The Walt Disney Co., Burbank, Calif., plans to contribute $350 million to $375 million to its defined benefit and postretirement medical plans in fiscal year 2015, which began Sept. 28, the company's most recent 10-K filing shows.
During fiscal year 2014, which ended Sept. 27, the company contributed a total of $275 million to the plans.
As of Sept. 27, the company's defined benefit plans had $9.7 billion in assets and $12.2 billion in projected benefit obligations, for a funding ratio of 80%, the 10-K said.
The discount rate used to determine benefit obligations was 4.4%, down from 5% in 2013. The assumed rate of return remained 7.5% in 2014.
As of Sept. 27, the asset allocation was 23% international equities; 18% domestic mid/large-cap equities; 17% government and federal agency bonds, notes and asset-backed securities; 12% cash and money market funds; 7% each corporate bonds and diversified alternative investments; 6% private equity/venture capital; 4% real estate, 3% domestic small-cap equities; 2% distressed alternative investments; and the remainder in derivatives.
