Kimberly-Clark Corp., Dallas, plans to contribute up to $100 million to its worldwide defined benefit plans this year, spokesman Bob Brand said.
The company contributed between $100 million and $200 million to the plans in 2014. Mr. Brand could not provide additional information on the company’s 2014 contributions.
Worldwide defined benefit plan assets were $5.57 billion as of Dec. 31, 2013, while projected benefit obligations were $6.16 billion, for a 90% funding ratio, according to the company’s most recent 10-K filing.
The company had $3.75 billion in U.S. defined benefit assets, and an asset allocation of 68% domestic fixed income, 28% global equity and 4% cash as of Sept. 30, according to Pensions & Investments data.