v3.26.3
Pension Plans (Tables)
9 Months Ended
Sep. 30, 2026
Defined Benefit Pension Plan [Member]  
Schedule of Net Benefit Costs The total benefit arising from the Company’s defined benefit pension plans consists of the following components:
  Three Months Ended 
 September 30
Nine Months Ended 
 September 30
(in thousands)2026202520262025
Service cost$12,379 $11,772 $35,881 $35,663 
Interest cost8,145 8,012 24,437 21,389 
Expected return on assets(44,409)(41,915)(133,227)(125,767)
Amortization of prior service credit(496)(520)(1,489)(1,560)
Net Periodic Benefit(24,381)(22,651)(74,398)(70,275)
Settlement(14,950)— (151,905)— 
Early retirement and separation program costs3,201 2,546 11,138 9,185 
Total Benefit$(36,130)$(20,105)$(215,165)$(61,090)
Schedule of Allocation of Plan Assets The assets of the Company’s pension plans were allocated as follows:
  As of
  September 30,
2026
December 31,
2025
  
U.S. equities62 %63 %
Private investment funds18 %17 %
International equities17 %16 %
U.S. fixed income3 %4 %
  100 %100 %
Supplemental Executive Retirement Plan (SERP) [Member]  
Schedule of Net Benefit Costs
The total cost arising from the Company’s Supplemental Executive Retirement Plan (SERP) consists of the following components:
  Three Months Ended 
 September 30
Nine Months Ended 
 September 30
(in thousands)2026202520262025
Service cost$289 $239 $868 $716 
Interest cost1,154 1,198 3,464 3,592 
Net Periodic Cost$1,443 $1,437 $4,332 $4,308