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Derivatives (Tables)
 9 Months Ended
Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Components of Gain (Loss) on Derivative Activity
The components of the unrealized gain (loss) on designated cash flow hedge related to changes in the fair value of our interest rate swap are as follows (in millions):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2024202320242023
Change in fair value of interest rate swap$(6.6)$2.2 $(2.4)$8.1 
Tax benefit (expense)1.7 (0.5)0.6 (1.9)
Unrealized gain (loss) on designated cash flow hedge$(4.9)$1.7 $(1.8)$6.2 
Interest income is recognized from accumulated other comprehensive income (loss) from the monthly settlement of our interest rate swap and was included in our consolidated statements of operations as follows (in millions):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2024202320242023
Interest income$1.5 $1.4 $4.5 $3.0 
The components of gain (loss) on derivative activity in the consolidated statements of operations related to commodity derivatives are as follows (in millions):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2024202320242023
Change in fair value of derivatives$18.0 $(22.9)$(4.1)$(19.0)
Realized gain (loss) on derivatives3.8 0.9 (3.9)20.2 
Gain (loss) on derivative activity$21.8 $(22.0)$(8.0)$1.2 
Fair Value of Derivative Assets and Liabilities Related to Commodity Swaps
The fair value of derivative assets and liabilities related to the interest rate swap are as follows (in millions):
September 30, 2024December 31, 2023
Fair value of derivative assets—current$— $3.3 
Fair value of derivative liabilities—current(0.2)— 
Fair value of derivative liabilities—long-term(1.3)(2.4)
Net fair value of interest rate swap$(1.5)$0.9 
The fair value of derivative assets and liabilities related to commodity derivatives are as follows (in millions):
September 30, 2024December 31, 2023
Fair value of derivative assets—current$40.3 $73.6 
Fair value of derivative assets—long-term13.9 27.0 
Fair value of derivative liabilities—current(32.3)(62.7)
Fair value of derivative liabilities—long-term(12.4)(24.3)
Net fair value of commodity derivatives$9.5 $13.6 
Notional Amount and Fair Value of Derivative Instruments
Set forth below are the summarized notional volumes and fair values of all instruments related to commodity derivatives that we held for price risk management purposes and the related physical offsets at September 30, 2024 (in millions, except volumes). The remaining term of the contracts extend no later than January 2029.
CommodityInstrumentsUnitVolumeNet Fair Value
NGL (short contracts)SwapsMMgals(88.8)$(1.0)
NGL (long contracts)SwapsMMgals31.5 2.6 
Natural gas (short contracts)Swaps and futuresBbtu(105.8)41.5 
Natural gas (long contracts)Swaps and futuresBbtu94.6 (35.8)
Crude and condensate (short contracts)Swaps and futuresMMbbls(5.3)6.3 
Crude and condensate (long contracts)Swaps and futuresMMbbls0.9 (4.1)
Total fair value of commodity derivatives$9.5