Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2022

Retirement Benefits [Abstract]

Schedule of Participation in MEPPs

The Company’s participation in MEPPs for the year ended December 31, 2022, is outlined in the table below.

FIP/RP

PPA Zone Status(1)

Status

Contributions

More

Expiration

Plan

December 31

Pending/

(in millions)

Than

Surcharge

Date of

Pension Fund

EIN/PN

Year-End

2022

2021

2020

Implement

2022(3)

2021(3)

2020(3)

5%(2)

Imposed

CBA

National Automatic Sprinkler Industry Pension Fund

52-6054620-001

12/31/2021

Green

Green

Red

No

30

26

25

Yes

No

3/31/2025

Twin City Pipe Trades Pension Plan

41-6131800-001

4/30/2022

Green

Green

Green

No

10

9

6

Yes

No

4/30/2024

Sheet Metal Workers' National Pension Fund

52-6112463-001

12/31/2021

Yellow

Yellow

Yellow

Yes

6

6

5

No

No

5/31/2023

Asbestos Workers Local 2 Pension Fund

23-6030054-001

12/31/2021

Green

Green

Green

No

4

6

1

Yes

No

7/31/2025

Boilermaker-Blacksmith National Pension Trust

48-6168020-001

12/31/2021

Yellow

Yellow

Yellow

Yes

5

6

5

No

No

6/30/2023

National Electrical Benefit Fund

53-0181657-001

12/31/2021

Green

Green

Green

No

8

6

7

No

No

6/30/2024

Heavy And General Laborers Local Unions 472 And 172 Of New Jersey Pension Fund

22-6032103-001

3/31/2023

Green

Green

Green

No

5

6

6

No

No

2/29/2024

Plumbers And Pipefitters National Pension Fund

52-6152779-001

6/30/2021

Yellow

Yellow

Yellow

Yes

4

4

3

No

No

6/1/2024

Central Pension Fund Of The IUOE & Participating Employers

36-6052390-001

1/31/2022

Green

Green

Green

No

3

3

3

No

No

5/31/2023

Sheet Metal Workers' Local 10 Pension Fund

41-1562581-001

12/31/2021

Green

Green

Green

No

3

3

2

Yes

No

4/30/2024

Minnesota Laborers Pension Fund

41-6159599-001

12/31/2020

Green

Green

Green

No

2

2

2

No

No

4/30/2023

Building Trades United Pension Trust Fund Milwaukee And Vicinity

51-6049409-001

5/31/2021

Green

Green

Green

No

2

2

3

No

No

5/31/2023

Total other

17

16

17

Total

$

99

$

95

$

85

(1)The zone status represents the most recent available information for the respective MEPP, which may be 2021 or earlier for the 2022 year and 2020 or earlier for the 2021 year.

(2)This information was obtained from the respective plan’s Form 5500 (Forms) for the most current available filing. These dates may not correspond with the Company’s fiscal year contributions. The above-noted percentages of contributions are based upon disclosures contained in the plans’ Forms. Those Forms, among other things, disclose the names of individual participating employers whose annual contributions account for more than 5% of the aggregate annual amount contributed by all participating employers for a plan year. Accordingly, if the annual contribution of two or more of the Company’s subsidiaries each accounted for less than 5% of such contributions, but in the aggregate accounted for in excess of 5% of such contributions, that greater percentage is not available and accordingly is not disclosed.

(3)2022, 2021, and 2020 periods represent the years ended December 31, 2022, 2021, and 2020.