Company: DK
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001694426-25-000013
Chunk: 262

Company: Delek US Holdings, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 15
Chunk 262
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 Delek Logistics and Delek which are eliminated in consolidation, the Delek Logistics consolidated balance sheets are included in the consolidated balance sheets of Delek. The Delek Logistics consolidated balance sheets are presented below (in millions):

F-30 |

As of December 31, 2024As of December 31, 2023ASSETS  Cash and cash equivalents$5.4 $3.8 Accounts receivable54.7 41.1 Accounts receivable from related parties33.3 28.4 Lease receivable - affiliate22.8 — Inventory5.4 2.3 Other current assets24.2 0.7 Property, plant and equipment, net1,064.3 936.2 Equity method investments 317.2 241.3 Operating lease right-of-use assets16.7 19.0 Goodwill12.2 12.2 Intangible assets, net281.5 343.0 Net lease investment - affiliate193.1 — Other non-current assets10.8 14.2 Total assets$2,041.6 $1,642.2 LIABILITIES AND EQUITY (DEFICIT)Accounts payable$41.4 $26.3 Current portion of long-term debt— 30.0 Current portion of operating lease liabilities5.3 6.7 Accrued expenses and other current liabilities42.1 27.6 Long-term debt, net of current portion1,875.4 1,673.8 Asset retirement obligations15.6 10.0 Operating lease liabilities, net of current portion6.0 8.3 Other non-current liabilities20.3 21.4 Equity (deficit)35.5 (161.9)Total liabilities and equity (deficit)$2,041.6 $1,642.2 

8.  Equity Method Investments 

Delek Logistics InvestmentsOn August 1, 2024, Delek purchased an additional 0.6% indirect investment in Wink to Webster Pipeline LLC ("WWP") for $18.6 million, bringing our total indirect ownership in the pipeline joint venture to 15.6%. On August 5, 2024, we contributed all of our 50% investment in W2W Holdings LLC ("HoldCo") which includes our 15.6%