Derivatives (Tables)

6 Months Ended

Jun. 30, 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:

	June 30, 2026		December 31, 2025
Unrealized gains, net on unsettled contracts	$	(14.0)	$	(23.3)
Income tax expense	3.6		5.4
Unrealized gains, net included in AOCL, net of tax (1)	$	(10.4)	$	(17.9)

(1) Assuming commodity prices and foreign currency exchange rates remain constant, we expect to reclassify $10.2 million of derivative gain as of June 30, 2026 into earnings within the next 12 months.