v3.25.1
Inventory Intermediation Obligations (Tables)
 3 Months Ended
Mar. 31, 2025
Other Liabilities Disclosure [Abstract]  
Schedule of Outstanding Obligations Under Agreements
The following table summarizes our outstanding obligations under our Inventory Intermediation Agreement (in millions):
As of March 31, 2025As of December 31, 2024
Obligations under Inventory Intermediation Agreement
Obligations related to Base Layer Volumes$433.6 $408.7 
Current portion— — 
 Total obligations under Inventory Intermediation Agreement$433.6 $408.7 
Other payable (receivable) for monthly activity true-up $5.6 $20.2 
Schedule of Inventory Intermediation Fees The following table summarizes these fees (in millions):
Three Months Ended March 31,
20252024
Net fees and expenses:
Inventory intermediation fees$11.4 $(5.6)
Interest expense, net$13.1 $16.5