Debt and Financing Obligation (Tables)

12 Months Ended

Dec. 31, 2024

Debt and Financing Obligations

Schedule of total borrowings and availability under the Credit Agreement

The table below presents the total borrowings and availability under the Credit Agreement at December 31 (in thousands):

	2024		2023
Total available commitments	$	1,550,000	$	1,750,000
Working capital revolving credit facility-current portion		129,500		16,800
Working capital revolving credit facility-less current portion		100,000		—
Revolving credit facility		167,000		380,000
Total borrowings outstanding		396,500		396,800
Less outstanding letters of credit		100,200		220,200
Total remaining availability for borrowings and letters of credit (1)	$	1,053,300	$	1,133,000

(1) Subject to borrowing base limitations.

Schedule of cash flow supplemental information

The following table presents supplemental cash flow information related to the Credit Agreement for the years ended December 31 (in thousands):

	2024		2023		2022
Borrowings from working capital revolving credit facility	$	2,545,400	$	2,183,000	$	2,080,100
Payments on working capital revolving credit facility		(2,332,700)		(2,319,600)		(2,281,400)
Net borrowings from (payments on) working capital revolving credit facility	$	212,700	$	(136,600)	$	(201,300)
Borrowings from revolving credit facility	$	218,800	$	386,500	$	423,000
Payments on revolving credit facility		(431,800)		(105,500)		(367,400)
Net (payments on) borrowings from revolving credit facility	$	(213,000)	$	281,000	$	55,600