​

​

Six Months Ended

​

​

June 30, 

(In millions)

2025

2024

CCF Cash and Cash Equivalents:

​

​

​

​

​

​

CCF cash and cash equivalents balance at beginning of period

​

$

230.7

​

$

599.4

Cash withdrawal for the purchase of U.S. Treasury debt securities and accrued interest

​

​

—

​

​

(449.8)

Proceeds from U.S. Treasury debt securities at maturity

​

​

91.1

​

​

—

Interest income on cash and cash equivalents, and CCF investments

​

​

8.3

​

​

11.0

Repurchase of assigned accounts receivable

​

​

100.7

​

​

35.8

Qualifying withdrawal payments for vessel construction expenditures

​

​

(100.7)

​

​

(35.8)

Total CCF cash and cash equivalents balance at end of period

​

​

330.1

​

​

160.6

​

​

​

​

​

​

​

CCF Investments:

​

​

​

​

​

​

CCF investments balance at beginning of period

​

​

411.9

​

​

—

Purchase of U.S. Treasury debt securities

​

​

—

​

​

448.1

Sale of U.S. Treasury debt securities at maturity

​

​

(91.1)

​

​

—

Accretion of investments

​

​

5.8

​

​

5.2

Total CCF investments balance at end of period

​

​

326.6

​

​

453.3

Total CCF cash and cash equivalents, and investments balance at end of period

​

$

656.7

​

$

613.9