XML 43 R5.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Net income (loss) attributable to Delek $ 149.3 $ (40.4) [1]
Other comprehensive income (loss):    
Net comprehensive income (loss) 10.3 2.1
Foreign currency translation gain (loss), net of taxes 0.2 (0.4)
Unrealized gain arising during the year related to:    
Net actuarial gain 0.2 0.2
Gain reclassified to earnings:    
Recognized due to curtailment and settlement 0.0 (0.1)
Net comprehensive income on postretirement benefit plans, net of taxes 0.2 0.1
Total other comprehensive income 10.7 1.4
Comprehensive income (loss) attributable to Delek 160.0 (39.0)
Commodity contracts    
Other comprehensive income (loss):    
Unrealized gains (losses) (6.0) 2.7
Realized losses (gains) reclassified 19.1 0.0
Net gains (losses) related to cash flow hedges 13.1 2.7
Income tax (expense) benefit (2.8) (0.6)
Net comprehensive income (loss) 10.3 2.1
Interest rate contracts    
Other comprehensive income (loss):    
Unrealized gains (losses) 0.0 (1.3)
Realized losses (gains) reclassified 0.0 0.7
Net gains (losses) related to cash flow hedges 0.0 (0.6)
Income tax (expense) benefit 0.0 0.2
Net comprehensive income (loss) $ 0.0 $ (0.4)
[1] Income tax benefit for the quarter ended March 31, 2018 reflects a correction made in our 2018 Annual Report on Form 10-K (filed on March 1, 2019) to record additional deferred tax expense totaling $5.5 million related to the recognition of a valuation allowance on deferred tax assets recognized in connection with the Big Spring Logistic Assets Acquisition (see Note 5) not previously reported in our March 31, 2018 Quarterly Report on Form 10-Q filed on May 10, 2018. Such amount is not considered material to the financial statements or the trend of earnings for that period. See Note 23 to our annual audited consolidated financial statements included in Part II, Item 8 of our 2018 Annual Report on Form 10-K filed on March 1, 2019 for further discussion.