HUNTINGTON INGALLS INDUSTRIES, INC.
For the period ended Jun 30, 2026. Filed Jul 30, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 30, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Employee Pension and Other Postretirement Benefits
- EMPLOYEE PENSION AND OTHER POSTRETIREMENT BENEFITS
The Company provides eligible employees defined benefit pension plans, defined contribution benefit plans, and other postretirement benefit plans.
The costs of the Company's defined benefit pension plans and other postretirement benefit plans for each of the three and six months ended June 30, 2026 and 2025, were as follows:
| Three Months Ended June 30 · Six Months Ended June 30 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Pension Benefits | Other Benefits | Pension Benefits | Other Benefits | |||||
| ($ in millions) | 2026 | 2025 | 2026 | 2025 | 2026 | 2025 | 2026 | 2025 |
| Components of net periodic benefit cost | ||||||||
| Service cost | $22 | $21 | $1 | $1 | $43 | $43 | $2 | $2 |
| Interest cost | 84 | 84 | 4 | 5 | 169 | 168 | 8 | 9 |
| Expected return on plan assets | (143) | (137) | — | — | (287) | (274) | — | — |
| Amortization of prior service cost (credit) | 4 | 4 | — | — | 8 | 8 | — | — |
| Amortization of net actuarial loss (gain) | 1 | — | (3) | (3) | 2 | — | (6) | (6) |
| Net periodic benefit (income) cost | $(32) | $(28) | $2 | $3 | $(65) | $(55) | $4 | $5 |
The Company made the following contributions to its defined benefit pension plans and other postretirement benefit plans for the six months ended June 30, 2026 and 2025:
| ($ in millions) | 2026 | 2025 |
|---|---|---|
| Pension plans | ||
| Discretionary | ||
| Qualified | $2 | $— |
| Non-qualified | 6 | 7 |
| Other benefit plans | 21 | 21 |
| Total contributions | $29 | $28 |
As of June 30, 2026, the Company anticipates no further significant cash contributions to its qualified defined benefit pension plans in 2026.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.