Whirlpool Corp., Benton Harbor, Mich., will contribute $160 million to its U.S. defined benefit pension plans in 2014, the minimum required by law, according to Whirlpool's 10-K, filed Tuesday.
The company contributed $127 million to the U.S. plans in 2013.
As of Dec. 31, the U.S. plans had $2.8 billion in assets and $3.5 billion in projected benefit obligations, for a funding ratio of 80%.
Spokesman Mike Herbst could not provide further information by press time. Phone calls to Larry Venturelli, executive vice president and CFO, and Kirsten Hewitt, senior vice president of corporate affairs and general counsel, were not returned by press time.