The following table presents the investments of the pension plans measured at fair value at June 30, 2018: In addition to the investments in the above table, the pension plans also held cash and cash equivalents of $13.2 million as of June 30, 2018, which have been classified as Level 1 in the fair value hierarchy. During fiscal 2019, the Company contributed $10.0 million to the pension plans. The Company expects to contribute $9.3 million to the pension plans during fiscal 2020. The benefits expected to be paid in each year from fiscal 2020 to the year ended June 30, 2024 are $134.9 million, $87.8 million, $95.9 million, $103.7 million, and $112.4 million, respectively. The aggregate benefits expected to be paid in the five fiscal years from the year ended June 30, 2025 to the year ended June 30, 2029 are $707.3 million. The expected benefits to be paid are based on the same assumptions used to measure the Company's pension plans' benefit obligations at June 30, 2019 and includes estimated future employee service. C. Retirement and Savings Plan.  The Company has a 401(k) retirement and savings plan, which allows eligible employees to contribute up to 50% of their compensation annually and allows highly compensated employees to contribute up to 12% of their compensation annually. The Company matches a portion of employee contributions, which amounted to approximately $110.9 million, $100.6 million, and $87.9 million for the calendar years ended December 31, 2018, 2017, and 2016, respectively. Earnings before income taxes shown below are based on the geographic location to which such earnings are attributable. Level 1 Level 2 Level 3 Total Commingled trusts $ — $ 1,036.7 $ — $ 1,036.7 U.S. government securities — 507.7 — 507.7 Mutual funds 5.5 — — 5.5 Corporate and municipal bonds — 586.8 — 586.8 Mortgage-backed security bonds — 28.2 — 28.2 Total pension asset investments $ 5.5 $ 2,159.4 $ — $ 2,164.9 Contributions Estimated Future Benefit Payments NOTE 13. INCOME TAXES Years ended June 30, 2019 2018 2017 Earnings before income taxes: United States $ 2,584.6 $ 1,937.2 $ 2,305.8 Foreign 421.0 345.4 311.1 $ 3,005.6 $ 2,282.6 $ 2,616.9 77