v3.26.1
Summary of Significant Accounting Policies (Tables) - Stock Purchase and Savings Program
12 Months Ended
Dec. 31, 2025
Summary of Significant Accounting Policies  
Schedule of net assets of the trust and the plan's interest in the trust

December 31, 2025

 

  ​ ​ ​

Trust Balances

  ​ ​ ​

Plan’s Interest in Trust Balances

 

Common/collective trust funds

$

473,782,200

$

259,247,865

Mutual funds

 

84,669,014

 

52,785,339

Common stock

 

70,228,611

 

31,885,140

Pooled separate account

 

54,870,075

 

22,231,359

Self-directed brokerage account

 

18,747,583

 

12,574,073

Total net assets

$

702,297,483

$

378,723,776

Plan’s interest as a percentage of the Trust

 

  ​

 

54

%

December 31, 2024

 

  ​ ​ ​

Trust Balances

  ​ ​ ​

Plan’s Interest in Trust Balances

 

Common/collective trust funds

$

310,519,972

$

171,024,331

Mutual funds

 

141,302,167

 

94,172,471

Non-interest bearing cash

 

86,015,483

 

51,450,391

Pooled separate account

 

66,187,003

 

27,850,835

Common stock

 

51,125,863

 

23,504,701

Self-directed brokerage account

 

11,221,885

 

8,222,765

Total net assets

$

666,372,373

$

376,225,494

Plan’s interest as a percentage of the Trust

 

  ​

 

56

%

Schedule of investment income of the trust

Year Ended December 31,

  ​ ​ ​

2025

  ​ ​ ​

2024

Interest and dividends

$

9,944,398

$

7,046,512

Net appreciation in fair value of investments

 

92,895,121

 

46,586,715

Total investment income

$

102,839,519

$

53,633,227

Plan’s interest in investment income of the Trust

$

55,391,357

$

37,625,146