SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) - EBP 001 |
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Dec. 31, 2025 | |||||||||||||||||||||||||
| EBP, Accounting Policy [Line Items] | |||||||||||||||||||||||||
| BASIS OF PRESENTATION | BASIS OF PRESENTATION The financial statements of the Plan are prepared on the accrual basis of accounting.
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| USE OF ESTIMATES | USE OF ESTIMATES The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.
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| FAIR VALUE MEASUREMENTS | FAIR VALUE MEASUREMENTS ASC 820, "Fair Value Measurement," 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. ASC 820 also establishes a three-level fair value hierarchy that prioritizes information used in developing assumptions when pricing an asset or liability as follows:
ASC 820 requires the use of observable market data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement.
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| SAVINGS AND INVESTMENT MASTER TRUST | SAVINGS AND INVESTMENT MASTER TRUST All investments of the Plan are included under a master trust arrangement ("the Master Trust"). Fidelity is the trustee of the Master Trust. All investments of the Master Trust are stated at fair market value. Investment income or loss of the Master Trust is allocated among the participating plans daily based on the plans' relative equity interests in each of the Master Trust's investment programs as of the beginning of the applicable day. Interest income and share price appreciation or depreciation are recorded daily by each of the applicable investment programs. Dividend income is recorded either quarterly or semi-annually, depending on the investment program.
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| DATE OF MANAGEMENT'S REVIEW | DATE OF MANAGEMENT'S REVIEW Management has evaluated subsequent events through June 17, 2026, the date the financial statements were issued.
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