Annual report of employee stock purchase, savings and similar plans

Fair Value Measurements (Tables)

v3.26.1
Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2025
EBP 003  
EBP, Investment, Fair Value and NAV [Line Items]  
Schedule of Assets at Fair Value and Net Asset Value
The following table sets forth by level, within the fair value hierarchy, the Plan's assets at fair value as of December 31, 2025.

 Assets at Fair Value Classified as Level 1 Investments Measured at Net Asset Value Total
Assets
Company common stock $ 366,081,670  $ —  $ 366,081,670 
Mutual funds 729,844,190  —  729,844,190 
Self-directed brokerage accounts 3,438,555,654  —  3,438,555,654 
Collective trust funds —  22,738,904,423  22,738,904,423 
Total investments, at fair value $ 4,534,481,514  $ 22,738,904,423  $ 27,273,385,937 

The following table sets forth by level, within the fair value hierarchy, the Plan's assets at fair value as of December 31, 2024.
Assets at Fair Value Classified as Level 1 Investments Measured at Net Asset Value Total
Assets
Company common stock $ 224,220,871  $ —  $ 224,220,871 
Mutual funds 736,060,100  —  736,060,100 
Self-directed brokerage accounts 2,997,158,611  —  2,997,158,611 
Collective trust funds —  20,670,879,318  20,670,879,318 
Total investments, at fair value $ 3,957,439,582  $ 20,670,879,318  $ 24,628,318,900 
The following table summarizes investments held by the Plan measured at fair valued based on net asset value per share as of December 31, 2025 and 2024, respectively.
2025 2024 Redemption Period Redemption Notice
Collective trust funds $ 22,738,904,423  $ 20,670,879,318  Daily
0 - 5 days