Company: MWA
Filing Date: 2025-11-19
Form Type: 10-K
Source: 0001350593-25-000066
Chunk: 46

Company: Mueller Water Products, Inc.
Filing Date: 2025-11-19
Form: 10-K
Item: Item 8
Chunk 46
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2024Level 1Level 2Total (in millions)Fixed income$131.8 $49.8 $181.6 Equity:Large cap index funds39.1 — 39.1 International stocks:International funds38.9 — 38.9        Total equity78.0 — 78.0 Cash and cash equivalents1.8 — 1.8 Total Plan assets$211.6 $49.8 $261.4 Our estimated future pension benefit payments as of September 30, 2025 are presented below (in millions):2026$22.3 202722.0 202821.5 202920.9 203020.3 2031-203590.7 Total$197.7 Defined Contribution Retirement Plans.  Certain of our employees participate in a defined contribution 401(k) plan or similar plan outside of the United States.  We make matching contributions as a function of employee contributions. We expensed our matching contributions of $10.0 million, $9.1 million and $8.2 million during 2025, 2024 and 2023, respectively.

F- 27

Table of ContentsIndex to Financial Statements

Note 9.    Capital Stock 

Common stock share activity is presented below:Shares outstanding as of September 30, 2022155,844,138 Vesting of restricted stock units, net of shares withheld for taxes256,724 Exercise of stock options110,989 Exercise of employee stock purchase plan instruments181,483 Settlement of performance-based restricted stock units, net of shares withheld for taxes193,428 Stock repurchased under buyback program(714,830)Shares outstanding as of September 30, 2023155,871,932 Vesting of restricted stock units, net of shares withheld for taxes207,986 Exercise of stock options517,839 Exercise of employee stock purchase plan instruments129,356 Settlement of performance-based restricted stock units, net of shares withheld for taxes136,846 Stock repurchased under buyback program(636,789)Shares outstanding as of September 30, 2024156,227,170 Vesting of restricted stock units, net of shares withheld for taxes206,139 Exercise of stock options246,577 Exercise of employee stock purchase plan instruments92,590 Settlement of performance-based restricted stock units, net of