XML 116 R78.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity - Schedule of Changes in Stockholders' Equity (Details) - USD ($)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended 6 Months Ended
Feb. 26, 2018
Jan. 23, 2018
May 08, 2017
Dec. 31, 2017
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Balance at December 31, 2017             $ 1,964.2  
Net income         $ 86.7 $ (32.2) 66.7 $ (16.9)
Foreign currency translation (loss) gain         (0.2) 0.1 (0.6) 0.1
Other comprehensive income from equity method investments, net of income tax expense of a nominal amount         0.0 0.0 0.0 0.1
Other comprehensive income related to postretirement benefit plans         0.0 $ 0.0 0.1 $ 0.0
Common stock dividends ($0.45 per share)             (37.8)  
Distributions to non-controlling interests             (14.1)  
Equity-based compensation expense             10.4  
Issuance of stock for non-controlling interest repurchase, net of tax             13.5  
Noncontrolling Interest, Decrease from Deconsolidation             (18.7)  
Cumulative effect of adopting accounting principle regarding income tax effect of intra-equity transfers         (29.9)   (29.9)  
Repurchase of common stock   $ (75.3)   $ (25.0) (20.0)   (115.3)  
Taxes due to the net settlement of equity-based compensation             (8.8)  
Balance at June 30, 2018       1,964.2 $ 1,779.3   1,779.3  
Income tax benefit (expense) on unrealized gain on cash flow hedges             $ 13.3  
Common stock dividends (in dollars per share) $ 0.20   $ 0.25   $ 0.25 $ 0.15 $ 0.45 $ 0.30
Commodity contracts                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other comprehensive (loss) income related to derivatives         $ (52.0) $ 18.1 $ (49.9) $ 19.3
Income tax benefit (expense) on unrealized gain on cash flow hedges         13.9 (9.8) 13.3 (10.4)
Ineffectiveness gain         0.7 $ 0.2 0.7 $ 0.4
Delek Stockholders' Equity                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Balance at December 31, 2017             1,650.6  
Net income             44.2  
Foreign currency translation (loss) gain             (0.6)  
Other comprehensive income related to postretirement benefit plans             0.1  
Common stock dividends ($0.45 per share)             (37.8)  
Distributions to non-controlling interests             0.0  
Equity-based compensation expense             10.2  
Issuance of stock for non-controlling interest repurchase, net of tax             140.5  
Noncontrolling Interest, Decrease from Deconsolidation             0.0  
Cumulative effect of adopting accounting principle regarding income tax effect of intra-equity transfers         (29.9)   (29.9)  
Repurchase of common stock             (115.3)  
Taxes due to the net settlement of equity-based compensation             (8.8)  
Balance at June 30, 2018       1,650.6 1,602.8   1,602.8  
Delek Stockholders' Equity | Commodity contracts                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other comprehensive (loss) income related to derivatives             (49.9)  
Delek Stockholders' Equity | Interest rate derivatives                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other comprehensive (loss) income related to derivatives             (0.5)  
Non-Controlling Interest in Subsidiaries                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Balance at December 31, 2017             313.6  
Net income             22.5  
Foreign currency translation (loss) gain             0.0  
Other comprehensive income related to postretirement benefit plans             0.0  
Common stock dividends ($0.45 per share)             0.0  
Distributions to non-controlling interests             (14.1)  
Equity-based compensation expense             0.2  
Issuance of stock for non-controlling interest repurchase, net of tax             (127.0)  
Noncontrolling Interest, Decrease from Deconsolidation             (18.7)  
Cumulative effect of adopting accounting principle regarding income tax effect of intra-equity transfers         0.0   0.0  
Repurchase of common stock             0.0  
Taxes due to the net settlement of equity-based compensation             0.0  
Balance at June 30, 2018       $ 313.6 $ 176.5   176.5  
Non-Controlling Interest in Subsidiaries | Commodity contracts                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other comprehensive (loss) income related to derivatives             0.0  
Non-Controlling Interest in Subsidiaries | Interest rate derivatives                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other comprehensive (loss) income related to derivatives             $ 0.0