Commitments and Contingent Liabilities

6 Months Ended

Jun. 30, 2026

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingent Liabilities

Note 10 – Commitments and Contingent Liabilities

As of June 30, 2026:

•Outstanding standby and commercial letters of credit and bank guarantees equaled $11,023, the majority of which serves as collateral for the IRB debt,

•Outstanding surety bonds approximated $3,490 (SEK 33,900), which guarantee certain pension commitments of certain of the Corporation’s foreign subsidiaries under a credit insurance arrangement, and

•Outstanding Corporate guarantees approximated $1,647 (SEK 16,000), which guarantee certain obligations of one of the Corporation's foreign subsidiaries with its local banking partner.

At June 30, 2026, commitments for future capital expenditures approximated $7,200, which is expected to be spent over the next 12-18 months.

See Note 12 for derivative instruments, Note 15 for litigation and Note 16 for environmental matters.