v3.26.1
Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2025
EBP 002  
EBP, Investment, Fair Value and NAV [Line Items]  
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:

 

 

Fair Value

 

 

 

 

 

 

 

 

 

Hierarchy

 

 

Measured at

 

 

 

 

 

 

Level 1

 

 

NAV

 

 

Total

 

Financial instruments, at fair value:

 

 

 

 

 

 

 

 

 

U.S. money market fund

 

$

143,004

 

 

 

 

 

$

143,004

 

Commingled trust funds:

 

 

 

 

 

 

 

 

 

U.S.

 

 

 

 

$

878,739,310

 

 

 

878,739,310

 

International

 

 

 

 

 

49,719,740

 

 

 

49,719,740

 

U.S. mutual funds:

 

 

 

 

 

 

 

 

 

Equity

 

 

58,118,174

 

 

 

 

 

 

58,118,174

 

Fixed income

 

 

31,024,906

 

 

 

 

 

 

31,024,906

 

Asset allocation

 

 

629,996,106

 

 

 

 

 

 

629,996,106

 

PACCAR Inc common stock

 

 

1,327,806,802

 

 

 

 

 

 

1,327,806,802

 

 

$

2,047,088,992

 

 

$

928,459,050

 

 

$

2,975,548,042

 

 

4. Fair Value of Financial Instruments (continued)

The Plan’s assets subject to recurring fair value measurements at December 31, 2024 are as follows:

 

 

Fair Value

 

 

 

 

 

 

 

 

 

Hierarchy

 

 

Measured at

 

 

 

 

 

 

Level 1

 

 

NAV

 

 

Total

 

Financial instruments, at fair value:

 

 

 

 

 

 

 

 

 

U.S. money market fund

 

$

563,134

 

 

 

 

 

$

563,134

 

Commingled trust funds:

 

 

 

 

 

 

 

 

 

U.S.

 

 

 

 

$

806,333,673

 

 

 

806,333,673

 

International

 

 

 

 

 

32,997,272

 

 

 

32,997,272

 

U.S. mutual funds:

 

 

 

 

 

 

 

 

 

Equity

 

 

62,723,278

 

 

 

 

 

 

62,723,278

 

Fixed income

 

 

30,068,706

 

 

 

 

 

 

30,068,706

 

Asset allocation

 

 

528,892,484

 

 

 

 

 

 

528,892,484

 

PACCAR Inc common stock

 

 

1,331,364,750

 

 

 

 

 

 

1,331,364,750

 

 

$

1,953,612,352

 

 

$

839,330,945

 

 

$

2,792,943,297