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

Other Income, Net

v3.25.4
Other Income, Net
 12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract] 听
Other Income, Net Other Income, Net
Other income, net, includes interest earned on our cash balances, and other miscellaneous income (expense). Miscellaneous income (expense) includes insurance proceeds and gains and losses on disposals of capital assets.
Other income, net for the years ended December 31, 2025, 2024, and 2023 was as follows (in thousands):

Years Ended December 31,
听 2025 2024 2023
Other income, net:
Interest earned on cash and cash equivalents, net $ 17,970听 $ 32,140听 $ 28,630听
Curtailment gain (1)
鈥斕 3,864听 鈥斕
Realized gain on pension settlement (1)
鈥斕 752听 鈥斕
Other employee pension costs 873听 575听 514听
Miscellaneous other income (expense), net (2)
15听 2,352听 2,364听
Total other income, net $ 18,858听 $ 39,683听 $ 31,508听
(1)See Note 9, 鈥淧ension and Other Postretirement Benefits鈥 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.