Company: ROK
Filing Date: 2025-11-12
Form Type: 10-K
Source: 0001024478-25-000116
Chunk: 338

Company: ROCKWELL AUTOMATION, INC
Filing Date: 2025-11-12
Form: 10-K
Item: Item 8
Chunk 338
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 will decrease to 7.53% in 2026 and decrease to 4.97% in 2027 for U.S. Plans and will not change in future periods for Non-U.S. Plans.Estimated Future PaymentsWe expect to contribute $23 million related to our global pension plans and $6 million to our postretirement benefit plans in 2026.The following benefit payments, which include employees’ expected future service, as applicable, are expected to be paid (in millions):Pension BenefitsOtherPostretirement Benefits2026$305 $6 2027239 6 2028231 5 2029234 5 2030236 4 2031-20351,114 15 

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Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

Plan AssetsIn determining the expected long-term rate of return on assets assumption, we consider actual returns on plan assets over the long term, adjusted for forward-looking considerations, such as inflation, interest rates, equity performance, and the active management of the plan’s invested assets. We also considered our current and expected mix of plan assets in setting this assumption. This resulted in the selection of the weighted average long-term rate of return on assets assumption. Our global weighted average targeted and actual asset allocations at September 30, by asset category, are: TargetSeptember 30,Asset CategoryAllocations20252024Equity securities39%45%48%Debt securities50%46%46%Other11%9%6%The investment objective for pension funds related to our defined benefit plans is to meet the plan’s benefit obligations, while maximizing the long-term growth of assets without undue risk. We strive to achieve this objective by investing plan assets within target allocation ranges and diversification within asset categories. Target allocation ranges are guidelines that are adjusted periodically based on ongoing monitoring by plan fiduciaries. Investment risk is controlled by rebalancing to target allocations on a periodic basis and ongoing monitoring of investment manager performance relative to the investment guidelines established for each manager.As of September 30, 2025 and 2024, our pension plans do not directly own our common stock.In certain countries where we operate, there are no legal requirements or financial incentives provided to companies to pre-fund pension obligations. In these instances, we typically make benefit payments directly from cash as they become due, rather than by creating a separate pension fund.The valuation methodologies used for our pension plans’ investments measured at fair value are described as follows