Coca Cola 2006 Annual Report Download - page 115

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THE COCA-COLA COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 16: PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Continued)
Cash Flows
Information about the expected cash flows for our pension and other postretirement benefit plans is as
follows (in millions):
Pension Other
Benefits Benefits
Expected employer contributions:
2007 $49 $—
Expected benefit payments1:
2007 $ 135 $ 30
2008 133 33
2009 134 36
2010 145 39
2011 142 42
2012-2016 834 253
1The expected benefit payments for our other postretirement benefit plans are net of estimated
federal subsidies expected to be received under the Medicare Prescription Drug, Improvement and
Modernization Act of 2003. Federal subsidies are estimated to range from $2 million to $3 million in
2007 to 2011 and are estimated to be $23 million for the period 2012-2016.
Defined Contribution Plans
Our Company sponsors a qualified defined contribution plan covering substantially all U.S. employees.
Under this plan, we match 100 percent of participants’ contributions up to a maximum of 3 percent of
compensation. Company contributions to the U.S. plan were approximately $25 million, $21 million and
$18 million in 2006, 2005 and 2004, respectively. We also sponsor defined contribution plans in certain locations
outside the United States. Company contributions to those plans were approximately $18 million, $16 million
and $13 million in 2006, 2005 and 2004, respectively.
NOTE 17: INCOME TAXES
Income before income taxes consisted of the following (in millions):
Year Ended December 31, 2006 2005 2004
United States $ 2,126 $ 2,268 $ 2,535
International 4,452 4,422 3,687
$ 6,578 $ 6,690 $ 6,222
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