| EBP, Investment, Fair Value and NAV |
The following tables present information about the Plan's investments measured at fair value on a recurring basis: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | | December 31, 2025 | | Level 1 | | Level 2 | | Level 3 | | Not
subject to leveling (1) | | Mutual funds | | $ | 294,494 | | | $ | 294,494 | | | $ | — | | | $ | — | | | $ | — | | | Common collective trusts | | 11,049,701 | | | — | | | — | | | — | | | 11,049,701 | | | Other investments | | 1,383 | | | — | | | — | | | — | | | 1,383 | | | Common stock | | 209,325 | | | 209,325 | | | — | | | — | | | — | | | Total investments at fair value | | $ | 11,554,903 | | | $ | 503,819 | | | $ | — | | | $ | — | | | $ | 11,051,084 | | (1) Investments measured at the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | | December 31, 2024 | | Level 1 | | Level 2 | | Level 3 | | Not
subject to leveling (1) | | Mutual funds | | $ | 319,296 | | | $ | 319,296 | | | $ | — | | | $ | — | | | $ | — | | | Common collective trusts | | 9,612,682 | | | — | | | — | | | — | | | 9,612,682 | | | Other investments | | 2,695 | | | — | | | — | | | — | | | 2,695 | | | Common stock | | 210,353 | | | 210,353 | | | — | | | — | | | — | | | Total investments at fair value | | $ | 10,145,026 | | | $ | 529,649 | | | $ | — | | | $ | — | | | $ | 9,615,377 | | (1) Investments measured at the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. |
The following table presents information about the Plan's investments measured at the net asset value per share (or its equivalent) practical expedient: | | | | | | | | | | | | | | | | | | | | | | | Fair value as of December 31, | | Redemption | | (In thousands) | | 2025 | | 2024 | | Notice Period (b) | | Asset Category (a) | | | | | | | | Asset allocation funds | | $ | 7,855,056 | | | $ | 6,904,581 | | | 1 day notice for participant withdrawals
0-30 days for Plan withdrawals | | Equity funds | | 2,577,504 | | | 2,154,351 | | | 0-1 day notice for participant withdrawals
0-30 days for Plan withdrawals | | Fixed income funds | | 278,473 | | | 217,512 | | | 1 day notice for participant withdrawals
0-30 days for Plan withdrawals | | Guaranteed investment contract fund | | 338,668 | | | 336,238 | | | 1 day notice for participant withdrawals
12 months for Plan withdrawals | | Stable value investment funds | | 1,383 | | | 2,695 | | | 1 day notice for participant withdrawals
12 months or over a multiple-year in tranches for Plan withdrawals | | | $ | 11,051,084 | | | $ | 9,615,377 | | | | (a) There were no unfunded commitments at December 31, 2025 and 2024. | | (b) Redemption frequency is daily for all asset categories. |
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