| Schedule of Investment Income for Master Trust |
Investment income for the Master Trust was as follows (in thousands):
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Year Ended
December 31,
2025 |
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Investment income: |
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Net investment appreciation |
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$ |
914,202 |
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Interest and dividend income |
|
|
152,929 |
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Total |
|
$ |
1,067,131 |
|
Plan’s percentage of investment income from the Master Trust |
|
35 % |
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|
| Schedule of Total of Investments in Master Trust |
The following table presents the total of investments in the Master Trust (in thousands):
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December 31, 2025 |
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|
December 31, 2024 |
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Master Trust |
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Plan’s Investment |
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|
Master Trust |
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|
Plan’s Investment |
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Investments: |
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|
|
|
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Mutual Funds |
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$ |
1,568,564 |
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|
$ |
528,072 |
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|
$ |
1,427,910 |
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|
$ |
494,086 |
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Company Stock Fund |
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|
731,913 |
|
|
|
253,062 |
|
|
|
710,698 |
|
|
|
247,772 |
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Common / Collective Trusts |
|
|
5,004,869 |
|
|
|
1,754,708 |
|
|
|
4,331,428 |
|
|
|
1,535,828 |
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Total investments measured at fair value |
|
|
7,305,346 |
|
|
|
2,535,842 |
|
|
|
6,470,036 |
|
|
|
2,277,686 |
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Investments measured at contract value |
|
|
656,934 |
|
|
|
218,138 |
|
|
|
688,896 |
|
|
|
236,585 |
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Total |
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$ |
7,962,280 |
|
|
$ |
2,753,980 |
|
|
$ |
7,158,932 |
|
|
$ |
2,514,271 |
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Plan’s Percentage of Investment in Master Trust Net Assets |
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|
|
|
|
35 |
% |
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|
|
|
35 |
% |
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