Six Months Ended

June 30,

(In millions)

2025

2024

CCF Cash and Cash Equivalents:

CCF cash and cash equivalents balance at beginning of period

$

230.7

$

599.4

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

91.1

—

Interest income on cash and cash equivalents, and CCF investments

8.3

11.0

Repurchase of assigned accounts receivable

100.7

35.8

Qualifying withdrawal payments for vessel construction expenditures

(100.7)

(35.8)

Total CCF cash and cash equivalents balance at end of period

330.1

160.6

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

(91.1)

—

Accretion of investments

5.8

5.2

Total CCF investments balance at end of period

326.6

453.3

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

$

656.7

$

613.9