v3.26.1
Fair Value Measurements
 12 Months Ended
Dec. 31, 2025
EBP 033  
EBP, Investment, Fair Value and NAV [Line Items]  
Fair Value Measurements FAIR VALUE MEASUREMENTS
    Accounting Policy. The Plan follows fair value guidance (ASC 820) that defines fair value, establishes a framework for measuring fair value and requires certain disclosures about fair value measurements. The guidance defines fair value as "the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date." Further, it defines a fair value hierarchy, as follows: Level 1 inputs as quoted prices in active markets for identical assets or liabilities; Level 2 inputs as observable inputs other than Level 1 prices, such as quoted market prices for similar assets or liabilities or other inputs that are observable or can be corroborated by market data; and Level 3 inputs as unobservable inputs that are supported by little or no market activity and that are financial instruments whose value is determined using pricing models or instruments for which the determination of fair value requires significant management judgment or estimation.
C. FAIR VALUE MEASUREMENTS (Continued)
A description of the valuation methodologies used for assets measured at fair value is as follows:     
Collective trust funds: Valued based on Net Asset Value ("NAV") of units held in the collective trust, which is used as a practical expedient to estimate fair value as of December 31, 2025 and 2024. The value is determined by reference to the respective fund’s underlying assets, with the exception of the Plan’s stable value collective trust investment where the collective trust’s contract value NAV represents fair value since this is the amount at which the Plan transacts with the collective trust.    
Mutual funds: Valued at the daily closing price as reported by the fund. Mutual funds held by the Plan are open-end mutual funds that are registered with the Securities and Exchange Commission ("SEC"). These funds are required to publish their daily NAV and transact at that price. The mutual funds held by the Plan are deemed to be actively traded.
Stock fund: Valued at the closing price as reported on the active market on which the security is traded.
Self-directed brokerage account: Participant-directed investments that primarily include common stocks, mutual funds, certificates of deposit ("CDs"), and cash. Common stocks are valued at the closing price as reported on the active market on which the individual securities are traded. Mutual funds are valued at the daily closing price as reported by the fund. Mutual funds held by the Plan are open-end mutual funds that are registered with the SEC. These funds are required to publish their daily NAV and transact at that price. The mutual funds held by the Plan are deemed to be actively traded. CDs are valued at amortized cost, which approximates fair value.
    The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.
    The following tables set forth by level, within the fair value hierarchy, the Plan's assets at fair value as of December 31, 2025 and 2024.
Assets at Fair Value as of December 31, 2025
Level 1Level 2Level 3Measured at NAVTotal
Collective trust funds$— $— $— $1,570,045,160 $1,570,045,160 
Mutual funds141,835,067 — — — 141,835,067 
Stock fund27,272,518 — — — 27,272,518 
Self-directed brokerage account88,324,813 — — — 88,324,813 
Total assets at fair value$257,432,398 $— $— $1,570,045,160 $1,827,477,558 
Assets at Fair Value as of December 31, 2024
Level 1Level 2Level 3Measured at NAVTotal
Collective trust funds$— $— $— $1,406,314,045 $1,406,314,045 
Mutual funds141,977,358 — — — 141,977,358 
Stock fund33,852,567 — — — 33,852,567 
Self-directed brokerage account58,819,602 — — — 58,819,602 
Total assets at fair value$234,649,527 $— $— $1,406,314,045 $1,640,963,572 
C. FAIR VALUE MEASUREMENTS (Concluded)
    The following table summarizes investments measured at fair value using the NAV per share practical expedient as of December 31, 2025 and 2024. Were the Plan to initiate a full redemption of the collective trust funds, the investment adviser reserves the right to temporarily delay withdrawal from the trust in order to ensure the securities liquidations will be carried out in an orderly business manner.

Fair Value at December 31,
20252024Unfunded CommitmentsRedemption FrequencyRedemption Notice Period
Collective trust funds:
FIAM Small Capitalization Core Commingled Pool Class D$30,567,734 $28,464,955 NoneDaily30 days
Fidelity® Diversified International Commingled Pool38,388,521 31,903,802 NoneDaily30 days
Fidelity® Low-Priced Stock Commingled Pool30,988,309 31,158,488 NoneDaily30 days
FIAM Core Plus Commingled Pool Class J56,302,180 59,410,603 NoneDaily30 days
Spartan® 500 Index Pool Class D251,346,245 204,102,418 NoneDaily30 days
Spartan® Total International Index Pool Class D49,214,986 37,786,537 NoneDaily30 days
Fidelity Freedom® Blend Retirement Commingled Pool Class S4,134,070 4,098,981 NoneDaily30 days
Fidelity Freedom® Blend 2010 Commingled Pool Class S5,228,235 5,049,938 NoneDaily30 days
Fidelity Freedom® Blend 2015 Commingled Pool Class S8,037,875 8,318,918 NoneDaily30 days
Fidelity Freedom® Blend 2020 Commingled Pool Class S34,570,070 38,556,894 NoneDaily30 days
Fidelity Freedom® Blend 2025 Commingled Pool Class S77,846,836 85,784,508 NoneDaily30 days
Fidelity Freedom® Blend 2030 Commingled Pool Class S166,864,164 154,721,850 NoneDaily30 days
Fidelity Freedom® Blend 2035 Commingled Pool Class S144,678,715 124,841,919 NoneDaily30 days
Fidelity Freedom® Blend 2040 Commingled Pool Class S135,591,891 111,479,687 NoneDaily30 days
Fidelity Freedom® Blend 2045 Commingled Pool Class S124,117,773 99,543,696 NoneDaily30 days
Fidelity Freedom® Blend 2050 Commingled Pool Class S86,582,209 68,138,819 NoneDaily30 days
Fidelity Freedom® Blend 2055 Commingled Pool Class S57,414,280 45,722,946 NoneDaily30 days
Fidelity Freedom® Blend 2060 Commingled Pool Class S33,302,591 24,937,856 NoneDaily30 days
Fidelity Freedom® Blend 2065 Commingled Pool Class S13,266,043 8,351,582 NoneDaily30 days
Fidelity Freedom® Blend 2070 Commingled Pool Class S884,579 29,015 NoneDaily30 days
Harbor Capital Appreciation CIT Class R207,182,775 220,279,651 NoneDaily30 days
Managed Income Portfolio Class II13,535,079 13,630,982 NoneDaily12 months
$1,570,045,160 $1,406,314,045