v3.26.1
Fair value measurements (Tables)
12 Months Ended
Dec. 31, 2025
EBP 010  
EBP, Investment, Fair Value and NAV [Line Items]  
EBP, Investment, Fair Value and NAV
A summary by level within the fair value hierarchy (as defined above) of the Plan’s investments measured at fair value on a recurring basis is as follows:
Level 1Level 2December 31, 2025
Registered investment companies$350,602,752 $— $350,602,752 
Company common stock fund— 21,634,975 21,634,975 
Total investments in fair value hierarchy
350,602,752 21,634,975 372,237,727 
Common collective trusts measured at net asset value (1)
— — 385,638,305 
Total investments, at fair value
$350,602,752 $21,634,975 $757,876,032 
Level 1Level 2December 31, 2024
Registered investment companies$322,899,889 $— $322,899,889 
Company common stock fund— 33,639,899 33,639,899 
Total investments in fair value hierarchy
322,899,889 33,639,899 356,539,788 
Common collective trusts measured at net asset value (1)
— — 334,344,077 
Total investments, at fair value
$322,899,889 $33,639,899 $690,883,865 
(1)    The common collective trusts are measured at the net asset value of units held at December 31, 2025 and December 31, 2024. In accordance with ASC 820, certain investments that are measured at fair value using the NAV per share practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in the above totals are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the statements of net assets available for benefits. Redemptions for common collective trusts are allowed daily without any restrictions or notice periods, and there are no unfunded commitments.