v3.26.1
Risk Management Activities (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
Risk management assets and liabilities on our derivatives are presented on the Condensed Consolidated Balance Sheets (unaudited) as shown below:
June 30, 2026December 31, 2025
(in millions)Assets LiabilitiesAssetsLiabilities
Current(1)
Derivatives not designated as hedging instruments$2.9 $3.5 $9.7 $2.1 
Total$2.9 $3.5 $9.7 $2.1 
Noncurrent(2)
Derivatives not designated as hedging instruments$8.7 $10.8 $9.1 $3.8 
Total$8.7 $10.8 $9.1 $3.8 
(1)Current assets and liabilities are presented in "Other current assets" and "Other accruals", respectively, on the Condensed Consolidated Balance Sheets (unaudited).
(2)Noncurrent assets and liabilities are presented in "Deferred charges and other" and "Other noncurrent liabilities", respectively, on the Condensed Consolidated Balance Sheets (unaudited).
Derivative Instruments, Gain (Loss)
The following table summarizes the gains and losses associated with the commodity price risk programs deferred as regulatory assets and liabilities:
(in millions)June 30, 2026December 31, 2025
Regulatory Assets
Losses on commodity price risk programs$20.3 $10.1 
Regulatory Liabilities
Gains on commodity price risk programs$12.2 $19.2 
Our derivative instruments measured at fair value as of June 30, 2026 and December 31, 2025 do not contain any credit-risk-related contingent features.