v3.25.2
Defined Benefit Pension Plan
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Defined Benefit Pension Plan Defined Benefit Pension Plan
Net periodic pension income and benefits paid during the quarter ended June 30, 2025 and 2024 were immaterial.
Assumptions
A weighted-average discount rate of 5.24% was used to determine benefit obligations as of June 30, 2025.
The following weighted-average assumptions were used to determine net periodic pension cost:
Quarter Ended June 30,Year-to-Date June 30,
2025202420252024
Discount rate5.26%5.03%5.39%4.86%
Expected long-term rate of return on pension plan assets5.00%6.00%5.00%6.00%
Refer to Note 12 for additional information regarding fair value measurements of the Company's investments.