CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net income	$ 385,005	$ 185,301
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	173,983	144,601
Lower of cost or market inventory valuation adjustment	47,597	(8,551)
Earnings of equity method investments, inclusive of distributions	(1,799)	(520)
Gain on sale of assets	(414)	(2,669)
Deferred income taxes	15,305	(24,934)
Equity-based compensation expense	3,325	7,831
Change in fair value – derivative instruments	15,402	(226)
(Increase) decrease in current assets:
Accounts receivable	86,369	(419,609)
Inventories	(280,263)	(267,461)
Income taxes receivable	10,494	(3,026)
Prepayments and other	28,007	(12,334)
Increase (decrease) in current liabilities:
Accounts payable	(220,018)	790,060
Income taxes payable	51,697	12,284
Accrued liabilities	32,424	113,802
Turnaround expenditures	(163,734)	(45,156)
Other, net	(5,675)	(8,357)
Net cash provided by operating activities	177,705	461,036
Cash flows from investing activities:
Additions to properties, plants and equipment	(92,455)	(144,149)
Acquisitions, net of cash acquired	0	(231,201)
Proceeds from sale of assets	1,572	2,617
Distributions from equity method investments in excess of equity earnings	760	1,704
Net cash used for investing activities	(100,237)	(385,176)
Cash flows from financing activities:
Borrowings under credit agreements	42,000	360,000
Repayments under credit agreements	(58,500)	(58,500)
Purchase of treasury stock	(245,566)	(352)
Dividends	(87,987)	0
Distributions to noncontrolling interests	(25,986)	(17,003)
Payments on finance leases	(3,071)	(2,611)
Other, net	0	(148)
Net cash provided by (used for) financing activities	(379,110)	281,386
Effect of exchange rate on cash flow	1,506	588
Cash and cash equivalents:
Increase (decrease) for the period	(300,136)	357,834
Beginning of period	1,665,066	234,444
End of period	1,364,930	592,278
Cash paid during the period for:
Interest	(25,934)	(18,986)
Income taxes, net	(22,010)	(40,098)
Increase (decrease) in accrued and unpaid capital expenditures	(17,819)	(21,738)
HEP
Cash flows from investing activities:
Additions to properties, plants and equipment	(7,614)	(14,147)
HEP investment in Osage Pipe Line Company LLC	$ (2,500)	$ 0