
	December 31, 2025				December 31, 2024
	Master Trust		Plan’s Interest		Master Trust		Plan’s Interest
	($ in thousands)

NS stock	$	561,661	$	307,637	$	488,748	$	274,002
Money market fund	582		319		2,003		1,124
Total investments at fair value	562,243		307,956		490,751		275,126

Due from brokers for securities sold	35		19		159		89
Due to brokers for securities purchased	(34)		(19)		(48)		(27)

Net assets	$	562,244	$	307,956	$	490,862	$	275,188


	Year ended
	December 31,
	2025
	($ in thousands)

Net appreciation in fair value of investments	$	110,179
Dividends and interest	10,866

Net investment gain	121,045

Net deductions	(49,663)

Increase in net assets	$	71,382

Plan’s increase in net assets	$	32,768

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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+ Details

- Definition

Tabular disclosure of master trust arrangement in which employee stock purchase, saving, or similar plan (employee benefit plan (EBP)) participates.

+ References + Details