Container and method of forming a container

An insulating container comprising:

• a canister, further comprising:
• a first inner wall having a first end with a threaded sidewall and an opening extending into an internal reservoir for receiving liquid;
• and
• a second outer wall forming an outer shell of the canister, the second outer wall having a second end configured to support the canister on a surface;
• a lower cap structure, further comprising:
• a lower threaded sidewall configured to removably couple to and seal the opening of the canister;
• a top surface extending between the lower threaded sidewall and a spout;
• and
• a docking structure, protruding from the top surface and having a magnetic docking surface;
• and
• an upper cap, further comprising:
• a pullout gasket, configured to be removably coupled within the upper cap, further comprising a gasket grip structure extending across a diameter of the pullout gasket, the pullout gasket further comprising:
• an outer ring structure having a sealing surface configured to abut the spout, and
• an inner ring structure coupled to and concentric with the outer ring structure, the inner ring structure forming a sidewall that extends below the sealing surface.