| Cash Option ($283.9 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $283,900,000.00 |
-$105,003,330.00 |
-$0.00 |
$178,896,670.00 |
| Annuity ($674 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$10,144,374.00 |
-$3,713,749.00 |
-$0.00 |
$6,430,625.00 |
| 2 |
$10,651,896.00 |
-$3,901,532.00 |
-$0.00 |
$6,750,364.00 |
| 3 |
$11,184,356.00 |
-$4,098,542.00 |
-$0.00 |
$7,085,814.00 |
| 4 |
$11,743,776.00 |
-$4,305,528.00 |
-$0.00 |
$7,438,248.00 |
| 5 |
$12,330,830.00 |
-$4,522,737.00 |
-$0.00 |
$7,808,093.00 |
| 6 |
$12,947,540.00 |
-$4,750,920.00 |
-$0.00 |
$8,196,620.00 |
| 7 |
$13,594,580.00 |
-$4,990,325.00 |
-$0.00 |
$8,604,255.00 |
| 8 |
$14,274,646.00 |
-$5,241,949.00 |
-$0.00 |
$9,032,697.00 |
| 9 |
$14,988,412.00 |
-$5,506,043.00 |
-$0.00 |
$9,482,369.00 |
| 10 |
$15,737,900.00 |
-$5,783,353.00 |
-$0.00 |
$9,954,547.00 |
| 11 |
$16,524,458.00 |
-$6,074,380.00 |
-$0.00 |
$10,450,078.00 |
| 12 |
$17,350,782.00 |
-$6,380,120.00 |
-$0.00 |
$10,970,662.00 |
| 13 |
$18,218,220.00 |
-$6,701,072.00 |
-$0.00 |
$11,517,148.00 |
| 14 |
$19,129,468.00 |
-$7,038,234.00 |
-$0.00 |
$12,091,234.00 |
| 15 |
$20,085,874.00 |
-$7,392,104.00 |
-$0.00 |
$12,693,770.00 |
| 16 |
$21,090,134.00 |
-$7,763,680.00 |
-$0.00 |
$13,326,454.00 |
| 17 |
$22,144,270.00 |
-$8,153,710.00 |
-$0.00 |
$13,990,560.00 |
| 18 |
$23,251,652.00 |
-$8,563,442.00 |
-$0.00 |
$14,688,210.00 |
| 19 |
$24,414,302.00 |
-$8,993,622.00 |
-$0.00 |
$15,420,680.00 |
| 20 |
$25,634,916.00 |
-$9,445,249.00 |
-$0.00 |
$16,189,667.00 |
| 21 |
$26,916,864.00 |
-$9,919,570.00 |
-$0.00 |
$16,997,294.00 |
| 22 |
$28,262,842.00 |
-$10,417,582.00 |
-$0.00 |
$17,845,260.00 |
| 23 |
$29,675,546.00 |
-$10,940,282.00 |
-$0.00 |
$18,735,264.00 |
| 24 |
$31,159,694.00 |
-$11,489,417.00 |
-$0.00 |
$19,670,277.00 |
| 25 |
$32,717,308.00 |
-$12,065,734.00 |
-$0.00 |
$20,651,574.00 |
| 26 |
$34,353,780.00 |
-$12,671,229.00 |
-$0.00 |
$21,682,551.00 |
| 27 |
$36,071,132.00 |
-$13,306,649.00 |
-$0.00 |
$22,764,483.00 |
| 28 |
$37,874,756.00 |
-$13,973,990.00 |
-$0.00 |
$23,900,766.00 |
| 29 |
$39,768,696.00 |
-$14,674,748.00 |
-$0.00 |
$25,093,948.00 |
| 30 |
$41,756,996.00 |
-$15,410,419.00 |
-$0.00 |
$26,346,577.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$674,000,000.00 |
-$249,380,000.00 |
-$0.00 |
$424,620,000.00 |
|
