v3.25.2
Inventory Intermediation Obligations (Tables)
 6 Months Ended
Jun. 30, 2025
Other Liabilities Disclosure [Abstract]  
Schedule of Outstanding Obligations Under Agreements
The following table summarizes our outstanding obligations under our Inventory Intermediation Agreement (as defined below) (in millions):
As of June 30, 2025As of December 31, 2024
Obligations under Inventory Intermediation Agreement
Obligations related to Base Layer Volumes$388.4 $408.7 
Current portion— — 
 Total obligations under Inventory Intermediation Agreement$388.4 $408.7 
Other payable (receivable) for monthly activity true-up $18.3 $20.2 
Schedule of Inventory Intermediation Fees The following table summarizes these fees (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Net fees and expenses:
Inventory intermediation fees$10.1 $10.1 $21.5 $4.5 
Interest expense, net$12.5 $15.0 $25.6 $31.5