Delek Logistics (Tables)

9 Months Ended

Sep. 30, 2022

Delek Logistics is a VIE, as defined under GAAP, and is consolidated into our condensed consolidated financial statements, representing our logistics segment. The assets of Delek Logistics can only be used to settle its own obligations and its creditors have no recourse to our assets. Exclusive of intercompany balances and the marketing agreement intangible asset between Delek Logistics and Delek which are eliminated in consolidation, the Delek Logistics condensed consolidated balance sheets as presented below are included in the condensed consolidated balance sheets of Delek (unaudited, in millions).



	September 30, 2022		December 31, 2021
ASSETS
Cash and cash equivalents	$	14.9	$	4.3
Accounts receivable	53.4		15.4

Inventory	2.5		2.4
Other current assets	2.4		1.0
Property, plant and equipment, net	875.6		449.4
Equity method investments	248.0		250.0
Operating lease right-of-use assets	24.3		20.9
Goodwill	26.6		12.2
Intangible assets, net	370.4		153.9
Other non-current assets	20.1		25.6
Total assets	$	1,638.2	$	935.1
LIABILITIES AND DEFICIT
Accounts payable	$	53.0	$	8.2
Accounts payable to related parties	173.2		64.4

Current portion of operating lease liabilities	7.8		6.8
Accrued expenses and other current liabilities	31.9		17.4
Long-term debt	1,448.8		899.0
Asset retirement obligations	9.2		6.5

Operating lease liabilities, net of current portion	11.8		14.1
Other non-current liabilities	16.8		22.7
Deficit	(114.3)		(104.0)
Total liabilities and deficit	$	1,638.2	$	935.1