v3.26.1
Inventory Intermediation Obligations (Tables)
6 Months Ended
Jun. 30, 2026
Other Liabilities Disclosure [Abstract]  
Schedule of Outstanding Obligations Under Agreements
The following table summarizes our outstanding obligations under our Inventory Intermediation Agreement (as defined below) (in millions):
As of June 30, 2026As of December 31, 2025
Obligations under Inventory Intermediation Agreement
Obligations related to Base Layer Volumes$95.2 $119.5 
Current portion— — 
 Total obligations under Inventory Intermediation Agreement$95.2 $119.5 
Other payable for monthly activity true-up $4.4 $3.4 
Schedule of Inventory Intermediation Fees The following table summarizes these fees (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net fees and expenses:
Inventory intermediation fees$13.8 $10.1 $17.8 $21.5 
Interest expense, net$8.4 $12.5 $16.0 $25.6