v3.25.1
Retirement and Postretirement Plans (Tables)
3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
Summary of Components of Net Periodic Benefit Cost (Credit) for Plans

The following tables provide the components of net periodic benefit cost (credit) for Nexstar’s pension benefit plans (in millions):

 

 

Pension Benefit Plans

 

 

OPEB

 

 

 

Three Months Ended March 31,

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Interest cost

 

$

19

 

 

$

19

 

 

$

-

 

 

$

-

 

Expected return on plan assets

 

 

(26

)

 

 

(25

)

 

 

-

 

 

 

-

 

Amortization of net gain

 

 

(1

)

 

 

(1

)

 

 

-

 

 

 

-

 

Net periodic benefit credit

 

$

(8

)

 

$

(7

)

 

$

-

 

 

$

-