v3.26.1
Postretirement Benefits (Tables)
 6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Schedule of Pension Assets by Component at Fair Value The following table presents the assets of the Company's Pension Plans at June 30, 2026 and December 31, 2025.
Pension Assets by Component at June 30, 2026

Fair Value Determined by:
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
Significant
Observable
Inputs (Level 2)
Significant
Unobservable
Inputs (Level 3)
Total
Amount
% of
Total
Exchange traded fund(4)
$53,013 $— $— $53,013 7 
Equity exchange traded fund(1)
368,599 — — 368,599 52 
U.S. Government and Agency— 182,724 — 182,724 26 
Other bonds— 2 — 2 — 
Guaranteed annuity contract(2)
— 46,539 — 46,539 7 
Short-term investments7,403 — — 7,403 1 
Other1,035 — — 1,035 — 
$430,050 $229,265 $— 659,315 93 
Other long-term investments(3)
50,062 7 
Total pension assets
$709,377 100 
(1)A fund including marketable securities that mirror the S&P 500 index.
(2)Representing a guaranteed annuity contract issued by Globe Life Inc.'s subsidiary, American Income Life Insurance Company, to fund the obligations of the American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan.
(3)Includes non-redeemable investment funds that report the Globe Life Inc. Pension Plan's pro-rata share of the limited partnership's net asset value (NAV) per share, or its equivalent, as a practical expedient for fair value. As of June 30, 2026, the Globe Life Inc. Pension Plan owned less than 1% of three long-term investment funds.
(4)A fund including U.S. dollar-denominated investment-grade securities issued by industrial, utility, and financial companies with maturities greater than 10 years.
Pension Assets by Component at December 31, 2025
Fair Value Determined by:

Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
Significant
Observable
Inputs (Level 2)
Significant
Unobservable
Inputs (Level 3)
Total
Amount
% of
Total
Exchange traded fund(4)
$53,437 $— $— $53,437 8 
Equity exchange traded fund(1)
344,409 — — 344,409 50 
U.S. Government and Agency— 180,974 — 180,974 26 
Other bonds— 3 — 3 — 
Guaranteed annuity contract(2)
— 46,341 — 46,341 7 
Short-term investments6,957 — — 6,957 1 
Other3,747 — — 3,747 1 
$408,550 $227,318 $— 635,868 93 
Other long-term investments(3)
48,411 7 
Total pension assets
$684,279 100 
(1)A fund including marketable securities that mirror the S&P 500 index.
(2)Representing a guaranteed annuity contract issued by Globe Life Inc.'s subsidiary, American Income Life Insurance Company, to fund the obligations of the American Income Life Insurance Company Collective Bargaining Agreement Employees Pension Plan.
(3)Includes non-redeemable investment funds that report the Globe Life Inc. Pension Plan's pro-rata share of the limited partnership's net asset value (NAV) per share, or its equivalent, as a practical expedient for fair value. As of December 31, 2025, the Globe Life Inc. Pension Plan owned less than 1% of two long-term investment funds.
(4)A fund including U.S. dollar-denominated investment-grade securities issued by industrial, utility, and financial companies with maturities greater than 10 years.
Schedule of Information Regarding the SERP The following table presents investments of the Rabbi Trust at June 30, 2026 and December 31, 2025.
June 30,
2026		December 31,
2025
Total investments:
COLI
$59,154 $59,008 
Exchange traded funds118,504 111,470 
$177,658 $170,478 
Schedule of Pension Liability The following table presents liabilities for the defined benefit pension plans and SERP at June 30, 2026 and December 31, 2025.
June 30,
2026		December 31,
2025
Pension Plans$630,920 $597,695 
SERP79,778 79,093 
Benefit obligation
$710,698 $676,788 
Components of Net Periodic Pension Costs and Post-Retirement Benefit Costs The following table presents the net periodic benefit costs for the defined benefit pension plans and SERP by expense components for the three and six month periods ended June 30, 2026 and 2025.
Components of Net Periodic Benefit Cost
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Service cost—benefits earned during the period$6,834 $6,243 $13,671 $12,485 
Interest cost on projected benefit obligation9,612 9,024 19,223 18,049 
Expected return on assets(12,339)(11,563)(24,677)(23,126)
Amortization:
Prior service cost253 292 505 584 
Actuarial (gain) loss— — — — 
Net periodic benefit cost
$4,360 $3,996 $8,722 $7,992