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Inventories - Schedule of Lower of Cost or Market Reserve Activity (Details) $ in Millions | 6 Months Ended
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Jun. 30, 2025 USD ($)
Inventory Valuation Reserves [Roll Forward] |
Beginning balance | $ 289.0
Lower of cost or market inventory valuation adjustments | 31.0
Ending balance | 320.0
Refining |
Inventory Valuation Reserves [Roll Forward] |
Beginning balance | 189.0
Lower of cost or market inventory valuation adjustments | 56.0
Ending balance | 245.0
Renewables |
Inventory Valuation Reserves [Roll Forward] |
Beginning balance | 100.0
Lower of cost or market inventory valuation adjustments | (25.0)
Ending balance | $ 75.0

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- Definition Inventory Valuation Reserves + References No definition available. + Details
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- Definition The difference between the change in the inventory reserve representing the cumulative difference in cost between the first in, first out and the last in, first out inventory valuation methods and any LIFO decrement which have been reflected in the statement of income during the period. + References No definition available. + Details
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- Definition Amount of valuation reserve for inventory. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 330 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.BB) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480581/330-10-S99-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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