Company: BWNB
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001630805-25-000007
Chunk: 82

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 8
Chunk 82
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52,926 52,087 — 839 Investments measured at fair value$493,008 $147,536 $42,967 $302,505 Investments measured at net asset value143,084 Pending trades(79)Total pension and other postretirement benefit assets$636,013 (in thousands)Year ended December 31, 2023Level 1Level 2Level 3Commingled and mutual funds$11,168 $— $11,168 $— United States government securities106,232 106,232 — — Fixed income65,821 10,689 36,305 18,827 Equity13,472 13,090 — 382 Private credit235,198 — — 235,198 Private equity4,176 — — 4,176 Hedge fund85,363 — — 85,363 Cash and accrued items43,634 43,634 — — Investments measured at fair value$565,064 $173,645 $47,473 $343,946 Investments measured at net asset value165,689 Pending trades(153)Total pension and other postretirement benefit assets$730,600 

89

Expected cash flowsDomestic PlansForeign Plans(in thousands)PensionBenefitsOtherBenefitsPensionBenefitsOtherBenefitsExpected employer contributions to trusts of defined benefit plans:2025$19,831 $702 $305 $121 Expected benefit payments (1):202572,271 702 2,622 121 202671,250 644 2,712 115 202769,941 588 2,730 102 202868,538 534 2,779 86 202966,887 482 2,797 78 2030-2034306,077 1,737 14,324 308 (1) Pension benefit payments are made from their respective plan's trust.We made contributions to our pension and other postretirement benefit plans totaling $12.5 million and $2.4 million during the years ended December 31, 2024 and 2023, respectively.Additionally, during the third quarter of 2024, we were granted a waiver of required minimum contributions to the U.S. Plan by the PBGC, which was subject to us providing acceptable collateral to the