Company: AWK
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001410636-25-000083
Chunk: 42

Company: American Water Works Company, Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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 of the secured seller note is December 9, 2026.The secured seller note may not be repaid at the Buyer’s election (except in certain limited circumstances) before the fourth anniversary of the Closing Date. If the Buyer seeks to repay the secured seller note in breach of this non-call provision, an event of default will occur under the secured seller note and the Company may, among other actions, demand repayment in full together with a premium of 105.5% of the outstanding principal amount of the loan and a customary “make-whole” payment.

Note 6: Shareholders’ EquityAccumulated Other Comprehensive LossPresented in the table below are the changes in accumulated other comprehensive loss by component, net of tax, for the three months ended March 31, 2025 and 2024, respectively: Defined Benefit Pension PlansGain (Loss) on Cash Flow HedgesGain (Loss) on Fixed-Income SecuritiesAccumulated Other Comprehensive Income (Loss) Employee Benefit Plan Funded StatusAmortization of Prior Service CostAmortization of Actuarial LossBalance as of December 31, 2024$(95)$1 $74 $30 $2 $12 Other comprehensive income (loss) before reclassifications— — — (8)2 (6)Amounts reclassified from accumulated other comprehensive income (loss)— — — — (4)(4)Net other comprehensive loss— — — (8)(2)(10)Balance as of March 31, 2025$(95)$1 $74 $22 $— $2 Balance as of December 31, 2023$(96)$1 $74 $(9)$4 $(26)Other comprehensive income (loss) before reclassifications— — — 19 (1)18 Net other comprehensive income (loss)— — — 19 (1)18 Balance as of March 31, 2024$(96)$1 $74 $10 $3 $(8)The Company does not reclassify the amortization of defined benefit pension cost components from accumulated other comprehensive income (loss) directly to net income in its entirety, as a portion of these costs have been deferred as a regulatory asset. These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension cost.The amortization of the gain (loss) on cash flow