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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating Revenues:      
Transportation $ 1,483.7 $ 1,361.3 $ 1,287.0
Storage, parking and lending 228.2 211.0 160.9
Product sales 515.7 378.7 100.3
Other 78.2 77.1 69.5
Total operating revenues 2,305.8 2,028.1 1,617.7
Operating Costs and Expenses:      
Costs associated with service revenues 34.6 29.1 26.3
Costs associated with product sales 441.0 303.5 87.8
Operation and maintenance 321.9 310.3 281.0
Administrative and general 199.6 186.1 171.9
Depreciation and amortization 438.9 424.8 408.7
Loss (gain) on sale of assets, impairments and other 0.2 (5.5) 0.3
Taxes other than income taxes 129.7 122.1 115.5
Total operating costs and expenses 1,565.9 1,370.4 1,091.5
Operating income 739.9 657.7 526.2
Other Deductions (Income):      
Interest expense 161.2 182.9 155.6
Interest income (13.8) (31.1) (12.1)
Miscellaneous other income, net (3.9) (6.1) (4.1)
Total other deductions 143.5 145.7 139.4
Income before income taxes 596.4 512.0 386.8
Income taxes 1.7 1.1 0.8
Net income $ 594.7 $ 510.9 $ 386.0