Sunbeam 2006 Annual Report Download - page 79

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Notes to Consolidated Financial Statements
Jarden Corporation 2006 Annual Report
77
The allocation percentage of plan assets follows:
2006 2005
Asset allocation:
Equity securities and funds 55.7%58.5%
Debt securities and funds 22.525.1
Other 21.816.4
Total 100.0%100.0%
Domestic Contributions
In 2007,the Company expects to make cash contributions of approximately $15.9million and $1.2million to its domes-
tic pension and postretirement plans, respectively. These contributions were both funded and unfunded plans and are net of
participant contributions.
Foreign Contributions
The Company funds its pension plans in amounts consistent with applicable laws and regulations and expects to make cash
contributions of approximately $1.1million in 2007.
Information about the expected benefit payments for the Company’s pension and postretirement plans are as follows:
(in millions)
Pension Postretirement
Years ended December 31, Plans Plans
2007 $36.8$1.2
2008 18.61.2
2009 17.71.3
2010 18.11.3
2011 18.01.4
2012-2015 90.87.3
Total $200.0$13.7
The current healthcare cost trend rate gradually declines through 2012 to the ultimate trend rate and remains level there-
after. A one percentage point change in assumed healthcare cost trend rates would have the following effects:
(in millions) 1%Increase 1% Decrease
Total postretirement service and interest cost components $0.9$(0.9)
Postretirement benefit obligation 0.1(0.1)
The Company sponsors defined contribution savings plans for substantially all of its U.S. employees. Under provisions
for this plan, employees may contribute a percentage of eligible compensation on both a before-tax basis and after-tax basis.
The Company matches a percentage of a participating employee’s before-tax contributions. For 2006,2005 and 2004 the
defined contribution savings plan expense was $6.9million, $5.7million and $6.4million, respectively.