v3.26.3
Derivative Instruments (Tables)
 9 Months Ended
Sep. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Values of Our Derivative Instrument Assets and Liabilities
The following table provides details of the fair values of our derivative instrument assets and liabilities:
September 30, 2026December 31, 2025
Current (a)Long-term (a)TotalCurrent (a)Long-term (a)Total
in millions
Assets – Interest rate derivative contracts (b)
$39.7 $60.7 $100.4 $44.2 $28.2 $72.4 
Liabilities (b):
Interest rate derivative contracts$7.1 $— $7.1 $7.2 $46.8 $54.0 
Foreign currency forward contracts9.9 1.7 11.6 5.1 — 5.1 
Total$17.0 $1.7 $18.7 $12.3 $46.8 $59.1 
(a)Our current derivative assets, long-term derivative assets, current derivative liabilities and long-term derivative liabilities are included in other current assets, net, other assets, net, other accrued and current liabilities and other long-term liabilities, respectively, in our condensed consolidated balance sheets.
(b)We consider credit risk relating to our nonperformance and the nonperformance of our counterparties in the fair value assessment of our derivative instruments. In all cases, the adjustments take into account offsetting liability or asset positions within each of our primary borrowing groups and are recorded in realized and unrealized gains or losses on derivative instruments, net, in our condensed consolidated statements of operations.
Schedule of Realized and Unrealized Gains or (Losses) on Derivative Instruments, Net
The details of our realized and unrealized gains (losses) on derivative instruments, net, are as follows:
Three months ended September 30,Nine months ended September 30,
2026202520262025
in millions
Interest rate derivative contracts$73.9 $(0.4)$111.0 $(68.3)
Foreign currency forward contracts(0.8)(2.6)(14.7)(6.1)
Weather Derivatives
(8.2)(6.6)(26.1)(22.8)
Total$64.9 $(9.6)$70.2 $(97.2)
Schedule of Classification of the Net Cash Inflows of Our Derivative Instruments
The following table sets forth the classification of the net cash inflows (outflows) of our derivative instruments:
Nine months ended September 30,
20262025
in millions
Operating activities$(4.2)$(11.5)
Investing activities(3.4)(1.3)
Financing activities
— 18.8 
Total$(7.6)$6.0