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Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2024
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, 2024 and 2023:

  
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 — — 
  
Fair Value Measurements at December 31, 2023
Asset CategoryTotalQuoted
Prices in
Active
Markets for
Identical
Assets
(Level 1)
Significant
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Money market funds$71 71 — — 
Mutual funds2,053 2,053 — — 
Fixed income709 709 — — 
Total$2,833 2,833 — — 
Plan assets as of December 31 were as follows:
 Pension Benefits
Other Postretirement Benefits
 2024202320242023
Fair value of assets at end of year:
Debt securities$116,987 101,498 $5,368 5,596 
38 %36 %23 %26 %
Equity securities179,103 174,155 16,737 14,424 
58 %61 %72 %68 %
Cash and equivalents11,857 9,851 1,120 1,187 
%%%%
Total$307,947 285,504 $23,225 21,207 
The following tables summarize the fair values of plan assets by major categories as of December 31, 2024 and 2023:
  
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 securities (a)195,840 195,840 — — 
Fixed Income (b)122,355 46,549 75,806 — 
Total$331,172 255,366 75,806 — 
___________________________________
(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, 2023
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$11,038 11,038 — — 
Equity securities188,579 188,579 — — 
Fixed Income107,094 39,048 68,046 — 
Total$306,711 238,665 68,046 — 
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
 202420232022202420232022
%%%%%%
Discount rate
4.99 - 5.03
4.95 - 5.24
2.65 - 2.82
4.95 - 5.01
4.96 - 5.21
2.61 - 2.76
Expected return on plan assets
6.25, 6.75
6.00, 6.75
6.50, 6.75
4.20, 6.25
4.20, 6.00
4.20, 6.00
Rate of compensation increase
4.50, 5.00
4.50, 5.00
4.00, 4.50
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
 2024202320242023
 %%%%
Discount rate
5.55 - 5.63
4.99 - 5.03
5.48 - 5.58
4.95 - 5.01
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 was as follows:
 Pension Benefits
Other Postretirement Benefits
 202420232022202420232022
Components of net periodic benefit cost
Service cost$6,662 7,569 9,359 $665 638 1,032 
Interest cost14,451 14,234 10,708 1,181 1,268 883 
Expected return on assets(17,852)(15,440)(18,841)(1,068)(860)(1,047)
Amortization of prior service cost15 15 17 — — — 
Amortization of actuarial (gain) loss
(71)2,210 4,620 (643)(350)(115)
Recognition of significant event— — (1,595)— — — 
Net periodic benefit cost$3,205 8,588 4,268 $135 696 753 
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
 2024202320242023
Change in benefit obligation
Benefit obligation at beginning of year$297,834 289,123 $24,264 25,830 
Service cost6,662 7,569 665 638 
Interest cost14,451 14,234 1,181 1,268 
Actuarial loss (gain)
(14,816)5,794 (146)(2,645)
Implicit rate subsidy— — (336)(237)
Plan participants contributions— — 183 179 
Administrative expenses paid(146)(137)— — 
Benefits paid and settlements(16,941)(18,749)(731)(769)
Benefit obligation at end of year$287,044 297,834 $25,080 24,264 
Change in plan assets
Fair value of assets at beginning of year$285,504 251,960 $21,207 17,952 
Actual return on plan assets31,523 41,285 2,879 3,136 
Employer contributions8,007 11,145 920 
Plan participants contributions— — 183 179 
Administrative expenses paid(146)(137)(71)(67)
Benefits paid and settlements(16,941)(18,749)(980)(913)
Fair value of plan assets at end of year307,947 285,504 23,225 21,207 
Funded status at end of year$20,903 (12,330)$(1,855)(3,057)
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
 2024202320242023
Noncurrent assets$61,231 30,671 $5,191 3,123 
Current liabilities(2,308)(2,365)(146)(113)
Noncurrent liabilities(38,020)(40,636)(6,900)(6,067)
$20,903 (12,330)$(1,855)(3,057)
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:
20242023
Pension Benefits:
Plans with projected benefit obligation in excess of plan assets:
Projected benefit obligation
$40,328 $43,001 
Fair value of plan assets
— — 
Plans with accumulated benefit obligation in excess of plan assets:
Accumulated benefit obligation
38,053 39,652 
Fair value of plan assets
— — 
Other Postretirement Benefits:
Plans with accumulated benefit obligation in excess of plan assets:
Accumulated benefit obligation
16,891 15,580 
Fair value of plan assets
9,844 9,401 
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
2025$17,730 $1,765 
202623,536 1,840 
202719,615 1,910 
202819,526 1,874 
202920,233 1,841 
2030 - 2034109,784 9,656