Corporate pension contributions to U.S. plans for 2016 through March 1, 2017. Dollar amounts are in millions. |
|
UPS | $2,300 | 76.0% | 78.4% | 4.41% | 4.86% | |
FedEx | $2,000 | 83.6% | 85.4% | 4.13% | 4.42% | Fiscal year started June 1. |
GE | $1,720 | 64.2% | 66.5% | 4.11% | 4.38% | |
Pfizer | $1,340 | 80.8% | 77.9% | 4.30% | 4.50% | $175 million to non-U.S. plans. Non-U.S.: 79.3% from 86.4%. |
Delta Air Lines | $1,200 | 49.4% | 45.5% | 4.20% | 4.57% | |
Exxon Mobil | $1,100 | 64.1% | 56.1% | 4.25% | 4.25% | $540 million to non-U.S. plans. Non-U.S. plans' funding ratio: 75.6% from 73.3% |
Ford | $1,000 | 93.3% | 91.8% | 4.03% | 4.27% | $1 billion to non-U.S. plans. Non-U.S. funding ratio: 86.2% from 84.8% |
General Motors | $970 | 89.5% | 85.4% | 3.92% | 4.06% | All for non-U.S. plans. Non-U.S. plan funding ratio: 54% from 54.7% |
Raytheon | $750 | 72.1% | 74.3% | 4.31% | 4.45% | |
Exelon | $651 | 79.7% | 80.8% | 4.04% | 4.29% | |
Verizon | $600 | 69.5% | 73.2% | 4.30% | 4.60% | |
AT&T | $560 | 75.9% | 76.1% | 4.40% | 4.60% | |
3M | $500 | 87.0% | 88.1% | 4.21% | 4.47% | $300 million - $500 million going to global plans. Non-U.S. plan funding ratio: 88.1% from 89.7% |
Boeing | $500 | 73.9% | 76.0% | 4.00% | 4.20% | |
Dow Chemical | $500 | 70.0% | 73.2% | 3.52% | 3.88% | |
IBM | $500 | 98.4% | 97.4% | 3.80% | 4.00% | All to non-U.S. plan. Non-U.S. funding ratio: 80.1% from 79.9% |
Mondelez | $468 | 100.6% | 79.6% | 4.39% | 4.67% | $455 million to non-U.S. plans. Non-U.S. plans' funding ratio: 80.8%, unchanged from 2015 |
Caterpillar | $450 | 70.0% | 72.4% | 4.00% | 4.20% | $100 million to non-U.S. plans. Non-U.S. funding ratio: 87% from 89.3% |
Chevron | $450 | 72.0% | 75.8% | 3.90% | 4.30% | $250 million to non-U.S. plans. Non-U.S. funding ratio: 80.7% from 77% |
ConocoPhillips | $430 | 60.8% | 69.2% | 3.95% | 4.50% | $110 million to non-U.S. plans. Non-U.S. funding ratio: 89% from 92.2% |
Consolidated Edison | $423 | 88.4% | 81.8% | 4.25% | 4.25% | |
Entergy | $409 | 72.4% | 68.7% | 4.39% | 4.67% | |
United Continental | $400 | 64.0% | 66.5% | 4.18% | 4.45% | |
Abbott Laboratories | $364 | 88.5% | 86.6% | 3.80% | 4.30% | |
Xerox | $350 | 66.6% | 68.0% | 4.00% | 4.30% | $181 million to non-U.S. plans. Non-U.S. plans' funding ratio: 87.3% from 84.9% |
PG&E | $327 | 85.1% | 84.3% | 4.11% | 4.37% | |
DuPont | $325 | 68.3% | 67.1% | 3.80% | 4.13% | $98 million to "other plans", funding ratio is for all plans |
DTE Energy | $310 | 77.6% | 77.1% | 4.25% | 4.50% | $270 million will go to DTE Electric Co. DTE Electric funding ratio: 73.8% from 73.5% |
UTC | $300 | 87.5% | 87.5% | 3.80% | 4.00% | |
Huntington Ingalls | $290 | 82.0% | 82.0% | 4.47% | 4.73% | |
American Airlines | $279 | 58.1% | 59.2% | 4.30% | 4.70% | |
BB&T | $260 | 127.0% | 126.0% | 4.43% | 4.68% | |
MetLife | $225 | 87.0% | 88.1% | 4.30% | 4.50% | |
Edison International | $221 | 79.0% | 75.4% | 3.94% | 4.18% | Includes $85 million contribution to the SoCal Edison plan. SoCal Edison funding ratio: 84.2% from 79.4% |
Eaton Corp. | $215 | 78.7% | 76.6% | 4.12% | 4.22% | $90 million to non-U.S. plans. Non-U.S. plans' funding ratio: 63.9% from 67.7% |
Merck | $210 | 90.0% | 95.3% | 4.30% | 4.80% | $160 million to international plans. International plan funding ratio: 93.1% from 93.2% |
Schlumberger | $200 | 85.6% | 86.1% | 4.20% | 4.50% | |
General Dynamics | $190 | 69.0% | 68.6% | 4.19% | 4.46% | |
Aon | $185 | 57.7% | 61.7% | 3.53-4.11% | 3.69-4.43% | $80 million to U.K. plans; $18 million to other international plans. U.K plans' funding ratio: 116.6% from 118.2%, non-U.S./U.K plans' funding ratio: 87.8% from 86.4% |
Kraft Heinz | $185 | 92.9% | 88.2% | 4.20% | 4.30% | $35 million to non-U.S. plan. Non-U.S. plan funding ratio: 117% from 118.5% |
U.S. Bancorp | $185 | 67.0% | 72.0% | 4.27% | 4.45% | |
Sempra Energy | $180 | 66.8% | 68.1% | 4.08% | 4.46% | |
Eversource | $175 | 77.9% | 76.9% | 4.01-4.33% | 4.21-4.60% | |
Freeport McMoRan | $172 | 62.2% | 65.5% | 4.40% | 4.60% | $32 million to non-U.S. plans (Indonesia). Non-U.S. funding ratio: 75.9% from 64.2% |
Phillips 66 | $165 | 78.8% | 72.5% | 3.95% | 4.35% | $35 million to international plans. Non-U.S. funding ratio: 72.36% from 81.4% |
Duke Energy | $160 | 104.2% | 105.3% | 4.10% | 4.40% | |
Cigna | $150 | 81.4% | 80.7% | 3.95% | 4.17% | |
Prudential | $150 | 99.5% | 102.6% | 4.15% | 4.83% | |
Xcel Energy | $150 | 77.7% | 80.7% | 4.13% | 4.65% | |
Allstate | $136 | 85.7% | 87.3% | 4.15% | 4.83% | |
Cummins | $134 | 118.0% | 104.0% | 4.12% | 4.47% | $134 million for its global DB plans. U.K. funding ratio: 121%, up from 118% |
Honeywell | $130 | 96.6% | 94.5% | 4.20% | 4.46% | $130 million to non-U.S. plans. Non-U.S. funding ratio: 94% from 96.5% |
Pepsico | $130 | 86.9% | 87.4% | 4.50% | 4.60% | |
Unisys | $128 | 69.0% | 71.9% | 4.38% | 4.56% | $73.3 million to international plan. Non-U.S. funding ratio: 79% from 83.6% |
Molson Coors | $120 | 95.2% | 100.7% | 3.36% | 3.82% | |
Reynolds American | $111 | 84.7% | 79.4% | 4.16% | 4.54% | |
Coca-Cola | $106 | 88.8% | 84.0% | 4.00% | 4.25% | |
Bristol-Myers Squibb | $100 | 90.5% | 88.6% | 3.50% | 3.80% | |
CenturyLink | $100 | 81.9% | 82.9% | 3.50-4.50% | 3.50-4.10% | |
Kimberly-Clark | $100 | 85.4% | 88.6% | 3.19% | 3.91% | |
L3 Technologies | $100 | 72.4% | 74.0% | 4.40% | 4.73% | |
Pinnacle West | $100 | 83.5% | 83.8% | 4.08% | 4.37% | $300 million in contributions over three years |
Texas Instruments | $100 | 100.4% | 98.6% | 4.29% | 4.62% | $100 millions for global plans. Non-U.S. plan funding ratio: 97.88% from 95.65% |
Travelers Co. | $100 | 101.0% | 96.0% | 4.23% | 4.50% | Contributions will be between $75 million and $100 million |
Total/median | $26,839 | 81.1% | 80.7% | 4.16% | 4.45% |
Funding ratios and discount rates are for U.S. plans. Source: Company 10-K filings |