| Schedule of Master Trust Net Assets |
The following table presents net assets held in the Master Trust and the Plan's interest in the Master Trust, including fair value of investments held in the Master Trust: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, | | | 2025 | | 2024 | | | Plan's Interest in Master Trust Balances | | Master Trust Balances | | Plan's Interest in Master Trust Balances | | Master Trust Balances | | Assets | | | | | | | | | Investments at fair value as determined by quoted market price (Level 1): | | | | | | | | | | | | | | | | | | Common Stock Funds | | $ | 12,760,945 | | | $ | 518,328,741 | | | $ | 7,984,158 | | | $ | 389,204,925 | | | | | | | | | | | Investments at fair value as determined by quoted market price (Level 2): | | | | | | | | | | Other Separate Accounts | | 163,393,419 | | | 7,157,773,604 | | | 136,977,546 | | | 6,690,931,218 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total investments in Master Trust | | $ | 176,154,364 | | | $ | 7,676,102,345 | | | $ | 144,961,704 | | | $ | 7,080,136,143 | |
The following table presents changes in net assets held in the Master Trust for the year ended December 31, 2025:
| | | | | | | | | | | | | | | | | | | Additions | | | | Additions to net assets attributed to: | | | | Net appreciation in fair value of investments: | | | | Common Stock Funds | | $ | 187,523,857 | | | Other Separate Accounts | | 991,344,233 | | | | 1,178,868,090 | | | Contributions: | | | | Participants | | 281,423,300 | | | Employer | | 180,863,810 | | | Participant loan repayments | | 39,750,622 | | | | 502,037,732 | | | | | | Interest and dividends | | 6,830,986 | | | Total additions | | 1,687,736,808 | | | | | | Deductions | | | | Deductions from net assets attributed to: | | | | | | | | | | Participant withdrawals | | 844,238,445 | | | Participant loan withdrawals | | 42,093,630 | | | Administrative expenses | | 4,296,939 | | | Total deductions | | 890,629,014 | | | | | | Transfers to other plans, net | | (201,141,592) | | | | | | Net increase in net assets available for benefits | | 595,966,202 | | | | | | Net assets available for benefits, beginning of year | | 7,080,136,143 | | | Net assets available for benefits, end of year | | $ | 7,676,102,345 | |
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| Schedule of Master Trust Investments Assets at Fair Value |
The following table sets forth by level, within the fair value hierarchy, the Master Trust investment assets at fair value as of December 31, 2025 and 2024: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Investments at Fair Value as of | | | December 31, 2025 | | | Level 1 | | Level 2 | | Level 3 | | Total | | Common Stock Funds | | $ | 518,328,741 | | | $ | — | | | $ | — | | | $ | 518,328,741 | | | Other Separate Accounts | | — | | | 7,157,773,604 | | | — | | | 7,157,773,604 | | | Total investments at fair value | | $ | 518,328,741 | | | $ | 7,157,773,604 | | | $ | — | | | $ | 7,676,102,345 | | | | | | | | | | | | | | | | | | | | | | Investments at Fair Value as of | | | December 31, 2024 | | | Level 1 | | Level 2 | | Level 3 | | Total | | Common Stock Funds | | $ | 389,204,925 | | | $ | — | | | $ | — | | | $ | 389,204,925 | | | Other Separate Accounts | | — | | | 6,690,931,218 | | | — | | | 6,690,931,218 | | | Total investments at fair value | | $ | 389,204,925 | | | $ | 6,690,931,218 | | | $ | — | | | $ | 7,080,136,143 | |
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