098,001.00 |
-$0.00 |
$7,084,892.00 |
| 2 |
$11,742,372.00 |
-$4,305,008.00 |
-$0.00 |
$7,437,364.00 |
| 3 |
$12,329,342.00 |
-$4,522,187.00 |
-$0.00 |
$7,807,155.00 |
| 4 |
$12,946,032.00 |
-$4,750,362.00 |
-$0.00 |
$8,195,670.00 |
| 5 |
$13,593,185.00 |
-$4,989,809.00 |
-$0.00 |
$8,603,376.00 |
| 6 |
$14,273,030.00 |
-$5,241,351.00 |
-$0.00 |
$9,031,679.00 |
| 7 |
$14,986,310.00 |
-$5,505,265.00 |
-$0.00 |
$9,481,045.00 |
| 8 |
$15,735,997.00 |
-$5,782,649.00 |
-$0.00 |
$9,953,348.00 |
| 9 |
$16,522,834.00 |
-$6,073,779.00 |
-$0.00 |
$10,449,055.00 |
| 10 |
$17,349,050.00 |
-$6,379,479.00 |
-$0.00 |
$10,969,571.00 |
| 11 |
$18,216,131.00 |
-$6,700,299.00 |
-$0.00 |
$11,515,832.00 |
| 12 |
$19,127,049.00 |
-$7,037,339.00 |
-$0.00 |
$12,089,710.00 |
| 13 |
$20,083,290.00 |
-$7,391,148.00 |
-$0.00 |
$12,692,142.00 |
| 14 |
$21,087,826.00 |
-$7,762,826.00 |
-$0.00 |
$13,325,000.00 |
| 15 |
$22,142,143.00 |
-$8,152,923.00 |
-$0.00 |
$13,989,220.00 |
| 16 |
$23,249,213.00 |
-$8,562,539.00 |
-$0.00 |
$14,686,674.00 |
| 17 |
$24,411,265.00 |
-$8,992,498.00 |
-$0.00 |
$15,418,767.00 |
| 18 |
$25,632,014.00 |
-$9,444,176.00 |
-$0.00 |
$16,187,838.00 |
| 19 |
$26,913,689.00 |
-$9,918,395.00 |
-$0.00 |
$16,995,294.00 |
| 20 |
$28,259,262.00 |
-$10,416,257.00 |
-$0.00 |
$17,843,005.00 |
| 21 |
$29,672,448.00 |
-$10,939,136.00 |
-$0.00 |
$18,733,312.00 |
| 22 |
$31,156,219.00 |
-$11,488,131.00 |
-$0.00 |
$19,668,088.00 |
| 23 |
$32,713,547.00 |
-$12,064,343.00 |
-$0.00 |
$20,649,204.00 |
| 24 |
$34,349,633.00 |
-$12,669,695.00 |
-$0.00 |
$21,679,938.00 |
| 25 |
$36,066,706.00 |
-$13,305,012.00 |
-$0.00 |
$22,761,694.00 |
| 26 |
$37,870,710.00 |
-$13,972,493.00 |
-$0.00 |
$23,898,217.00 |
| 27 |
$39,763,874.00 |
-$14,672,964.00 |
-$0.00 |
$25,090,910.00 |
| 28 |
$41,752,142.00 |
-$15,408,623.00 |
-$0.00 |
$26,343,519.00 |
| 29 |
$43,839,972.00 |
-$16,181,120.00 |
-$0.00 |
$27,658,852.00 |
| 30 |
$46,031,822.00 |
-$16,992,105.00 |
-$0.00 |
$29,039,717.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$743,000,000.00 |
-$274,910,000.00 |
-$0.00 |
$468,090,000.00 |
|
