v3.25.4

INVENTORIES (Tables)

12 Months Ended

Dec. 31, 2025

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventories consisted of the following:

(in millions)						December 31, 2025						December 31, 2024
Crude oil and feedstocks						$	1,438.0					$	1,232.7
Refined products and blendstocks						1,260.5						1,194.6
Warehouse stock and other						177.6						168.0
						2,876.1						2,595.3
Lower of cost or market adjustment						(313.0)						—
Total inventories						$	2,563.1					$	2,595.3

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

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-Topic 210
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-Section S99
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