Other Accrued Liabilities (Tables)

9 Months Ended

Sep. 30, 2023

Payables and Accruals [Abstract]

Schedule of Accrued Liabilities

Other accrued liabilities at September 30, 2023 and December 31, 2022 consisted of the following (in thousands):

	September 30, 2023		December 31, 2022
Accrued payroll and other employee benefits	$	30,905	$	27,815
Gross environmental credit obligations (1)	326,598		549,791
Other	94,118		62,888
Total	$	451,621	$	640,494

___________________________________________________

(1)Gross environmental credit obligations are stated at market as of September 30, 2023 and December 31, 2022. Please read Note 13—Fair Value Measurements for further information. A portion of these obligations are expected to be settled with our RINs assets and other environmental credits, which are presented as Inventories on our condensed consolidated balance sheet and are stated at the lower of cost or net realizable value. The carrying costs of these assets were $223.4 million and $258.2 million as of September 30, 2023 and December 31, 2022, respectively. If we marked our RINs and environmental credits to fair market value, our net environmental credit obligations at market value would have been $91.1 million and $152.6 million as of September 30, 2023 and December 31, 2022, respectively.