v3.26.1
Derivative Instruments (Tables)
 3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments [Table Text Block]
As of March 31, 2026, the volume of our commodity derivative contracts were as follows:

Business unitCommodityContract Type Quantity hedged (in millions)DesignationLongest Expiration date of hedge
SharpPropane (gallons)Purchases9.4Cash flow hedgesSeptember 2028
Fair Values of Derivative Contracts Recorded in Condensed Consolidated Balance Sheet March 31, 2026 and December 31, 2025, are as follows: 
 Derivative Assets
  Fair Value As Of
(in millions)Balance Sheet LocationMarch 31, 2026December 31, 2025
Derivatives designated as cash flow hedges
Propane swap agreementsDerivative assets, at fair value $0.9 $— 
Total Derivative Assets (1)
$0.9 $— 
 (1) Derivative assets, at fair value, include $0.8 million in current assets in the condensed consolidated balance sheet at March 31, 2026, with the remainder of the balances classified as long-term. There were no current derivative asset at December 31, 2025,
 Derivative Liabilities
  Fair Value As Of
(in millions)Balance Sheet LocationMarch 31, 2026December 31, 2025
Derivatives designated as cash flow hedges
Propane swap agreementsDerivative liabilities, at fair value$— $0.7 
Interest rate swap agreementsDerivative liabilities, at fair value 0.7 0.7 
Total Derivative Liabilities (1)
$0.7 $1.4 
(1) Derivative liabilities, at fair value, include $0.2 million in current liabilities in the condensed consolidated balance sheet at March 31, 2026 and $0.8 million at December 31, 2025, with the remainder of the balances classified as long-term.
Effects of Gains and Losses from Derivative Instruments on Condensed Consolidated Financial Statements
The effects of gains and losses from derivative instruments on the condensed consolidated statements of income are as follows:
 Amount of Gain (Loss) on Derivatives
Location of GainFor the Three Months Ended March 31,
(in millions)(Loss) on Derivatives20262025
Derivatives designated as cash flow hedges
Propane swap agreementsUnregulated propane and natural gas costs$(0.1)$0.7 
Interest rate swap agreements
Interest expense— 0.1 
Total$(0.1)$0.8