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REVENUES
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
REVENUES REVENUES
The following table provides information relating to the Company’s revenues from external customers for each product or group of similar products for the periods presented:
Three Months Ended June 30,
(in millions)20262025
Gasoline and distillates$10,265.0 $6,585.6 
Asphalt and blackoils604.7 415.0 
Feedstocks and other486.7 240.7 
Chemicals221.0 136.5 
Lubricants98.9 87.8 
Total Revenues$11,676.3 $7,465.6 
Six Months Ended June 30,
(in millions)20262025
Gasoline and distillates $17,323.8 $12,711.2 
Asphalt and blackoils922.9 652.7 
Feedstocks and other778.6 737.6 
Chemicals 366.0 257.9 
Lubricants 184.8 163.3 
Total Revenues$19,576.1 $14,522.7 
The majority of the Company’s revenues are generated from the sale of refined products. These revenues are largely based on the current spot (market) prices of the products sold, which represent consideration specifically allocable to the products being sold on a given day, and the Company recognizes those revenues upon delivery and transfer of title to the products to the Company’s customers. The time at which delivery and transfer of title occurs is the point when the Company’s control of the products is transferred to the Company’s customers and when its performance obligation to its customers is fulfilled. Delivery and transfer of title are specifically agreed to between the Company and customers within the contracts. The Company also has contracts which contain fixed pricing, tiered pricing, minimum volume features with makeup periods, or other factors that have not materially been affected by Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers.