| Schedule of Plan's Assets Subject to Recurring Fair Value Measurements |
The Plan’s assets subject to recurring fair value measurements at December 31, 2025 are as follows:
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Fair Value |
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Hierarchy |
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Measured at |
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Level 1 |
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NAV |
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Total |
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Financial instruments, at fair value: |
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U.S. money market fund |
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$ |
143,004 |
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$ |
143,004 |
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Commingled trust funds: |
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U.S. |
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$ |
878,739,310 |
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878,739,310 |
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International |
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49,719,740 |
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49,719,740 |
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U.S. mutual funds: |
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Equity |
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58,118,174 |
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58,118,174 |
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Fixed income |
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31,024,906 |
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31,024,906 |
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Asset allocation |
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629,996,106 |
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629,996,106 |
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PACCAR Inc common stock |
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1,327,806,802 |
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1,327,806,802 |
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$ |
2,047,088,992 |
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$ |
928,459,050 |
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$ |
2,975,548,042 |
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4. Fair Value of Financial Instruments (continued) The Plan’s assets subject to recurring fair value measurements at December 31, 2024 are as follows:
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Fair Value |
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Hierarchy |
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Measured at |
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Level 1 |
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NAV |
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Total |
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Financial instruments, at fair value: |
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U.S. money market fund |
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$ |
563,134 |
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$ |
563,134 |
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Commingled trust funds: |
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U.S. |
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$ |
806,333,673 |
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806,333,673 |
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International |
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32,997,272 |
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32,997,272 |
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U.S. mutual funds: |
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Equity |
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62,723,278 |
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62,723,278 |
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Fixed income |
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30,068,706 |
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30,068,706 |
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Asset allocation |
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528,892,484 |
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528,892,484 |
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PACCAR Inc common stock |
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1,331,364,750 |
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1,331,364,750 |
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$ |
1,953,612,352 |
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$ |
839,330,945 |
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$ |
2,792,943,297 |
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