Segment Data (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of Business Segment Operating Performance

The following is a summary of business segment operating performance as measured by contribution margin for the period indicated (in millions):

	Three Months Ended September 30, 2022
	Refining		Logistics		Retail		Corporate, Other and Eliminations		Consolidated
Net revenues (excluding inter-segment fees and revenues)	$	3,989.3	$	166.9	$	253.1	$	915.6	$	5,324.9
Inter-segment fees and revenues	256.8		127.2		—		(384.0)		—
Operating costs and expenses:
Cost of materials and other	3,968.1		177.7		210.3		559.9		4,916.0
Operating expenses (excluding depreciation and amortization presented below)	172.0		25.9		25.4		3.1		226.4
Segment contribution margin	$	106.0	$	90.5	$	17.4	$	(31.4)	182.5
Income from equity method investments	0.1		8.6		—		9.1
Segment contribution margin and income (loss) from equity method investments	$	106.1	$	99.1	$	17.4	$	(22.3)
Depreciation and amortization	$	48.9	$	19.6	$	2.6	$	1.8	72.9
General and administrative expenses									62.4
Other operating income, net									(5.8)
Operating income									$	53.0
Capital spending (excluding business combinations)	$	22.7	$	32.2	$	13.6	$	12.3	$	80.8

	Three Months Ended September 30, 2021
	Refining (1)		Logistics		Retail		Corporate, Other and Eliminations (1)		Consolidated (1)
Net revenues (excluding inter-segment fees and revenues)	$	2,603.8	$	79.8	$	206.5	$	66.4	$	2,956.5
Inter-segment fees and revenues	210.8		109.8		—		(320.6)		—
Operating costs and expenses:
Cost of materials and other	2,648.3		105.1		165.2		(240.6)		2,678.0
Operating expenses (excluding depreciation and amortization presented below)	84.2		17.6		23.4		3.3		128.5
Segment contribution margin	$	82.1	$	66.9	$	17.9	$	(16.9)	150.0
Income (loss) from equity method investments	0.2		7.3		—		(4.6)
Segment contribution margin and income (loss) from equity method investments	$	82.3	$	74.2	$	17.9	$	(21.5)
Depreciation and amortization	$	45.9	$	10.2	$	3.0	$	1.7	60.8
General and administrative expenses									53.0
Other operating income, net									(1.7)
Operating income									$	37.9
Capital spending (excluding business combinations)	$	14.5	$	4.2	$	1.9	$	8.3	$	28.9

	Nine Months Ended September 30, 2022
	Refining		Logistics		Retail		Corporate, Other and Eliminations		Consolidated
Net revenues (excluding inter-segment fees and revenues)	$	11,755.3	$	390.3	$	739.7	$	2,881.3	$	15,766.6
Inter-segment fees and revenues	795.0		377.1		—		(1,172.1)		—
Operating costs and expenses:
Cost of materials and other	11,272.2		480.3		617.1		1,781.5		14,151.1
Operating expenses (excluding depreciation and amortization presented below)	456.9		65.0		73.2		20.7		615.8
Segment contribution margin	$	821.2	$	222.1	$	49.4	$	(93.0)	999.7
Income from equity method investments	0.5		22.7		—		21.2
Segment contribution margin and income (loss) from equity method investments	$	821.7	$	244.8	$	49.4	$	(71.8)
Depreciation and amortization	$	151.6	$	43.3	$	9.3	$	5.0	209.2
General and administrative expenses									242.0
Other operating income, net									(44.5)
Operating income									$	593.0
Capital spending (excluding business combinations)	$	56.0	$	68.0	$	22.6	$	27.5	$	174.1

	Nine Months Ended September 30, 2021
	Refining (1)		Logistics		Retail		Corporate, Other and Eliminations		Consolidated (1)
Net revenues (excluding inter-segment fees and revenues)	$	6,415.1	$	202.6	$	590.3	$	332.2	$	7,540.2
Inter-segment fees and revenues	555.3		308.4		—		(863.7)		—
Operating costs and expenses:
Cost of materials and other	6,549.9		275.0		466.4		(479.9)		6,811.4
Operating expenses (excluding depreciation and amortization presented below)	313.9		48.0		67.4		20.7		450.0
Segment contribution margin	$	106.6	$	188.0	$	56.5	$	(72.3)	278.8
Income (loss) from equity method investments	0.5		18.0		—		(4.0)
Segment contribution margin and income (loss) from equity method investments	$	107.1	$	206.0	$	56.5	$	(76.3)
Depreciation and amortization	$	149.0	$	30.9	$	9.6	$	6.1	195.6
General and administrative expenses									147.6
Other operating income, net									(4.7)
Operating loss									$	(59.7)
Capital spending (excluding business combinations)	$	133.0	$	14.6	$	3.2	$	10.8	$	161.6

(1) Adjusted to reflect the retrospective change in accounting policy from LIFO to FIFO for certain inventories. See Note 7 for further discussion.