Restricted and Designated Cash and Investments (Tables)

3 Months Ended

Mar. 31, 2026

Cash, cash equivalents, and restricted and designated cash and cash equivalents reported within the

consolidated balance sheets and included in the consolidated statement of cash flows are as follows:


	March 31, 2026		December 31, 2025
	(In thousands)
Cash and cash equivalents	$	622,221	$	685,570
Restricted and designated cash and equivalents:
MBPP operating funds	31,190		29,923
Deferred revenue	272,000		272,000
	303,190		301,923
Total cash, cash equivalents and restricted and designated cash and equivalents included in the consolidated statements of cash flows	$	925,411	$	987,493

Restricted and designated investments reported within the consolidated balance sheets are as follows:


	March 31, 2026		December 31, 2025
	(In thousands)
Restricted and designated investments:
Funds held in trust for an asset retirement obligation by Bank of Montreal as trustee for SVPL	5,487		5,244
Asset retirement obligations	54,620		56,118
	$	60,107	$	61,362