Year Ended December 31,

2024

2023

2022

Cash:

Interest paid, net of capitalized interest (1)

$

712.7

$

618.6

$

401.3

Income taxes paid, net of refunds

16.7

8.5

1.6

Non-cash investing activities:

Change in deadstock commodity inventory

$

3.7

$

(13.7

)

$

(3.8

)

Impact of net accruals on capital expenditures

221.7

58.2

60.1

Change in ARO liability and property, plant and equipment, net due to revised cash flow estimate and additions

64.1

4.9

0.8

Non-cash financing activities:

Changes in accrued distributions to noncontrolling interests

$

(3.6

)

$

8.9

$

(26.1

)

Reduction of owner's equity related to accrued dividends on unvested equity awards under share compensation arrangements

3.8

3.9

7.1

Non-cash distributions to noncontrolling interests (2)

—

—

64.2

Lease liabilities arising from recognition of right-of-use assets:

Operating lease

$

66.8

$

53.1

$

9.7

Finance lease (3)

59.8

104.8

220.7