v3.25.4
Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Schedule of Allocation of Plan Assets
The following tables summarize the fair values of the Rabbi Trust investment assets to fund CWC’s SERP by major categories as of December 31, 2025 and 2024:

  
Fair Value Measurements at December 31, 2025
Asset CategoryTotalQuoted
Prices in
Active
Markets for
Identical
Assets
(Level 1)		Significant
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Money market funds$354 354 — — 
Mutual funds1,844 1,844 — — 
Fixed income593 593 — — 
Total$2,791 2,791 — — 
  
Fair Value Measurements at December 31, 2024
Asset CategoryTotalQuoted
Prices in
Active
Markets for
Identical
Assets
(Level 1)		Significant
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Money market funds$28 28 — — 
Mutual funds2,062 2,062 — — 
Fixed income722 722 — — 
Total$2,812 2,812 — — 
Plan assets as of December 31 were as follows:
 Pension Benefits
Other Postretirement Benefits
 2025202420252024
Fair value of assets at end of year:
Debt securities$169,758 116,987 $8,656 5,368 
52 %38 %36 %23 %
Equity securities146,967 179,103 15,716 16,737 
45 %58 %63 %72 %
Cash and equivalents6,727 11,857 536 1,120 
2 %4 %2 %5 %
Total$323,452 307,947 $24,908 23,225 
The following tables summarize the fair values of plan assets by major categories as of December 31, 2025 and 2024:
  
Fair Value Measurements at December 31, 2025
Asset CategoryTotalQuoted
Prices in
Active
Markets for
Identical
Assets
(Level 1)		Significant
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Cash and cash equivalents$7,263 7,263 — — 
Equity securities (a)162,683 162,683 — — 
Fixed Income (b)178,414 171,622 6,792 — 
Total$348,360 341,568 6,792 — 
___________________________________
(a)Actively managed portfolio of equity securities with the goal to exceed the benchmark performance.
(b)Actively managed portfolio of fixed income securities with the goal to exceed the benchmark performance.
  
Fair Value Measurements at December 31, 2024
Asset CategoryTotalQuoted
Prices in
Active
Markets for
Identical
Assets
(Level 1)		Significant
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Cash and cash equivalents$12,977 12,977 — — 
Equity securities195,840 195,840 — — 
Fixed Income122,355 46,549 75,806 — 
Total$331,172 255,366 75,806 — 
Schedule of Assumptions Used
Net periodic cost for the defined benefit plans and other postretirement benefits was calculated using the following assumptions:
 Pension Benefits
Other Postretirement Benefits
 202520242023202520242023
%%%%%%
Discount rate
5.55 - 5.63
4.99 - 5.03
4.95 - 5.24
5.48 - 5.58
4.95 - 5.01
4.96 - 5.21
Expected return on plan assets
6.50, 6.75
6.25, 6.75
6.00, 6.75
4.20, 6.50
4.20, 6.25
4.20, 6.00
Rate of compensation increase
4.50, 5.00
4.50, 5.00
4.50, 5.00
N/AN/AN/A
Benefit obligations for the defined benefit plans and other postretirement benefits were calculated using the following assumptions as of December 31:
 Pension Benefits
Other Postretirement Benefits
 2025202420252024
 %%%%
Discount rate
5.35 - 5.54
5.55 - 5.63
5.11 - 5.43
5.48 - 5.58
Rate of compensation increase
4.50 - 5.00
4.50 - 5.00
N/AN/A
Schedule of Net Benefit Costs
Net periodic costs for the defined benefit plans and other postretirement benefits for the years ended December 31 were as follows:
 Pension Benefits
Other Postretirement Benefits
 202520242023202520242023
Components of net periodic benefit cost
Service cost$6,571 6,662 7,569 $624 665 638 
Interest cost15,600 14,451 14,234 1,351 1,181 1,268 
Expected return on assets(19,777)(17,852)(15,440)(1,179)(1,068)(860)
Amortization of prior service cost15 15 15 — — — 
Amortization of actuarial (gain) loss
(1,801)(71)2,210 (856)(643)(350)
Recognition of significant event— — — — — — 
Net periodic benefit cost$608 3,205 8,588 $(60)135 696 
Schedule of Net Funded Status The projected benefit obligations and the funded status of the defined benefit pension and other postretirement plans as of December 31 were as follows:
 Pension Benefits
Other Postretirement Benefits
 2025202420252024
Change in benefit obligation
Benefit obligation at beginning of year$287,044 297,834 $25,080 24,264 
Service cost6,571 6,662 624 665 
Interest cost15,600 14,451 1,351 1,181 
Actuarial loss (gain)
4,860 (14,816)(2,332)(146)
Implicit rate subsidy— — (109)(336)
Plan participants contributions— — 149 183 
Administrative expenses paid(101)(146)— — 
Benefits paid and settlements(20,832)(16,941)(1,042)(731)
Benefit obligation at end of year$293,142 287,044 $23,721 25,080 
Change in plan assets
Fair value of assets at beginning of year$307,947 285,504 $23,225 21,207 
Actual return on plan assets30,763 31,523 2,562 2,879 
Employer contributions5,675 8,007 7 7 
Plan participants contributions— — 149 183 
Administrative expenses paid(101)(146)(48)(71)
Benefits paid and settlements(20,832)(16,941)(987)(980)
Fair value of plan assets at end of year323,452 307,947 24,908 23,225 
Funded status at end of year$30,310 20,903 $1,187 (1,855)
Schedule of Amounts Recognized in Balance Sheet
The amounts recognized on the balance sheet as of December 31 were as follows:
 Pension Benefits
Other Postretirement Benefits
 2025202420252024
Noncurrent assets$73,954 61,231 $7,013 5,191 
Current liabilities(2,958)(2,308)(129)(146)
Noncurrent liabilities(40,686)(38,020)(5,697)(6,900)
$30,310 20,903 $1,187 (1,855)
Schedule of Accumulated and Projected Benefit Obligations
The following table provides selected information about plans with projected benefit obligation and accumulated benefit obligation in excess of plan assets as of December 31:
20252024
Pension Benefits:
Plans with projected benefit obligation in excess of plan assets:
Projected benefit obligation
$43,644 40,328 
Fair value of plan assets
— — 
Plans with accumulated benefit obligation in excess of plan assets:
Accumulated benefit obligation
40,890 38,053 
Fair value of plan assets
— — 
Other Postretirement Benefits:
Plans with accumulated benefit obligation in excess of plan assets:
Accumulated benefit obligation
15,874 16,891 
Fair value of plan assets
10,047 9,844 
Schedule of Expected Benefit Payments
Benefits expected to be paid in the next five years and in the aggregate for the five years thereafter are:
Pension Plans
Other Postretirement
Benefit Plans
2026$19,103 $1,578 
202720,009 1,659 
202820,148 1,667 
202920,855 1,675 
203021,449 1,693 
2031 - 2035
116,122 9,023