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Business Segments | 3 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Business Segments | Business Segments We identify reportable segments based on how we manage the company's operations. Our operations include the sale of retail motor fuel products and convenience merchandise along with the wholesale and bulk sale capabilities of our product supply and wholesale group. As the primary purpose of the product supply and wholesale group is to support our retail operations and provide fuel for their daily operation, the bulk and wholesale fuel sales are secondary to the support functions played by these groups. As such, they are all treated as one segment for reporting purposes as they sell the same products and have similar economic characteristics. This Marketing segment contains essentially all of the revenue generating activities of the Company. Results not included in the reportable segment are included in Corporate and Other Assets. The reportable segment was determined based on information reviewed by the Chief Operating Decision Maker (CODM), who is the Chief Executive Officer. The CODM evaluates performance and allocates resources for its reportable segment using segment income or loss. This metric is used to evaluate the overall financial performance of the Marketing segment, make operational and strategic decisions, prepare our annual plan, and allocate resources. The accounting policies for the Marketing segment are consistent with those described in the summary of significant accounting policies. No eliminations are required for the presentation below as virtually all corporate and other costs are allocated to the Marketing segment.
Marketing Segment Information |  | Three Months Ended March 31,
(Millions of dollars) |  | 2025 |  | 2024
Revenues from external customers |  | $ | 4,525.3 |  |  | $ | 4,843.6 |
Reconciliation of revenue |  |  |  |
Other revenues 1 |  | 0.1 |  |  | 0.1 |
Total consolidated revenue |  | $ | 4,525.4 |  |  | $ | 4,843.7 |
Less:2 |  |  |  |
Cost of goods sold |  | 4,041.8 |  |  | 4,365.2 |
Store and other operating expenses |  | 266.0 |  |  | 252.1 |
Selling, general and administrative |  | 60.1 |  |  | 62.1 |
Depreciation and amortization |  | 61.5 |  |  | 54.9 |
Other segment items 3 |  | 1.2 |  |  | 0.9 |
Interest expense |  | 1.9 |  |  | 2.1 |
Segment income before income taxes |  | $ | 92.8 |  |  | $ | 106.3 |
Reconciliation of income before income taxes |  |  |  |
Income before income taxes |  | $ | 61.9 |  |  | $ | 81.9 |
Other (revenues)1 |  | (0.1) |  |  | (0.1) |
Other operating expenses |  | 0.1 |  |  | — |
Depreciation and amortization |  | 6.7 |  |  | 3.8 |
(Gain) loss on sale of assets |  | — |  |  | (0.5) |
Investment (income) loss |  | 0.1 |  |  | (1.2) |
Interest expense |  | 23.5 |  |  | 22.8 |
Other nonoperating (income) expense |  | 0.6 |  |  | (0.4) |
Segment income before income taxes |  | $ | 92.8 |  |  | $ | 106.3 |
1 Revenues from corporate and other assets not included in the reportable segment results.
2 The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. Intersegment expenses are included within the amounts shown.
3 Other segment items includes: accretion of asset retirement obligations, impairment of properties, (gain) loss on sale of assets and other nonoperating (income) expense
Other specified segment disclosures
(Millions of dollars) |  | Marketing Totals |  | Reconciling Items 4 |  | Consolidated Totals
Three Months Ended March 31, 2025 |  |  |
Accretion of asset retirement obligations |  | $ | 0.9 |  |  | $ | — |  |  | $ | 0.9 |
Deferred and noncurrent income taxes (benefits) |  | $ | (2.0) |  |  | $ | 0.6 |  |  | $ | (1.4) |
Additions to property, plant and equipment |  | $ | 60.8 |  |  | $ | 3.2 |  |  | $ | 64.0 |
(Millions of dollars) |  | Marketing Totals |  | Reconciling Items 4 |  | Consolidated Totals
Three Months Ended March 31, 2024 |  |  |
Accretion of asset retirement obligations |  | $ | 0.8 |  |  | $ | — |  |  | $ | 0.8 |
Deferred and noncurrent income taxes (benefits) |  | $ | (0.5) |  |  | $ | — |  |  | $ | (0.5) |
Additions to property, plant and equipment |  | $ | 71.2 |  |  | $ | 11.0 |  |  | $ | 82.2 |
Reconciliation of Assets
|  | March 31, |  | December 31,
(Millions of dollars) |  | 2025 |  | 2024
Assets |  |  |  |
Marketing assets |  | $ | 4,316.6 |  |  | $ | 4,326.8 |
All other assets 4 |  | 185.9 |  |  | 214.8 |
Total consolidated assets |  | $ | 4,502.5 |  |  | $ | 4,541.6 |
4 Corporate and other assets not included in the reportable segment results.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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