Delek US Holdings Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
DK$65.00+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (unaudited)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,037.6 | $821.8 |
| Accounts receivable, net | 561.6 | 783.7 |
| Inventories, net of inventory valuation reserves | 915.0 | 941.2 |
| Current assets of discontinued operations | — | 41.5 |
| Other current assets | 50.6 | 77.8 |
| Total current assets | 2,564.8 | 2,666.0 |
| Property, plant and equipment: | ||
| Property, plant and equipment | 4,790.7 | 4,460.3 |
| Less: accumulated depreciation | (1,961.7) | (1,764.0) |
| Property, plant and equipment, net | 2,829.0 | 2,696.3 |
| Operating lease right-of-use assets | 98.8 | 121.5 |
| Goodwill | 687.5 | 687.5 |
| Other intangibles, net | 328.6 | 287.7 |
| Equity method investments | 408.7 | 360.7 |
| Non-current assets of discontinued operations | — | 228.1 |
| Other non-current assets | 112.9 | 124.0 |
| Total assets | $7,030.3 | $7,171.8 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,713.6 | $1,814.3 |
| Current portion of long-term debt | 9.5 | 44.5 |
| Current portion of obligation under Inventory Intermediation Agreement | 3.6 | 0.4 |
| Current portion of operating lease liabilities | 45.6 | 50.1 |
| Current liabilities of discontinued operations | — | 11.5 |
| Accrued expenses and other current liabilities | 694.7 | 764.3 |
| Total current liabilities | 2,467.0 | 2,685.1 |
| Non-current liabilities: | ||
| Long-term debt, net of current portion | 2,779.9 | 2,555.3 |
| Obligation under Inventory Intermediation Agreement | 385.3 | 407.2 |
| Environmental liabilities, net of current portion | 33.7 | 110.9 |
| Asset retirement obligations | 24.4 | 36.4 |
| Deferred tax liabilities | 243.9 | 264.1 |
| Operating lease liabilities, net of current portion | 63.7 | 85.7 |
| Non-current liabilities of discontinued operations | — | 34.3 |
| Other non-current liabilities | 87.0 | 33.1 |
| Total non-current liabilities | 3,617.9 | 3,527.0 |
| Redeemable non-controlling interest | 70.0 | — |
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued and outstanding | — | — |
| Common stock, $0.01 par value, 110,000,000 shares authorized, 81,231,308 shares and 81,539,871 shares issued at September 30, 2024 and December 31, 2023, respectively | 0.8 | 0.8 |
| Additional paid-in capital | 1,172.7 | 1,113.6 |
| Accumulated other comprehensive loss | (4.8) | (4.8) |
| Treasury stock, 17,575,527 shares, at cost, at September 30, 2024 and December 31, 2023, respectively | (694.1) | (694.1) |
| Retained earnings | 228.5 | 430.0 |
| Non-controlling interests in subsidiaries | 172.3 | 114.2 |
| Total stockholders’ equity | 875.4 | 959.7 |
| Total liabilities, redeemable non-controlling interest and stockholders’ equity | $7,030.3 | $7,171.8 |
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