corporate and government bonds corporate and government bonds are classified as level 2 assets , as they are either valued at quoted market prices from observable pricing sources at the reporting date or valued based upon comparable securities with similar yields and credit ratings .real estate pooled funds real estate pooled funds are classified as level 3 assets , as they are carried at the estimated fair value of the underlying properties .estimated fair value is calculated utilizing a combination of key inputs , such as revenue and expense growth rates , terminal capitalization rates , and discount rates .these key inputs are consistent with practices prevailing within the real estate investment management industry .other pooled funds other pooled funds classified as level 2 assets are valued at the nav of the shares held at year end , which is based on the fair value of the underlying investments .securities and interests classified as level 3 are carried at the estimated fair value .the estimated fair value is based on the fair value of the underlying investment values , which includes estimated bids from brokers or other third-party vendor sources that utilize expected cash flow streams and other uncorroborated data including counterparty credit quality , default risk , discount rates , and the overall capital market liquidity .insurance contracts insurance contracts are classified as level 3 assets , as they are carried at contract value , which approximates the estimated fair value .the estimated fair value is based on the fair value of the underlying investment of the insurance company .contributions and projected benefit payments pension contributions to funded plans and benefit payments for unfunded plans for fiscal year 2016 were $ 79.3 .contributions for funded plans resulted primarily from contractual and regulatory requirements .benefit payments to unfunded plans were due primarily to the timing of retirements and cost reduction actions .we anticipate contributing $ 65 to $ 85 to the defined benefit pension plans in 2017 .these contributions are anticipated to be driven primarily by contractual and regulatory requirements for funded plans and benefit payments for unfunded plans , which are dependent upon timing of retirements and actions to reorganize the business .projected benefit payments , which reflect expected future service , are as follows: .
[['', 'u.s .', 'international'], ['2017', '$ 150.3', '$ 45.7'], ['2018', '152.7', '48.3'], ['2019', '157.2', '50.2'], ['2020', '161.8', '51.1'], ['2021', '166.7', '54.3'], ['2022 20132026', '909.6', '306.9']]
these estimated benefit payments are based on assumptions about future events .actual benefit payments may vary significantly from these estimates .defined contribution plans we maintain a nonleveraged employee stock ownership plan ( esop ) which forms part of the air products and chemicals , inc .retirement savings plan ( rsp ) .the esop was established in may of 2002 .the balance of the rsp is a qualified defined contribution plan including a 401 ( k ) elective deferral component .a substantial portion of u.s .employees are eligible and participate .we treat dividends paid on esop shares as ordinary dividends .under existing tax law , we may deduct dividends which are paid with respect to shares held by the plan .shares of the company 2019s common stock in the esop totaled 3031534 as of 30 september 2016 .our contributions to the rsp include a company core contribution for certain eligible employees who do not receive their primary retirement benefit from the defined benefit pension plans , with the core contribution based .

Question: considering the year 2017 , what is the lowest projected benefit payment value?
Answer: 45.7
Explanation: it is the minimum value of the projected benefit payment observed in that year .