Derivatives (Tables)

3 Months Ended

Mar. 31, 2026

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:

	March 31, 2026		December 31, 2025
Unrealized (gains) losses, net on unsettled contracts	$	(25.4)	$	(23.3)
Income tax expense (benefit)	6.3		5.4
Unrealized (gains) losses, net included in AOCL, net of tax (1)	$	(19.1)	$	(17.9)

(1) Assuming commodity prices and foreign currency exchange rates remain constant, we expect to reclassify $17.8 million of derivative gain as of March 31, 2026 into earnings within the next 12 months.