Kodak 2006 Annual Report Download - page 111

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The Company’s weighted-average asset allocations for its major non-U.S. Defined Benefit Pension Plans at December 31, 2006 and 2005, by asset
category are as follows:
Asset Category 2006 2005 Target
Equity securities 35% 35% 32%-42%
Debt securities 31% 32% 28%-34%
Real estate 7% 7% 3%-13%
Other 27% 26% 19%-29%
Total 100% 100%
The Other asset category in the tables above is primarily composed of private equity, venture capital, cash and other investments.
The Company expects to contribute approximately $19 million and $41 million in 2007 for U.S. and Non-U.S. defined benefit pension plans, respec-
tively.
The following pension benefit payments, which reflect expected future service, are expected to be paid:
(in millions) U.S. Non-U.S.
2007 $ 461 $ 239
2008 441 224
2009 438 218
2010 436 214
2011 434 213
2012-2016 2,199 1,034
NOTE 18: OTHER POSTRETIREMENT BENEFITS
The Company provides healthcare, dental and life insurance benefits to U.S. eligible retirees and eligible survivors of retirees. Generally, to be eligible
for the plan, individuals retiring prior to January 1, 1996 were required to be 55 years of age with ten years of service or their age plus years of service
must have equaled or exceeded 75. For those retiring after December 31, 1995, the individuals must be 55 years of age with ten years of service or
have been eligible as of December 31, 1995. Based on the eligibility requirements, these benefits are provided to U.S. retirees who are covered by
the Company’s KRIP plan and are funded from the general assets of the Company as they are incurred. However, those under the Cash Balance Plus
portion of the KRIP plan would be required to pay the full cost of their benefits under the plan. The Company’s subsidiaries in the United Kingdom and
Canada offer similar healthcare benefits.
The measurement date used to determine the net benefit obligation for the Company’s other postretirement benefit plans is December 31.