v3.26.1
INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2025
EBP 310  
EBP, Master Trust [Line Items]  
Schedule of Master Trust Net Assets
The net assets of the DC Master Trust and the Plan's interest in the DC Master Trust were as follows ($ in thousands):
As of December 31, 2025
Master Trust BalancesPlan's Interest in Master Trust Balances
Assets:
At fair value:
Short-term investment funds$21,639 $1,167 
HII common stock274,356 5,307 
Collective trust funds5,820,851 444,067 
Schwab Personal Choice Retirement Account451,237 — 
Total investments at fair value6,568,083 450,541 
At contract value:
Synthetic guaranteed investment contracts671,822 36,756 
Total investments at contract value671,822 36,756 
Receivables:
Pending receivable40,687 — 
Accrued balance421 421 
41,108 421 
Total assets7,281,013 487,718 
Liabilities:
Accrued expenses749 — 
Total liabilities749 — 
Net assets$7,280,264 $487,718 
As of December 31, 2024
Master Trust BalancesPlan's Interest in Master Trust Balances
Assets:
At fair value:
Short-term investment funds$21,658 $1,207 
HII common stock181,010 4,400 
Collective trust funds5,040,576 396,848 
Schwab Personal Choice Retirement Account401,646 — 
Total investments at fair value5,644,890 402,455 
At contract value:
Synthetic guaranteed investment contracts687,944 38,882 
Total investments at contract value687,944 38,882 
Receivables:
Pending receivable37,618 — 
Accrued balance382 382 
38,000 382 
Total assets6,370,834 441,719 
Liabilities:
Accrued expenses497 — 
Total liabilities497 — 
Net assets$6,370,337 $441,719 
Investment income (loss) for the DC Master Trust for the year ended December 31, 2025, was as follows ($ in thousands):
Investment income:
Net appreciation in fair value of investments$1,086,929 
Dividends13,646 
Interest24,075 
Administrative and investment expenses(8,819)
Total investment income$1,115,831 
Investments held in the Stable Value Fund as of December 31, 2025 and 2024, were as follows ($ in thousands):
20252024
Synthetic guaranteed investment contracts - at contract value$671,822 $687,944 
Short-term investment fund - at fair value21,173 21,124 
Total$692,995 $709,068