Years Ended

December 31,

(In millions)

2025

 

2024

CCF Cash and Cash Equivalents:

CCF cash and cash equivalents balance at beginning of period

$

230.7

$

599.4

Cash deposits into the CCF

—

50.0

Cash withdrawal for the purchase of U.S. Treasury debt securities and accrued interest

—

(449.8)

Proceeds from U.S. Treasury debt securities at maturity

195.4

48.1

Interest income on cash and cash equivalents, and CCF investments

17.7

18.8

Repurchase of assigned accounts receivable

100.7

53.8

Qualifying withdrawal payments for vessel construction expenditures

(237.3)

(89.6)

Total CCF cash and cash equivalents balance at end of period

$

307.2

$

230.7

CCF Investments:

CCF investments balance at beginning of period

$

411.9

$

—

Purchase of U.S. Treasury debt securities

—

448.1

Sale of U.S. Treasury debt securities at maturity

(195.4)

(48.1)

Accretion of CCF investments

9.0

11.9

Total CCF investments balance at end of period

225.5

411.9

Total CCF cash and cash equivalents, and investments balance at end of period

$

532.7

$

642.6