v3.25.2
Other Accrued Liabilities
 6 Months Ended
Jun. 30, 2025
Payables and Accruals [Abstract]  
Other Accrued Liabilities Other Accrued Liabilities
Other accrued liabilities at June 30, 2025, and December 31, 2024, consisted of the following (in thousands):
June 30, 2025December 31, 2024
Accrued payroll and other employee benefits$29,259 $34,130 
Environmental credit obligations (1)301,217 231,982 
Derivative liabilities70,212 19,548 
Deferred revenue4,109 16,247 
Other30,397 42,281 
Total$435,194 $344,188 
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(1)Please read Note 12—Fair Value Measurements for further information. A portion of these obligations are expected to be settled with our RINs assets and other environmental credits, which are presented as Inventories on our condensed consolidated balance sheet and are stated at the lower of cost or net realizable value. The carrying costs of these assets were $171.2 million and $195.0 million as of June 30, 2025, and December 31, 2024, respectively.