Chevron, Kodak, Motorola and FedEx made contributions to their pension plans.
Chevron contributed $183 million to its pension plans in the first half of the year, split evenly between U.S and overseas plans, according to the company's second quarter 10-Q filing. The company expects to contribute a total of $500 million in calendar year 2006, with $300 million going to the domestic plans and $200 million to foreign plans, the filing said. Those figures are in line with previous estimates.
Eastman Kodak contributed $100 million to its worldwide pension plans in the first half of 2006, including $39 million in the second quarter, according to a 10-Q filing posted on the company's website. Company officials plan to contribute another $84 million in 2006.
Motorola contributed $66 million to its U.S. pension plans after July 1 in addition to a $71 million contribution in the second quarter, according to a filing with the SEC. The firm also contributed $9 million to its non-U.S. pension plan in the second quarter, for a total of $19 million in the six months ended July 1. Company officials plan to contribute a total of $275 million to its U.S. plans and $44 million to non-U.S. plans for the year.
FedEx contributed $456 million to its U.S. pension plans in the year ended May 31, according to a filing with the SEC. That compares with $460 million in contributions for the previous year. Company executives plan to make a similar contribution in fiscal 2007.