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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income (loss) $ 14.8 $ (62.7) [1]
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 68.3 68.5 [2]
Non-Cash Lease Expense 13.4 15.3 [2]
Deferred income taxes 10.4 8.9 [2]
Income from equity method investments (10.9) (4.8) [1],[2]
Dividends from equity method investments 6.6 5.7 [2]
Non-cash lower of cost or market/net realizable value adjustment (8.5) 0.8 [2]
Equity-based compensation expense 5.4 4.6 [2]
Other 4.7 3.9 [2]
Changes in assets and liabilities:    
Accounts receivable (628.4) (192.3) [2]
Inventories and other current assets (465.2) (343.6) [2]
Fair value of derivatives (68.3) (91.9) [2]
Accounts payable and other current liabilities 988.6 510.3 [2]
Obligation under Supply and Offtake Agreements 101.8 51.6 [2]
Non-current assets and liabilities, net (5.9) (8.6) [2]
Net cash provided by (used in) operating activities 26.8 (34.3)
Cash flows from investing activities:    
Equity method investment contributions 0.0 (1.5) [2]
Distribution from equity method investments 0.6 4.0 [2]
Purchases of property, plant and equipment (29.5) (48.3) [2]
Purchase of intangible assets (2.4) (0.5) [2]
Proceeds from sale of property, plant and equipment 1.0 0.2 [2]
Insurance proceeds 0.1 0.0 [2]
Net cash used in investing activities (30.2) (46.1)
Cash flows from financing activities:    
Proceeds from long-term revolvers 415.1 609.0 [2]
Payments on long-term revolvers (409.0) (568.1) [2]
Payments on term debt (13.3) (23.3) [2]
Proceeds from product financing agreements 317.9 277.2 [2]
Repayments of product financing agreements (253.1) (199.3) [2]
Taxes paid due to the net settlement of equity-based compensation (0.3) (1.1) [2]
Distribution to non-controlling interest (8.7) (8.0) [2]
Proceeds from sale of Delek Logistics LP common limited partner units 16.4 0.0 [2]
Purchase of Delek common stock from IEP Energy Holding LLC (64.0) 0.0 [2]
Net cash provided by financing activities 1.0 86.4 [2]
Net (decrease) increase in cash and cash equivalents (2.4) 6.0 [2]
Cash and cash equivalents at the beginning of the period 856.5 787.5 [2]
Cash and cash equivalents of continuing operations at the end of the period 854.1 793.5 [2]
Cash paid during the period for:    
Interest, net of capitalized interest 24.4 142.1 [2]
Income taxes 1.0 0.1 [2]
Non-cash investing activities:    
Increase in accrued capital expenditures 3.4 18.8 [2]
Non-cash financing activities:    
Non-cash lease liability arising from obtaining right of use assets during the period 1.5 19.6 [2]
Interest Paid, Capitalized, Investing Activities $ 0.4 $ 0.4
[1] Adjusted to reflect the retrospective change in accounting policy from LIFO to FIFO for certain inventories. See Note 6 for further discussion.
[2] Adjusted to reflect the retrospective change in accounting policy from LIFO to FIFO for certain inventories. See Note 6 for further discussion.