Company: DK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050541
Chunk: 7

Company: Delek US Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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5)— (6.5)— — — (20.0)— Taxes paid due to the net settlement of equity-based compensation— — (4.9)— — — — (0.8)(5.7)— Exercise of equity-based awards506,524 — — — — — — — — — Equity attributable to issuance of Delek Logistics common limited partner units, net of tax— — 50.5 — — — — 68.3 118.8 — Issuance of Delek Logistics preferred units— — — — — — — — — 70.0 Other127,242 — 2.7 — (0.3)— — (0.3)2.1 — Balance at September 30, 202481,231,308 $0.8 $1,172.7 $(4.8)$228.5 (17,575,527)$(694.1)$172.3 $875.4 $70.0 

See accompanying notes to the condensed consolidated financial statements

7 |

Financial Statements

Delek US Holdings, Inc.

Condensed Consolidated Statements of Cash Flows (unaudited)

(In millions)

Nine Months Ended September 30,20252024Cash flows from operating activities:Net loss$(53.8)$(118.8)Adjustments to reconcile net loss to net cash (used in) provided by operating activities:Depreciation and amortization296.7 278.2 Non-cash lease expense31.9 23.7 Deferred income taxes(13.7)(56.8)Asset impairment 16.3 31.3 Income from equity method investments(66.7)(77.4)Dividends from equity method investments27.9 43.9 Non-cash lower of cost or market/net realizable value adjustment39.2 (10.5)Loss on extinguishment of debt— 3.6 Small refinery exemption benefit(280.8)— Equity-based and non-cash compensation expense65.6 25.1 Loss (income) from discontinued operations1.4 (78.2)Other 13.7 1.6 Changes in assets and liabilities:Accounts receivable