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Fair value measurement (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Pension Plan Assets by Level within Fair Value Hierarchy

The below fair value tables relate to our TRP pension plan assets (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair value measurements as of Dec. 31, 2024

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

81

 

 

$

 

 

$

 

 

$

81

 

Pension plan investments valued using net asset value as a practical expedient:

 

 

 

 

 

 

 

 

 

 

 

 

Common collective trust - equities

 

 

 

 

 

 

 

 

 

 

 

68,146

 

Common collective trust - fixed income

 

 

 

 

 

 

 

 

 

 

 

269,665

 

Partnership/joint venture interests

 

 

 

 

 

 

 

 

 

 

 

10

 

Total fair value of plan assets

 

 

 

 

 

 

 

 

 

 

$

337,902

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair value measurements as of Dec. 31, 2023

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

87

 

 

$

 

 

$

 

 

$

87

 

Pension plan investments valued using net asset value as a practical expedient:

 

 

 

 

 

 

 

 

 

 

 

 

Common collective trust - equities

 

 

 

 

 

 

 

 

 

 

 

67,314

 

Common collective trust - fixed income

 

 

 

 

 

 

 

 

 

 

 

318,594

 

Partnership/joint venture interests

 

 

 

 

 

 

 

 

 

 

 

113

 

Total fair value of plan assets

 

 

 

 

 

 

 

 

 

 

$

386,108