Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

Schedule of Total Government Assistance Recognized

The following table presents the total government assistance recognized during the year ended December 31, 2025 (in millions of dollars):

Grantor	Grant	Amount		Duration	Classification
Indiana Economic Development Corporation	IN EDGE Tax Credit	$	1.7	2021 - 2030	Cost of products sold, excluding depreciation and amortization
Total		$	1.7

Estimated Useful Lives of Property, Plant and Equipment

Depreciation is computed using the straight-line method over estimated useful lives. Depreciable finance lease assets and leasehold improvements are amortized on a straight-line basis over the shorter of the estimated useful lives of the assets or the lease term. Depreciation expense is included in Depreciation and amortization within our Statements of Consolidated Income. The estimated useful lives are as follows:

	Range (in years)
Land improvements	1-25
Buildings and leasehold improvements	2-45
Machinery and equipment	1-22
Depreciable finance lease assets	2-120