Other Current Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2026

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	March 31, 2026		December 31, 2025
Prepaid expenses	$	122.8	$	55.8
Short-term derivative assets (see Note 10)	16.4		0.7
Income and other tax receivables	4.7		7.2
Other	6.0		3.8
Total	$	149.9	$	67.5

The detail of accrued expenses and other current liabilities is as follows (in millions):

Accrued Expenses and Other Current Liabilities	March 31, 2026		December 31, 2025
Consolidated Net RINs deficit(1) (see Note 11)	$	461.1	$	107.4
Crude purchase liabilities	281.0		182.5
Product financing agreements	144.1		243.8
Deferred revenue	68.4		71.0
Income and other taxes payable	53.0		86.5
Employee costs	48.2		73.3
Short-term derivative liabilities (see Note 10)	3.1		2.7
Other	90.2		91.7
Total	$	1,149.1	$	858.9

(1)Inclusive of a RIN lower of cost or market reserve of $7.7 million as of December 31, 2025.