v3.25.2
Debt and Financing Obligation (Tables)
6 Months Ended
Jun. 30, 2025
Debt and Financing Obligations  
Schedule of total borrowings and availability under the Credit Agreement

The table below presents the total borrowings and availability under the Credit Agreement (in thousands):

June 30, 

December 31,

    

2025

    

2024

 

Total available commitments

$

1,500,000

$

1,550,000

Working capital revolving credit facility-current portion

98,500

129,500

Working capital revolving credit facility-less current portion

100,000

100,000

Revolving credit facility

88,200

167,000

Total borrowings outstanding

286,700

396,500

Less outstanding letters of credit

83,200

100,200

Total remaining availability for borrowings and letters of credit (1)

$

1,130,100

$

1,053,300

(1)Subject to borrowing base limitations.
Schedule of cash flow supplemental information

The following table presents supplemental cash flow information related to the Credit Agreement for the periods presented (in thousands):

Six Months Ended

June 30,

2025

    

2024

    

Borrowings from working capital revolving credit facility

$

1,280,300

$

1,278,400

Payments on working capital revolving credit facility

(1,311,300)

(1,014,000)

Net (payments on) borrowings from working capital revolving credit facility

$

(31,000)

$

264,400

Borrowings from revolving credit facility

$

$

218,800

Payments on revolving credit facility

(78,800)

(398,800)

Net payments on revolving credit facility

$

(78,800)

$

(180,000)