Company: PRGO
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001585364-25-000014
Chunk: 140

Company: PERRIGO Co plc
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 140
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 payments. We may redeem the 2013 Notes in whole or in part at any time for cash at the make-whole redemption prices described in the 2013 Indenture. Other FinancingWe have overdraft facilities available that we use to support our cash management operations. We report any balances outstanding in the above table under "Other financing". There were no material borrowings outstanding under the overdraft facilities as of December 31, 2024 and December 31, 2023. 

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Perrigo Company plc - Item 8Note 12

We have financing leases that are reported in the above table under "Other financing" (refer to Note 8).Future MaturitiesThe annual future maturities of our short-term and long-term debt, including capitalized leases and excluding deferred financing fees, are as follows (in millions):Payment DueAmount2025$36.4 202637.2 2027409.1 202812.2 2029945.2 Thereafter2,224.0 

NOTE 13 - POST-EMPLOYMENT PLANS 

Defined Contribution PlansWe have a qualified profit-sharing and investment plan under Section 401(k) of the IRS, which covers substantially all U.S. employees. Our contributions to the plan include an annual nondiscretionary contribution of 3% of an employee's eligible compensation and a discretionary contribution at the option of the Board of Directors. Additionally, we match a portion of employees' contributions. We also have a defined contribution plan that covers our Ireland employees. We contribute up to 18% of each participating employee’s annual eligible salary on a monthly basis. We assumed a number of defined contribution plans associated with the Omega acquisition and we pay contributions to the pension insurance plans. Our contributions to all of the plans were as follows (in millions):      Year EndedDecember 31, 2024December 31, 2023December 31, 2022$32.8 $30.2 $29.8     Pension and Post-Retirement Healthcare Benefit PlansWe have a number of defined benefit plans for employees based in Europe. These plans are managed externally and the related pension costs and liabilities are assessed at least annually in accordance with the advice of a qualified professional actuary. We used a December 31, 2024 measurement date and all plan assets and liabilities are reported as of that date.We provide certain healthcare benefits to eligible U.S. employees and their dependents who meet certain age and