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SunCoke Energy, Inc.

For the period ended Dec 31, 2025. Filed Feb 20, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 20, 2026

SXC$10.21+4.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

14. Leases

  1. Leases

The Company's operating leases consist primarily of leases for land, office space, equipment, railcars and locomotives. The Company's finance leases consist primarily of equipment. Certain of our long-term leases includeone or more options to renew or to terminate, with renewal terms that can extend the lease term fromone month to 50 years.

The components of lease expense were as follows:

Years ended December 31,
20252024
(Dollars in millions)
Operating leases:
Cost of products sold and operating expenses$2.4$2.4
Selling, general and administrative expenses0.50.5
Operating lease cost$2.9$2.9
Finance Leases:
Depreciation of Right of Use ("ROU") assets$7.10.2
Interest on lease liabilities0.3—
Finance lease cost$7.4$0.2
Short-term leases:
Cost of products sold and operating expenses(1)(2)9.65.5
Total lease expense$19.9$8.6

(1)Includes expenses for month-to-month equipment leases, which are classified as short-term as the Company is not reasonably certain to renew the lease term beyond one month.

(2)Includes variable lease expenses, which are immaterial to the consolidated financial statements.

Supplemental balance sheet information related to leases are as follows:

Years ended December 31,
Financial Statement Classification20252024
(Dollars in millions)
Operating Leases:
Operating ROU assetsDeferred charges and other assets$12.2$11.5
Operating lease liabilities:
Current operating lease liabilitiesAccrued liabilities$2.8$2.4
Noncurrent operating lease liabilitiesOther deferred credits and liabilities8.98.5
Total operating lease liabilities$11.7$10.9
Finance Leases:
Finance ROU AssetsProperties, plants and equipment$10.6$0.6
Finance lease liabilities:
Current finance lease liabilitiesAccrued liabilities$3.8$0.3
Long-term finance lease liabilitiesLong-term finance lease liability2.60.2
Total finance lease liabilities$6.4$0.5

The weighted average remaining lease term and weighted average discount rate were as follows:

Years ended December 31,
20252024
Weighted average remaining lease term of operating leases7.68.4
Weighted average discount rate of operating leases5.3%5.0%
Weighted average remaining lease term of finance leases2.21.8
Weighted average discount rate of finance leases5.6%6.4%

Supplemental cash flow information related to leases was as follows:

Years ended December 31,
20252024
(Dollars in millions)
Operating cash flow information:
Cash paid for amounts included in the measurement of operating lease liabilities$2.9$2.6
Cash paid for amounts included in the measurement of finance lease liabilities(1)$10.3$0.2
Non-cash activity:
ROU assets obtained in exchange for new operating lease liabilities$0.4$2.3

(1)The year ended December 31, 2025 includes $5.5 million of payments related to finance lease buyouts executed in the current year period.

Maturities of operating and finance lease liabilities as of December 31, 2025 are as follows:

Operating Leases · Finance Leases
(Dollars in millions)
2026$3.24.0
20272.41.3
20282.31.0
20292.00.4
20300.60.1
2031-Thereafter3.9—
Total lease payments14.46.8
Less: imputed interest2.70.4
Total lease liabilities$11.7$6.4
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.