Company: NE-WTA
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006184
Chunk: 202

Company: Noble Corp plc
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 202
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,857 — Fixed income securities:Corporate bonds100,377 96,373 4,004 Treasury bonds31,171 31,171 — — Total$172,793 $131,932 $40,861 $— Defined Benefit Plans—Cash FlowsIn 2024, 2023, and 2022, we made no contributions to our non-US plan and contributions of $0.1 million, $0.2 million, and $0.4 million to our US plans, respectively. We expect our aggregate minimum contributions to our non-US and US plans in 2025, subject to applicable law, to be zero and $0.1 million, respectively. We continue to monitor and evaluate funding options based upon market conditions and may increase contributions at our discretion.The following table summarizes our estimated benefit payments at December 31, 2024:Payments by PeriodTotal20252026202720282029ThereafterEstimated benefit paymentsNon-US plans$25,709 $2,282 $2,331 $2,423 $2,499 $2,578 $13,596 US plans114,653 10,733 10,989 11,215 11,378 11,548 58,790 Total estimated benefit payments$140,362 $13,015 $13,320 $13,638 $13,877 $14,126 $72,386 Other Benefit Plans. We sponsored a 401(k) Restoration Plan, which is a nonqualified, unfunded employee benefit plan under which specified employees may elect to defer compensation in excess of amounts deferrable under our 401(k) savings plan. At December 31, 2021, our liability for the 401(k) Restoration Plan was $2.8 million, and is included in “Accrued payroll and related costs.” In early 2022, the Noble Services Company LLC Board of Directors approved the termination of the 401(k) Restoration Plan, following which Noble distributed all benefits of the plan during the second quarter of 2022. No liabilities remained in the plan as of December 31, 2022. We do not provide post-retirement benefits (other than pensions) or any post-employment benefits to our employees.

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NOBLE CORPORATION plc AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS(Unless