v3.26.1
Net Asset Value Per Share
 12 Months Ended
Dec. 31, 2025
EBP 006 [Member] | Fair Value Measured at Net Asset Value Per Share [Member]  
EBP, Investment, Fair Value and NAV [Line Items]  
Net Asset Value Per Share
5.
NET ASSET VALUE PER SHARE
The following table for December 31, 2025 and 2024, sets forth a summary of the Plan’s investments with a reported NAV using the practical expedient.
 
   
Fair Value Estimated Using NAV per Share
Investment
  
December 31
2025 Fair Value

(a)
    
December 31
2024 Fair Value

(a)
    
Unfunded
Commitment
    
Redemption
Frequency
  
Other
Redemption
Restrictions
  
Redemption Notice Period
Asset allocation fund
(b)
   $ 798,105     $ 706,878     $ —      Daily   None   Daily
Intermediate-Term Bond
(c)
     89,345       81,948       —      Daily   None   Daily
Multiple Investment Trust
(d)
     215,872       208,681       —      Daily   None   Daily
Mid-Cap
Value Equity Trust
(e)
     1,153,058       1,103,870       —      Daily   None   Daily
International Large Blend Trust
(f)
     380,712       329,063       —      Daily   None   Daily
Small-Cap
Value Equity Trust
(g)
     25,987       30,919       —      Daily   None   Daily
Large-Cap
Value Equity Trust
(h)
     137,065       120,014       —      Daily   None   Daily
 
(a)
 
The fair values of the investments have been estimated using the NAV of the investment.
(b)
 
The asset allocation fund uses a strategy designed for investors expecting to retire around the year indicated in each fund’s name, with the allocation changing on an annual basis, becoming more conservative as the Fund nears the target retirement date. The funds invest in a combination of equity, fixed income and short-term JPMorgan Chase Bank, N.A Commingled Pension Trust Funds and/or funds maintained by unaffiliated banks and trust companies, which includes vehicles with lower levels of active risk.
(c)
Intermediate-term bond funds aim to generate excess return from
top-down
sector allocation and
bottom-up
subsector/security selection. Duration and yield curve are tactically managed.
(d)
 
Multiple investment trust is a combination of funds including large cap growth equity trust, mid cap value equity trust, small cap value equity trust, value yield equity trust, global growth equity trust and real estate securities trust.
(e)
 
Mid-cap value equity trust invests its assets in a majority of equity securities of medium-sized companies.
(f)
 
International Large Blend Trust measures the investment return of stocks issued by companies located in developed and emerging markets, excluding the United States.
(g)
 
Small-cap
value equity trust invests its assets in a majority of equity securities of
small-sized
companies.
(h)
 
Large-cap
value equity trust invests its assets in a majority of equity securities of large, well-established companies.