Kansas City: The family of a 10-year-old boy who was decapitated on a waterslide in Kansas City will receive almost $20 million ($A27 million) in settlement payments.
Caleb Schwab died in August last year while he was riding the Verrückt waterslide, which was touted as the world's tallest.
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Child killed in water park accident
A young boy is dead following an apparent accident on what is dubbed the world's tallest water slide at a popular water park in Kansas.
The slide at Schlitterbahn water park was 17 storeys, and got its name from the German word for insane, the Washington Post reported.
Three people were aboard the raft at the time of Caleb's death, with Caleb sitting in the front seat. Caleb suffered a "fatal neck injury" while two other women sustained facial injuries.
The newspaper reported that the civil settlement, which was reached in January, was with the "owners and operators of the park" as well as the raft manufacturer.
"The Schwab family remains determined to hold all those responsible for this tragedy accountable, while doing all they can to ensure this never happens again to another family," the family's attorneys said in a statement emailed to The Washington Post in January.
At that time, details of the settlement weren't available in records.
The Kansas City Star reported on Thursday that $US14 million of the payment to Caleb's family would come from SVV 1 and KC Water Park. The two companies are associated with Texas-based water park company Schlitterbahn.
The remainder of the money will come from the general contractor, the raft manufacturer and a company that consulted on the 17-story "Verruckt" waterslide that was dubbed the tallest in the world.
The waterslide at the park in Kansas City has remained closed since Caleb's death.