Derivatives (Tables)

6 Months Ended

Jun. 30, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Amounts related to cash flow hedges

We recorded the following amounts in AOCL related to our cash flow hedges (in millions) as of:

	June 30, 2025		December 31, 2024
Unrealized (gains) losses, net on unsettled contracts	$	(14.2)	$	2.0
Income tax expense (benefit)	3.5		(0.6)
Unrealized (gains) losses, net included in AOCL, net of tax (1)	$	(10.7)	$	1.4

(1) Assuming commodity prices and foreign currency exchange rates remain constant, we expect to reclassify $10.4 million of derivative gain as of June 30, 2025 into earnings within the next 12 months.