v3.25.1
Defined Benefit Pension Plan
3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
Defined Benefit Pension Plan Defined Benefit Pension Plan
Net periodic pension income and benefits paid during the quarter ended March 31, 2025 and 2024 were immaterial.
Assumptions
A weighted-average discount rate of 5.26% was used to determine benefit obligations as of March 31, 2025.
The following weighted-average assumptions were used to determine net periodic pension cost:
Quarter Ended March 31,
20252024
Discount rate5.39 %4.73 %
Expected long-term rate of return on pension plan assets5.00 %6.00 %
Refer to Note 12 for additional information regarding fair value measurements of the Company's investments.