| Cash Option ($333.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $333,300,000.00 |
-$123,281,330.00 |
-$0.00 |
$210,018,670.00 |
| Annuity ($719 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$10,821,669.00 |
-$3,964,348.00 |
-$0.00 |
$6,857,321.00 |
| 2 |
$11,363,076.00 |
-$4,164,669.00 |
-$0.00 |
$7,198,407.00 |
| 3 |
$11,931,086.00 |
-$4,374,832.00 |
-$0.00 |
$7,556,254.00 |
| 4 |
$12,527,856.00 |
-$4,595,637.00 |
-$0.00 |
$7,932,219.00 |
| 5 |
$13,154,105.00 |
-$4,827,349.00 |
-$0.00 |
$8,326,756.00 |
| 6 |
$13,811,990.00 |
-$5,070,767.00 |
-$0.00 |
$8,741,223.00 |
| 7 |
$14,502,230.00 |
-$5,326,155.00 |
-$0.00 |
$9,176,075.00 |
| 8 |
$15,227,701.00 |
-$5,594,580.00 |
-$0.00 |
$9,633,121.00 |
| 9 |
$15,989,122.00 |
-$5,876,306.00 |
-$0.00 |
$10,112,816.00 |
| 10 |
$16,788,650.00 |
-$6,172,131.00 |
-$0.00 |
$10,616,519.00 |
| 11 |
$17,627,723.00 |
-$6,482,588.00 |
-$0.00 |
$11,145,135.00 |
| 12 |
$18,509,217.00 |
-$6,808,741.00 |
-$0.00 |
$11,700,476.00 |
| 13 |
$19,434,570.00 |
-$7,151,121.00 |
-$0.00 |
$12,283,449.00 |
| 14 |
$20,406,658.00 |
-$7,510,794.00 |
-$0.00 |
$12,895,864.00 |
| 15 |
$21,426,919.00 |
-$7,888,290.00 |
-$0.00 |
$13,538,629.00 |
| 16 |
$22,498,229.00 |
-$8,284,675.00 |
-$0.00 |
$14,213,554.00 |
| 17 |
$23,622,745.00 |
-$8,700,746.00 |
-$0.00 |
$14,921,999.00 |
| 18 |
$24,804,062.00 |
-$9,137,833.00 |
-$0.00 |
$15,666,229.00 |
| 19 |
$26,044,337.00 |
-$9,596,735.00 |
-$0.00 |
$16,447,602.00 |
| 20 |
$27,346,446.00 |
-$10,078,515.00 |
-$0.00 |
$17,267,931.00 |
| 21 |
$28,713,984.00 |
-$10,584,504.00 |
-$0.00 |
$18,129,480.00 |
| 22 |
$30,149,827.00 |
-$11,115,766.00 |
-$0.00 |
$19,034,061.00 |
| 23 |
$31,656,851.00 |
-$11,673,365.00 |
-$0.00 |
$19,983,486.00 |
| 24 |
$33,240,089.00 |
-$12,259,163.00 |
-$0.00 |
$20,980,926.00 |
| 25 |
$34,901,698.00 |
-$12,873,959.00 |
-$0.00 |
$22,027,739.00 |
| 26 |
$36,647,430.00 |
-$13,519,879.00 |
-$0.00 |
$23,127,551.00 |
| 27 |
$38,479,442.00 |
-$14,197,724.00 |
-$0.00 |
$24,281,718.00 |
| 28 |
$40,403,486.00 |
-$14,909,620.00 |
-$0.00 |
$25,493,866.00 |
| 29 |
$42,423,876.00 |
-$15,657,165.00 |
-$0.00 |
$26,766,711.00 |
| 30 |
$44,544,926.00 |
-$16,441,953.00 |
-$0.00 |
$28,102,973.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$719,000,000.00 |
-$266,030,000.00 |
-$0.00 |
$452,970,000.00 |
|
