Company: ROK
Filing Date: 2025-11-12
Form Type: 10-K
Source: 0001024478-25-000116
Chunk: 110

Company: ROCKWELL AUTOMATION, INC
Filing Date: 2025-11-12
Form: 10-K
Item: Item 4
Chunk 110
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 respectively.Information regarding our pension plans with projected benefit obligations in excess of the fair value of plan assets (underfunded plans) are as follows (in millions):20252024Projected benefit obligation$2,185 $2,303 Fair value of plan assets1,842 1,821 Information regarding our pension plans with accumulated benefit obligations in excess of the fair value of plan assets (underfunded plans) are as follows (in millions):20252024Accumulated benefit obligation$274 $2,136 Fair value of plan assets9 1,809 Significant assumptions used in determining the benefit obligations were (in weighted averages):Pension BenefitsOther Postretirement Benefits 2025202420252024U.S. Plans    Discount rate5.35 %5.10 %5.07 %4.91 %Compensation increase rate3.50 %3.60 %— — Health care cost trend rate (1)— — 7.53 %14.35 %Non-U.S. Plans Discount rate4.07 %3.87 %4.45 %4.45 %Compensation increase rate2.85 %3.22 %— — Health care cost trend rate (1)— — 4.50 %4.50 %(1) The health care cost trend rate reflects the estimated increase in gross medical claims costs. As a result of the plan amendment adopted effective October 1, 2002, our effective per person retiree medical cost increase is zero percent beginning in 2005 for the majority of our postretirement benefit plans. For our other plans, we assume the gross health care cost trend rate 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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