v3.26.1
Investments
12 Months Ended
Dec. 31, 2025
EBP 007 [Member]  
EBP, Investment, Fair Value and NAV [Line Items]  
EBP, Investment, Fair Value and NAV [Text Block]

6. INVESTMENTS

 

Fair value of Master Trust Investment and Plan’s share by hierarchy level

 

 

Master Trust Investment Assets at Fair Value as of December 31, 2025

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Plan's Share

Nutrien common stock

79,728,623

 

 

 

79,728,623

 

2,868,792

Short-term funds

1,774,299

 

 

 

1,774,299

 

511,134

Investment assets at fair value

81,502,922

 

 

 

81,502,922

 

3,379,926

Investments measured at NAV - Common Collective Trusts1

 

 

 

 

 

 

2,382,536,917

 

58,661,337

Investments measured at NAV - Stable Value Funds1

 

 

 

 

 

 

59,960,783

 

3,345,439

Total

 

 

 

 

 

 

2,524,000,622

 

65,386,702

 

 

Master Trust Investment Assets at Fair Value as of December 31, 2024

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Plan's Share

Nutrien common stock

64,436,901

 

 

 

64,436,901

 

2,141,486

Short-term funds

1,334,548

 

 

 

1,334,548

 

315,467

Investment assets at fair value

65,771,449

 

 

 

65,771,449

 

2,456,953

Investments measured at NAV - Common Collective Trusts1

 

 

 

 

 

 

2,034,852,861

 

48,885,262

Investments measured at NAV - Stable Value Funds1

 

 

 

 

 

 

70,881,598

 

3,766,000

Total

 

 

 

 

 

 

2,171,505,908

 

55,108,215

1  In accordance with GAAP, investments measured at NAV as a practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented are intended to permit reconciliation to the amount presented in the statements of net assets available for benefits. Investments measured at NAV include common collective trusts and stable value funds. The Common Collective Trust balance includes immaterial investments in registered investment companies.

 

Change in fair value levels

 

The availability of observable market data is monitored to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or model-based valuation techniques may require transfer of financial instruments from one fair value level to another. In such instances, the transfer is reported at the end of the reporting period.

 

Plan management evaluated the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total net assets available for plan benefits. For the years ended December 31, 2025 and 2024, there were no significant transfers in or out of levels 1, 2 or 3.

 

The classification of investment earnings reported in the statement of changes in net assets available for benefits may differ from the classification of earnings on Form 5500 due to different reporting requirements on Form 5500