Long-Term Obligations and Notes Payable (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Outstanding borrowings, net of unamortized debt discounts and certain deferred financing costs, under Delek’s existing debt instruments are as follows (in millions):

	December 31, 2018		December 31, 2017
Revolving Credit Facility	$	300.0	$	—
Term Loan Credit Facility (1)	682.9		—
Delek Logistics Credit Facility	456.7		179.9
Delek Logistics Notes (2)	243.7		242.7
Wells Term Loan (3)	—		40.5
Wells Revolving Loan	—		45.0
Reliant Bank Revolver	30.0		17.0
Promissory Notes	70.0		95.1
Lion Term Loan (4)	—		203.4
Alon Partnership Credit Facility	—		100.0
Alon Partnership Term Loan	—		237.5
Convertible Notes (5)	—		146.0
Alon Term Loan Credit Facilities (6)	—		72.4
Alon Retail Credit Facilities (7)	—		86.1
	1,783.3		1,465.6
Less: Current portion of long-term debt and notes payable	32.0		590.2
	$	1,751.3	$	875.4

⁽¹⁾  The Term Loan Credit Facility is net of deferred financing costs of $3.5 million and debt discount of $8.4 million at December 31, 2018.

⁽²⁾  The Delek Logistics Notes are net of deferred financing costs of $4.8 million and $5.6 million, respectively, and debt discount of $1.5 million and $1.7 million, respectively, at December 31, 2018 and December 31, 2017.

⁽³⁾  The Wells Term Loan was extinguished on March 30, 2018, as further discussed below, and was net of deferred financing costs of a nominal amount and debt discount $0.3 million at December 31, 2017.

⁽⁴⁾  The Lion Term Loan Facility was extinguished on March 30, 2018, as further discussed below, and was net of deferred financing costs of $2.1 million and debt discount of $0.8 million at December 31, 2017.

⁽⁵⁾  The Convertible Notes were extinguished on September 17, 2018, as further discussed below, and were net of debt discount of $4.0 million at December 31, 2017.

⁽⁶⁾  The Alon Term Loan Credit Facilities were extinguished on March 30, 2018, as further discussed below, and were net of debt discount of $0.6 million at December 31, 2017.

⁽⁷⁾ 

The Alon Retail Credit Facilities were extinguished on March 30, 2018, as further discussed below, and were net of debt discount of $2.4 million at December 31, 2017.

Schedule of Maturities of Long-term Debt

Principal maturities of Delek's existing third-party debt instruments for the next five years and thereafter are as follows as of December 31, 2018 (in millions):

	2019		2020		2021		2022		2023		Thereafter		Total
Revolving Credit Facility	$	—	$	—	$	—	$	—	$	300.0	$	—	$	300.0
Term Loan Credit Facility	7.0		7.0		7.0		7.0		7.0		659.8		694.8
Delek Logistics Credit Facility	—		—		—		—		456.7		—		456.7
Delek Logistics Notes	—		—		—		—		—		250.0		250.0
Reliant Bank Revolver	—		30.0		—		—		—		—		30.0
Promissory Notes	25.0		25.0		20.0		—		—		—		70.0
Total	$	32.0	$	62.0	$	27.0	$	7.0	$	763.7	$	909.8	$	1,801.5