Delek Logistics (Tables)

3 Months Ended

Mar. 31, 2025

Variable Interest Entity, Not Primary Beneficiary, Disclosures [Abstract]

Condensed Balance Sheet

Exclusive of intercompany balances, and prior to August 5, 2024, the marketing agreement intangible asset between Delek Logistics and Delek which are eliminated in consolidation, the Delek Logistics condensed consolidated balance sheets are included in the condensed consolidated balance sheets of Delek. The Delek Logistics condensed consolidated balance sheets are presented below (in millions):


						As of March 31, 2025						As of December 31, 2024
ASSETS
Cash and cash equivalents						$	2.1					$	5.4
Accounts receivable						68.7						54.7
Accounts receivable from related parties						54.9						33.3
Lease receivable - affiliate						21.1						22.8
Inventory						8.6						5.4
Other current assets						1.5						24.2
Property, plant and equipment, net						1,322.0						1,064.3
Equity method investments						317.5						317.2
Operating lease right-of-use assets						17.1						16.7
Goodwill						12.2						12.2
Intangible assets, net						363.6						281.5
Net lease investment - affiliate						189.7						193.1
Other non-current assets						16.5						10.8
Total assets						$	2,395.5					$	2,041.6
LIABILITIES AND EQUITY
Accounts payable						$	59.9					$	41.4


Current portion of operating lease liabilities						5.5						5.3
Accrued expenses and other current liabilities						32.0						42.1
Long-term debt, net of current portion						2,145.7						1,875.4
Asset retirement obligations						23.3						15.6
Operating lease liabilities, net of current portion						6.2						6.0
Other non-current liabilities						25.5						20.3

Equity						97.4						35.5
Total liabilities and equity						$	2,395.5					$	2,041.6