Hewlett Packard Enterprise Co., Houston, plans to contribute $192 million to its non-U.S. pension plans in the fiscal year ending Oct. 31, 2021.
The company announced the contributions to its pension plans, which are based primarily in the United Kingdom and Germany, in its 10-K filing with the SEC Thursday.
HPE contributed about $167 million to the plans during its fiscal year ending Oct. 31.
The company does not have any U.S.-based qualified pension plans.
As of Oct. 31, the pension plans' assets totaled $14.127 billion, while projected benefit obligations totaled $14.845 billion, for a funding ratio of 95.2%, up from 94.4% a year earlier.
The discount rate as of Dec. 31 was 1%, down from 1.2% a year earlier.
As of Oct. 31, the actual allocation of HPE's non-U.S. pension plans was 53.9% fixed income, 22.6% public equities, 17.6% private/hybrid equities, 3% cash and cash equivalents, and 2.9% real estate and other investments.
