v3.26.3
Employee Retirement Benefits
 9 Months Ended
Sep. 30, 2026
Retirement Benefits [Abstract]  
Employee Retirement Benefits Employee Retirement Benefits
The following summarizes the components of net periodic benefit for our qualified and supplemental pension plans:
(Dollars in millions)Three months ended September 30,Nine months ended September 30,
2026202520262025
Service cost$1 $2 $3 $4 
Non-service (benefit) costs:
Interest cost3 3 10 10 
Expected return on plan assets(5)(6)(17)(17)
Amortization of actuarial gain and prior service cost(1)— (3)(2)
 Total non-service benefit (3)(3)(10)(9)
Net periodic benefit$(2)$(1)$(7)$(5)

See our 2025 Annual Report on Form 10-K, Item 8, Note 13, Employee Retirement Benefits, Page 163, for information on our retirement benefits. The net periodic benefit is allocated in the same proportion primarily to the underwriting, acquisition and insurance expenses line item with the remainder allocated to the insurance losses and contract holders' benefits line item on the condensed consolidated statements of income for both 2026 and 2025.

We made matching contributions totaling $7 million to our 401(k) and Top Hat savings plans during the third quarter of both 2026 and 2025 and contributions of $24 million and $26 million for the first nine months of 2026 and 2025, respectively.
We made no contributions to our qualified pension plan during the first nine months of 2026.