Bristol-Myers Squibb Co., New York, expects to contribute about $100 million to its U.S. pension plans in 2015, said its 10-K, released Friday.
The company contributed $124 million to its U.S. plans in 2014, $251 million in 2013 and $396 million in 2012.
Estimated annual future benefit payments, including lump-sum payments, range from $300 million to $400 million in each of the next five years, and aggregate $1.7 billion in the subsequent five-year period, the 10-K said.
(Company officials announced last September a $1.4 billion buyout for about 8,000 retirees and beneficiaries.)
The fair value of pension and postretirement plan assets was $6.51 billion as of Dec. 31.
Bristol-Myers Squibb also has $5.36 billion in defined contribution assets.
