| EBP, Reconciliation of Financial Statement to Form 5500 |
| | | | | | | | | | | | | | | | The following is a reconciliation of net assets available for plan benefits per the financial statements to the Form 5500: | | | December 31, | (THOUSANDS OF DOLLARS) | | 2025 | | 2024 | | Net assets available for plan benefits per the financial statements | | $ | 24,197,074 | | | $ | 22,067,627 | | | Adjustment of T. Rowe Price Stable Value Fund from contract value to fair value | | (42,289) | | | (85,505) | | | Amounts allocated to withdrawing participants | | (2,970) | | | (5,360) | | | Deemed distributions | | (3,465) | | | (3,682) | | | Net assets available for plan benefits per Form 5500 | | $ | 24,148,350 | | | $ | 21,973,080 | |
| | | | | | | | | | | The following is a reconciliation of benefits paid, including rollovers, to participants per the financial statements to the Form 5500: | | (THOUSANDS OF DOLLARS) | | Year Ended December 31, 2025 | | | Benefits paid to participants, including rollovers, per the financial statements | | $ | 2,551,092 | | | Amounts allocated to withdrawing participants and deemed distributions at end of year | | 6,435 | | | Amounts allocated to withdrawing participants and deemed distributions at beginning of year | | (9,042) | | | | Benefits paid to participants, including rollovers, per Form 5500 | | $ | 2,548,485 | | |
| | | | | | | | | | The following is a reconciliation of net appreciation in investments per the financial statements to the Form 5500: | | (THOUSANDS OF DOLLARS) | | Year Ended December 31, 2025 | | Net appreciation in investments per the financial statements | | $ | 3,274,729 | | | Adjustment of T. Rowe Price Stable Value Fund from contract value to fair value at end of year | | (42,289) | | | Adjustment of T. Rowe Price Stable Value Fund from contract value to fair value at beginning of year | | 85,505 | | | Net appreciation in investments per Form 5500 | | $ | 3,317,945 | | |
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