v3.26.1
Investments (Tables)
 12 Months Ended
Dec. 31, 2025
EBP, NGSP  
EBP, Master Trust [Line Items]  
EBP, Master Trust
The net assets of the DC Master Trust and the Plan's interest in Master Trust balances as of December 31, 2025 and 2024, are as follows:
Master Trust Balances
Plan's Interest in Master Trust Balances
$ in thousands2025202420252024
Assets
At fair value:
Cash equivalents and short-term investment fund$78,177 $93,059 $1,176 $1,379 
U.S. equities4,048,009 3,594,037 17,388 17,911 
Common/collective trust funds32,627,651 28,679,632 434,208 417,269 
Collateral held under securities lending agreements200,064 693,505 2,129 7,919 
Total investments at fair value36,953,901 33,060,233 454,901 444,478 
At contract value:
Synthetic guaranteed investment contracts3,052,155 3,161,481 46,984 48,669 
Total investments at contract value3,052,155 3,161,481 46,984 48,669 
Dividends, interest, taxes and other receivables213 284 3 3 
Total assets40,006,269 36,221,998 501,888 493,150 
Liabilities
Due to broker for securities purchased and other payables4,516 2,796 67 50 
Collateral held under securities lending agreements200,064 693,505 2,129 7,919 
Total liabilities204,580 696,301 2,196 7,969 
Net assets of the DC Master Trust$39,801,689 $35,525,697 $499,692 $485,181 
Net investment income for the DC Master Trust for the plan year ended December 31, 2025, is as follows:
$ in thousands2025
Investment income
Net appreciation in value of investments$5,867,005 
Interest95,113 
Dividends65,793 
Other income2,255 
Investment manager fees(3,597)
Net investment income$6,026,569