v3.26.1
Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2025
EBP 016  
EBP, Investment, Fair Value and NAV [Line Items]  
EBP, Investment, Fair Value and NAV
The following tables set forth by level, within the fair value hierarchy, a summary of the Plan's investments measured at fair value as of December 31, 2025 and 2024. As of December 31, 2025 and 2024, approximately 88% of the assets, are held in collective funds and are measured using NAV as a practical expedient. Accordingly, such assets do not meet the Level 1, Level 2 or Level 3 criteria of the fair value hierarchy.
December 31
2025		Fair Value Measurements
Level 1Level 2NAV
(Thousands of dollars)
Cash and cash equivalents$83,787 $77,687 $— $6,100 
Kimberly-Clark Corporation stock125,975 125,975 — — 
SDBA 443,750 441,026 2,724 — 
Common collective trusts4,779,382 — — 4,779,382 
Total Investments at Fair Value$5,432,894 $644,688 $2,724 $4,785,482 
December 31
2024		Fair Value Measurements
Level 1Level 2NAV
(Thousands of dollars)
Cash and cash equivalents$79,546 $74,554 $— $4,992 
Kimberly-Clark Corporation stock162,609 162,609 — — 
SDBA 391,559 388,846 2,713 — 
Common collective trusts4,244,339 — — 4,244,339 
Total Investments at Fair Value$4,878,053 $626,009 $2,713 $4,249,331 
The following table for December 31, 2025 and 2024, sets forth a summary of the Plan's investments with a reported NAV.
Fair Value Estimated Using NAV per Share
Investment
December 31 2025 Fair Value (a)
December 31 2024 Fair Value (a)
Unfunded CommitmentRedemption FrequencyOther Redemption RestrictionsRedemption Notice Period
(Thousands of dollars)
Short-term investment funds (b)
$6,100 $4,992 $— DailyNoneDaily
Fixed income funds (c)
820,553 791,150 — DailyNoneDaily
Multi-asset class funds (d)
899,731 742,636 — DailyNoneDaily
Equity index funds (e)
3,059,098 2,710,553 — DailyNoneDaily
(a)    The fair values of the investments have been estimated using the NAV of the investment.
(b)    Short-term investment fund strategies seek to invest in high-quality, short-term securities which are included in cash and cash equivalents.
(c)    The fixed income fund strategy seeks to replicate the Barclays Bloomberg U.S. Aggregate Bond Index or provide capital preservation and income.
(d)    Multi-asset class funds are target date funds that seek to provide a diversified asset allocation consistent with the participants' current stage of life.
(e)    Equity index fund strategies seek to replicate the return of an index of a specific financial market, such as the Russell 1000 Index or Russell 2000 Index.