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But most big companies are not ready to give up on their health care obligations.
But consider the federal situation — excluding, as with the state numbers, health care obligations.
And the $72 trillion in unfunded future retirement and health care obligations to our own citizens.
Longer-term debt, combined with the state's pension and health care obligations, could be more than 10 times that amount.
The steel business was unattractive to buyers, he said, in part because of the large health care obligations.
Ford's liabilities total just over $52 billion, including debt, an underfunded pension plan and unfunded health care obligations.
Similar(9)
Health-care obligations were voided.
It must also reduce its debt and health-care obligations.
Moody's Investors Service downgraded San Francisco's debt rating in November, citing the enormous retiree health-care obligations, among other factors.
America's state and local governments are struggling to meet pension and health-care obligations to their retired workers.
In other industries, like steel, private-equity firms have restructured companies, cut back on (or, via bankruptcy, eliminated) pension and health-care obligations, and watched profits soar.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com