v3.26.1
Long-Term Obligations (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Outstanding borrowings under debt instruments are as follows (in millions):
June 30, 2026December 31, 2025
Delek Term Loan Credit Facility$850.0 $921.5 
Delek Logistics Revolving Facility248.1 211.8 
Delek Logistics 2028 Notes— 400.0 
Delek Logistics 2029 Notes650.0 1,050.0 
Delek Logistics 2033 Notes700.0 700.0 
Delek Logistics 2034 Notes800.0 — 
Principal amount of long-term debt3,248.1 3,283.3 
Less: Unamortized discount and premium and deferred financing costs58.4 50.2 
Total debt, net of unamortized discount and premium and deferred financing costs3,189.7 3,233.1 
Less: Current portion of long-term debt8.5 9.5 
Long-term debt, net of current portion$3,181.2 $3,223.6 
Schedule of Line of Credit Facilities
Available capacity and amounts outstanding for each of our revolving credit facilities as of June 30, 2026 are shown below (in millions):
Total Capacity
Outstanding Borrowings
Outstanding Letters of Credit
Available Capacity
Maturity Date
Delek Revolving Credit Facility (1)
$1,250.0 $— $453.3 $796.7 
April 9, 2031
Delek Logistics Revolving Facility (2)
$1,300.0 $248.1 $— $1,051.9 March 26, 2031
(1) Total capacity includes letters of credit up to $625.0 million. This facility requires a quarterly unused commitment fee based on average commitment usage, currently at 0.25% per annum. Interest is measured at either the SOFR, base rate, or Canadian dollar bankers’ acceptances rate (“CDOR”), plus an applicable margin of 0.00% to 0.50% per annum with respect to base rate borrowings or 1.00% to 1.50% per annum with respect to SOFR and CDOR.
(2) Total capacity includes letters of credit up to $150.0 million and $50.0 million for swing line loans. Unused revolving commitments under the Delek Logistics Revolving Facility incur a commitment fee that ranges from 0.30% to 0.50% per annum depending on the Delek Logistics' Total Leverage Ratio. As of June 30, 2026, the weighted average interest rate was 6.05% and as of December 31, 2025, the weighted average interest rate was 6.58%, based on the previous credit facility.