The Walt Disney Co., Burbank, Calif., contributed $468 million to its defined benefit plans for its fiscal year ended Oct. 3, according to its 10-K filing.
It expects to contribute between $350 million and $450 million to its pension and retiree medical plans for its fiscal year ending Oct. 3, 2010. Based on past contributions, the vast bulk would be for its pension plans, according to its data.
By contrast, for the year ended in 2008, Disney contributed $17 million to its pension plans and $12 million to its retiree medical plan. Disney changed its pension measurement date to Oct. 3 from June 30.
Disney had $4.8 billion in pension assets and $6.9 billion in pension liabilities as of Oct. 3.
In addition, the company contributed $51 million to its 401(k) defined contribution plans for the fiscal year ended Oct. 3, compared with $52 million in the previous fiscal year. Its 401(k) plan had $2 billion in assets as of year-end 2008, according to its 11-K filing with the SEC June 26.