v3.26.1
Accounts Payable and Accrued Liabilities
6 Months Ended
Jun. 30, 2026
Accounts Payable and Accrued Liabilities  
Accounts Payable and Accrued Liabilities

Note 7—Accounts Payable and Accrued Liabilities

As of June 30, 2026, and December 31, 2025, accounts payable included retention amounts of approximately $59.9 million and $61.4 million, respectively. These amounts owed to subcontractors have been retained pending contract completion and customer acceptance of jobs.

The following is a summary of accrued liabilities (in millions):

June 30, 

December 31, 

  ​ ​ ​

2026

  ​ ​ ​

2025

Payroll and related employee benefits

$

157.5

$

152.5

Current operating lease liability

167.6

155.4

Casualty insurance reserves

 

24.2

 

21.4

Corporate income taxes and other taxes

 

21.6

 

49.1

Other

 

36.2

 

27.0

$

407.1

$

405.4