Pension Plans (Tables)

3 Months Ended

Mar. 31, 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   March 31
(in thousands)	2026		2025
Service cost	$	11,580	$	12,192
Interest cost	8,695		6,421
Expected return on assets	(44,280)		(41,971)
Amortization of prior service credit	(496)		(519)
Net Periodic Benefit	(24,501)		(23,877)
Special separation benefit expense	4,100		624
Total Benefit	$	(20,401)	$	(23,253)

Schedule of Allocation of Plan Assets

The assets of the Company’s pension plans were allocated as follows:

	As of
	March 31, 2026		December 31, 2025
U.S. equities	63	%	63	%
Private investment funds	18	%	17	%
International equities	15	%	16	%
U.S. fixed income	4	%	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   March 31
(in thousands)	2026		2025
Service cost	$	289	$	239
Interest cost	1,155		1,197
Net Periodic Cost	$	1,444	$	1,436