Company: BWXT
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001486957-25-000008
Chunk: 45

Company: BWX Technologies, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 45
---
,942 $875,691 $47,453 $45,616 Actual return on plan assets271 59,354 1,661 3,769 Plan participants' contributions156 137 121 218 Company contributions4,611 4,390 1,048 870 Settlements— — — — Foreign currency exchange rate changes(3,222)736 — — Benefits paid(62,605)(61,366)(2,777)(3,020)Fair value of plan assets at the end of period818,153 878,942 47,506 47,453 Funded status$(74,761)$(75,427)$4,430 $4,137 Amounts recognized in the balance sheet consist of:Prepaid postretirement benefit obligation$— $— $22,880 $23,915 Prepaid pension10,663 10,146 — — Accrued employee benefits(2,822)(2,787)(1,935)(1,312)Accumulated postretirement benefit obligation— — (16,515)(18,466)Pension liability(82,602)(82,786)— — Accrued benefit liability, net$(74,761)$(75,427)$4,430 $4,137 Amount recognized in accumulated comprehensive income (before taxes):Prior service cost (credit)$17,301 $19,287 $2,666 $2,711 Supplemental information:Plans with accumulated benefit obligation in excess of plan assets:Projected benefit obligation$872,933 $933,588 N/AN/AAccumulated benefit obligation$871,892 $906,593 $16,658 $17,747 Fair value of plan assets$787,514 $847,755 $107 $— Plans with plan assets in excess of accumulated benefit obligation:Projected benefit obligation$19,974 $20,781 N/AN/AAccumulated benefit obligation$19,974 $20,781 $26,418 $25,569 Fair value of plan assets$30,638 $31,187 $47,399 $47,453 

73

We record the service cost component of net periodic benefit cost within Operating income on our consolidated statements of income. For the years