United Airlines 2012 Annual Report Download - page 116

Table of Contents
Each of UAL’s, United’s and Continental’s estimated future benefit payments, net of expected participant contributions, in all of the pension plans and other
postretirement benefit plans as of December 31, 2012 are as follows (in millions):






2013 $ 312 $ 136 $ 7
2014 317 143 8
2015 321 150 9
2016 320 159 10
2017 317 166 11
Years 2018
– 2022 1,579 964 61

2013 $ 11 $ 126 $ 7
2014 11 131 8
2015 9 137 9
2016 10 144 10
2017 11 150 11
Years 2018
– 2022 67 865 61

2013 $ 301 $ 10 $ —
2014 306 12 —
2015 312 13 —
2016 310 15 —
2017 306 16 —
Years 2018
– 2022 1,512 99 —

Depending upon the employee group, employer contributions consist of matching contributions and/or non-elective employer contributions. United’s and
Continental’s employer contribution percentages vary from 2% to 16% and less than 1% to 16%, respectively, of eligible earnings depending on the terms of
each plan. The Company’s contributions to its defined contribution plans for the years ended December 31 were as follows (in millions):
 




2012 $ 366 $ 254 $ 112
2011 325 230 95
2010 254 231 23 $ 74
(a) UAL and United amounts include International Association of Machinists (“IAM”) multi-employer plan contributions of $36 million, $34 million and $34
million for years ended December 31, 2012, 2011 and 2010, respectively.
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