Coca-Cola Enterprises Inc., Atlanta, expects to contribute $207 million to its U.S. and non-U.S. pension plans in 2009, according to the annual report filed today with the SEC.
The report says the company plans to contribute $147 million to its U.S. pension plans, $39 million to its non-U.S. plans and $21 million to other post-retirement plans.
“As a result of significant declines in the funded status of our pension plans during 2008, it is probable that our future pension plan costs and contributions will be significantly greater than our 2008 amounts,” the annual report said.
The company contributed a total of $154 million to its defined benefit and other post-retirement plans in 2008, the report said. Fair value of plan assets was around $2.2 billion at the end of 2008.
