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Segment Reporting (Tables) | 3 Months Ended
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Mar. 31, 2017
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following tables present financial information by segment for the three months ended March 31, 2017 and 2016:
| For the Three Months Ended March 31,
| 2017 |  | 2016
| Wholesale Segment |  | Retail Segment |  | Intercompany Eliminations |  | Totals |  | Wholesale Segment |  | Retail Segment |  | Intercompany Eliminations |  | Totals
| (in millions)
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail motor fuel | $ | — |  |  | $ | 1,516 |  |  |  |  | $ | 1,516 |  |  | $ | — |  |  | $ | 1,116 |  |  |  |  | $ | 1,116 |
Wholesale motor fuel sales to third parties | 2,243 |  |  | — |  |  |  |  | 2,243 |  |  | 1,496 |  |  | — |  |  |  |  | 1,496 |
Wholesale motor fuel sales to affiliates | 21 |  |  | — |  |  |  |  | 21 |  |  | 7 |  |  | — |  |  |  |  | 7 |
Merchandise | — |  |  | 540 |  |  |  |  | 540 |  |  | — |  |  | 524 |  |  |  |  | 524 |
Rental income | 19 |  |  | 4 |  |  |  |  | 23 |  |  | 19 |  |  | 3 |  |  |  |  | 22 |
Other | 13 |  |  | 38 |  |  |  |  | 51 |  |  | 18 |  |  | 32 |  |  |  |  | 50 |
Intersegment sales | 1,041 |  |  | 35 |  |  | (1,076 | ) |  | — |  |  | 754 |  |  | 31 |  |  | (785 | ) |  | — |
Total revenue | 3,337 |  |  | 2,133 |  |  | (1,076 | ) |  | 4,394 |  |  | 2,294 |  |  | 1,706 |  |  | (785 | ) |  | 3,215 |
Gross profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail motor fuel | — |  |  | 137 |  |  |  |  | 137 |  |  | — |  |  | 132 |  |  |  |  | 132 |
Wholesale motor fuel | 126 |  |  | — |  |  |  |  | 126 |  |  | 151 |  |  | — |  |  |  |  | 151 |
Merchandise | — |  |  | 170 |  |  |  |  | 170 |  |  | — |  |  | 166 |  |  |  |  | 166 |
Rental and other | 28 |  |  | 42 |  |  |  |  | 70 |  |  | 36 |  |  | 26 |  |  |  |  | 62 |
Total gross profit | 154 |  |  | 349 |  |  |  |  | 503 |  |  | 187 |  |  | 324 |  |  |  |  | 511 |
Total operating expenses | 91 |  |  | 364 |  |  |  |  | 455 |  |  | 89 |  |  | 330 |  |  |  |  | 419 |
Income (loss) from operations | 63 |  |  | (15 | ) |  |  |  | 48 |  |  | 98 |  |  | (6 | ) |  |  |  | 92 |
Interest expense, net | 20 |  |  | 44 |  |  |  |  | 64 |  |  | 12 |  |  | 16 |  |  |  |  | 28 |
Income (loss) before income taxes | 43 |  |  | (59 | ) |  |  |  | (16 | ) |  | 86 |  |  | (22 | ) |  |  |  | 64 |
Income tax expense (benefit) | 1 |  |  | (18 | ) |  |  |  | (17 | ) |  | (1 | ) |  | 3 |  |  |  |  | 2 |
Net income (loss) and comprehensive income (loss) | $ | 42 |  |  | $ | (41 | ) |  |  |  | $ | 1 |  |  | $ | 87 |  |  | $ | (25 | ) |  |  |  | $ | 62 |
Depreciation, amortization and accretion | 22 |  |  | 65 |  |  |  |  | 87 |  |  | 17 |  |  | 61 |  |  |  |  | 78 |
Interest expense, net | 20 |  |  | 44 |  |  |  |  | 64 |  |  | 12 |  |  | 16 |  |  |  |  | 28 |
Income tax expense (benefit) | 1 |  |  | (18 | ) |  |  |  | (17 | ) |  | (1 | ) |  | 3 |  |  |  |  | 2 |
EBITDA | 85 |  |  | 50 |  |  |  |  | 135 |  |  | 115 |  |  | 55 |  |  |  |  | 170 |
Non-cash compensation expense | — |  |  | 4 |  |  |  |  | 4 |  |  | 2 |  |  | 1 |  |  |  |  | 3 |
Loss on disposal of assets | 2 |  |  | 5 |  |  |  |  | 7 |  |  | — |  |  | 1 |  |  |  |  | 1 |
Unrealized gain on commodity derivatives | (5 | ) |  | — |  |  |  |  | (5 | ) |  | (3 | ) |  | — |  |  |  |  | (3 | )
Inventory adjustments | 13 |  |  | 1 |  |  |  |  | 14 |  |  | (11 | ) |  | (1 | ) |  |  |  | (12 | )
Adjusted EBITDA | $ | 95 |  |  | $ | 60 |  |  |  |  | $ | 155 |  |  | $ | 103 |  |  | $ | 56 |  |  |  |  | $ | 159 |
Capital expenditures | $ | 12 |  |  | $ | 54 |  |  |  |  | $ | 66 |  |  | $ | 37 |  |  | $ | 59 |  |  |  |  | $ | 96 |
Total assets as of March 31, 2017 and December 31, 2016, respectively | $ | 2,934 |  |  | $ | 5,520 |  |  |  |  | $ | 8,454 |  |  | $ | 3,201 |  |  | $ | 5,500 |  |  |  |  | $ | 8,701 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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