Company: SABR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001597033-25-000027
Chunk: 159

Company: Sabre Corp
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 159
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,542 $32,569 $218,861 The following table provides a rollforward of plan assets valued using significant unobservable inputs (level 3), in thousands:  Real EstateEnding balance at December 31, 2022$7,290 Contributions27,000 Net distributions(163)Redemptions(266)Advisory fee(64)Net investment income236 Unrealized loss(1,471)Net realized gain7 Ending balance at December 31, 2023$32,569 Contributions— Net distributions(169)Redemptions(188)Advisory fee(48)Net investment income198 Unrealized loss(216)Net realized loss(4)Ending balance at December 31, 2024$32,142 We contributed $13 million to fund our defined benefit pension plans during each of the years ended December 31, 2024 and 2023. Annual contributions to our defined benefit pension plans in the United States, Canada, and other jurisdictions are based on several factors that may vary from year to year. Our funding practice is to contribute the minimum required contribution as defined by law while also maintaining an 80% funded status as defined by the Pension Protection Act of 2006. Thus, past 

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contributions are not always indicative of future contributions. Based on current assumptions, we expect to make a contribution of up to $17 million to our defined benefit pension plans in  2025.The expected long term rate of return on plan assets for each measurement date was selected after giving consideration to historical returns on plan assets, assessments of expected long term inflation and market returns for each asset class and the target asset allocation strategy. We do not anticipate the return of any plan assets to us in 2025.We expect the LPP to make the following estimated future benefit payments (in thousands): Amount2025$31,213 202629,791 202731,507 202829,233 202927,169 2030-2034108,364 

18. Commitments and Contingencies Purchase CommitmentsIn the ordinary course of business, we make various commitments in connection with the purchase of goods and services from specific suppliers. We have outstanding commitments of approximately $2.1 billion. These purchase commitments extend through 2030.Legal ProceedingsWhile certain legal proceedings and related indemnification obligations to which we are a party specify the amounts claimed, these amounts may