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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Changes in Asset Retirement Obligations

The following shows the changes in asset retirement obligations:

 

years ended December 31
(in millions)

 

2022

 

 

2021

 

 

2020

 

Balance at beginning of year

 

$

306.8

 

 

$

153.8

 

 

$

143.9

 

Accretion expense

 

 

10.6

 

 

 

7.2

 

 

 

5.9

 

Liabilities incurred and liabilities assumed in business combinations

 

 

78.6

 

 

 

179.0

 

 

 

0.3

 

Liabilities settled

 

 

(14.1

)

 

 

(5.2

)

 

 

(10.3

)

Revisions in estimated cash flows

 

 

(3.1

)

 

 

3.5

 

 

 

14.0

 

Liabilities reclassified from/(to) assets held for sale

 

 

1.2

 

 

 

(31.5

)

 

 

 

Balance at end of year

 

$

380.0

 

 

$

306.8

 

 

$

153.8

 

Schedule of Contractual Purchase Commitments The Company’s contractual purchase commitments as of December 31, 2022 are as follows:

 

(in millions)

 

 

 

2023

 

$

196.2

 

2024

 

 

35.0

 

2025

 

 

24.8

 

2026

 

 

10.5

 

2027

 

 

8.5

 

Thereafter

 

 

53.5

 

Total

 

$

328.5

 

Schedule of Future Minimum Contracts of Affreightment and Royalty Commitments for All Noncancelable Agreements Future minimum contracts of affreightment and royalty commitments for all noncancelable agreements that are not accounted for as leases on the Company’s consolidated balance sheet as of December 31, 2022 are as follows:

 

(in millions)

 

Contracts of Affreightment

 

 

Royalty
Commitments

 

2023

 

$

28.1

 

 

$

24.1

 

2024

 

 

16.9

 

 

 

15.4

 

2025

 

 

17.1

 

 

 

12.8

 

2026

 

 

17.4

 

 

 

10.9

 

2027

 

 

17.7

 

 

 

10.3

 

Thereafter

 

 

 

 

 

82.8

 

Total

 

$

97.2

 

 

$

156.3