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Annual report [Section 13 and 15(d), not S-K Item 405]

Other Income, Net (Tables)

v3.25.4
Other Income, Net (Tables)
12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]
Schedule of Other Income, Net
Other income, net for the years ended December 31, 2025, 2024, and 2023 was as follows (in thousands):

Years Ended December 31,
2025 2024 2023
Other income, net:
Interest earned on cash and cash equivalents, net $ 17,970 $ 32,140 $ 28,630
Curtailment gain (1)
3,864
Realized gain on pension settlement (1)
752
Other employee pension costs 873 575 514
Miscellaneous other income (expense), net (2)
15 2,352 2,364
Total other income, net $ 18,858 $ 39,683 $ 31,508
(1)See Note 9, “Pension and Other Postretirement Benefits” for discussion of curtailment gain and realized gain on pension settlement.
(2)For the year ended December 31, 2024, miscellaneous income (expense), net includes $1.9 million of proceeds from a settlement with a title company regarding a defect in title to property acquired in a prior year. For the year ended December 31, 2023, miscellaneous other income (expense), net includes $1.4 million of interest and damages resulting from an arbitration settlement with an operator.