v3.26.1
Retirement Plans and Other Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Schedule of Net Periodic Benefit Costs and the Portion of these Costs Charged to Expense
The following table provides detail of the plans’ net periodic benefit costs and the portion of these costs charged to expense (including administrative costs and excluding amounts capitalized as overhead construction or billed to electric plant participants) (dollars in thousands):
Pension PlansOther Benefits Plans
Three Months Ended June 30,Six Months Ended June 30,Three Months Ended June 30,Six Months Ended June 30,
20262025202620252026202520262025
Service cost-benefits earned during the period$11,684 $11,127 $23,783 $22,076 $2,140 $2,059 $4,377 $4,041 
Non-service costs (credits):
Interest cost on benefit obligation37,292 38,584 74,904 77,560 4,931 5,070 9,910 10,172 
Expected return on plan assets(44,365)(44,849)(88,461)(89,396)(12,719)(12,142)(25,438)(24,284)
Amortization of:
Prior service cost (credit)151 — 302 — — — — (1,265)
Net actuarial loss (gain)
10,443 11,248 21,596 23,366 (2,746)(2,965)(5,446)(5,864)
Net periodic benefit costs (credits)
$15,205 $16,110 $32,124 $33,606 $(8,394)$(7,978)$(16,597)$(17,200)
Portion of costs (credits) charged to expense
$8,262 $9,365 $17,780 $19,826 $(6,644)$(6,399)$(13,153)$(13,272)