EFTA01382460.pdf

Amendment No. 3 to Form S-1 Table of Contents AB ACQUISITION LLC AND SUBSIDIARIES Notes to Consolidated Financial Statements Estimated Future Benefit Payments The following benefit payments, which reflect expected future service as appropriate, are expected to be paid (in millions): Pension Other benefits benefits 2015 S 155.9 S 2.2 2016 156.9 2.1 2017 158.9 2.0 2018 160.2 1.9 2019 161.7 1.9 2020 - 2024 821.7 7.7 Multiemployer Pension Plans The Company contributes to various multiemployer pension plans. These multiemployer plans generally provide retirement benefits to participants based on their service to contributing employers. The benefits are paid from assets held in trust for that purpose. Plan trustees typically are responsible for determining the level of benefits to be provided to participants as well as the investment of the assets and plan administration. Expense is recognized in connection with these plans as contributions are funded. The risks of participating in these multiemployer plans are different from the risks associated with single-employer plans in the following respects: Assets contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other participating employers. • If a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers. • If the Company chooses to stop participating in some multiemployer plans, or makes market exits or store closures or otherwise has participation in the plan fall below certain levels, the Company may be required to pay those plans an amount based on the underfunded status of the plan, referred to as a withdrawal liability. The Company records the actuarially determined estimated liability at an undiscounted amount. The Company's participation in these plans is outlined in the table below. The EIN-Pension Plan Number column provides the Employee Identification Number ("El N') and the three-digit plan number, if applicable. Unless otherwise noted, the most recent Pension Protection Act zone status (TPA') available for fiscal 2014 and 2013 is for the plan's year ending at December 31, 2014 and December 31, 2013, respectively. The zone status is based on information received from the plans and is certified by each plan's actuary. The FIP/RP Status Pending/Implemented column indicates plans for which a financial improvement plan ("FIP') or a rehabilitation plan ("RP") is either pending or has been implemented by the plan trustees. Certain plans have been aggregated in the Other funds line in the following table, as the contributions to each of these plans are not individually material. None of the Company's collective bargaining agreements require that a minimum contribution be made to these plans. F-78 (Continued) hill). %kW V.. sce.go% A R: hi% es edgar data' 1646972 000119312515335826A900395dsla.htm110 14'2015 9:03:02 AM1 CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0081827 CONFIDENTIAL SDNY_GM_00228011 EFTA01382460