Delek US (DK) 10-Q 8 Nov 23 2023 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2023	Nov. 01, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	001-38142
Entity Registrant Name	DELEK US HOLDINGS, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	35-2581557
Entity Address, Address Line One	310 Seven Springs Way
Entity Address, Address Line Two	Suite 500
Entity Address, City or Town	Brentwood
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	37027
City Area Code	615
Local Phone Number	771-6701
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock, par value $0.01
Trading Symbol	DK
Security Exchange Name	NYSE
Common Stock, Shares, Outstanding		63,933,521
Entity Central Index Key	0001694426
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 901.7	$ 841.3
Accounts receivable, net	1,166.9	1,234.4
Inventories, net of inventory valuation reserves	1,179.2	1,518.5
Other current assets	85.6	122.7
Total current assets	3,333.4	3,716.9
Property, plant and equipment:
Property, plant and equipment	4,603.1	4,349
Less: accumulated depreciation	(1,768.3)	(1,572.6)
Property, plant and equipment, net	2,834.8	2,776.4
Operating lease right-of-use assets	160.3	179.5
Goodwill	744.3	744.3
Other intangibles, net	300.4	315.6
Equity method investments	371.2	359.7
Other non-current assets	124.6	100.4
Total assets	7,869	8,192.8
Current liabilities:
Accounts payable	2,006.8	1,745.6
Current portion of long-term debt	29.5	74.5
Current portion of obligation under Inventory Intermediation Agreement	0	49.9
Current portion of operating lease liabilities	49.9	49.6
Accrued expenses and other current liabilities	916.5	1,166.8
Total current liabilities	3,002.7	3,086.4
Non-current liabilities:
Long-term debt, net of current portion	2,608.5	2,979.2
Obligation under Inventory Intermediation Agreement	502.2	491.8
Environmental liabilities, net of current portion	111.6	111.5
Asset retirement obligations	42.9	41.8
Deferred tax liabilities	304.2	266.5
Operating lease liabilities, net of current portion	106.8	122.4
Other non-current liabilities	33.1	23.7
Total non-current liabilities	3,709.3	4,036.9
Stockholders’ equity:
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued and outstanding	0	0
Common stock, $0.01 par value, 110,000,000 shares authorized, 82,241,519 shares and 84,509,517 shares issued at September 30, 2023 and December 31, 2022, respectively	0.8	0.9
Additional paid-in capital	1,116.4	1,134.1
Accumulated other comprehensive loss	(5.3)	(5.2)
Treasury stock, 17,575,527 shares, at cost, at September 30, 2023 and December 31, 2022, respectively	(694.1)	(694.1)
Retained earnings	619.9	507.9
Non-controlling interests in subsidiaries	119.3	125.9
Total stockholders’ equity	1,157	1,069.5
Total liabilities and stockholders’ equity	$ 7,869	$ 8,192.8

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Preferred stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	110,000,000	110,000,000
Common stock, shares, issued (in shares)	82,241,519	84,509,517
Treasury stock, shares (in shares)	17,575,527	17,575,527

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Net revenues	$ 4,748.4	$ 5,324.9	$ 12,868.3	$ 15,766.6
Cost of sales:
Cost of materials and other	4,122.1	4,916	11,328.3	14,151.1
Operating expenses (excluding depreciation and amortization presented below)	217.7	201.3	577.2	536.4
Depreciation and amortization	83.7	66.5	243.1	192
Total cost of sales	4,423.5	5,183.8	12,148.6	14,879.5
Operating expenses related to retail and wholesale business (excluding depreciation and amortization presented below)	22.7	28.2	80.8	89.6
General and administrative expenses	72	59.3	219.3	231.8
Depreciation and amortization	7.6	6.4	21	17.2
Other operating income, net	(2.1)	(5.8)	(19)	(44.5)
Total operating costs and expenses	4,523.7	5,271.9	12,450.7	15,173.6
Operating income	224.7	53	417.6	593
Interest expense, net	82.3	50.7	239.2	132.7
Income from equity method investments	(27)	(17.8)	(67.1)	(44.4)
Other expense (income), net	1.8	(0.7)	(4.8)	(3)
Total non-operating expense, net	57.1	32.2	167.3	85.3
Income before income tax expense	167.6	20.8	250.3	507.7
Income tax expense	31.5	4	43.5	107.5
Net income	136.1	16.8	206.8	400.2
Net income attributed to non-controlling interests	7.4	9.4	22.1	24.4
Net income attributable to Delek	$ 128.7	$ 7.4	$ 184.7	$ 375.8
Basic income per share (in dollars per share)	$ 1.98	$ 0.11	$ 2.80	$ 5.26
Diluted income per share (in dollars per share)	$ 1.97	$ 0.10	$ 2.78	$ 5.21
Weighted average common shares outstanding:
Basic (in shares)	64,889,504	70,471,645	65,864,141	71,494,332
Diluted (in shares)	65,464,970	71,109,364	66,372,335	72,148,638

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 136.1	$ 16.8	$ 206.8	$ 400.2
Other comprehensive loss:
Other loss, net of taxes	0	(0.1)	(0.1)	(0.2)
Total other comprehensive loss	0	(0.1)	(0.1)	(0.2)
Comprehensive income	136.1	16.7	206.7	400
Comprehensive income attributable to non-controlling interest	7.4	9.4	22.1	24.4
Comprehensive income attributable to Delek	$ 128.7	$ 7.3	$ 184.6	$ 375.6

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Millions	Total	IEP Energy Holding LLC	Common Stock	Common Stock IEP Energy Holding LLC	Additional Paid-in Capital	Additional Paid-in Capital IEP Energy Holding LLC	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Treasury Shares	Non-Controlling Interest in Subsidiaries
Beginning balance (in shares) at Dec. 31, 2021			91,772,080
Beginning balance at Dec. 31, 2021	$ 1,014		$ 0.9		$ 1,206.5		$ (3.8)	$ 384.7	$ (694.1)	$ 119.8
Beginning balance (in shares) at Dec. 31, 2021									(17,575,527)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	400.2							375.8		24.4
Common stock dividends	(28.3)							(28.3)
Equity-based compensation expense	20.4				20.1					0.3
Distribution to non-controlling interest	(26.9)									(26.9)
Sale of Delek Logistics common limited partner units, net	13.6				8.5					5.1
Repurchase of common stock (in shares)			(1,435,602)	(3,497,268)
Repurchase of common stock	(40)	$ (64)			(40)	$ (64)
Taxes paid due to the net settlement of equity-based compensation	$ (5.4)				(5.4)
Exercise of equity-based awards (in shares)	389,293		389,293
Other	$ (0.6)						(0.2)	(0.4)
Ending balance (in shares) at Sep. 30, 2022			87,228,503
Ending balance at Sep. 30, 2022	1,283		$ 0.9		1,125.7		(4)	731.8	$ (694.1)	122.7
Ending balance (in shares) at Sep. 30, 2022									(17,575,527)
Beginning balance (in shares) at Jun. 30, 2022			88,610,583
Beginning balance at Jun. 30, 2022	1,337.4		$ 0.9		1,159.1		(3.9)	753	$ (694.1)	122.4
Beginning balance (in shares) at Jun. 30, 2022									(17,575,527)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	16.8							7.4		9.4
Common stock dividends	(28.3)							(28.3)
Equity-based compensation expense	7.8				7.7					0.1
Distribution to non-controlling interest	(9.2)									(9.2)
Repurchase of common stock (in shares)			(1,435,602)
Repurchase of common stock	(40)				(40)
Taxes paid due to the net settlement of equity-based compensation	$ (1.1)				(1.1)
Exercise of equity-based awards (in shares)	53,522		53,522
Other	$ (0.4)						(0.1)	(0.3)
Ending balance (in shares) at Sep. 30, 2022			87,228,503
Ending balance at Sep. 30, 2022	1,283		$ 0.9		1,125.7		(4)	731.8	$ (694.1)	122.7
Ending balance (in shares) at Sep. 30, 2022									(17,575,527)
Beginning balance (in shares) at Dec. 31, 2022			84,509,517
Beginning balance at Dec. 31, 2022	$ 1,069.5		$ 0.9		1,134.1		(5.2)	507.9	$ (694.1)	125.9
Beginning balance (in shares) at Dec. 31, 2022	(17,575,527)								(17,575,527)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 206.8							184.7		22.1
Common stock dividends	(44.9)							(44.9)
Equity-based compensation expense	20.5				20					0.5
Distribution to non-controlling interest	(28.8)									(28.8)
Repurchase of common stock (in shares)			(2,793,317)
Repurchase of common stock	(65.4)		$ (0.1)		(37.7)			(27.6)
Taxes paid due to the net settlement of equity-based compensation	$ (4.6)				(4.1)					(0.5)
Exercise of equity-based awards (in shares)	409,993		409,993
Other (in shares)			115,326
Other	$ 3.9				4.1		(0.1)	(0.2)		0.1
Ending balance (in shares) at Sep. 30, 2023			82,241,519
Ending balance at Sep. 30, 2023	$ 1,157		$ 0.8		1,116.4		(5.3)	619.9	$ (694.1)	119.3
Ending balance (in shares) at Sep. 30, 2023	(17,575,527)								(17,575,527)
Beginning balance (in shares) at Jun. 30, 2023			83,150,295
Beginning balance at Jun. 30, 2023	$ 1,062.9		$ 0.8		1,121.8		(5.3)	518.1	$ (694.1)	121.6
Beginning balance (in shares) at Jun. 30, 2023									(17,575,527)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	136.1							128.7		7.4
Common stock dividends	(15.2)							(15.2)
Equity-based compensation expense	8.2				8					0.2
Distribution to non-controlling interest	(9.7)									(9.7)
Repurchase of common stock (in shares)			(981,690)
Repurchase of common stock	(25)				(13.3)			(11.7)
Taxes paid due to the net settlement of equity-based compensation	$ (1)				(0.7)					(0.3)
Exercise of equity-based awards (in shares)	48,154		48,154
Other (in shares)			24,760
Other	$ 0.7				0.6					0.1
Ending balance (in shares) at Sep. 30, 2023			82,241,519
Ending balance at Sep. 30, 2023	$ 1,157		$ 0.8		$ 1,116.4		$ (5.3)	$ 619.9	$ (694.1)	$ 119.3
Ending balance (in shares) at Sep. 30, 2023	(17,575,527)								(17,575,527)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Stockholders' Equity [Abstract]
Common stock dividends per share (in dollars per share)	$ 0.235	$ 0.40	$ 0.685	$ 0.40

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net income	$ 206.8	$ 400.2
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	264.1	209.2
Non-cash lease expense	44.2	48.5
Deferred income taxes	24.9	95.6
Income from equity method investments	(67.1)	(44.4)
Dividends from equity method investments	35.8	26.3
Non-cash lower of cost or market/net realizable value adjustment	(6.2)	19.1
Equity-based compensation expense	20.5	20.4
Other	6.5	10.4
Changes in assets and liabilities:
Accounts receivable	78.6	(230)
Inventories and other current assets	371.5	(419.8)
Fair value of derivatives	(8.6)	(56.2)
Accounts payable and other current liabilities	54.6	524.8
Obligation under Inventory Intermediation Agreements	(97.5)	108.7
Non-current assets and liabilities, net	(5.3)	3.3
Net cash provided by operating activities	922.8	716.1
Cash flows from investing activities:
Acquisition of 3 Bear	0	(625.4)
Equity method investment contributions	0	(0.1)
Distributions from equity method investments	10.5	1.7
Purchases of property, plant and equipment	(338.3)	(192.8)
Purchase of equity securities	(11)	0
Purchases of intangible assets	(2.6)	(4.5)
Proceeds from sale of property, plant and equipment	1.3	1.2
Insurance proceeds	1.5	0
Net cash used in investing activities	(338.6)	(819.9)
Cash flows from financing activities:
Proceeds from long-term revolvers	2,615.4	1,571.4
Payments on long-term revolvers	(3,019.4)	(1,022.5)
Payments on term debt	(18.4)	(38.9)
Proceeds from product financing agreements	908.2	744.6
Repayments of product financing agreements	(922.6)	(704.6)
Proceeds from Inventory Intermediation Agreement	32.2	0
Proceeds from termination of Supply & Offtake Obligation	25.8	0
Taxes paid due to the net settlement of equity-based compensation	(4.6)	(5.4)
Repurchase of common stock	(65.4)	(40)
Distribution to non-controlling interest	(28.8)	(26.9)
Proceeds from sale of Delek Logistics common limited partner units	0	16.4
Purchase of Delek common stock from IEP Energy Holding LLC	0	(64)
Dividends paid	(44.9)	(28.3)
Deferred financing costs paid	(1.3)	(0.7)
Net cash (used in) provided by financing activities	(523.8)	401.1
Net increase in cash and cash equivalents	60.4	297.3
Cash and cash equivalents at the beginning of the period	841.3	856.5
Cash and cash equivalents at the end of the period	901.7	1,153.8
Cash paid during the period for:
Interest, net of capitalized interest of $3.2 million and $1.5 million in the 2023,and 2022 periods, respectively	232.3	113.5
Income taxes	8.3	26.5
Non-cash investing activities:
Decrease in accrued capital expenditures	(36.7)	(10.5)
Non-cash financing activities:
Non-cash lease liability arising from obtaining right-of-use assets during the period	$ 28.2	$ 17.5

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Statement of Cash Flows [Abstract]
Capitalized interest	$ 3.2	$ 1.5

Organization and Basis of Prese

Organization and Basis of Presentation	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Basis of Presentation	Organization and Basis of Presentation Delek US Holdings, Inc. operates through its consolidated subsidiaries, which include Delek US Energy, Inc. ("Delek Energy") (and its subsidiaries) and Alon USA Energy, Inc. ("Alon") (and its subsidiaries). The terms "we," "our," "us," "Delek" and the "Company" are used in this report to refer to Delek and its consolidated subsidiaries. Delek's common stock is listed on the New York Stock Exchange ("NYSE") under the symbol "DK." Our condensed consolidated financial statements include the accounts of Delek and its subsidiaries. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with United States ("U.S.") Generally Accepted Accounting Principles ("GAAP") have been condensed or omitted, although management believes that the disclosures herein are adequate to make the financial information presented not misleading. Our unaudited condensed consolidated financial statements have been prepared in conformity with GAAP applied on a consistent basis with those of the annual audited consolidated financial statements included in our Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") on March 1, 2023 (the "Annual Report on Form 10-K") and in accordance with the rules and regulations of the SEC. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto for the year ended December 31, 2022 included in our Annual Report on Form 10-K. Our condensed consolidated financial statements include Delek Logistics Partners, LP ("Delek Logistics", NYSE:DKL), which is a variable interest entity ("VIE"). On June 1, 2022, DKL Delaware Gathering, LLC, a subsidiary of the Delek Logistics, acquired 100% of the limited liability company interests in 3 Bear Delaware Holding – NM, LLC ("3 Bear") from 3 Bear Energy – New Mexico LLC (subsequently renamed to Delek Delaware Gathering ("Delaware Gathering")), related to their crude oil and natural gas gathering, processing and transportation businesses, as well as water disposal and recycling operations, located in the Delaware Basin of New Mexico (the "Delaware Gathering Acquisition"). See Note 2 - Acquisitions for additional information. As the indirect owner of the general partner of Delek Logistics, we have the ability to direct the activities of this entity that most significantly impact its economic performance. We are also considered to be the primary beneficiary for accounting purposes for this entity and are Delek Logistics' primary customer. In the event that Delek Logistics incurs a loss, our operating results will reflect such loss, net of intercompany eliminations, to the extent of our ownership interest in this entity. In the opinion of management, all adjustments necessary for a fair presentation of the financial condition and the results of operations for the interim periods have been included. All significant intercompany transactions and account balances have been eliminated in consolidation. All adjustments are of a normal, recurring nature. Operating results for the interim period should not be viewed as representative of results that may be expected for any future interim period or for the full year. Reclassifications Certain prior period amounts have been reclassified in order to conform to the current period presentation. New Accounting Pronouncements Adopted During 2023 ASU 2023 -03 , Presentation of Financial Statements (Topic 205), Income Statement - Reporting Comprehensive Income (Topic 220), Distinguishing Liabilities from Equity (Topic 480), Equity (Topic 505), and Compensation - Stock Compensation (Topic 718) In July 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-03, Presentation of Financial Statements (Topic 205), Income Statement-Reporting Comprehensive Income (Topic 220), Distinguishing Liabilities from Equity (Topic 480), Equity (Topic 505), and Compensation-Stock Compensation (Topic 718) (“ASU 2023-03”). This ASU amends or supersedes various SEC paragraphs within the FASB Accounting Standards Codification to conform to past SEC announcements and guidance issued by the SEC. ASU 2023-03 does not provide any new guidance, so there is no transition or effective date. We adopted ASU 2023-03 in July 2023. There was no material impact on our condensed consolidated financial statements. Accounting Pronouncements Not Yet Adopted ASU 2023-06, Codification Amendments in Response to the SEC's Disclosure Update and Simplification Initiative In October 2023, the FASB issued ASU 2023-06 Codification Amendments in Response to the SEC's Disclosure Update and Simplification Initiative ("ASU 2023-06"). The main provision of ASU 2023-06 is to clarify or improve disclosure and presentation requirements of a variety of topics, which will allow users to more easily compare entities subject to the SEC's existing disclosures with those entities that were not previously subject to the requirements, and align the requirements in the FASB accounting standard codification with the SEC's regulations. The effective date for each amendment will be the date on which the SEC’s removal of that related disclosure from Regulation S-X or Regulation S-K becomes effective, with early adoption prohibited. The Company is currently evaluating the provisions of the amendments and the impact on its future consolidated statements, but does not currently expect adopting this new guidance will have a material impact on its consolidated financial statements and related disclosures.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions Delek Delaware Gathering (formally 3 Bear) Delek Logistics completed the Delaware Gathering Acquisition on June 1, 2022 (the "Acquisition Date"), in which it acquired crude oil and natural gas gathering, processing and transportation and storage operations, as well as water disposal and recycling operations, located in the Delaware Basin of New Mexico. The purchase price for Delaware Gathering was $628.3 million. The Delaware Gathering Acquisition was financed through a combination of cash on hand and borrowings under the Delek Logistics' Revolving Facility (as discussed in Note 9 of these consolidated financial statements). For the three and nine months ended September 30, 2023, we incurred no incremental direct acquisition and integration costs. For the three and nine months ended September 30, 2022, we incurred $4.2 million and $10.6 million, respectively, in incremental direct acquisition and integration costs that principally consist of legal, advisory and other professional fees. Such costs are included in general and administrative expenses in the accompanying condensed consolidated statements of income for these periods. The Delaware Gathering Acquisition was accounted for using the acquisition method of accounting, whereby the purchase price was allocated to the tangible and intangible assets acquired and the liabilities assumed based on their fair values. The excess of the consideration paid over the fair value of the net assets acquired was recorded as goodwill. Determination of Purchase Price The table below represents the purchase price (in millions): Base purchase price: $ 624.7 Add: closing net working capital (as defined in the 3 Bear Purchase Agreement) 3.6 Less: closing indebtedness (as defined in the 3 Bear Purchase Agreement) (80.6) Cash paid for the adjusted purchase price 547.7 Cash paid to payoff 3 Bear credit agreement (as defined in the 3 Bear Purchase Agreement) 80.6 Purchase price $ 628.3 Purchase Price Allocation The following table summarizes the final fair values of assets acquired and liabilities assumed in the Delaware Gathering Acquisition as of June 1, 2022 (in millions): Assets acquired: Cash and cash equivalents $ 2.7 Accounts receivables, net 28.9 Inventories 1.8 Other current assets 1.0 Property, plant and equipment 382.8 Operating lease right-of-use assets 7.4 Goodwill 14.8 Other intangibles, net (1) 223.5 Other non-current assets 0.5 Total assets acquired 663.4 Liabilities assumed: Accounts payable 8.0 Accrued expenses and other current liabilities 22.4 Current portion of operating lease liabilities 1.0 Asset retirement obligations 2.3 Operating lease liabilities, net of current portion 1.4 Total liabilities assumed 35.1 Fair value of net assets acquired $ 628.3 (1) The acquired intangible assets amount includes the following identified intangibles: • Customer relationships intangible that is subject to amortization with a preliminary fair value of $210.0 million, which will be amortized over an 11.6-year useful life. • Rights-of-way intangible that is subject to amortization with a preliminary fair value of $13.5 million, which will be amortized over the weighted-average useful life of 25.4 years. The fair value of property, plant and equipment was based on the combination of the cost and market approaches. Key assumptions in the cost approach include determining the replacement cost by evaluating recently published data and adjusting replacement cost for physical deterioration, functional and economic obsolescence. We used the market approach to measure the value of certain assets through an analysis of recent sales or offerings of comparable properties. The fair value of customer relationships was based on the income approach. Key assumptions in the income approach include projected revenue attributable to customer relationships, operating margins and discount rates. The fair values discussed above were based on significant inputs that are not observable in the market and, therefore, represent Level 3 measurements. The fair values of all other current assets and liabilities were equivalent to their carrying values due to their short-term nature. The goodwill recognized in the Delaware Gathering Acquisition is primarily attributable to enhancing our third-party revenues, further diversification of our customer and product mix, expanding our footprint into the Delaware basin and bolstering our Environmental, Social and Governance ("ESG") optionality through furthering carbon capture opportunities and greenhouse gas reduction projects currently underway. This goodwill is deductible for income tax purposes. Goodwill related to the Delaware Gathering Acquisition is included in the logistics segment. Unaudited Pro Forma Financial Information The following table summarizes the unaudited pro forma financial information of the Company assuming the Delaware Gathering Acquisition had occurred on January 1, 2022. The unaudited pro forma financial information has been adjusted to give effect to certain pro forma adjustments that are directly related to the Delaware Gathering Acquisition based on available information and certain assumptions that management believes are factually supportable. The most significant pro forma adjustments relate to (i) incremental interest expense and amortization of deferred financing costs associated with revolving credit facility borrowings incurred in connection with the Delaware Gathering Acquisition, (ii) incremental depreciation resulting from the estimated fair values of acquired property, plant and equipment, (iii) incremental amortization resulting from the estimated fair values of acquired customer relationships intangible (iv) accounting policy alignment, and (v) transaction costs. The unaudited pro forma financial information excludes any expected cost savings or other synergies as a result of the Delaware Gathering Acquisition. The unaudited pro forma financial information is not necessarily indicative of the results of operations that would have been achieved had the Delaware Gathering Acquisition been effective as of the dates presented, nor is it indicative of future operating results of the combined company. Actual results may differ significantly from the unaudited pro forma financial information. Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 (in millions, except per share data) Net sales $ 5,324.9 $ 15,865.2 Net income attributable to Delek $ 10.1 $ 374.1 Net income per share: Basic income per share $ 0.14 $ 5.23 Diluted income per share $ 0.14 $ 5.19

Segment Data

Segment Data	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Segment Data	Segment Data We aggregate our operating units into three reportable segments: Refining, Logistics, and Retail. Operations that are not specifically included in the reportable segments are included in Corporate, Other and Eliminations, which consist of the following: • our corporate activities; • results of certain immaterial operating segments, including our Canadian crude trading operations (as discussed in Note 10); and • intercompany eliminations. During the fourth quarter 2022, we realigned our reportable segments for financial reporting purposes to reflect changes in the manner in which our chief operating decision maker, or CODM, assesses financial information for decision-making purposes. The change primarily represents reporting the operating results of wholesale crude operations within the refining segment. Prior to this change, wholesale crude operations were reported as part of corporate, other and eliminations. While this reporting change did not change our consolidated results, segment data for previous years has been restated and is consistent with the current year presentation throughout the financial statements and the accompanying notes. The disaggregated financial results for the reporting segments have been prepared using a management approach, which is consistent with the basis and manner in which management internally disaggregates financial information for the purposes of assisting internal operating decisions. The CODM evaluates performance based upon EBITDA attributable to Delek. We define EBITDA attributable to Delek for any period as net income (loss) attributable to Delek plus interest expense, income tax expense (benefit), depreciation and amortization. Segment EBITDA should not be considered a substitute for results prepared in accordance with U.S. GAAP and should not be considered alternatives to net income (loss), which is the most directly comparable financial measure to EBITDA that is in accordance with U.S. GAAP. Segment EBITDA, as determined and measured by us, should also not be compared to similarly titled measures reported by other companies. Assets by segment are not a measure used to assess the performance of the Company by the CODM and thus are not disclosed. Refining Segment The refining segment processes crude oil and other feedstocks for the manufacture of transportation motor fuels, including various grades of gasoline, diesel fuel and aviation fuel, asphalt and other petroleum-based products that are distributed through owned and third-party product terminals. The refining segment has a combined nameplate capacity of 302,000 barrels per day ("bpd") as of September 30, 2023, including the following: • Tyler, Texas refinery (the "Tyler refinery"); • El Dorado, Arkansas refinery (the "El Dorado refinery"); • Big Spring, Texas refinery (the "Big Spring refinery"); and • Krotz Springs, Louisiana refinery (the "Krotz Springs refinery"). The refining segment also owns and operates three biodiesel facilities involved in the production of biodiesel fuels and related activities, located in Crossett, Arkansas, Cleburne, Texas and New Albany, Mississippi. Logistics Segment Our logistics segment owns and operates crude oil, refined products and natural gas logistics and marketing assets as well as water disposal and recycling assets. The logistics segment generates revenue by charging fees for gathering, transporting and storing crude oil and natural gas, marketing, distributing, transporting and storing intermediate and refined products and disposing and recycling water in select regions of the southeastern United States, the Delaware Basin in New Mexico and West Texas for our refining segment and third parties, and sales of wholesale products in the West Texas market. The operating results and assets acquired in the Delaware Gathering Acquisition have been included in the logistics segment since June 1, 2022. Retail Segment Our retail segment consists of 250 owned and leased convenience store sites as of September 30, 2023, located primarily in West Texas and New Mexico. These convenience stores typically offer various grades of fuel, food and beverage products, general merchandise, and certain food and other services. Substantially all of the motor fuel sold through our retail segment is supplied by our Big Spring refinery. Business Segment Operating Performance The following is a summary of business segment operating performance as measured by EBITDA attributable to Delek for the period indicated (in millions): Three Months Ended September 30, 2023 (In millions) Refining Logistics Retail Corporate, Consolidated Net revenues (excluding intercompany fees and revenues) $ 4,392.4 $ 119.5 $ 236.5 $ — $ 4,748.4 Inter-segment fees and revenues 232.1 156.4 — (388.5) — Total revenues $ 4,624.5 $ 275.9 $ 236.5 $ (388.5) $ 4,748.4 Segment EBITDA attributable to Delek $ 285.1 $ 96.5 $ 16.2 $ (64.0) $ 333.8 Depreciation and amortization (60.1) (24.6) (3.6) (3.0) (91.3) Interest expense, net (12.0) (37.0) 0.1 (33.4) (82.3) Income tax expense (31.5) Net income attributable to Delek $ 128.7 Income from equity method investments $ 0.2 $ 9.3 $ — $ 17.5 $ 27.0 Capital spending (excluding business combinations) $ 20.2 $ 13.1 $ 8.0 $ 7.0 $ 48.3 Three Months Ended September 30, 2022 (In millions) Refining Logistics Retail Corporate, Consolidated Net revenues (excluding intercompany fees and revenues) $ 4,904.5 $ 166.9 $ 253.1 $ 0.4 $ 5,324.9 Inter-segment fees and revenues 262.9 127.2 — (390.1) — Total revenues $ 5,167.4 $ 294.1 $ 253.1 $ (389.7) $ 5,324.9 Segment EBITDA attributable to Delek $ 90.3 $ 87.3 $ 13.5 $ (56.1) $ 135.0 Depreciation and amortization (49.2) (19.6) (2.6) (1.5) (72.9) Interest expense, net (0.2) (22.6) — (27.9) (50.7) Income tax expense (4.0) Net income attributable to Delek $ 7.4 Income from equity method investments $ 0.1 $ 8.6 $ — $ 9.1 $ 17.8 Capital spending (excluding business combinations) $ 22.7 $ 32.2 $ 13.6 $ 12.3 $ 80.8 Nine Months Ended September 30, 2023 (In millions) Refining Logistics Retail Corporate, Consolidated Net revenues (excluding intercompany fees and revenues) $ 11,842.2 $ 351.9 $ 674.2 $ — $ 12,868.3 Inter-segment fees and revenues 629.3 414.4 — (1,043.7) — Total revenues $ 12,471.5 $ 766.3 $ 674.2 $ (1,043.7) $ 12,868.3 Segment EBITDA attributable to Delek $ 587.7 $ 278.8 $ 37.6 $ (172.6) $ 731.5 Depreciation and amortization (176.5) (69.4) (8.9) (9.3) (264.1) Interest expense, net (33.2) (104.6) (0.1) (101.3) (239.2) Income tax expense (43.5) Net income attributable to Delek $ 184.7 Income from equity method investments $ 0.7 $ 22.9 $ — $ 43.5 $ 67.1 Capital spending (excluding business combinations) $ 197.3 $ 68.6 $ 16.0 $ 19.7 $ 301.6 Nine Months Ended September 30, 2022 (In millions) Refining Logistics Retail Corporate, Consolidated Net revenues (excluding intercompany fees and revenues) $ 14,633.6 $ 392.1 $ 739.7 $ 1.2 $ 15,766.6 Inter-segment fees and revenues 801.0 375.3 — (1,176.3) — Total revenues $ 15,434.6 $ 767.4 $ 739.7 $ (1,175.1) $ 15,766.6 Segment EBITDA attributable to Delek $ 758.2 $ 214.1 $ 36.3 $ (183.4) $ 825.2 Depreciation and amortization (151.9) (43.3) (9.3) (4.7) (209.2) Interest expense, net (2.5) (53.6) — (76.6) (132.7) Income tax expense (107.5) Net income attributable to Delek $ 375.8 Income from equity method investments $ 0.5 $ 22.7 $ — $ 21.2 $ 44.4 Capital spending (excluding business combinations) $ 56.0 $ 68.0 $ 22.6 $ 27.5 $ 174.1

Earnings (Loss) Per Share

Earnings (Loss) Per Share	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	Earnings Per Share Basic earnings per share (or "EPS") is computed by dividing net income by the weighted average common shares outstanding. Diluted earnings per share is computed by dividing net income, as adjusted for changes to income that would result from the assumed settlement of the dilutive equity instruments included in diluted weighted average common shares outstanding, by the diluted weighted average common shares outstanding. For all periods presented, we have outstanding various equity-based compensation awards that are considered in our diluted EPS calculation (when to do so would be dilutive), and is inclusive of awards disclosed in Note 16 to these condensed consolidated financial statements. For those instruments that are indexed to our common stock, they are generally dilutive when the market price of the underlying indexed share of common stock is in excess of the exercise price. The following table sets forth the computation of basic and diluted earnings per share. Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Numerator: Numerator for EPS Net income $ 136.1 $ 16.8 $ 206.8 $ 400.2 Less: Income attributed to non-controlling interest 7.4 9.4 22.1 24.4 Numerator for basic and diluted EPS attributable to Delek $ 128.7 $ 7.4 $ 184.7 $ 375.8 Denominator: Weighted average common shares outstanding (denominator for basic EPS) 64,889,504 70,471,645 65,864,141 71,494,332 Dilutive effect of stock-based awards 575,466 637,719 508,194 654,306 Weighted average common shares outstanding, assuming dilution (denominator for diluted EPS) 65,464,970 71,109,364 66,372,335 72,148,638 EPS: Basic income per share $ 1.98 $ 0.11 $ 2.80 $ 5.26 Diluted income per share $ 1.97 $ 0.10 $ 2.78 $ 5.21 The following equity instruments were excluded from the diluted weighted average common shares outstanding because their effect would be anti-dilutive: Antidilutive stock-based compensation (because average share price is less than exercise price) 1,254,610 2,138,130 1,756,314 2,380,376

Delek Logistics

Delek Logistics	9 Months Ended
	Sep. 30, 2023
Variable Interest Entity, Not Primary Beneficiary, Disclosures [Abstract]
Delek Logistics	Delek Logistics Delek Logistics is a publicly traded limited partnership formed by Delek in 2012 that owns and operates crude oil, refined products and natural gas logistics and marketing assets as well as water disposal and recycling assets. A substantial majority of Delek Logistics' assets are integral to Delek’s refining and marketing operations. As of September 30, 2023, we owned a 78.7% interest in Delek Logistics, consisting of 34,311,278 common limited partner units and the non-economic general partner interest. The limited partner interests in Delek Logistics not owned by us are reflected in net income attributable to non-controlling interest in the accompanying consolidated statements of income and in non-controlling interest in subsidiaries in the accompanying consolidated balance sheets. We have agreements with Delek Logistics that, among other things, establish fees for certain administrative and operational services provided by us and our subsidiaries to Delek Logistics, provide certain indemnification obligations and establish terms for fee-based commercial logistics and marketing services provided by Delek Logistics and its subsidiaries to us. The revenues and expenses associated with these agreements are eliminated in consolidation. Delek Logistics is a VIE, as defined under GAAP, and is consolidated into our consolidated financial statements, representing our logistics segment. The assets of Delek Logistics can only be used to settle its own obligations and its creditors have no recourse to our assets. Exclusive of intercompany balances and 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 September 30, 2023 As of December 31, 2022 ASSETS Cash and cash equivalents $ 4.2 $ 8.0 Accounts receivable 41.2 53.3 Accounts receivable from related parties 67.1 — Inventory 4.1 1.5 Other current assets 1.0 2.4 Property, plant and equipment, net 936.7 924.0 Equity method investments 241.9 257.0 Operating lease right-of-use assets 21.0 24.8 Goodwill 27.1 27.1 Intangible assets, net 347.9 364.8 Other non-current assets 17.3 16.4 Total assets $ 1,709.5 $ 1,679.3 LIABILITIES AND DEFICIT Accounts payable $ 28.0 $ 57.4 Accounts payable to related parties — 6.1 Current portion of long-term debt 15.0 15.0 Current portion of operating lease liabilities 8.1 8.0 Accrued expenses and other current liabilities 34.3 19.7 Long-term debt 1,726.4 1,646.6 Asset retirement obligations 9.9 9.3 Operating lease liabilities, net of current portion 9.2 12.1 Other non-current liabilities 17.8 15.8 Deficit (139.2) (110.7) Total liabilities and deficit $ 1,709.5 $ 1,679.3

Equity Method Investments

Equity Method Investments	9 Months Ended
	Sep. 30, 2023
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	Equity Method Investments Wink to Webster Pipeline Through our wholly-owned direct subsidiary Delek Energy, we own a 50% investment in W2W Holdings LLC ("HoldCo") which was formed by us and MPLX Operations LLC ("MPLX") to obtain financing and fund capital calls associated with our collective and contributed interests in the Wink to Webster Pipeline LLC ("WWP") Joint Venture. The Company has determined that HoldCo is a VIE. While we have the ability to exert significant influence through participation in board and management committees, we are not the primary beneficiary since we do not have a controlling financial interest in HoldCo, and no single party has the power to direct the activities that most significantly impact HoldCo's economic performance. We account for HoldCo using the equity method of accounting. On June 2, 2022, HoldCo's wholly-owned finance LLC ("WWP Project Financing JV") refinanced its project finance debt using the proceeds from a $535.0 million senior secured notes issuance due January 31, 2032. In connection with this notes issuance, on June 2, 2022 the WWP Project Financing JV also entered into a senior secured credit agreement that provides for revolving loan commitments in an amount of up to $75.0 million and the issuance of letters of credit in an amount of up to $44.0 million. The maturity date of the revolver and letter credit commitments is June 2, 2027. Distributions received from WWP are first applied to service the WWP Project Financing JV debt, with excess distributions being made to the HoldCo members as provided for in the W2W Holdings LLC Agreement and as allowed for under its debt agreements. The obligations of the HoldCo members under the W2W Holdings LLC Agreement are guaranteed by the parents of the member entities. As of September 30, 2023, except for the guarantee of member obligations under the joint venture, we do not have other guarantees with or to HoldCo, nor any third-party associated with HoldCo contracted work. The Company's maximum exposure to any losses incurred by HoldCo is limited to its investment. As of September 30, 2023 and December 31, 2022, Delek's HoldCo investment balance totaled $56.2 million and $49.0 million, respectively, and is included in total assets in corporate, other and eliminations in our segment disclosure. In addition, on the investment, we recognized income of $6.9 million and $18.2 million for the three and nine months ended September 30, 2023, respectively, and $1.2 million and $5.4 million for the three and nine months ended September 30, 2022, respectively. Delek Logistics Investments Delek Logistics has a 33% membership interest in Red River Pipeline Company LLC (“Red River”), which owns a 16-inch crude oil pipeline running from Cushing, Oklahoma to Longview, Texas. As of September 30, 2023 and December 31, 2022, Delek's investment balance in Red River totaled $140.9 million and $149.6 million, respectively. We recognized income on the investment totaling $5.5 million and $13.3 million for the three and nine months ended September 30, 2023, respectively, and $4.7 million and $14.6 million for the three and nine months ended September 30, 2022, respectively. This investment is accounted for using the equity method and is included as part of total assets in our logistics segment. In addition to Red River, Delek Logistics has two other joint ventures that own and operate logistics assets, and which serve third parties and subsidiaries of Delek. We own a 50% membership interest in the entity formed with an affiliate of Plains All American Pipeline, L.P. to operate one of these pipeline systems (the "Caddo Pipeline") and a 33% membership interest in Andeavor Logistics Rio Pipeline LLC which operates the other pipeline system (the "Rio Pipeline"). As of September 30, 2023 and December 31, 2022, Delek Logistics' investment balance in these joint ventures was $101.0 million and $107.4 million, respectively, and are accounted for using the equity method. We recognized income on these investments totaling $3.8 million and $9.6 million for the three and nine months ended September 30, 2023, respectively, and $3.9 million and $8.1 million for the three and nine months ended September 30, 2022, respectively. Other Investments In addition to our pipeline joint ventures, we also have a 50% interest in a joint venture that owns asphalt terminals located in the southwestern region of the U.S., as well as a 50% interest in a joint venture that owns, operates and maintains a terminal consisting of an ethanol unit train facility with an ethanol tank in Arkansas. As of September 30, 2023 and December 31, 2022, Delek's investment balance in these joint ventures was $73.1 million and $53.7 million, respectively. We recognized income on these investments totaling $10.8 million and $26.0 million for the three and nine months ended September 30, 2023, respectively, and $8.0 million and $16.3 million for the three and nine months ended September 30, 2022, respectively. Both investments are accounted for using the equity method. The investment in asphalt terminal operations is included as part of total assets in corporate, other and eliminations in our segment disclosure while the ethanol terminal operations is reflected in the refining segment. Combined summarized financial information for our equity method investees on a 100% basis is shown below (in millions): As of September 30, 2023 As of December 31, 2022 Current assets $ 184.5 $ 54.5 Non-current assets $ 1,344.4 $ 1,275.1 Current liabilities $ 61.1 $ 8.3 Non-current liabilities $ 552.3 $ 548.5 Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Revenues $ 151.4 $ 162.6 $ 373.1 $ 334.8 Gross profit $ 54.5 $ 53.5 $ 132.8 $ 123.7 Operating income $ 47.9 $ 46.6 $ 114.5 $ 107.9 Net income $ 61.9 $ 40.1 $ 148.6 $ 97.3

Inventory

Inventory	9 Months Ended
	Sep. 30, 2023
Inventory Disclosure [Abstract]
Inventory	InventoryCrude oil feedstocks, refined products, blendstocks and asphalt inventory for all of our operations, excluding merchandise inventory in our retail segment, are stated at the lower of cost determined using the first-in, first-out ("FIFO") basis or net realizable value. Retail merchandise inventory consists of cigarettes, beer, convenience merchandise and food service merchandise and is stated at estimated cost as determined by the retail inventory method. The following table presents the components of inventory for each period presented: Titled Inventory Inventory Intermediation Agreement (1) Total September 30, 2023 Feedstocks, raw materials and supplies $ 371.6 $ 156.7 $ 528.3 Refined products and blendstock 283.7 335.2 618.9 Merchandise inventory and other 32.0 — 32.0 Total $ 687.3 $ 491.9 $ 1,179.2 December 31, 2022 Feedstocks, raw materials and supplies $ 479.7 $ 163.8 $ 643.5 Refined products and blendstock 490.8 354.8 845.6 Merchandise inventory and other 29.4 — 29.4 Total $ 999.9 $ 518.6 $ 1,518.5 (1) Refer to Note 8 - Inventory Intermediation Obligations for further information. At September 30, 2023, we recorded a pre-tax inventory valuation reserve of $5.0 million due to a market price decline below our cost of certain inventory products. At December 31, 2022, we recorded a pre-tax inventory valuation reserve of $11.2 million. We recognized a net reduction (increase) in cost of materials and other in the accompanying condensed consolidated statements of income related to the change in pre-tax inventory valuation of $(3.4) million and $6.2 million for the three and nine months ended September 30, 2023, respectively, and $(20.3) million and $(19.1) million for the three and nine months ended September 30, 2022, respectively.

Inventory Intermediation Obliga

Inventory Intermediation Obligations	9 Months Ended
	Sep. 30, 2023
Other Liabilities Disclosure [Abstract]
Inventory Intermediation Obligations	Inventory Intermediation Obligations The following table summarizes our outstanding obligations under our Inventory Intermediation Agreement and Supply and Offtake Agreements: As of September 30, 2023 As of December 31, 2022 Obligations under Inventory Intermediation Agreement Obligations related to Base Layer Volumes $ 502.2 $ 491.8 Current portion — 49.9 Total obligations under Inventory Intermediation Agreement $ 502.2 $ 541.7 Other (receivable) payable for monthly activity true-up $ (11.7) $ 5.6 Obligations under Supply and Offtake Agreements Other (receivable) payable for monthly activity true-up $ — $ (34.9) Included in the Inventory Intermediation Agreement and Supply and Offtake Agreements are cost of financing associated with the value of the inventory and other periodic charges, which we include in interest expense, net in the condensed consolidated statements of income. In addition to the cost of financing charges, we have other intermediation fees which include market structure settlements, where we may pay or receive amounts based on market conditions and volumes subject to the intermediation agreement. These market structure settlements are recorded in cost of materials and other in the condensed consolidated statements of income. The following table summarizes these fees: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Net fees and expenses: Inventory intermediation fees $ 58.3 $ 16.4 $ 71.8 $ 54.1 Interest expense, net $ 16.5 $ 5.9 $ 46.1 $ 16.1 Inventory Intermediation Agreement On December 22, 2022, Delek entered into an inventory intermediation agreement ("Inventory Intermediation Agreement") with Citigroup Energy Inc. ("Citi") in connection with DK Trading & Supply, LLC ("DKTS"), an indirect subsidiary of Delek. Pursuant to the Inventory Intermediation Agreement, Citi will (i) purchase from and sell to DKTS crude oil and other petroleum feedstocks in connection with refining processing operations at El Dorado, Big Spring, and Krotz Springs, (ii) purchase from and sell to DKTS all refined products produced by such refineries other than certain excluded products and (iii) in connection with such purchases and sales, DKTS will enter into certain market risk hedges in each case, on the terms and subject to certain conditions. The Inventory Intermediation Agreement results in up to $800 million of working capital capacity for DKTS. The Inventory Intermediation Agreement expires December 30, 2024, subject to an extension that can be executed by Citi for an additional twelve months. Prior to December 30, 2022, Delek had Supply and Offtake Agreements (the "Supply and Offtake Agreements" or the "J. Aron Agreements") with J. Aron & Company ("J. Aron"). The Inventory Intermediation Agreement replaced the Supply and Offtake Agreements that expired on December 30, 2022. On September 18, 2023, DKTS entered into a letter agreement to the Inventory Intermediation Agreement with Citi to temporarily increase its letter of credit issued to Citi by $180.0 million which allowed DKTS to defer payments of certain obligations under the Inventory Intermediation Agreement until October 2023. These deferred obligations were subject to applicable interest charges. As of September 30, 2023, we had letters of credit outstanding of $260.0 million supporting the Inventory Intermediation Agreement. The Inventory Intermediation Agreement provides for the lease to Citi of crude oil and refined product storage facilities. At the inception of the Inventory Intermediation Agreement, we transferred title to a certain number of barrels of crude and other inventories to Citi, and the Inventory Intermediation Agreement requires the repurchase of the remaining inventory (including certain "Base Layer Volumes") at termination. As of September 30, 2023 and December 31, 2022, the volumes subject to the Inventory Intermediation Agreement totaled 5.4 million barrels and 6.3 million barrels, including Base Layer Volumes associated with our non-current inventory intermediation obligation of 5.5 million barrels. The Inventory Intermediation Agreement is accounted for as an inventory financing arrangement under the fair value election provided by ASC 815 Derivatives and Hedging ("ASC 815") and ASC 825, Financial Instruments ("ASC 825"). Therefore, the crude oil and refined products barrels subject to the Inventory Intermediation Agreement will continue to be reported in our condensed consolidated balance sheets until processed and sold to a third party. At each reporting period, we record a liability equal to the repurchase obligation to Citi at current market prices. The repurchase obligations associated with the Base Layer Volumes are reflected as non-current liabilities on our condensed consolidated balance sheet to the extent that they are not contractually due within twelve months. The remaining obligation resulting from our monthly activity, including long and short inventory positions valued at market-indexed pricing, are included in current liabilities (or receivables) on our condensed consolidated balance sheet. Gains (losses) related to changes in fair value due to commodity-index price are recorded as a component of cost of materials and other in the condensed consolidated statements of income. With respect to the repurchase obligation, we recognized losses attributable to changes in fair value due to commodity-index price totaling $83.5 million and $44.5 million during the three and nine months ended September 30, 2023, respectively. Supply & Offtake Agreements Prior to December 30, 2022, Delek was a party to Supply and Offtake Agreements with J. Aron in connection with its El Dorado, Big Spring and Krotz Springs refineries. Pursuant to the Supply and Offtake Agreements, (i) J. Aron agreed to sell to us, and we agreed to buy from J. Aron, at market prices, crude oil for processing at these refineries and (ii) we agreed to sell, and J. Aron agreed to buy, at market prices, certain refined products produced at these refineries. The repurchase of Baseline Volumes at the end of the Supply and Offtake Agreement term (representing the "Baseline Step-Out Liability" or, collectively, the "Baseline Step-Out Liabilities") continued to be recorded at fair value under the fair value election included under ASC 815 and ASC 825. The Baseline Step-Out Liabilities had a floating component whose fair value reflected changes to commodity price risk with changes in fair value recorded in cost of materials. For the three and nine months ended September 30, 2022, we recognized gains (losses) in cost of materials and other attributable to changes in fair value due to commodity-index price totaling $124.2 million and $(82.6) million, respectively.

Long-Term Obligations

Long-Term Obligations	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Long-Term Obligations	Long-Term Obligations Outstanding borrowings under debt instruments are as follows (in millions): September 30, 2023 December 31, 2022 Delek Revolving Credit Facility $ 0.3 $ 450.0 Delek Term Loan Credit Facility 942.9 950.0 Delek Logistics Revolving Facility 811.2 720.5 Delek Logistics Term Loan Facility 288.7 300.0 Delek Logistics 2025 Notes 250.0 250.0 Delek Logistics 2028 Notes 400.0 400.0 United Community Bank Revolver 5.0 50.0 Principle amount of long-term debt 2,698.1 3,120.5 Less: Unamortized discount and deferred financing costs (60.1) (66.8) Total debt, net of unamortized discount and deferred financing costs 2,638.0 3,053.7 Less: Current portion of long-term debt 29.5 74.5 Long-term debt, net of current portion $ 2,608.5 $ 2,979.2 Delek Term Loan Credit Facility The Delek Term Loan Credit Facility principal of $950.0 million was drawn on November 18, 2022 at a discount of 4.00%. This senior secured facility allows for $400.0 million in incremental loans subject to certain restrictions. Repayment terms include quarterly principal payments of $2.4 million with the balance of principal due on November 19, 2029. At Delek’s option, borrowings bear interest at either the Adjusted Term Secured Overnight Financing Rate ("SOFR") or base rate as defined by the agreement, plus an applicable margin of 2.50% per annum with respect to base rate borrowings and 3.50% per annum with respect to SOFR borrowings. At September 30, 2023 and December 31, 2022, the weighted average borrowing rate was approximately 8.92% and 7.92%; respectively. The effective interest rate was 10.16% as of September 30, 2023. Delek Logistics Term Loan Facility The Delek Logistics Term Loan Facility principal of $300.0 million was drawn on October 13, 2022. On November 6, 2023, Delek Logistics entered into a First Amendment, a Second Amendment and a Third Amendment to the Delek Logistics Credit Facility (together, the “Amendments”) to extend the maturity of the Term Loan Facility to April 15, 2025. In addition, the Amendments added a maturity acceleration clause which will accelerate the maturity of the Delek Logistics Term Loan Facility to 180 days prior to the stated maturity date of the Delek Logistics 2025 Notes if any of the Delek Logistics 2025 Notes remain outstanding on that date. This senior secured facility requires four quarterly amortization payments of $3.8 million in 2023, four quarterly amortization payments of $7.5 million in 2024 and one quarterly amortization payment of $7.5 million in 2025 with final maturity and principal due on April 15, 2025. At Delek Logistics' option, borrowings bear interest at either the SOFR or U.S. dollar prime rate, plus an applicable margin. The applicable margin is 2.50% for the first year and 3.00% for the second year for U.S. dollar primate rate borrowings. SOFR borrowings include a credit spread adjustment of 0.10% to 0.25% plus an applicable margin of 3.50% for the first year and 4.00% for the second year. At September 30, 2023 and December 31, 2022, the weighted average borrowing rate was approximately 8.92% and 7.92%, respectively. The effective interest rate was 9.48% as of September 30, 2023. Revolving Credit Facilities Available capacity and amounts outstanding for each of our revolving credit facilities as of September 30, 2023 are shown below (in millions): Total Capacity Outstanding Borrowings Outstanding Letters of Credit Available Capacity Maturity Date Delek Revolving Credit Facility (1) $ 1,100.0 $ 0.3 $ 301.6 $ 798.1 October 26, 2027 Delek Logistics Revolving Facility (2) $ 900.0 $ 811.2 $ — $ 88.8 October 13, 2027 United Community Bank Revolver (3) $ 25.0 $ 5.0 $ — $ 20.0 June 30, 2024 (1) Total capacity includes letters of credit up to $500.0 million. This facility requires a quarterly unused commitment fee based on average commitment usage, currently at 0.30% per annum. Interest is measured at either the SOFR, base rate, or Canadian dollar bankers’ acceptances rate (“CDOR”), plus an applicable margin of 0.25% to 0.75% per annum with respect to base rate borrowings or 1.25% to 1.75% per annum with respect to SOFR and CDOR. As of September 30, 2023 and December 31, 2022, the weighted average interest rate was 6.68% and 5.67%, respectively. (2) The Delek Logistics Revolving Facility's maturity date will accelerate to 180 days prior to the stated maturity date of the Delek Logistics 2025 Notes if any of the Delek Logistics 2025 Notes remain outstanding on that date. Total capacity includes letters of credit up to $115.0 million and $25.0 million for swing line loans. This facility requires a quarterly unused commitment fee based on average commitment usage, currently at 0.50% per annum. Interest is measured at either the U.S. dollar prime rate plus an applicable margin of 1.00% to 2.00% depending on Delek Logistics’ leverage ratio, or a SOFR rate plus a credit spread adjustment of 0.10% to 0.25% and an applicable margin ranging from 2.00% to 3.00% depending on the leverage ratio. As of September 30, 2023 and December 31, 2022, the weighted average interest rate was 8.45% and 7.55%, respectively. (3) Requires a quarterly fee of 0.50% per year on the average unused revolving commitment. The weighted average borrowing rate as of September 30, 2023 and December 31, 2022 was 7.75% and 6.75%, respectively. Delek Logistics Revolving Credit Facility On November 6, 2023, Delek Logistics entered into the Amendments which among other things: (i) increased the U.S. Revolving Credit Commitments (as defined in the Delek Logistics Credit Facility) by an amount equal to $150.0 million, resulting in aggregate lender commitments under the Delek Logistics Revolving Credit Facility in an amount of $1.050 billion and (ii) increased the limit allowed for general unsecured debt (as defined in the Delek Logistics Credit Facility) by an amount equal to $95.0 million, resulting in an unsecured general debt limit of $150.0 million. United Community Bank Revolver On June 9, 2023, we amended the United Community Bank Revolver to reduce commitments from $50.0 million to $25.0 million and extended the maturity date to June 30, 2024. Delek Logistics 2025 Notes Our Delek Logistics 2025 Notes are general unsecured senior obligations comprised of $250.0 million in aggregate principal of 6.75% senior notes maturing on May 15, 2025. The Delek Logistics 2025 Notes are unconditionally guaranteed jointly and severally on a senior unsecured basis by Delek Logistics' existing subsidiaries (other than Finance Corp.) and will be unconditionally guaranteed on the same basis by certain of Delek Logistics' future subsidiaries. Interest is payable semi-annually in arrears on May 15 and November 15. As of September 30, 2023, the effective interest rate was 7.18%. Delek Logistics 2028 Notes Our Delek Logistics 2028 Notes are general unsecured senior obligations comprised of $400.0 million in aggregate principal amount of 7.125% senior notes maturing June 1, 2028. The Delek Logistics 2028 Notes are unconditionally guaranteed jointly and severally on a senior unsecured basis by Delek Logistics’ subsidiaries (other than Finance Corp.) and will be unconditionally guaranteed on the same basis by certain of Delek Logistics’ future subsidiaries. Interest is payable semi-annually in arrears on June 1 and December 1. As of September 30, 2023, the effective interest rate was 7.39%. Guarantees Under Revolver and Term Facilities The obligations of the borrowers under the Delek Term Loan Credit Facility and the Delek Revolving Credit Facility are guaranteed by Delek and each of its direct and indirect, existing and future, wholly-owned domestic subsidiaries, subject to customary exceptions and limitations, and excluding Delek Logistics Partners, LP, Delek Logistics GP, LLC, and each subsidiary of the foregoing (collectively, the "MLP Subsidiaries"). Borrowings under the Delek Term Loan Credit Facility and the Delek Revolving Credit Facility are also guaranteed by DK Canada Energy ULC, a British Columbia unlimited liability company and a wholly-owned restricted subsidiary of Delek. The obligations under the Delek Logistics Revolving Facility and Term Loan Facility are secured by first priority liens on substantially all of Delek Logistics' tangible and intangible assets. Restrictive Terms and Covenants Under the terms of our debt facilities, we are required to comply with usual and customary financial and non-financial covenants. Certain of our debt facilities contain limitations on future transactions such as incurrence of additional indebtedness, investments, affiliate transactions, asset acquisitions or dispositions, and dividends or distributions. As of September 30, 2023, we were in compliance with covenants on all of our debt instruments. Some of Delek's subsidiaries have restrictions in their respective credit facilities limiting their use of assets. As of September 30, 2023, we had no subsidiaries with restricted net assets which would prohibit earnings from being transferred to the parent company for its use.

Derivative Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments We use the majority of our derivatives to reduce normal operating and market risks with the primary objective of reducing the impact of market price volatility on our results of operations. As such, our use of derivative contracts is aimed at: • limiting our exposure to commodity price fluctuations on inventory above or below target levels (where appropriate) within each of our segments; • managing our exposure to commodity price risk associated with the purchase or sale of crude oil, feedstocks/intermediates and finished grade fuel within each of our segments; • managing our exposure to market crack spread fluctuations; • managing the cost of our Renewable Identification Numbers ("RINs") credits required by the U.S. Environmental Protection Agency ("EPA") to blend biofuels into fuel products ("RINs Obligation") using future commitments to purchase or sell RINs at fixed prices and quantities; and • limiting the exposure to interest rate fluctuations on our floating rate borrowings. We primarily utilize commodity swaps, futures, forward contracts and options contracts, generally with maturity dates of three years or less, and from time to time interest rate swaps or caps to achieve these objectives. Futures contracts are standardized agreements, traded on a futures exchange, to buy or sell the commodity at a predetermined price and location at a specified future date. Options provide the right, but not the obligation to buy or sell a commodity at a specified price in the future. Commodity swaps and futures contracts require cash settlement for the commodity based on the difference between a fixed or floating price and the market price on the settlement date, and options require payment/receipt of an upfront premium. Because these derivatives are entered into to achieve objectives specifically related to our inventory and production risks, such gains and losses (to the extent not designated as accounting hedges and recognized on an unrealized basis in other comprehensive income) are recognized in cost of materials and other. Forward contracts are agreements to buy or sell a commodity at a predetermined price at a specified future date, and for our transactions, generally require physical delivery. Forward contracts where the underlying commodity will be used or sold in the normal course of business qualify as normal purchases and normal sales ("NPNS") pursuant to ASC 815. If we elect the NPNS exception, such forward contracts are not accounted for as derivative instruments but rather are accounted for under other applicable GAAP. Commodity forward contracts accounted for as derivative instruments are recorded at fair value with changes in fair value recognized in earnings in the period of change. Our Canadian crude trading operations are accounted for as derivative instruments, and the related unrealized and realized gains and losses are recognized in other operating income, net on the condensed consolidated statements of income. Additionally, as of and for the three and nine months ended September 30, 2023, other forward contracts accounted for as derivatives that are specific to managing crude costs rather than for trading purposes are recognized in cost of materials and other on the condensed consolidated statements of income in our refining segment, and are included in our disclosures of commodity derivatives in the tables below. Futures, swaps or other commodity related derivative instruments that are utilized to specifically provide economic hedges on our Canadian forward contract or investment positions are recognized in other operating income, net because that is where the related underlying transactions are reflected. From time to time, we also enter into future commitments to purchase or sell RINs at fixed prices and quantities, which are used to manage the costs associated with our RINs Obligation. These future RINs commitment contracts meet the definition of derivative instruments under ASC 815, and are recorded at estimated fair value in accordance with the provisions of ASC 815. Changes in the fair value of these future RINs commitment contracts are recorded in cost of materials and other on the condensed consolidated statements of income. As of September 30, 2023, we do not believe there is any material credit risk with respect to the counterparties to any of our derivative contracts. The following table presents the fair value of our derivative instruments as of September 30, 2023 and December 31, 2022. The fair value amounts below are presented on a gross basis and do not reflect the netting of asset and liability positions permitted under our master netting arrangements, including cash collateral on deposit with our counterparties. We have elected to offset the recognized fair value amounts for multiple derivative instruments executed with the same counterparty in our financial statements. As a result, the asset and liability amounts below differ from the amounts presented in our condensed consolidated balance sheets. See Note 11 for further information regarding the fair value of derivative instruments (in millions). September 30, 2023 December 31, 2022 Derivative Type Balance Sheet Location Assets Liabilities Assets Liabilities Derivatives not designated as hedging instruments: Commodity derivatives (1) Other current assets $ 116.9 $ (126.6) $ 217.1 $ (204.4) Commodity derivatives (1) Other current liabilities 19.5 (20.4) 101.0 (129.5) Commodity derivatives (1) Other long-term assets 0.6 (0.6) 1.1 (0.8) RINs commitment contracts (2) Other current assets 2.1 — 9.7 — RINs commitment contracts (2) Other current liabilities — (3.3) — (6.6) Total gross fair value of derivatives 139.1 (150.9) 328.9 (341.3) Less: Counterparty netting and cash collateral (3) 124.8 (146.6) 306.2 (320.0) Total net fair value of derivatives $ 14.3 $ (4.3) $ 22.7 $ (21.3) (1) As of September 30, 2023 and December 31, 2022, we had open derivative positions representing 86,907,586 and 158,307,020 barrels, respectively, of crude oil and refined petroleum products. Additionally, as of September 30, 2023 and December 31, 2022, we had open derivative positions representing 1,705,000 and 2,310,000 million British Thermal Units ("MMBTU"), respectively, of natural gas products. (2) As of September 30, 2023 and December 31, 2022, we had open RINs commitment contracts representing 17,000,000 and 259,022,967 RINs, respectively. (3) As of September 30, 2023 and December 31, 2022, $21.8 million and $13.8 million, respectively, of cash collateral held by counterparties has been netted with the derivatives with each counterparty. Total gains (losses) on our non-trading commodity derivatives and RINs commitment contracts recorded in the condensed consolidated statements of income are as follows (in millions) (2) : Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Gains (losses) on hedging derivatives not designated as hedging instruments recognized in cost of materials and other (1) $ (97.1) $ 78.0 $ (86.4) $ (27.7) Gains (losses) on non-trading physical forward contract commodity derivatives in cost of materials and other — 0.3 (2.4) 5.1 Losses on hedging derivatives not designated as hedging instruments recognized in operating expenses — — — (1.7) Total gains (losses) $ (97.1) 78.3 $ (88.8) $ (24.3) (1) Gains (losses) on commodity derivatives that are economic hedges but not designated as hedging instruments include unrealized gains (losses) of $(78.8) million and $(55.5) million for the three and nine months ended September 30, 2023 , respectively, and $24.8 million and $20.2 million for the three and nine months ended September 30, 2022, respectively. (2) See separate table below for disclosures about "trading derivatives." Total gains (losses) on our trading derivatives (none of which were designated as hedging instruments) recorded in other operating (income) expense, net on the condensed consolidated statements of income are as follows (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Trading Physical Forward Contract Commodity Derivatives Realized (losses) gains $ 0.8 $ 1.2 $ 8.0 $ 19.7 Unrealized gains (losses) — — 0.1 (0.3) Total $ 0.8 $ 1.2 $ 8.1 $ 19.4 Trading Hedging Commodity Derivatives Realized (losses) gains $ (0.4) $ (0.3) $ (2.1) $ 11.6 Unrealized gains (losses) 0.2 0.7 2.5 (15.8) Total $ (0.2) $ 0.4 $ 0.4 $ (4.2)

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Our assets and liabilities that are measured at fair value include commodity derivatives, investment commodities, environmental credits obligations, our Inventory Intermediation Agreement, and Supply and Offtake Agreements. ASC 820, Fair Value Measurements ("ASC 820"), requires disclosures that categorize assets and liabilities measured at fair value into one of three different levels depending on the observability of the inputs employed in the measurement. Level 1 inputs are quoted prices in active markets for identical assets or liabilities. Level 2 inputs are observable inputs other than quoted prices included within Level 1 for the asset or liability, either directly or indirectly through market-corroborated inputs. Level 3 inputs are unobservable inputs for the asset or liability reflecting our assumptions about pricing by market participants. Our commodity derivative contracts, which consist of commodity swaps, exchange-traded futures, options and physical commodity forward purchase and sale contracts (that do not qualify for the NPNS exception under ASC 815), are valued based on exchange pricing and/or price index developers such as Platts or Argus and are, therefore, classified as Level 2. To the extent that we have purchased RINs or transferred RINs to our refineries, each refinery’s RINs Obligation may be a surplus or deficit at the end of each reporting period (their respective “Net RINs Obligation”). Because our Net RINs Obligations exceed the RINs we are able to generate annually on a consolidated basis, and because we have the legal ability to transfer RINs generated or purchased through any of our entities to our obligated parties as needed, we view and manage the Company’s individual Net RINs Obligations, as well as any non-obligated party RINs holdings, on a consolidated basis. Therefore, the sum of our individual obligated parties’ Net RINs Obligations as well as RINs held by our non-obligated parties which meet our recognition criteria, comprises the Company’s “Consolidated Net RINs Obligation.” Our RINs commitment contracts are future commitments to purchase or sell RINs at fixed prices and quantities, which are used to manage the costs associated with our Consolidated Net RINs Obligation. These RINs commitment contracts (which are forward contracts accounted for as derivatives – see Note 10) are categorized as Level 2, and are measured at fair value based on quoted prices from an independent pricing service. Our environmental credits obligation surplus or deficit includes the Consolidated Net RINs Obligation surplus or deficit, as well as other environmental credit obligation surplus or deficit positions subject to fair value accounting pursuant to our accounting policy. The environmental credits obligation surplus or deficit is categorized as Level 2, if measured at fair value either directly through observable inputs or indirectly through market-corroborated inputs, and gains (losses) related to changes in fair value are recorded as a component of cost of materials and other in the consolidated statements of income. With respect to our Consolidated Net RINs Obligation surplus or deficit, we recognized gains (losses) on changes in fair value totaling $3.6 million and $1.8 million for the three and nine months ended September 30, 2023, respectively, and $(12.6) million and $(53.6) million for the three and nine months ended September 30, 2022, respectively, primarily attributable to changes in the market prices of the underlying credits that occurred at the end of each quarter. As of and for the three and nine months ended September 30, 2023 and 2022, we elected to account for our Inventory Intermediation step-out liability and our J. Aron step-out liability at fair value in accordance with ASC 825, as it pertains to the fair value option. This standard permits the election to carry financial instruments and certain other items similar to financial instruments at fair value on the balance sheet, with all changes in fair value reported in earnings. With respect to the Inventory Intermediation Agreement and the amended and restated Supply and Offtake Agreements, we apply fair value measurement as follows: (1) we determine fair value for our amended variable step-out liability based on changes in fair value related to market volatility based on a floating commodity-index price, and for our amended fixed step-out liability based on changes to interest rates and the timing and amount of expected future cash settlements where such obligation is categorized as Level 2. Gains (losses) related to changes in fair value due to commodity-index price are recorded as a component of cost of materials and other, and changes in fair value due to interest rate risk are recorded as a component of interest expense in the condensed consolidated statements of income; and (2) we determine fair value of the commodity-indexed revolving over/short inventory financing liability based on the market prices for the consigned crude oil and refined products collateralizing the financing/funding where such obligation is categorized as Level 2 and is presented in the current portion of the Obligation under Inventory Intermediation Agreement on our condensed consolidated balance sheets. Gains (losses) related to the change in fair value are recorded as a component of cost of materials and other in the consolidated statements of income. See Note 8 for discussion of gains and losses recognized from changes in fair value. The fair value of the Delek Logistics 2028 Notes is measured based on quoted market prices in an active market, defined as Level 1 in the fair value hierarchy. The carrying value (excluding unamortized debt issuance costs) and estimated fair value of these notes was $400.0 million and $365.5 million, respectively, as of September 30, 2023, and $400.0 million and $359.7 million, respectively, at December 31, 2022. The fair value approximates the historical or amortized cost basis comprising our carrying value for all other financial instruments and therefore are not included in the table below. The fair value hierarchy for our financial assets and liabilities accounted for at fair value on a recurring basis was as follows (in millions): As of September 30, 2023 Level 1 Level 2 Level 3 Total Assets Commodity derivatives $ — $ 137.0 $ — $ 137.0 RINs commitment contracts — 2.1 — 2.1 Total assets — 139.1 — 139.1 Liabilities Commodity derivatives — (147.6) — (147.6) RINs commitment contracts — (3.3) — (3.3) Environmental credits obligation deficit — (38.8) — (38.8) Inventory Intermediation Agreement obligation — (502.2) — (502.2) Total liabilities — (691.9) — (691.9) Net liabilities $ — $ (552.8) $ — $ (552.8) As of December 31, 2022 Level 1 Level 2 Level 3 Total Assets Commodity derivatives $ — $ 319.2 $ — $ 319.2 RINs commitment contracts — 9.7 — 9.7 Total assets — 328.9 — 328.9 Liabilities Commodity derivatives — (334.7) — (334.7) RINs commitment contracts — (6.6) — (6.6) Environmental credits obligation deficit — (295.5) — (295.5) Inventory Intermediation Agreement obligation — (541.7) — (541.7) Total liabilities — (1,178.5) — (1,178.5) Net liabilities $ — $ (849.6) $ — $ (849.6) The derivative values above are based on analysis of each contract as the fundamental unit of account as required by ASC 820. In the table above, derivative assets and liabilities with the same counterparty are not netted where the legal right of offset exists. This differs from the presentation in the financial statements which reflects our policy, wherein we have elected to offset the fair value amounts recognized for multiple derivative instruments executed with the same counterparty and where the legal right of offset exists. As of September 30, 2023 and December 31, 2022, $21.8 million and $13.8 million, respectively, of cash collateral was held by counterparty brokerage firms and has been netted with the net derivative positions with each counterparty. See Note 10 for further information regarding derivative instruments. Non-Recurring Fair Value Measurements The Delaware Gathering Acquisition was accounted for as a business combination using the acquisition method of accounting, with the assets acquired and liabilities assumed at their respective acquisition date fair values at the closing date. The fair value measurements were based on a combination of valuation methods including discounted cash flows, the market approach and obsolescence adjusted replacement costs, all of which are Level 3 inputs.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation In the ordinary conduct of our business, we are from time to time subject to lawsuits, investigations and claims, including environmental claims and employee-related matters. Although we cannot predict with certainty the ultimate resolution of lawsuits, investigations and claims asserted against us, including civil penalties or other enforcement actions, we do not believe that any currently pending legal proceeding or proceedings to which we are a party will have a material adverse effect on our financial statements. Certain environmental matters that have or may result in penalties or assessments are discussed below in the "Environmental, Health and Safety" section of this note. Environmental, Health and Safety We are subject to extensive federal, state and local environmental and safety laws and regulations enforced by various agencies, including the EPA, the U.S. Department of Transportation and the Occupational Safety and Health Administration, as well as numerous state, regional and local environmental, safety and pipeline agencies. These laws and regulations govern the discharge of materials into the environment, waste management practices, pollution prevention measures and the composition of the fuels we produce, as well as the safe operation of our plants and pipelines and the safety of our workers and the public. Numerous permits or other authorizations are required under these laws and regulations for the operation of our refineries, renewable fuels facilities, terminals, pipelines, underground storage tanks, trucks, rail cars and related operations, and may be subject to revocation, modification and renewal. These laws and permits raise potential exposure to future claims and lawsuits involving environmental and safety matters which could include soil and water contamination, air pollution, personal injury and property damage allegedly caused by substances which we manufactured, handled, used, released or disposed of, transported, or that relate to pre-existing conditions for which we have assumed responsibility. We believe that our current operations are in substantial compliance with existing environmental and safety requirements. However, there have been and will continue to be ongoing discussions about environmental and safety matters between us and federal and state authorities, including notices of violations, citations and other enforcement actions, some of which have resulted or may result in changes to operating procedures and in capital expenditures. While it is often difficult to quantify future environmental or safety related expenditures, we anticipate that continuing capital investments and changes in operating procedures will be required for the foreseeable future to comply with existing and new requirements, as well as evolving interpretations and more strict enforcement of existing laws and regulations. As of September 30, 2023, we have recorded an environmental liability of approximately $114.7 million, primarily related to the estimated probable costs of remediating or otherwise addressing certain environmental issues of a non-capital nature at our refineries, as well as terminals, some of which we no longer own. This liability includes estimated costs for ongoing investigation and remediation efforts for known contamination of soil and groundwater. Approximately $3.1 million of the total liability is expected to be expended over the next 12 months, with most of the balance expended by 2032, although some costs may extend up to 30 years. In the future, we could be required to extend the expected remediation period or undertake additional investigations of our refineries, pipelines and terminal facilities, which could result in the recognition of additional remediation liabilities. Included in our environmental liabilities as of both September 30, 2023 and December 31, 2022 is a liability totaling $78.5 million related to a property that we have historically operated as an asphalt and marine fuel terminal both as an owner and, subsequently, as a lessee under an in-substance lease agreement (the “License Agreement”). The License Agreement, which provided us the license to continue operating our asphalt and marine fuel terminal operations on the property for a term of ten years and expired in June 2020, also ascribed a contractual noncontingent indemnification guarantee to certain of our wholly-owned subsidiaries related to certain incremental environmental remediation activities, predicated on the completion of certain property development activities ascribed to the lessor. Our combined liability, comprised of our environmental liability plus the estimated fair value of the noncontingent guarantee liability, was recorded in connection with the Delek/Alon Merger, effective July 1, 2017. While the License Agreement expired in June 2020, it is currently being disputed in litigation where we have determined that no loss accrual is necessary and that the amount of incremental loss that is reasonably possible is immaterial as of September 30, 2023. Such ongoing dispute causes sufficient uncertainty around the release of risk and the appropriate joint and several liability allocations thereunder that we cannot currently determine a more reasonable estimate of the potential total contingent liability that is probable, nor do we have sufficient information to better estimate the fair value of any remaining noncontingent guarantee liability. As such, as of September 30, 2023 and December 31, 2022, except for accretion and expenditures, our combined environmental liability related to the terminal and property remained unchanged. We are also subject to various regulatory requirements related to carbon emissions and the compliance requirements to remit environmental credit obligations due to the EPA or other regulatory agencies, the most significant of which relates to the RINs Obligation subject to the EPA’s Renewable Fuel Standard - 2 ("RFS-2") regulations. The RFS-2 regulations are highly complex and evolving, requiring us to periodically update our compliance systems. As part of our on-going monitoring and compliance efforts, on an annual basis we engage a third party to perform procedures to review our RINs inventory, processes and compliance. The results of such procedures may include procedural findings but may also include findings regarding the usage of RINs to meet past obligations, the treatment of exported RINs, and the propriety of RINs on-hand and related adjustments to our RINs inventory, which (to the extent they are valued) offset our RINs Obligation. Such adjustments may also require communication with the EPA if they involve reportable non-compliance which could lead to the assessment of penalties. Other Losses and Contingencies Delek maintains property damage insurance policies which have varying deductibles. Delek also maintains business interruption insurance policies, with varying coverage limits and waiting periods. Covered losses in excess of the deductible and outside of the waiting period will be recoverable under the property and business interruption insurance policies. El Dorado Refinery Fire On February 27, 2021, our El Dorado refinery experienced a fire in its Penex unit. Contrary to initial assessments, and despite occurring during the early stages of turnaround activity, the facility suffered operational disruptions as a result of the fire. We recognized a gain of $0.2 million and $1.1 million during the three and nine months ended September 30, 2023, respectively, and a gain of $0.5 million and $8.1 million during the three and nine months ended September 30, 2022, respectively, related to business interruption claims. This gain is included in other operating income in the condensed consolidated statements of income. Additionally, during the three and nine months ended September 30, 2023, we accrued an additional $8.0 million for uncovered litigation, claims and assessments associated with the fire, which are included in operating expenses in the condensed consolidated statements of income. In October 2023, we entered into a settlement agreement with six employees who were injured in the fire. Net impact to us after considering insurance coverage is approximately $10.0 million. If applicable, we accrue receivables for probable insurance or other third-party recoveries. Work to determine the full extent of covered business interruption and property and casualty losses and potential insurance claims is ongoing and may result in the future recognition of insurance recoveries. Big Spring Refinery Fire On November 29, 2022, our Big Spring refinery experienced a fire in its diesel hydrotreater unit. The facility suffered operational disruptions as a result of the fire. Accelerated depreciation due to property damaged in the fire was immaterial. We incurred repair costs that may be recoverable under property and casualty insurance policies and we submitted a claim in 2023. We recognized accelerated depreciation in 2022 due to property damaged in the fire, which was recovered during the three and nine months ended September 30, 2023. An additional $3.3 million was recognized as a gain, in excess of these losses, during the three and nine months ended September 30, 2023. This gain is included in other operating income in the condensed consolidated statements of income. If applicable, we accrue receivables for probable insurance or other third-party recoveries. Work to determine the full extent of covered property losses and potential insurance claims is ongoing and may result in the future recognition of insurance recoveries. Winter Storm Uri

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Under ASC 740, Income Taxes (“ASC 740”) we used an estimated annual tax rate to record income taxes for the three and nine months ended September 30, 2023 and September 30, 2022. Our effective tax rate was 18.8% and 17.4% for the three and nine months ended September 30, 2023, respectively, and 19.2% and 21.2% for the three and nine months ended September 30, 2022, respectively. The difference between the effective tax rate and the statutory rate is generally attributable to permanent differences and discrete items. The change in our effective tax rate for the three and nine months ended September 30, 2023 as compared to the three and nine months ended September 30, 2022 was primarily due to a change in pre-tax earnings and the impact fixed dollar favorable permanent differences on the tax rate, and adjustments to the third quarter estimated annual effective tax rate applied to year to date earnings.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Our related party transactions consist primarily of transactions with our equity method investees (See Note 6). Transactions with our related parties were as follows for the periods presented (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Revenues (1) $ 35.8 $ 37.8 $ 85.7 $ 81.7 Cost of materials and other (2) $ 54.3 $ 34.7 $ 152.4 $ 81.8 (1) Consists primarily of asphalt sales which are recorded in corporate, other and eliminations segment. (2) Consists primarily of pipeline throughput fees paid by the refining segment and asphalt purchases.

Other Current Assets and Liabil

Other Current Assets and Liabilities	9 Months Ended
	Sep. 30, 2023
Other Current Assets and Liabilities [Abstract]
Other Current Assets and Liabilities	Other Current Assets and Liabilities The detail of other current assets is as follows (in millions): Other Current Assets September 30, 2023 December 31, 2022 Prepaid expenses $ 42.5 $ 45.4 Short-term derivative assets (see Note 10) 14.2 22.4 Investment commodities 11.5 29.8 Income and other tax receivables 9.9 20.9 Other 7.5 4.2 Total $ 85.6 $ 122.7 The detail of accrued expenses and other current liabilities is as follows (in millions): Accrued Expenses and Other Current Liabilities September 30, 2023 December 31, 2022 Product financing agreements $ 260.8 $ 258.0 El Dorado refinery fire settlement (1) 177.5 2.0 Crude purchase liabilities 146.9 268.7 Income and other taxes payable 145.2 120.4 Employee costs 57.1 89.2 Consolidated Net RINs Obligation deficit (see Note 11) 38.8 295.5 Deferred revenue 13.8 44.6 Short-term derivative liabilities (see Note 10) 4.2 21.3 Other 72.2 67.1 Total $ 916.5 $ 1,166.8 (1) Refer to Note 12 - Commitments and Contingencies for further information.

Equity-Based Compensation

Equity-Based Compensation	9 Months Ended
	Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]
Equity-Based Compensation	Equity-Based Compensation Delek US Holdings, Inc. 2006 and 2016 and Alon USA Energy, Inc. 2005 Long-Term Incentive Plans (collectively, the "Incentive Plans") On May 3, 2023, the Company's stockholders approved an amendment to the Delek US Holdings, Inc. 2016 Long-Term Incentive Plan that increased the number of shares of common stock available for issuance under this plan by 2,015,000 shares to 17,010,000 shares. Compensation expense related to equity-based awards granted under the Incentive Plans amounted to $7.2 million and $18.0 million for the three and nine months ended September 30, 2023, respectively, and $7.3 million and $19.1 million for the three and nine months ended September 30, 2022, respectively. These amounts are included in general and administrative expenses and operating expenses in the accompanying condensed consolidated statements of income. As of September 30, 2023, there was $47.5 million of total unrecognized compensation cost related to non-vested share-based compensation arrangements, which is expected to be recognized over a weighted-average period of 1.6 years. We issued net shares of common stock of 48,154 and 409,993 as a result of exercised or vested equity-based awards during the three and nine months ended September 30, 2023, respectively, and 53,522 and 389,293 for the three and nine months ended September 30, 2022, respectively. These amounts are net of 59,836 and 205,944 shares withheld to satisfy employee tax obligations related to the exercises and vesting during the three and nine months ended September 30, 2023, respectively, and 50,521 and 318,684 shares during the three and nine months ended September 30, 2022, respectively.

Shareholders' Equity

Shareholders' Equity	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Shareholders' Equity	Shareholders' Equity Dividends For 2023, our Board of Directors declared the following dividends: Approval Date Dividend Amount Per Share Record Date Payment Date February 27, 2023 $0.220 March 10, 2023 March 17, 2023 May 2, 2023 $0.230 May 15, 2023 May 22, 2023 August 4, 2023 $0.235 August 14, 2023 August 21, 2023 November 1, 2023 $0.240 November 13, 2023 November 20, 2023 Stock Repurchase Program Our Board of Directors has authorized a share repurchase program under which repurchases of Delek common stock may be executed through open market transactions or privately negotiated transactions, in accordance with applicable securities laws. The timing, price and size of repurchases are made at the discretion of management and will depend on prevailing share prices, general economic and market conditions and other considerations. The authorization has no expiration date. During the three and nine months ended September 30, 2023, 981,690 and 2,793,317 shares of our common stock were repurchased and cancelled at the time of transaction for a total of $25.0 million and $65.4 million, respectively. During both the three and nine months ended September 30, 2022, 1,435,602 shares were repurchased and cancelled at the time of the transaction for a total of $40.0 million. As of September 30, 2023, there was $205.1 million of authorization remaining under Delek's aggregate stock repurchase program. Stock Purchase and Cooperation Agreement On March 7, 2022, Delek entered into a stock purchase and cooperation agreement (the “Icahn Group Agreement”) with IEP Energy Holding LLC, a Delaware limited liability company, American Entertainment Properties Corp., a Delaware corporation, Icahn Enterprises Holdings L.P., a Delaware limited partnership, Icahn Enterprises G.P. Inc., a Delaware corporation, Beckton Corp., a Delaware corporation, and Carl C. Icahn (collectively, the “Icahn Group”), pursuant to which the Company purchased an aggregate of 3,497,268 shares of Company common stock from the Icahn Group at a price per share of $18.30, the closing price of a share of Company common stock on the NYSE on March 4, 2022. The aggregate purchase price of $64.0 million was funded from cash on hand. All 3,497,268 shares were cancelled at the time of the transaction. Under the terms of the Icahn Group Agreement, the Icahn Group withdrew its notice of nomination for members of the Company’s board of directors at the Company’s 2022 annual meeting of stockholders. Under the terms of the Icahn Group Agreement, the Icahn Group agreed to standstill restrictions which require, among other things, that until the completion of the Company’s 2023 annual meeting of stockholders, the Icahn Group will refrain from acquiring additional shares of the Company Common Stock.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Stock Repurchases Subsequent to September 30, 2023, we made repurchases of 769,450 shares of our common stock that were cancelled at the time of transaction for approximately $20.0 million.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 128.7	$ 7.4	$ 184.7	$ 375.8

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	9 Months Ended
	Sep. 30, 2023 shares	Sep. 30, 2023 shares
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Termination Date	September 27, 2023
Reuven Spiegel [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement		On August 10, 2023, Reuven Spiegel, Executive Vice President & Chief Financial Officer, adopted a Rule 10b5-1 trading arrangement for the sale of up to 13,500 shares of our common stock, subject to certain conditions. The arrangement's expiration date is April 11, 2025.
Name	Reuven Spiegel
Title	Executive Vice President & Chief Financial Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	August 10, 2023
Arrangement Duration	610 days
Aggregate Available	13,500	13,500
Robert G. Wright [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement		On August 11, 2023, Robert G. Wright, Senior Vice President, Chief Accounting Officer, adopted a Rule 10b5-1 trading arrangement for the sale of up to 7,735 shares of our common stock, subject to certain conditions. The arrangement's expiration date is November 1, 2024.
Name	Robert G. Wright
Title	Senior Vice President, Chief Accounting Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	August 11, 2023
Arrangement Duration	448 days
Aggregate Available	7,735	7,735
Laurie Tolson [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement		On September 6, 2023, Laurie Tolson, a member of our Board of Directors, adopted a Rule 10b5-1 trading arrangement for the sale of up to 2,414 shares of common stock subject to certain conditions. The arrangement's expiration date is June 14, 2024.
Name	Laurie Tolson
Title	Board of Directors
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	September 6, 2023
Arrangement Duration	282 days
Aggregate Available	2,414	2,414
Ezra Uzi Yemin [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement		On September 13, 2023, Ezra Uzi Yemin, Executive Chairman of our Board of Directors, adopted a Rule 10b5-1 trading arrangement for the sale of up to 360,000 shares of our common stock, subject to certain conditions. The arrangement's expiration date is December 13, 2024. On September 27, 2023, Mr. Yemin also terminated a Rule 10b5-1 trading arrangement for the sale of up to 13,066 shares of our common stock, subject to certain conditions, that he had entered into on June 3, 2022, with an original expiration date of July 3, 2024.
Name	Ezra Uzi Yemin
Title	Executive Chairman
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	September 13, 2023
Rule 10b5-1 Arrangement Terminated	true
Arrangement Duration	457 days
Ezra Uzi Yemin September 2023 Plan [Member] | Ezra Uzi Yemin [Member]
Trading Arrangements, by Individual
Aggregate Available	360,000	360,000
Ezra Uzi Yemin June 2022 Plan [Member] | Ezra Uzi Yemin [Member]
Trading Arrangements, by Individual
Aggregate Available	13,066	13,066

Organization and Basis of Pre_2

Organization and Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Our condensed consolidated financial statements include the accounts of Delek and its subsidiaries. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with United States ("U.S.") Generally Accepted Accounting Principles ("GAAP") have been condensed or omitted, although management believes that the disclosures herein are adequate to make the financial information presented not misleading. Our unaudited condensed consolidated financial statements have been prepared in conformity with GAAP applied on a consistent basis with those of the annual audited consolidated financial statements included in our Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") on March 1, 2023 (the "Annual Report on Form 10-K") and in accordance with the rules and regulations of the SEC. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto for the year ended December 31, 2022 included in our Annual Report on Form 10-K.
Variable Interest Entities	Our condensed consolidated financial statements include Delek Logistics Partners, LP ("Delek Logistics", NYSE:DKL), which is a variable interest entity ("VIE"). On June 1, 2022, DKL Delaware Gathering, LLC, a subsidiary of the Delek Logistics, acquired 100% of the limited liability company interests in 3 Bear Delaware Holding – NM, LLC ("3 Bear") from 3 Bear Energy – New Mexico LLC (subsequently renamed to Delek Delaware Gathering ("Delaware Gathering")), related to their crude oil and natural gas gathering, processing and transportation businesses, as well as water disposal and recycling operations, located in the Delaware Basin of New Mexico (the "Delaware Gathering Acquisition"). See Note 2 - Acquisitions for additional information. As the indirect owner of the general partner of Delek Logistics, we have the ability to direct the activities of this entity that most significantly impact its economic performance. We are also considered to be the primary beneficiary for accounting purposes for this entity and are Delek Logistics' primary customer. In the event that Delek Logistics incurs a loss, our operating results will reflect such loss, net of intercompany eliminations, to the extent of our ownership interest in this entity.
Consolidation, Policy	In the opinion of management, all adjustments necessary for a fair presentation of the financial condition and the results of operations for the interim periods have been included. All significant intercompany transactions and account balances have been eliminated in consolidation. All adjustments are of a normal, recurring nature. Operating results for the interim period should not be viewed as representative of results that may be expected for any future interim period or for the full year.
Reclassification	Certain prior period amounts have been reclassified in order to conform to the current period presentation.
Segment Reporting	We aggregate our operating units into three reportable segments: Refining, Logistics, and Retail. Operations that are not specifically included in the reportable segments are included in Corporate, Other and Eliminations, which consist of the following: • our corporate activities; • results of certain immaterial operating segments, including our Canadian crude trading operations (as discussed in Note 10); and • intercompany eliminations. During the fourth quarter 2022, we realigned our reportable segments for financial reporting purposes to reflect changes in the manner in which our chief operating decision maker, or CODM, assesses financial information for decision-making purposes. The change primarily represents reporting the operating results of wholesale crude operations within the refining segment. Prior to this change, wholesale crude operations were reported as part of corporate, other and eliminations. While this reporting change did not change our consolidated results, segment data for previous years has been restated and is consistent with the current year presentation throughout the financial statements and the accompanying notes. The disaggregated financial results for the reporting segments have been prepared using a management approach, which is consistent with the basis and manner in which management internally disaggregates financial information for the purposes of assisting internal operating decisions. The CODM evaluates performance based upon EBITDA attributable to Delek. We define EBITDA attributable to Delek for any period as net income (loss) attributable to Delek plus interest expense, income tax expense (benefit), depreciation and amortization. Segment EBITDA should not be considered a substitute for results prepared in accordance with U.S. GAAP and should not be considered alternatives to net income (loss), which is the most directly comparable financial measure to EBITDA that is in accordance with U.S. GAAP. Segment EBITDA, as determined and measured by us, should also not be compared to similarly titled measures reported by other companies.
Inventory	Crude oil feedstocks, refined products, blendstocks and asphalt inventory for all of our operations, excluding merchandise inventory in our retail segment, are stated at the lower of cost determined using the first-in, first-out ("FIFO") basis or net realizable value. Retail merchandise inventory consists of cigarettes, beer, convenience merchandise and food service merchandise and is stated at estimated cost as determined by the retail inventory method.

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Business Acquisitions, by Acquisition	The table below represents the purchase price (in millions): Base purchase price: $ 624.7 Add: closing net working capital (as defined in the 3 Bear Purchase Agreement) 3.6 Less: closing indebtedness (as defined in the 3 Bear Purchase Agreement) (80.6) Cash paid for the adjusted purchase price 547.7 Cash paid to payoff 3 Bear credit agreement (as defined in the 3 Bear Purchase Agreement) 80.6 Purchase price $ 628.3
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the final fair values of assets acquired and liabilities assumed in the Delaware Gathering Acquisition as of June 1, 2022 (in millions): Assets acquired: Cash and cash equivalents $ 2.7 Accounts receivables, net 28.9 Inventories 1.8 Other current assets 1.0 Property, plant and equipment 382.8 Operating lease right-of-use assets 7.4 Goodwill 14.8 Other intangibles, net (1) 223.5 Other non-current assets 0.5 Total assets acquired 663.4 Liabilities assumed: Accounts payable 8.0 Accrued expenses and other current liabilities 22.4 Current portion of operating lease liabilities 1.0 Asset retirement obligations 2.3 Operating lease liabilities, net of current portion 1.4 Total liabilities assumed 35.1 Fair value of net assets acquired $ 628.3 (1) The acquired intangible assets amount includes the following identified intangibles: • Customer relationships intangible that is subject to amortization with a preliminary fair value of $210.0 million, which will be amortized over an 11.6-year useful life.
Business Acquisition, Pro Forma Information	The following table summarizes the unaudited pro forma financial information of the Company assuming the Delaware Gathering Acquisition had occurred on January 1, 2022. The unaudited pro forma financial information has been adjusted to give effect to certain pro forma adjustments that are directly related to the Delaware Gathering Acquisition based on available information and certain assumptions that management believes are factually supportable. The most significant pro forma adjustments relate to (i) incremental interest expense and amortization of deferred financing costs associated with revolving credit facility borrowings incurred in connection with the Delaware Gathering Acquisition, (ii) incremental depreciation resulting from the estimated fair values of acquired property, plant and equipment, (iii) incremental amortization resulting from the estimated fair values of acquired customer relationships intangible (iv) accounting policy alignment, and (v) transaction costs. The unaudited pro forma financial information excludes any expected cost savings or other synergies as a result of the Delaware Gathering Acquisition. The unaudited pro forma financial information is not necessarily indicative of the results of operations that would have been achieved had the Delaware Gathering Acquisition been effective as of the dates presented, nor is it indicative of future operating results of the combined company. Actual results may differ significantly from the unaudited pro forma financial information. Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 (in millions, except per share data) Net sales $ 5,324.9 $ 15,865.2 Net income attributable to Delek $ 10.1 $ 374.1 Net income per share: Basic income per share $ 0.14 $ 5.23 Diluted income per share $ 0.14 $ 5.19

Segment Data (Tables)

Segment Data (Tables)	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following is a summary of business segment operating performance as measured by EBITDA attributable to Delek for the period indicated (in millions): Three Months Ended September 30, 2023 (In millions) Refining Logistics Retail Corporate, Consolidated Net revenues (excluding intercompany fees and revenues) $ 4,392.4 $ 119.5 $ 236.5 $ — $ 4,748.4 Inter-segment fees and revenues 232.1 156.4 — (388.5) — Total revenues $ 4,624.5 $ 275.9 $ 236.5 $ (388.5) $ 4,748.4 Segment EBITDA attributable to Delek $ 285.1 $ 96.5 $ 16.2 $ (64.0) $ 333.8 Depreciation and amortization (60.1) (24.6) (3.6) (3.0) (91.3) Interest expense, net (12.0) (37.0) 0.1 (33.4) (82.3) Income tax expense (31.5) Net income attributable to Delek $ 128.7 Income from equity method investments $ 0.2 $ 9.3 $ — $ 17.5 $ 27.0 Capital spending (excluding business combinations) $ 20.2 $ 13.1 $ 8.0 $ 7.0 $ 48.3 Three Months Ended September 30, 2022 (In millions) Refining Logistics Retail Corporate, Consolidated Net revenues (excluding intercompany fees and revenues) $ 4,904.5 $ 166.9 $ 253.1 $ 0.4 $ 5,324.9 Inter-segment fees and revenues 262.9 127.2 — (390.1) — Total revenues $ 5,167.4 $ 294.1 $ 253.1 $ (389.7) $ 5,324.9 Segment EBITDA attributable to Delek $ 90.3 $ 87.3 $ 13.5 $ (56.1) $ 135.0 Depreciation and amortization (49.2) (19.6) (2.6) (1.5) (72.9) Interest expense, net (0.2) (22.6) — (27.9) (50.7) Income tax expense (4.0) Net income attributable to Delek $ 7.4 Income from equity method investments $ 0.1 $ 8.6 $ — $ 9.1 $ 17.8 Capital spending (excluding business combinations) $ 22.7 $ 32.2 $ 13.6 $ 12.3 $ 80.8 Nine Months Ended September 30, 2023 (In millions) Refining Logistics Retail Corporate, Consolidated Net revenues (excluding intercompany fees and revenues) $ 11,842.2 $ 351.9 $ 674.2 $ — $ 12,868.3 Inter-segment fees and revenues 629.3 414.4 — (1,043.7) — Total revenues $ 12,471.5 $ 766.3 $ 674.2 $ (1,043.7) $ 12,868.3 Segment EBITDA attributable to Delek $ 587.7 $ 278.8 $ 37.6 $ (172.6) $ 731.5 Depreciation and amortization (176.5) (69.4) (8.9) (9.3) (264.1) Interest expense, net (33.2) (104.6) (0.1) (101.3) (239.2) Income tax expense (43.5) Net income attributable to Delek $ 184.7 Income from equity method investments $ 0.7 $ 22.9 $ — $ 43.5 $ 67.1 Capital spending (excluding business combinations) $ 197.3 $ 68.6 $ 16.0 $ 19.7 $ 301.6 Nine Months Ended September 30, 2022 (In millions) Refining Logistics Retail Corporate, Consolidated Net revenues (excluding intercompany fees and revenues) $ 14,633.6 $ 392.1 $ 739.7 $ 1.2 $ 15,766.6 Inter-segment fees and revenues 801.0 375.3 — (1,176.3) — Total revenues $ 15,434.6 $ 767.4 $ 739.7 $ (1,175.1) $ 15,766.6 Segment EBITDA attributable to Delek $ 758.2 $ 214.1 $ 36.3 $ (183.4) $ 825.2 Depreciation and amortization (151.9) (43.3) (9.3) (4.7) (209.2) Interest expense, net (2.5) (53.6) — (76.6) (132.7) Income tax expense (107.5) Net income attributable to Delek $ 375.8 Income from equity method investments $ 0.5 $ 22.7 $ — $ 21.2 $ 44.4 Capital spending (excluding business combinations) $ 56.0 $ 68.0 $ 22.6 $ 27.5 $ 174.1

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table sets forth the computation of basic and diluted earnings per share. Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Numerator: Numerator for EPS Net income $ 136.1 $ 16.8 $ 206.8 $ 400.2 Less: Income attributed to non-controlling interest 7.4 9.4 22.1 24.4 Numerator for basic and diluted EPS attributable to Delek $ 128.7 $ 7.4 $ 184.7 $ 375.8 Denominator: Weighted average common shares outstanding (denominator for basic EPS) 64,889,504 70,471,645 65,864,141 71,494,332 Dilutive effect of stock-based awards 575,466 637,719 508,194 654,306 Weighted average common shares outstanding, assuming dilution (denominator for diluted EPS) 65,464,970 71,109,364 66,372,335 72,148,638 EPS: Basic income per share $ 1.98 $ 0.11 $ 2.80 $ 5.26 Diluted income per share $ 1.97 $ 0.10 $ 2.78 $ 5.21 The following equity instruments were excluded from the diluted weighted average common shares outstanding because their effect would be anti-dilutive: Antidilutive stock-based compensation (because average share price is less than exercise price) 1,254,610 2,138,130 1,756,314 2,380,376

Delek Logistics (Tables)

Delek Logistics (Tables)	9 Months Ended
	Sep. 30, 2023
Variable Interest Entity, Not Primary Beneficiary, Disclosures [Abstract]
Condensed Balance Sheet	Exclusive of intercompany balances and 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 September 30, 2023 As of December 31, 2022 ASSETS Cash and cash equivalents $ 4.2 $ 8.0 Accounts receivable 41.2 53.3 Accounts receivable from related parties 67.1 — Inventory 4.1 1.5 Other current assets 1.0 2.4 Property, plant and equipment, net 936.7 924.0 Equity method investments 241.9 257.0 Operating lease right-of-use assets 21.0 24.8 Goodwill 27.1 27.1 Intangible assets, net 347.9 364.8 Other non-current assets 17.3 16.4 Total assets $ 1,709.5 $ 1,679.3 LIABILITIES AND DEFICIT Accounts payable $ 28.0 $ 57.4 Accounts payable to related parties — 6.1 Current portion of long-term debt 15.0 15.0 Current portion of operating lease liabilities 8.1 8.0 Accrued expenses and other current liabilities 34.3 19.7 Long-term debt 1,726.4 1,646.6 Asset retirement obligations 9.9 9.3 Operating lease liabilities, net of current portion 9.2 12.1 Other non-current liabilities 17.8 15.8 Deficit (139.2) (110.7) Total liabilities and deficit $ 1,709.5 $ 1,679.3

Equity Method Investments (Tabl

Equity Method Investments (Tables)	9 Months Ended
	Sep. 30, 2023
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	Combined summarized financial information for our equity method investees on a 100% basis is shown below (in millions): As of September 30, 2023 As of December 31, 2022 Current assets $ 184.5 $ 54.5 Non-current assets $ 1,344.4 $ 1,275.1 Current liabilities $ 61.1 $ 8.3 Non-current liabilities $ 552.3 $ 548.5 Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Revenues $ 151.4 $ 162.6 $ 373.1 $ 334.8 Gross profit $ 54.5 $ 53.5 $ 132.8 $ 123.7 Operating income $ 47.9 $ 46.6 $ 114.5 $ 107.9 Net income $ 61.9 $ 40.1 $ 148.6 $ 97.3

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Sep. 30, 2023
Inventory Disclosure [Abstract]
Carrying Value of Inventories	The following table presents the components of inventory for each period presented: Titled Inventory Inventory Intermediation Agreement (1) Total September 30, 2023 Feedstocks, raw materials and supplies $ 371.6 $ 156.7 $ 528.3 Refined products and blendstock 283.7 335.2 618.9 Merchandise inventory and other 32.0 — 32.0 Total $ 687.3 $ 491.9 $ 1,179.2 December 31, 2022 Feedstocks, raw materials and supplies $ 479.7 $ 163.8 $ 643.5 Refined products and blendstock 490.8 354.8 845.6 Merchandise inventory and other 29.4 — 29.4 Total $ 999.9 $ 518.6 $ 1,518.5 (1) Refer to Note 8 - Inventory Intermediation Obligations for further information.

Inventory Intermediation Obli_2

Inventory Intermediation Obligations (Tables)	9 Months Ended
	Sep. 30, 2023
Other Liabilities Disclosure [Abstract]
Disclosure Of Outstanding Obligations Under Agreements	The following table summarizes our outstanding obligations under our Inventory Intermediation Agreement and Supply and Offtake Agreements: As of September 30, 2023 As of December 31, 2022 Obligations under Inventory Intermediation Agreement Obligations related to Base Layer Volumes $ 502.2 $ 491.8 Current portion — 49.9 Total obligations under Inventory Intermediation Agreement $ 502.2 $ 541.7 Other (receivable) payable for monthly activity true-up $ (11.7) $ 5.6 Obligations under Supply and Offtake Agreements Other (receivable) payable for monthly activity true-up $ — $ (34.9)
Schedule Of Inventory Intermediation Fees	The following table summarizes these fees: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Net fees and expenses: Inventory intermediation fees $ 58.3 $ 16.4 $ 71.8 $ 54.1 Interest expense, net $ 16.5 $ 5.9 $ 46.1 $ 16.1

Long-Term Obligations (Tables)

Long-Term Obligations (Tables)	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Outstanding borrowings under debt instruments are as follows (in millions): September 30, 2023 December 31, 2022 Delek Revolving Credit Facility $ 0.3 $ 450.0 Delek Term Loan Credit Facility 942.9 950.0 Delek Logistics Revolving Facility 811.2 720.5 Delek Logistics Term Loan Facility 288.7 300.0 Delek Logistics 2025 Notes 250.0 250.0 Delek Logistics 2028 Notes 400.0 400.0 United Community Bank Revolver 5.0 50.0 Principle amount of long-term debt 2,698.1 3,120.5 Less: Unamortized discount and deferred financing costs (60.1) (66.8) Total debt, net of unamortized discount and deferred financing costs 2,638.0 3,053.7 Less: Current portion of long-term debt 29.5 74.5 Long-term debt, net of current portion $ 2,608.5 $ 2,979.2
Schedule of Line of Credit Facilities	Available capacity and amounts outstanding for each of our revolving credit facilities as of September 30, 2023 are shown below (in millions): Total Capacity Outstanding Borrowings Outstanding Letters of Credit Available Capacity Maturity Date Delek Revolving Credit Facility (1) $ 1,100.0 $ 0.3 $ 301.6 $ 798.1 October 26, 2027 Delek Logistics Revolving Facility (2) $ 900.0 $ 811.2 $ — $ 88.8 October 13, 2027 United Community Bank Revolver (3) $ 25.0 $ 5.0 $ — $ 20.0 June 30, 2024 (1) Total capacity includes letters of credit up to $500.0 million. This facility requires a quarterly unused commitment fee based on average commitment usage, currently at 0.30% per annum. Interest is measured at either the SOFR, base rate, or Canadian dollar bankers’ acceptances rate (“CDOR”), plus an applicable margin of 0.25% to 0.75% per annum with respect to base rate borrowings or 1.25% to 1.75% per annum with respect to SOFR and CDOR. As of September 30, 2023 and December 31, 2022, the weighted average interest rate was 6.68% and 5.67%, respectively. (2) The Delek Logistics Revolving Facility's maturity date will accelerate to 180 days prior to the stated maturity date of the Delek Logistics 2025 Notes if any of the Delek Logistics 2025 Notes remain outstanding on that date. Total capacity includes letters of credit up to $115.0 million and $25.0 million for swing line loans. This facility requires a quarterly unused commitment fee based on average commitment usage, currently at 0.50% per annum. Interest is measured at either the U.S. dollar prime rate plus an applicable margin of 1.00% to 2.00% depending on Delek Logistics’ leverage ratio, or a SOFR rate plus a credit spread adjustment of 0.10% to 0.25% and an applicable margin ranging from 2.00% to 3.00% depending on the leverage ratio. As of September 30, 2023 and December 31, 2022, the weighted average interest rate was 8.45% and 7.55%, respectively. (3) Requires a quarterly fee of 0.50% per year on the average unused revolving commitment. The weighted average borrowing rate as of September 30, 2023 and December 31, 2022 was 7.75% and 6.75%, respectively.

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position	The following table presents the fair value of our derivative instruments as of September 30, 2023 and December 31, 2022. The fair value amounts below are presented on a gross basis and do not reflect the netting of asset and liability positions permitted under our master netting arrangements, including cash collateral on deposit with our counterparties. We have elected to offset the recognized fair value amounts for multiple derivative instruments executed with the same counterparty in our financial statements. As a result, the asset and liability amounts below differ from the amounts presented in our condensed consolidated balance sheets. See Note 11 for further information regarding the fair value of derivative instruments (in millions). September 30, 2023 December 31, 2022 Derivative Type Balance Sheet Location Assets Liabilities Assets Liabilities Derivatives not designated as hedging instruments: Commodity derivatives (1) Other current assets $ 116.9 $ (126.6) $ 217.1 $ (204.4) Commodity derivatives (1) Other current liabilities 19.5 (20.4) 101.0 (129.5) Commodity derivatives (1) Other long-term assets 0.6 (0.6) 1.1 (0.8) RINs commitment contracts (2) Other current assets 2.1 — 9.7 — RINs commitment contracts (2) Other current liabilities — (3.3) — (6.6) Total gross fair value of derivatives 139.1 (150.9) 328.9 (341.3) Less: Counterparty netting and cash collateral (3) 124.8 (146.6) 306.2 (320.0) Total net fair value of derivatives $ 14.3 $ (4.3) $ 22.7 $ (21.3) (1) As of September 30, 2023 and December 31, 2022, we had open derivative positions representing 86,907,586 and 158,307,020 barrels, respectively, of crude oil and refined petroleum products. Additionally, as of September 30, 2023 and December 31, 2022, we had open derivative positions representing 1,705,000 and 2,310,000 million British Thermal Units ("MMBTU"), respectively, of natural gas products. (2) As of September 30, 2023 and December 31, 2022, we had open RINs commitment contracts representing 17,000,000 and 259,022,967 RINs, respectively. (3) As of September 30, 2023 and December 31, 2022, $21.8 million and $13.8 million, respectively, of cash collateral held by counterparties has been netted with the derivatives with each counterparty.
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position	Total gains (losses) on our non-trading commodity derivatives and RINs commitment contracts recorded in the condensed consolidated statements of income are as follows (in millions) (2) : Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Gains (losses) on hedging derivatives not designated as hedging instruments recognized in cost of materials and other (1) $ (97.1) $ 78.0 $ (86.4) $ (27.7) Gains (losses) on non-trading physical forward contract commodity derivatives in cost of materials and other — 0.3 (2.4) 5.1 Losses on hedging derivatives not designated as hedging instruments recognized in operating expenses — — — (1.7) Total gains (losses) $ (97.1) 78.3 $ (88.8) $ (24.3) (1) Gains (losses) on commodity derivatives that are economic hedges but not designated as hedging instruments include unrealized gains (losses) of $(78.8) million and $(55.5) million for the three and nine months ended September 30, 2023 , respectively, and $24.8 million and $20.2 million for the three and nine months ended September 30, 2022, respectively. (2) See separate table below for disclosures about "trading derivatives."
Derivative Instruments, Gain (Loss)	Total gains (losses) on our trading derivatives (none of which were designated as hedging instruments) recorded in other operating (income) expense, net on the condensed consolidated statements of income are as follows (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Trading Physical Forward Contract Commodity Derivatives Realized (losses) gains $ 0.8 $ 1.2 $ 8.0 $ 19.7 Unrealized gains (losses) — — 0.1 (0.3) Total $ 0.8 $ 1.2 $ 8.1 $ 19.4 Trading Hedging Commodity Derivatives Realized (losses) gains $ (0.4) $ (0.3) $ (2.1) $ 11.6 Unrealized gains (losses) 0.2 0.7 2.5 (15.8) Total $ (0.2) $ 0.4 $ 0.4 $ (4.2)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities Measured on Recurring Basis	The fair value hierarchy for our financial assets and liabilities accounted for at fair value on a recurring basis was as follows (in millions): As of September 30, 2023 Level 1 Level 2 Level 3 Total Assets Commodity derivatives $ — $ 137.0 $ — $ 137.0 RINs commitment contracts — 2.1 — 2.1 Total assets — 139.1 — 139.1 Liabilities Commodity derivatives — (147.6) — (147.6) RINs commitment contracts — (3.3) — (3.3) Environmental credits obligation deficit — (38.8) — (38.8) Inventory Intermediation Agreement obligation — (502.2) — (502.2) Total liabilities — (691.9) — (691.9) Net liabilities $ — $ (552.8) $ — $ (552.8) As of December 31, 2022 Level 1 Level 2 Level 3 Total Assets Commodity derivatives $ — $ 319.2 $ — $ 319.2 RINs commitment contracts — 9.7 — 9.7 Total assets — 328.9 — 328.9 Liabilities Commodity derivatives — (334.7) — (334.7) RINs commitment contracts — (6.6) — (6.6) Environmental credits obligation deficit — (295.5) — (295.5) Inventory Intermediation Agreement obligation — (541.7) — (541.7) Total liabilities — (1,178.5) — (1,178.5) Net liabilities $ — $ (849.6) $ — $ (849.6)

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Transactions with our related parties were as follows for the periods presented (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Revenues (1) $ 35.8 $ 37.8 $ 85.7 $ 81.7 Cost of materials and other (2) $ 54.3 $ 34.7 $ 152.4 $ 81.8 (1) Consists primarily of asphalt sales which are recorded in corporate, other and eliminations segment. (2) Consists primarily of pipeline throughput fees paid by the refining segment and asphalt purchases.

Other Current Assets and Liab_2

Other Current Assets and Liabilities (Tables)	9 Months Ended
	Sep. 30, 2023
Other Current Assets and Liabilities [Abstract]
Schedule of Other Assets and Other Liabilities	The detail of other current assets is as follows (in millions): Other Current Assets September 30, 2023 December 31, 2022 Prepaid expenses $ 42.5 $ 45.4 Short-term derivative assets (see Note 10) 14.2 22.4 Investment commodities 11.5 29.8 Income and other tax receivables 9.9 20.9 Other 7.5 4.2 Total $ 85.6 $ 122.7 The detail of accrued expenses and other current liabilities is as follows (in millions): Accrued Expenses and Other Current Liabilities September 30, 2023 December 31, 2022 Product financing agreements $ 260.8 $ 258.0 El Dorado refinery fire settlement (1) 177.5 2.0 Crude purchase liabilities 146.9 268.7 Income and other taxes payable 145.2 120.4 Employee costs 57.1 89.2 Consolidated Net RINs Obligation deficit (see Note 11) 38.8 295.5 Deferred revenue 13.8 44.6 Short-term derivative liabilities (see Note 10) 4.2 21.3 Other 72.2 67.1 Total $ 916.5 $ 1,166.8 (1) Refer to Note 12 - Commitments and Contingencies for further information.

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Dividends Declared	For 2023, our Board of Directors declared the following dividends: Approval Date Dividend Amount Per Share Record Date Payment Date February 27, 2023 $0.220 March 10, 2023 March 17, 2023 May 2, 2023 $0.230 May 15, 2023 May 22, 2023 August 4, 2023 $0.235 August 14, 2023 August 21, 2023 November 1, 2023 $0.240 November 13, 2023 November 20, 2023

Organization and Basis of Pre_3

Organization and Basis of Presentation (Details)	Jun. 01, 2022
3 Bear Delaware Holding
Business Acquisition [Line Items]
Business acquisition, percentage of voting interests acquired	100%

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) - 3 Bear Acquisition - USD ($) $ in Millions		3 Months Ended		9 Months Ended
	Jun. 01, 2022	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Business Acquisition [Line Items]
Purchase price	$ 628.3
Incremental direct acquisition and integration costs		$ 0	$ 4.2	$ 0	$ 10.6

Acquisitions - Estimated Purcha

Acquisitions - Estimated Purchase Price (Details) - 3 Bear Acquisition $ in Millions	Jun. 01, 2022 USD ($)
Business Acquisition [Line Items]
Base purchase price:	$ 624.7
Add: closing net working capital (as defined in the 3 Bear Purchase Agreement)	3.6
Less: closing indebtedness (as defined in the 3 Bear Purchase Agreement)	(80.6)
Cash paid for the adjusted purchase price	547.7
Cash paid to payoff 3 Bear credit agreement (as defined in the 3 Bear Purchase Agreement)	80.6
Purchase price	$ 628.3

Acquisitions - Schedule of Asse

Acquisitions - Schedule of Assets and Liabilities Assumed (Details) - USD ($) $ in Millions	Jun. 01, 2022	Sep. 30, 2023	Dec. 31, 2022
Assets acquired:
Goodwill		$ 744.3	$ 744.3
3 Bear Acquisition
Assets acquired:
Cash and cash equivalents	$ 2.7
Accounts receivables, net	28.9
Inventories	1.8
Other current assets	1
Property, plant and equipment	382.8
Operating lease right-of-use assets	7.4
Goodwill	14.8
Other intangibles, net	223.5
Other non-current assets	0.5
Total assets acquired	663.4
Liabilities assumed:
Accounts payable	8
Accrued expenses and other current liabilities	22.4
Current portion of operating lease liabilities	1
Asset retirement obligations	2.3
Operating lease liabilities, net of current portion	1.4
Total liabilities assumed	35.1
Fair value of net assets acquired	628.3
3 Bear Acquisition | Customer Relationships
Liabilities assumed:
Customer relationship intangible, net	$ 210
Acquired finite-lived intangible assets, useful life	11 years 7 months 6 days
3 Bear Acquisition | Right-Of-Way
Liabilities assumed:
Customer relationship intangible, net	$ 13.5
Acquired finite-lived intangible assets, useful life	25 years 4 months 24 days

Acquisitions - Pro Forma Financ

Acquisitions - Pro Forma Financial Information (Details) - 3 Bear Acquisition - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Business Acquisition [Line Items]
Net sales	$ 5,324.9	$ 15,865.2
Net income attributable to Delek	$ 10.1	$ 374.1
Basic income per share (in dollars per share)	$ 0.14	$ 5.23
Diluted income per share (in dollars per share)	$ 0.14	$ 5.19

Segment Data - Narrative (Detai

Segment Data - Narrative (Details)	9 Months Ended
	Sep. 30, 2023 bbl / d segment facility store
Segment Reporting Information [Line Items]
Number of reportable segments | segment	3
Number of stores | store	250
Refining
Segment Reporting Information [Line Items]
Total throughput capacity | bbl / d	302,000
Number of biodiesel facilities | facility	3

Segment Data - Operating Perfor

Segment Data - Operating Performance (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting Information [Line Items]
Net revenues (excluding intercompany fees and revenues)	$ 4,748.4	$ 5,324.9	$ 12,868.3	$ 15,766.6
Total sales	4,748.4	5,324.9	12,868.3	15,766.6
Segment EBITDA attributable to Delek	333.8	135	731.5	825.2
Depreciation and amortization	(91.3)	(72.9)	(264.1)	(209.2)
Interest expense, net	(82.3)	(50.7)	(239.2)	(132.7)
Income tax benefit (expense)	(31.5)	(4)	(43.5)	(107.5)
Net income attributable to Delek	128.7	7.4	184.7	375.8
Income from equity method investments	27	17.8	67.1	44.4
Capital spending (excluding business combinations)	48.3	80.8	301.6	174.1
Operating Segments | Refining
Segment Reporting Information [Line Items]
Net revenues (excluding intercompany fees and revenues)	4,392.4	4,904.5	11,842.2	14,633.6
Total sales	4,624.5	5,167.4	12,471.5	15,434.6
Segment EBITDA attributable to Delek	285.1	90.3	587.7	758.2
Depreciation and amortization	(60.1)	(49.2)	(176.5)	(151.9)
Interest expense, net	(12)	(0.2)	(33.2)	(2.5)
Income from equity method investments	0.2	0.1	0.7	0.5
Capital spending (excluding business combinations)	20.2	22.7	197.3	56
Operating Segments | Logistics
Segment Reporting Information [Line Items]
Net revenues (excluding intercompany fees and revenues)	119.5	166.9	351.9	392.1
Total sales	275.9	294.1	766.3	767.4
Segment EBITDA attributable to Delek	96.5	87.3	278.8	214.1
Depreciation and amortization	(24.6)	(19.6)	(69.4)	(43.3)
Interest expense, net	(37)	(22.6)	(104.6)	(53.6)
Income from equity method investments	9.3	8.6	22.9	22.7
Capital spending (excluding business combinations)	13.1	32.2	68.6	68
Operating Segments | Retail
Segment Reporting Information [Line Items]
Net revenues (excluding intercompany fees and revenues)	236.5	253.1	674.2	739.7
Total sales	236.5	253.1	674.2	739.7
Segment EBITDA attributable to Delek	16.2	13.5	37.6	36.3
Depreciation and amortization	(3.6)	(2.6)	(8.9)	(9.3)
Interest expense, net	0.1	0	(0.1)	0
Income from equity method investments	0	0	0	0
Capital spending (excluding business combinations)	8	13.6	16	22.6
Inter-segment fees and revenues
Segment Reporting Information [Line Items]
Total sales	(388.5)	(390.1)	(1,043.7)	(1,176.3)
Inter-segment fees and revenues | Refining
Segment Reporting Information [Line Items]
Total sales	232.1	262.9	629.3	801
Inter-segment fees and revenues | Logistics
Segment Reporting Information [Line Items]
Total sales	156.4	127.2	414.4	375.3
Inter-segment fees and revenues | Retail
Segment Reporting Information [Line Items]
Total sales	0	0	0	0
Corporate, Other and Eliminations
Segment Reporting Information [Line Items]
Net revenues (excluding intercompany fees and revenues)	0	0.4	0	1.2
Total sales	(388.5)	(389.7)	(1,043.7)	(1,175.1)
Segment EBITDA attributable to Delek	(64)	(56.1)	(172.6)	(183.4)
Depreciation and amortization	(3)	(1.5)	(9.3)	(4.7)
Interest expense, net	(33.4)	(27.9)	(101.3)	(76.6)
Income from equity method investments	17.5	9.1	43.5	21.2
Capital spending (excluding business combinations)	$ 7	$ 12.3	$ 19.7	$ 27.5

Earnings (Loss) Per Share - Sch

Earnings (Loss) Per Share - Schedule of EPS (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Numerator for EPS
Net income	$ 136.1	$ 16.8	$ 206.8	$ 400.2
Less: Income attributed to non-controlling interest	7.4	9.4	22.1	24.4
Numerator for basic and diluted EPS attributable to Delek	$ 128.7	$ 7.4	$ 184.7	$ 375.8
Denominator:
Weighted average common shares outstanding (denominator for basic EPS) (in shares)	64,889,504	70,471,645	65,864,141	71,494,332
Dilutive effect of stock-based awards (in shares)	575,466	637,719	508,194	654,306
Weighted average common shares outstanding, assuming dilution (denominator for diluted EPS) (in shares)	65,464,970	71,109,364	66,372,335	72,148,638
EPS:
Basic income per share (in dollars per share)	$ 1.98	$ 0.11	$ 2.80	$ 5.26
Diluted income per share (in dollars per share)	$ 1.97	$ 0.10	$ 2.78	$ 5.21
Antidilutive stock-based compensation (because average share price is less than exercise price)
EPS:
Antidilutive securities excluded from computation of earnings per share (in shares)	1,254,610	2,138,130	1,756,314	2,380,376

Delek Logistics - Narrative (De

Delek Logistics - Narrative (Details) - Variable Interest Entity, Primary Beneficiary	9 Months Ended
	Sep. 30, 2023 shares
Delek Logistics
Variable Interest Entity [Line Items]
Limited partners' capital account, units outstanding (in shares)	34,311,278
Delek Logistics
Variable Interest Entity [Line Items]
Members or limited partners, ownership interest (percentage)	78.70%

Delek Logistics - Balance Sheet

Delek Logistics - Balance Sheet (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 901.7	$ 841.3
Accounts receivable	1,166.9	1,234.4
Inventory	1,179.2	1,518.5
Other current assets	85.6	122.7
Property, plant and equipment, net	2,834.8	2,776.4
Equity method investments	371.2	359.7
Operating lease right-of-use assets	160.3	179.5
Goodwill	744.3	744.3
Intangible assets, net	300.4	315.6
Other non-current assets	124.6	100.4
Total assets	7,869	8,192.8
LIABILITIES AND DEFICIT
Accounts payable	2,006.8	1,745.6
Current portion of long-term debt	29.5	74.5
Current portion of operating lease liabilities	49.9	49.6
Accrued expenses and other current liabilities	916.5	1,166.8
Long-term debt	2,608.5	2,979.2
Asset retirement obligations	42.9	41.8
Operating lease liabilities, net of current portion	106.8	122.4
Other non-current liabilities	33.1	23.7
Total liabilities and stockholders’ equity	7,869	8,192.8
Delek Logistics Partners, LP | Variable Interest Entity, Primary Beneficiary
ASSETS
Cash and cash equivalents	4.2	8
Inventory	4.1	1.5
Other current assets	1	2.4
Property, plant and equipment, net	936.7	924
Equity method investments	241.9	257
Operating lease right-of-use assets	21	24.8
Goodwill	27.1	27.1
Intangible assets, net	347.9	364.8
Other non-current assets	17.3	16.4
Total assets	1,709.5	1,679.3
LIABILITIES AND DEFICIT
Current portion of long-term debt	15	15
Current portion of operating lease liabilities	8.1	8
Accrued expenses and other current liabilities	34.3	19.7
Long-term debt	1,726.4	1,646.6
Asset retirement obligations	9.9	9.3
Operating lease liabilities, net of current portion	9.2	12.1
Other non-current liabilities	17.8	15.8
Deficit	(139.2)	(110.7)
Total liabilities and stockholders’ equity	1,709.5	1,679.3
Delek Logistics Partners, LP | Variable Interest Entity, Primary Beneficiary | Nonrelated Party
ASSETS
Accounts receivable	41.2	53.3
LIABILITIES AND DEFICIT
Accounts payable	28	57.4
Delek Logistics Partners, LP | Variable Interest Entity, Primary Beneficiary | Related Party
ASSETS
Accounts receivable	67.1	0
LIABILITIES AND DEFICIT
Accounts payable	$ 0	$ 6.1

Equity Method Investments - Nar

Equity Method Investments - Narrative (Details) $ in Millions		3 Months Ended		9 Months Ended
	Jun. 02, 2022 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) jointVenture	Sep. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Schedule of Equity Method Investments [Line Items]
Proceeds from secured notes payable	$ 535
Equity method investments		$ 371.2		$ 371.2		$ 359.7
Income (loss) from equity method investments		27	$ 17.8	67.1	$ 44.4
Revolving Credit Facility | Line of Credit
Schedule of Equity Method Investments [Line Items]
Line of credit facility, maximum borrowing capacity	75
Revolving Credit Facility | Letter of Credit
Schedule of Equity Method Investments [Line Items]
Line of credit facility, maximum borrowing capacity	$ 44	$ 500		$ 500
W2W Holdings LLC
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage		50%		50%
Wink to Webster Pipeline LLC
Schedule of Equity Method Investments [Line Items]
Equity method investments		$ 56.2		$ 56.2		49
Income (loss) from equity method investments		$ 6.9	1.2	$ 18.2	5.4
Red River Pipeline Company LLC
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage		33%		33%
Equity method investments		$ 140.9		$ 140.9		149.6
Income (loss) from equity method investments		5.5	4.7	13.3	14.6
Joint Ventures | Delek Logistics Partners, LP
Schedule of Equity Method Investments [Line Items]
Equity method investments		101		101		107.4
Income (loss) from equity method investments		$ 3.8	3.9	$ 9.6	8.1
Number of joint ventures | jointVenture				2
Joint Ventures | Delek US Holdings, Inc.
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage		50%		50%
Equity method investments		$ 73.1		$ 73.1		$ 53.7
Income (loss) from equity method investments		$ 10.8	$ 8	$ 26	$ 16.3
C P L L C
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage		50%		50%
Andeavor Logistics
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage		33%		33%

Equity Method Investments - Sum

Equity Method Investments - Summarized Financial Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Schedule of Equity Method Investments [Line Items]
Current assets	$ 3,333.4		$ 3,333.4		$ 3,716.9
Current liabilities	3,002.7		3,002.7		3,086.4
Non-current liabilities	3,709.3		3,709.3		4,036.9
Revenues	4,748.4	$ 5,324.9	12,868.3	$ 15,766.6
Operating income	224.7	53	417.6	593
Joint Ventures
Schedule of Equity Method Investments [Line Items]
Current assets	184.5		184.5		54.5
Non-current assets	1,344.4		1,344.4		1,275.1
Current liabilities	61.1		61.1		8.3
Non-current liabilities	552.3		552.3		$ 548.5
Revenues	151.4	162.6	373.1	334.8
Gross profit	54.5	53.5	132.8	123.7
Operating income	47.9	46.6	114.5	107.9
Net income	$ 61.9	$ 40.1	$ 148.6	$ 97.3

Inventory - Carrying Value (Det

Inventory - Carrying Value (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Inventory [Line Items]
Feedstocks, raw materials and supplies	$ 528.3	$ 643.5
Refined products and blendstock	618.9	845.6
Merchandise inventory and other	32	29.4
Total	1,179.2	1,518.5
Titled Inventory
Inventory [Line Items]
Feedstocks, raw materials and supplies	371.6	479.7
Refined products and blendstock	283.7	490.8
Merchandise inventory and other	32	29.4
Total	687.3	999.9
Inventory Intermediation Agreement
Inventory [Line Items]
Feedstocks, raw materials and supplies	156.7	163.8
Refined products and blendstock	335.2	354.8
Merchandise inventory and other	0	0
Total	$ 491.9	$ 518.6

Inventory - Narrative (Details)

Inventory - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Inventory valuation reserves	$ 5		$ 5		$ 11.2
Cost of goods sold
Lower of cost or market gains (charges)	$ (3.4)	$ (20.3)	$ 6.2	$ (19.1)

Inventory Intermediation Obli_3

Inventory Intermediation Obligations - Schedule of Outstanding Obligations Under Agreements (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Other Liabilities Disclosure [Abstract]
Obligations related to Base Layer Volumes	$ 502.2	$ 491.8
Current portion	0	49.9
Total obligations under Inventory Intermediation Agreement	502.2	541.7
Other (receivable) payable for monthly activity true-up	(11.7)	5.6
Other (receivable) payable for monthly activity true-up	$ 0	$ (34.9)

Inventory Intermediation Obli_4

Inventory Intermediation Obligations - Schedule Of Inventory Intermediation Fees (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Other Liabilities Disclosure [Abstract]
Inventory intermediation fees	$ 58.3	$ 16.4	$ 71.8	$ 54.1
Interest expense, net	$ 16.5	$ 5.9	$ 46.1	$ 16.1

Inventory Intermediation Obli_5

Inventory Intermediation Obligations - Narrative (Details) barrel in Millions, $ in Millions		3 Months Ended		9 Months Ended
	Dec. 22, 2022 USD ($)	Sep. 30, 2023 USD ($) barrel	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) barrel	Sep. 30, 2022 USD ($)	Sep. 18, 2023 USD ($)	Dec. 31, 2022 barrel
Other Liabilities [Line Items]
Working capital capacity	$ 800
Extension term	12 months
Issued letters of credit		$ 260		$ 260
Number of barrels | barrel		5.4		5.4			6.3
Barrels associated with non-current inventory intermediation obligation | barrel		5.5		5.5
Gain (loss) on changes in fair value due to commodity-index price and interest rate		$ (83.5)	$ 124.2	$ (44.5)	$ (82.6)
Citi
Other Liabilities [Line Items]
Line of credit facility, maximum borrowing capacity						$ 180

Long-Term Obligations - Outstan

Long-Term Obligations - Outstanding Borrowings Schedule (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Long-term debt gross	$ 2,698.1	$ 3,120.5
Less: Unamortized discount and deferred financing costs	(60.1)	(66.8)
Long-term debt	2,638	3,053.7
Less: Current portion of long-term debt	29.5	74.5
Long-term debt, net of current portion	2,608.5	2,979.2
Secured Debt | Term Loan Credit Facility
Debt Instrument [Line Items]
Long-term debt gross	942.9	950
Senior Notes | Delek Logistics 2025 Notes
Debt Instrument [Line Items]
Long-term debt gross	250	250
Senior Notes | Delek Logistics 2028 Notes
Debt Instrument [Line Items]
Long-term debt gross	400	400
Revolving Credit Facility | Line of Credit | Delek Revolver
Debt Instrument [Line Items]
Long-term debt gross	0.3	450
Revolving Credit Facility | Line of Credit | DKL Revolver
Debt Instrument [Line Items]
Long-term debt gross	811.2	720.5
Revolving Credit Facility | Line of Credit | DKL Term Facility
Debt Instrument [Line Items]
Long-term debt gross	288.7	300
Revolving Credit Facility | Line of Credit | United Community Bank Revolver
Debt Instrument [Line Items]
Long-term debt gross	$ 5	$ 50

Long-Term Obligations - Delek T

Long-Term Obligations - Delek Term Loan Credit Facility (Details) - USD ($) $ in Millions		9 Months Ended
	Nov. 18, 2022	Sep. 30, 2023	Dec. 31, 2022	Jun. 02, 2022
Secured Debt
Debt Instrument [Line Items]
Original debt issue discount	4%
Weighted average interest rate (percentage)		8.92%	7.92%
Secured Debt | Incremental Term Loans
Debt Instrument [Line Items]
Quarterly payments	$ 2.4
Revolving Credit Facility | Secured Debt
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	950
increase in line of credit facility limit	$ 400
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity				$ 75
Weighted average interest rate (percentage)		6.68%	5.67%
Interest rate, effective percentage		10.16%
Revolving Credit Facility | Line of Credit | Incremental Term Loans | Base Rate
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		2.50%
Revolving Credit Facility | Line of Credit | Incremental Term Loans | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		3.50%

Long-Term Obligations - Delek L

Long-Term Obligations - Delek Logistics Term Loan Facility (Details) $ in Millions		9 Months Ended	12 Months Ended
	Oct. 13, 2022 USD ($)	Sep. 30, 2023 USD ($)	Dec. 31, 2025 USD ($) payment	Dec. 31, 2024 USD ($) payment	Dec. 31, 2023 USD ($) payment	Nov. 06, 2023	Dec. 31, 2022	Nov. 18, 2022 USD ($)	Jun. 02, 2022 USD ($)
Secured Debt
Debt Instrument [Line Items]
Weighted average interest rate (percentage)		8.92%					7.92%
DKL Revolver, Delek Logistics Term Facility | Fifth Third Bank | Secured Debt | Debt Instrument, Interest Rate Period One
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3.50%
DKL Revolver, Delek Logistics Term Facility | Fifth Third Bank | Secured Debt | Debt Instrument, Interest Rate Period Two
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	4%
DKL Revolver, Delek Logistics Term Facility | Fifth Third Bank | Secured Debt | Prime Rate | Debt Instrument, Interest Rate Period One
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.50%
DKL Revolver, Delek Logistics Term Facility | Fifth Third Bank | Secured Debt | Prime Rate | Debt Instrument, Interest Rate Period Two
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3%
DKL Revolver, Delek Logistics Term Facility | Fifth Third Bank | Secured Debt | Minimum | Secured Overnight Financing Rate (SOFR) | Debt Instrument, Interest Rate Period One
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.10%
DKL Revolver, Senior Secured Revolving Commitment | Fifth Third Bank | Secured Debt | Minimum | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		0.10%
DKL Revolver, Senior Secured Revolving Commitment | Fifth Third Bank | Secured Debt | Maximum | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.25%
DKL Revolver, Senior Secured Revolving Commitment | Fifth Third Bank | Line of Credit | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		0.10%
DKL Revolver, Senior Secured Revolving Commitment | Fifth Third Bank | Line of Credit | Minimum | Prime Rate
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		1%
DKL Revolver, Senior Secured Revolving Commitment | Fifth Third Bank | Line of Credit | Maximum | Prime Rate
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		2%
Revolving Credit Facility | Secured Debt
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity								$ 950
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity									$ 75
Weighted average interest rate (percentage)		6.68%					5.67%
Interest rate, effective percentage		10.16%
Revolving Credit Facility | DKL Revolver, Delek Logistics Term Facility | Fifth Third Bank | Secured Debt
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 300
Revolving Credit Facility | DKL Revolver, Delek Logistics Term Facility | Fifth Third Bank | Secured Debt | Subsequent Event
Debt Instrument [Line Items]
Accelerated maturity, number of days						180 days
Revolving Credit Facility | DKL Revolver | Line of Credit | Forecast
Debt Instrument [Line Items]
Quarterly payments			$ 7.5	$ 7.5	$ 3.8
Revolving Credit Facility | DKL Revolver | Line of Credit | Forecast | Redemption, period one
Debt Instrument [Line Items]
Number of payments | payment					4
Revolving Credit Facility | DKL Revolver | Line of Credit | Forecast | Redemption, period two
Debt Instrument [Line Items]
Number of payments | payment				4
Revolving Credit Facility | DKL Revolver | Line of Credit | Forecast | Redemption, period three
Debt Instrument [Line Items]
Number of payments | payment			1
Revolving Credit Facility | DKL Revolver | Fifth Third Bank | Line of Credit
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		$ 900
Accelerated maturity, number of days		180 days
Revolving Credit Facility | DKL Revolver, Senior Secured Revolving Commitment | Fifth Third Bank | Line of Credit
Debt Instrument [Line Items]
Weighted average interest rate (percentage)		8.45%					7.55%
Revolving Credit Facility | DKL Term Facility | Fifth Third Bank | Line of Credit
Debt Instrument [Line Items]
Weighted average interest rate (percentage)		8.92%					7.92%
Interest rate, effective percentage		9.48%

Long-Term Obligations - Revolvi

Long-Term Obligations - Revolving Credit Facilities (Details) - USD ($) $ in Millions			9 Months Ended
	Nov. 06, 2023	Oct. 13, 2022	Sep. 30, 2023	Jun. 09, 2023	Jun. 08, 2023	Dec. 31, 2022	Nov. 18, 2022	Jun. 02, 2022
Line of Credit Facility [Line Items]
Long-term debt gross			$ 2,698.1			$ 3,120.5
Issued letters of credit			$ 260
Fifth Third Bank | DKL Revolver | Maximum
Line of Credit Facility [Line Items]
Unused capacity, commitment fee percentage			0.50%
Line of Credit | Fifth Third Bank | DKL Revolver, Senior Secured Revolving Commitment | Secured Overnight Financing Rate (SOFR)
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate			0.10%
Line of Credit | Fifth Third Bank | DKL Revolver, Senior Secured Revolving Commitment | Minimum | Prime Rate
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate			1%
Line of Credit | Fifth Third Bank | DKL Revolver, Senior Secured Revolving Commitment | Minimum | Total Leverage Ratio Interest Rate
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate			2%
Line of Credit | Fifth Third Bank | DKL Revolver, Senior Secured Revolving Commitment | Maximum | Prime Rate
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate			2%
Line of Credit | Fifth Third Bank | DKL Revolver, Senior Secured Revolving Commitment | Maximum | Total Leverage Ratio Interest Rate
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate			3%
Secured Debt
Line of Credit Facility [Line Items]
Weighted average interest rate (percentage)			8.92%			7.92%
Secured Debt | Fifth Third Bank | DKL Revolver, Senior Secured Revolving Commitment | Minimum | Secured Overnight Financing Rate (SOFR)
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate			0.10%
Secured Debt | Fifth Third Bank | DKL Revolver, Senior Secured Revolving Commitment | Maximum | Secured Overnight Financing Rate (SOFR)
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate		0.25%
Revolving Credit Facility | Letter of Credit
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity			$ 500					$ 44
Revolving Credit Facility | Line of Credit
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity								$ 75
Weighted average interest rate (percentage)			6.68%			5.67%
Revolving Credit Facility | Line of Credit | Minimum | Base Rate
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate			0.25%
Revolving Credit Facility | Line of Credit | Minimum | Secured Overnight Financing Rate (SOFR) and Canadian Overnight Financing Rate (CDOR)
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate			1.25%
Revolving Credit Facility | Line of Credit | Maximum
Line of Credit Facility [Line Items]
Unused capacity, commitment fee percentage			0.30%
Revolving Credit Facility | Line of Credit | Maximum | Base Rate
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate			0.75%
Revolving Credit Facility | Line of Credit | Maximum | Secured Overnight Financing Rate (SOFR) and Canadian Overnight Financing Rate (CDOR)
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate			1.75%
Revolving Credit Facility | Line of Credit | Delek Revolver
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity			$ 1,100
Long-term debt gross			0.3			$ 450
Issued letters of credit			301.6
Unused credit commitments			798.1
Revolving Credit Facility | Line of Credit | DKL Revolver
Line of Credit Facility [Line Items]
Long-term debt gross			811.2			720.5
Revolving Credit Facility | Line of Credit | United Community Bank Revolver
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity			25	$ 25	$ 50
Long-term debt gross			5			$ 50
Issued letters of credit			0
Unused credit commitments			$ 20
Unused capacity, commitment fee percentage			0.50%
Weighted average interest rate (percentage)			7.75%			6.75%
Revolving Credit Facility | Line of Credit | Fifth Third Bank | DKL Revolver
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity			$ 900
Issued letters of credit			0
Unused credit commitments			$ 88.8
Accelerated maturity, number of days			180 days
Revolving Credit Facility | Line of Credit | Fifth Third Bank | DKL Revolver, Senior Secured Revolving Commitment
Line of Credit Facility [Line Items]
Weighted average interest rate (percentage)			8.45%			7.55%
Revolving Credit Facility | Line of Credit | Fifth Third Bank | First Amendment | Subsequent Event
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 1,050
Increase in credit facility	$ 150
Revolving Credit Facility | Secured Debt
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity							$ 950
Revolving Credit Facility | Secured Debt | Fifth Third Bank | DKL Revolver, Delek Logistics Term Facility
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity		$ 300
Revolving Credit Facility | Secured Debt | Fifth Third Bank | DKL Revolver, Delek Logistics Term Facility | Subsequent Event
Line of Credit Facility [Line Items]
Accelerated maturity, number of days	180 days
Letter of Credit | Line of Credit | Fifth Third Bank | DKL Revolver
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity			$ 115
US Swing Line Sublimit | Line of Credit | Fifth Third Bank | DKL Revolver
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity			$ 25
Unsecured Debt | Line of Credit | Fifth Third Bank | First Amendment | Subsequent Event
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 150
Increase in credit facility	$ 95

Long-Term Obligations - Delek_2

Long-Term Obligations - Delek Logistics 2025 Notes (Details) - Delek Logistics 2025 Notes - Senior Notes $ in Millions	Sep. 30, 2023 USD ($)
Debt Instrument [Line Items]
Debt instrument, face amount	$ 250
Interest rate, stated percentage	6.75%
Interest rate, effective percentage	7.18%

Long-Term Obligations - Delek_3

Long-Term Obligations - Delek Logistics 2028 Notes (Details) - Delek Logistics 2028 Notes - Senior Notes $ in Millions	Sep. 30, 2023 USD ($)
Debt Instrument [Line Items]
Debt instrument, face amount	$ 400
Interest rate, stated percentage	7.125%
Interest rate, effective percentage	7.39%

Long-Term Obligations - Restric

Long-Term Obligations - Restricted Net Assets (Details)	Sep. 30, 2023 USD ($)
Debt Disclosure [Abstract]
Amount of restricted net assets for consolidated and unconsolidated subsidiaries	$ 0

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details)	9 Months Ended
	Sep. 30, 2023
Commodity contract
Derivative [Line Items]
Maximum period of maturity	3 years

Derivative Instruments - Deriva

Derivative Instruments - Derivative Assets and Liabilities (Details) $ in Millions	Sep. 30, 2023 USD ($)	Sep. 30, 2023 bbl	Sep. 30, 2023 MMBTU	Sep. 30, 2023 rIN	Dec. 31, 2022 USD ($)	Dec. 31, 2022 bbl	Dec. 31, 2022 MMBTU	Dec. 31, 2022 rIN
Derivatives, Fair Value [Line Items]
Assets	$ 139.1				$ 328.9
Less: Counterparty netting and cash collateral, assets	124.8				306.2
Total net fair value of derivative assets	14.3				22.7
Liabilities	(150.9)				(341.3)
Less: Counterparty netting and cash collateral, liabilities	(146.6)				(320)
Total net fair value of derivative liabilities	(4.3)				(21.3)
Cash collateral	21.8				13.8
Commodity derivatives
Derivatives, Fair Value [Line Items]
Open derivative positions		86,907,586	1,705,000			158,307,020	2,310,000
Commodity derivatives | Derivatives not designated as hedging instruments: | Other current assets
Derivatives, Fair Value [Line Items]
Assets	116.9				217.1
Liabilities	(126.6)				(204.4)
Commodity derivatives | Derivatives not designated as hedging instruments: | Other current liabilities
Derivatives, Fair Value [Line Items]
Assets	19.5				101
Liabilities	(20.4)				(129.5)
Commodity derivatives | Derivatives not designated as hedging instruments: | Other long-term assets
Derivatives, Fair Value [Line Items]
Assets	0.6				1.1
Liabilities	(0.6)				(0.8)
RINs commitment contracts | Derivatives not designated as hedging instruments: | Other current assets
Derivatives, Fair Value [Line Items]
Assets	2.1				9.7
Liabilities	0				0
Open derivative positions | rIN				17,000,000				259,022,967
RINs commitment contracts | Derivatives not designated as hedging instruments: | Other current liabilities
Derivatives, Fair Value [Line Items]
Assets	0				0
Liabilities	$ (3.3)				$ (6.6)

Derivative Instruments - Deri_2

Derivative Instruments - Derivatives Gains and Losses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]			Cost of Revenue	Cost of Revenue
Commodity derivatives
Derivative Instruments, Gain (Loss) [Line Items]
Total gains (losses)	$ (97.1)	$ 78.3	$ (88.8)	$ (24.3)
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(0.2)	0.4	0.4	(4.2)
Forward Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on hedging derivatives not designated as hedging instruments recognized in cost of materials and other	0	0.3	(2.4)	5.1
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	0.8	1.2	8.1	19.4
Derivatives not designated as hedging instruments:
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(78.8)	24.8	(55.5)	20.2
Derivatives not designated as hedging instruments: | Commodity derivatives | Cost of goods sold
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on hedging derivatives not designated as hedging instruments recognized in cost of materials and other	(97.1)	78	(86.4)	(27.7)
Derivatives not designated as hedging instruments: | Commodity derivatives | Operating Expense
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on hedging derivatives not designated as hedging instruments recognized in cost of materials and other	$ 0	$ 0	$ 0	$ (1.7)

Derivative Instruments - Gains

Derivative Instruments - Gains (Losses) on Trading Derivatives (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Forward Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Realized (losses) gains	$ 0.8	$ 1.2	$ 8	$ 19.7
Unrealized gains (losses)	0	0	0.1	(0.3)
Total	0.8	1.2	8.1	19.4
Commodity derivatives
Derivative Instruments, Gain (Loss) [Line Items]
Realized (losses) gains	(0.4)	(0.3)	(2.1)	11.6
Unrealized gains (losses)	0.2	0.7	2.5	(15.8)
Total	$ (0.2)	$ 0.4	$ 0.4	$ (4.2)

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value of note (excluding unamortized debt issuance costs)	$ 2,698.1		$ 2,698.1		$ 3,120.5
Cash collateral	21.8		21.8		13.8
Delek Logistics 2028 Notes | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value of note (excluding unamortized debt issuance costs)	400		400		400
Level 1 | Delek Logistics 2028 Notes | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	365.5		365.5		359.7
RINs commitment contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Gain (loss) on RINs Obligations surplus or deficit	3.6	$ (12.6)	1.8	$ (53.6)
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	139.1		139.1		328.9
Liabilities	(691.9)		(691.9)		(1,178.5)
Net liabilities	(552.8)		(552.8)		(849.6)
Fair Value, Measurements, Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0		0
Liabilities	0		0		0
Net liabilities	0		0		0
Fair Value, Measurements, Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	139.1		139.1		328.9
Liabilities	(691.9)		(691.9)		(1,178.5)
Net liabilities	(552.8)		(552.8)		(849.6)
Fair Value, Measurements, Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0		0
Liabilities	0		0		0
Net liabilities	0		0		0
Fair Value, Measurements, Recurring | Commodity derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	137		137		319.2
Liabilities	(147.6)		(147.6)		(334.7)
Fair Value, Measurements, Recurring | Commodity derivatives | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0		0
Liabilities	0		0		0
Fair Value, Measurements, Recurring | Commodity derivatives | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	137		137		319.2
Liabilities	(147.6)		(147.6)		(334.7)
Fair Value, Measurements, Recurring | Commodity derivatives | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0		0
Liabilities	0		0		0
Fair Value, Measurements, Recurring | RINs commitment contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2.1		2.1		9.7
Liabilities	(3.3)		(3.3)		(6.6)
Fair Value, Measurements, Recurring | RINs commitment contracts | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0		0
Liabilities	0		0		0
Fair Value, Measurements, Recurring | RINs commitment contracts | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2.1		2.1		9.7
Liabilities	(3.3)		(3.3)		(6.6)
Fair Value, Measurements, Recurring | RINs commitment contracts | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0		0		0
Liabilities	0		0		0
Fair Value, Measurements, Recurring | Environmental credits obligation surplus
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	(38.8)		(38.8)		(295.5)
Fair Value, Measurements, Recurring | Environmental credits obligation surplus | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	0		0		0
Fair Value, Measurements, Recurring | Environmental credits obligation surplus | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	(38.8)		(38.8)		(295.5)
Fair Value, Measurements, Recurring | Environmental credits obligation surplus | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	0		0		0
Fair Value, Measurements, Recurring | Inventory Intermediation Agreement obligation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	(502.2)		(502.2)		(541.7)
Fair Value, Measurements, Recurring | Inventory Intermediation Agreement obligation | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	0		0		0
Fair Value, Measurements, Recurring | Inventory Intermediation Agreement obligation | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	(502.2)		(502.2)		(541.7)
Fair Value, Measurements, Recurring | Inventory Intermediation Agreement obligation | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	$ 0		$ 0		$ 0

Commitments and Contingencies -

Commitments and Contingencies - Environmental Health and Safety (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Site Contingency [Line Items]
Accrued environmental liabilities	$ 114.7
Accrued environmental loss contingencies	$ 3.1
Environmental Loss Contingency Current Statement Of Financial Position Extensible Enumeration Not Disclosed Flag	true
Expected expending period	30 years
Environmental liabilities, net of current portion	$ 111.6	$ 111.5
License agreement term	10 years
Asphalt And Marine Fuel Terminal
Site Contingency [Line Items]
Environmental liabilities, net of current portion	$ 78.5	$ 78.5

Commitments and Contingencies_2

Commitments and Contingencies - El Dorado Refinery Fire (Details) $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Oct. 31, 2023 USD ($) employee	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)
Subsequent Event
Loss Contingencies [Line Items]
Number of employees | employee	6
El Dorado Refinery Fire
Loss Contingencies [Line Items]
Gain on business interruption claims		$ 0.2	$ 0.5	$ 1.1	$ 8.1
Litigation settlement, expense		$ 8		$ 8
El Dorado Refinery Fire | Subsequent Event
Loss Contingencies [Line Items]
Litigation settlement, expense	$ 10

Commitments and Contingencies_3

Commitments and Contingencies - Big Spring Refinery (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023
Big Spring Refinery
Loss Contingencies [Line Items]
Gain on business interruption claims	$ 3.3	$ 3.3

Commitments and Contingencies_4

Commitments and Contingencies - Winter Storm Uri (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Winter Storm Uri
Loss Contingencies [Line Items]
Gain on business interruption claims	$ 0	$ 6.9	$ 8.9	$ 17.9

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Effective tax rate (as percent)	18.80%	19.20%	17.40%	21.20%

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Related Party Transaction [Line Items]
Net revenues	$ 4,748.4	$ 5,324.9	$ 12,868.3	$ 15,766.6
Cost of materials and other	4,122.1	4,916	11,328.3	14,151.1
Related Party
Related Party Transaction [Line Items]
Net revenues	35.8	37.8	85.7	81.7
Cost of materials and other	$ 54.3	$ 34.7	$ 152.4	$ 81.8

Other Current Assets and Liab_3

Other Current Assets and Liabilities - Other Current Assets (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Other Current Assets and Liabilities [Abstract]
Prepaid expenses	$ 42.5	$ 45.4
Short-term derivative assets (see Note 10)	14.2	22.4
Investment commodities	11.5	29.8
Income and other tax receivables	9.9	20.9
Other	7.5	4.2
Total	$ 85.6	$ 122.7

Other Current Assets and Liab_4

Other Current Assets and Liabilities - Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Other Current Assets and Liabilities [Abstract]
Product financing agreements	$ 260.8	$ 258
El Dorado refinery fire settlement	177.5	2
Crude purchase liabilities	146.9	268.7
Income and other taxes payable	145.2	120.4
Employee costs	57.1	89.2
Consolidated Net RINs Obligation deficit (see Note 11)	38.8	295.5
Deferred revenue	13.8	44.6
Short-term derivative liabilities (see Note 10)	4.2	21.3
Other	72.2	67.1
Total	$ 916.5	$ 1,166.8

Equity-Based Compensation - Nar

Equity-Based Compensation - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	May 03, 2023	May 02, 2023
Equity-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise of equity-based awards (in shares)	48,154	53,522	409,993	389,293
Common Stock
Equity-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in Shares)					17,010,000	2,015,000
Delek US 2006 and 2016 Long-Term Incentive Plan
Equity-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 47.5		$ 47.5
Unrecognized compensation cost, period for recognition (years)			1 year 7 months 6 days
Delek US 2006 and 2016 and Alon USA Energy 2005 Long-Term Incentive Plan
Equity-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares paid for tax withholding for share based compensation (in shares)	59,836	50,521	205,944	318,684
General and Administrative Expense | Delek US 2006 and 2016 Long-Term Incentive Plan
Equity-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense	$ 7.2	$ 7.3	$ 18	$ 19.1

Shareholders' Equity- Dividends

Shareholders' Equity- Dividends Declared (Details) - $ / shares	Nov. 01, 2023	Aug. 04, 2023	May 02, 2023	Feb. 27, 2023
Class of Stock [Line Items]
Dividend Amount Per Share (in dollars per share)		$ 0.235	$ 0.230	$ 0.220
Subsequent Event
Class of Stock [Line Items]
Dividend Amount Per Share (in dollars per share)	$ 0.240

Shareholders' Equity - Narrativ

Shareholders' Equity - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended		9 Months Ended
	Mar. 07, 2022	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Class of Stock [Line Items]
Repurchase of common stock	$ 64	$ 25	$ 40	$ 65.4	$ 40
Authorization remaining under aggregate stock repurchase program		$ 205.1		$ 205.1
Stock repurchased and retired during period, cost per share (in dollars per share)	$ 18.30
Common Stock
Class of Stock [Line Items]
Retirement of Treasury shares in connection with Delek/Alon Merger (in shares)	3,497,268	981,690	1,435,602	2,793,317	1,435,602
Repurchase of common stock				$ 0.1

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Millions		1 Months Ended	3 Months Ended		9 Months Ended
	Mar. 07, 2022	Nov. 08, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Subsequent Event [Line Items]
Common stock repurchased and cancelled, value	$ 64		$ 25	$ 40	$ 65.4	$ 40
Subsequent Event
Subsequent Event [Line Items]
Common stock repurchased and cancelled (in shares)		769,450
Common stock repurchased and cancelled, value		$ 20