
	Year Ended December 31, 2025
(in millions)	Refining		Logistics		Corporate		Eliminations		Consolidated Total
Revenues	$	29,297.7	$	383.5	$	—	$	(348.9)	$	29,332.3
Cost of products and other	26,950.2		8.3		—		(331.5)		26,627.0
Operating expenses (income)	2,547.0		116.5		—		(17.5)		2,646.0
Depreciation and amortization expense	594.2		36.1		14.4		—		644.7
Other segment (income) expenses, net (1)	(831.4)		(86.9)		387.2		—		(531.1)
Income (loss) from operations	37.6		309.6		(401.5)		—		(54.3)
Interest (income) expense, net	(27.7)		(1.6)		210.9		—		181.6
Capital expenditures (3)	598.1		17.0		13.8		—		628.9


	Year Ended December 31, 2024
	Refining		Logistics		Corporate		Eliminations		Consolidated Total
Revenues	$	33,077.9	$	386.8	$	—	$	(349.4)	$	33,115.3
Cost of products and other	30,590.4		8.3		—		(332.0)		30,266.7
Operating expenses (income)	2,487.8		135.8		—		(17.4)		2,606.2
Depreciation and amortization expense	578.4		36.2		13.2		—		627.8
Other segment expenses, net (1) (2)	0.9		7.3		305.4		—		313.6
Income (loss) from operations (2)	(579.5)		199.1		(318.6)		—		(699.0)
Interest (income) expense, net	(14.1)		(1.9)		88.0		—		72.0
Capital expenditures (3)	994.8		6.5		7.0		—		1,008.3


	Year Ended December 31, 2023
	Refining		Logistics		Corporate		Eliminations		Consolidated Total
Revenues	$	38,288.5	$	384.1	$	—	$	(347.8)	$	38,324.8
Cost of products and other	33,000.8		—		—		(329.5)		32,671.3
Operating expenses (income)	2,581.3		131.9		—		(18.3)		2,694.9
Depreciation and amortization expense	523.9		36.1		11.5		—		571.5
Other segment (income) expenses, net (1) (2)	(1.1)		10.0		(573.3)		—		(564.4)
Income from operations (2)	2,183.6		206.1		561.8		—		2,951.5
Interest (income) expense, net	(4.8)		2.3		66.3		—		63.8
Capital expenditures (3)	1,152.9		11.9		8.8		—		1,173.6


	Balance at December 31, 2025
	Refining		Logistics		Corporate		Eliminations		Consolidated Total
Total assets (4)	$	11,469.1	$	683.4	$	906.3	$	(38.9)	$	13,019.9


	Balance at December 31, 2024
	Refining		Logistics		Corporate		Eliminations		Consolidated Total
Total assets (4)	$	10,945.5	$	781.9	$	1,015.4	$	(39.6)	$	12,703.2

(1) Other segment (income) expenses, net include General and administrative expenses (excluding depreciation and amortization expenses), Gain on insurance recoveries, net, Change in fair value of contingent consideration, net, Equity loss in investee, Loss (gain) on formation of SBR equity method investment, and (Gain) loss on sale of assets.

(2) Income (loss) from operations and Other segment (income) expenses, net within Corporate for the year ended December 31, 2024, included a $8.7 million reduction of the gain associated with the formation of the SBR equity method investment.

(3) For the year ended December 31, 2025, the Company’s refining segment Capital expenditures exclude $532.9 million of costs associated with the rebuild of units damaged by the Martinez refinery fire. For the years ended December 31, 2024 and December 31, 2023, the Company’s refining segment includes $5.6 million and $312.7 million, respectively, of capital expenditures related to the Renewable Diesel Facility.

(4) As of December 31, 2025 and December 31, 2024, Corporate assets include the Company’s Equity method investment in SBR of $826.3 million and $866.8 million, respectively.