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Business Segments (Tables)
12 Months Ended
Dec. 31, 2013
Business Segments [Abstract]  
Summary Of Information By Business Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment Information

 

 

 

 

Corporate and

 

Discontinued

 

 

 

 

(Thousands of dollars)

 

Marketing

 

Other Assets

 

Operations

 

Consolidated

 

Year ended December 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment income (loss)

 

$

164,013 

 

 

(7,687)

 

 

78,707 

 

$

235,033 

 

Revenues from external customers

 

 

17,814,081 

 

 

269,254 

 

 

 -

 

 

18,083,335 

 

Interest income

 

 

 -

 

 

1,099 

 

 

 -

 

 

1,099 

 

Interest expense

 

 

 -

 

 

(14,509)

 

 

 -

 

 

(14,509)

 

Income tax expense (benefit)

 

 

106,223 

 

 

(4,872)

 

 

 -

 

 

101,351 

 

Significant noncash charges (credits)

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

71,253 

 

 

2,877 

 

 

 -

 

 

74,130 

 

Accretion of asset retirement obligations

 

 

1,096 

 

 

 -

 

 

 -

 

 

1,096 

 

Impairment of properties

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

Deferred and noncurrent income taxes (benefits)

 

 

(9,796)

 

 

2,534 

 

 

 -

 

 

(7,262)

 

Additions to property, plant and equipment

 

 

162,051 

 

 

9,402 

 

 

519 

 

 

171,972 

 

Total assets at year-end

 

$

1,527,125 

 

 

354,117 

 

 

 -

 

$

1,881,242 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment Information

 

 

 

 

Corporate and

 

Discontinued

 

 

 

 

(Thousands of dollars)

 

Marketing

 

Other Assets

 

Operations

 

Consolidated

 

Year ended December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment income (loss)

 

$

139,583 

 

 

(53,169)

 

 

(2,846)

 

$

83,568 

 

Revenues from external customers

 

 

19,011,040 

 

 

290,268 

 

 

 -

 

 

19,301,308 

 

Interest income

 

 

 -

 

 

172 

 

 

 -

 

 

172 

 

Interest expense

 

 

 -

 

 

(384)

 

 

 -

 

 

(384)

 

Income tax expense (benefit)

 

 

92,059 

 

 

(28,354)

 

 

 -

 

 

63,705 

 

Significant noncash charges (credits)

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

66,913 

 

 

4,827 

 

 

 -

 

 

71,740 

 

Accretion of asset retirement obligations

 

 

980 

 

 

 -

 

 

 -

 

 

980 

 

Impairment of properties

 

 

 -

 

 

60,988 

 

 

 -

 

 

60,988 

 

Deferred and noncurrent income taxes (benefits)

 

 

3,393 

 

 

(19,856)

 

 

 -

 

 

(16,463)

 

Additions to property, plant and equipment

 

 

103,096 

 

 

1,400 

 

 

7,097 

 

 

111,593 

 

Total assets at year-end

 

 

1,765,020 

 

 

111,025 

 

 

116,420 

 

 

1,992,465 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment income (loss)

 

$

188,907 

 

 

(1,054)

 

 

136,167 

 

$

324,020 

 

Revenues from external customers

 

 

18,702,720 

 

 

216,496 

 

 

 -

 

 

18,919,216 

 

Interest income

 

 

 -

 

 

32 

 

 

 -

 

 

32 

 

Interest expense

 

 

 -

 

 

(408)

 

 

 -

 

 

(408)

 

Income tax expense (benefit)

 

 

123,618 

 

 

(658)

 

 

 -

 

 

122,960 

 

Significant noncash charges (credits)

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

61,135 

 

 

3,744 

 

 

 -

 

 

64,879 

 

Accretion of asset retirement obligations

 

 

877 

 

 

 -

 

 

 -

 

 

877 

 

Impairment of properties

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

Deferred and noncurrent income taxes (benefits)

 

 

22,686 

 

 

262 

 

 

 -

 

 

22,948 

 

Additions to property, plant and equipment

 

 

77,394 

 

 

22,575 

 

 

48,432 

 

 

148,401 

 

Total assets at year-end

 

$

1,524,898 

 

 

150,403 

 

 

109,682 

 

$

1,784,983