
	Six Months Ended June 30,
	2026			2025
Cash:
Interest paid, net of capitalized interest (1)	$	419.9		$	363.4
Income taxes paid, net of refunds		1.2			21.1
Non-cash investing activities:
Change in deadstock commodity inventory	$	11.3		$	(3.8	)
Impact of net accruals on capital expenditures		203.1			(187.4	)
Change in ARO liability and property, plant and equipment, net due to additions and revised cash flow estimates		10.8			1.0
Non-cash financing activities:
Changes in accrued distributions to noncontrolling interests	$	(0.3	)	$	(13.5	)
Changes in lease liabilities from recognition (derecognition) of right-of-use assets:
Operating lease	$	25.3		$	(2.5	)
Finance lease (2)		490.8			36.5

(1)

Interest capitalized on major projects was $61.0 million and $32.4 million for the six months ended June 30, 2026 and 2025.

(2)

The amount for the six months ended June 30, 2026 includes activity related to the amendment of a compressor lease agreement. See “Note 8 – Leases” for further details.