Other Financial Information

12 Months Ended

Dec. 31, 2025

Other Financial Information [Abstract]

Other Financial Information

Note M – Other Financial Information

Gain (Loss) from Foreign Currency Transactions

Net gains (losses) from foreign currency transactions, including the effects of foreign currency contracts, included in the Consolidated Statements of Operations were $29.4 million loss in 2025, $45.4 million gain in 2024 and $10.8 million loss in 2023.

Supplemental Information to Statements of Cash Flows

(Thousands of dollars)	2025		2024		2023
Net (increase) decrease in operating working capital, excluding cash and cash equivalents:
(Increase) decrease in accounts receivable	$	(75,437)	$	71,081	$	47,151
(Increase) decrease in inventories	(1,461)		1,327		329
(Increase) decrease in prepaid expenses	539		1,192		(1,293)
Increase (decrease) in accounts payable and accrued liabilities 1	3,101		3,287		(140,011)
Increase (decrease) in income taxes payable	(794)		(2,004)		(5,537)
Net (increase) decrease in noncash working capital	$	(74,052)	$	74,883	$	(99,361)
Supplementary disclosures:
Interest paid, net of amounts capitalized of $8.8 million in 2025, $11.4 million in 2024 and $14.5 million in 2023	88,119		78,806		108,912
Non-cash investing activities:
Asset retirement costs capitalized	$	9,629	$	47,233	$	32,975
(Increase) decrease in capital expenditure accrual	(98,778)		(5,935)		17,517

1  Excludes receivable/payable balances relating to mark-to-market of derivative instruments.