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Consolidated Statements Of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 749,390 $ 292,844
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 113,050 63,140
Earnings of equity method investments, net of distributions (104) (82)
Gain on sale of marketable equity securities (326) 0
Deferred income taxes (2,683) (3,568)
Equity based compensation expense 17,491 5,562
Change in fair value - derivative instruments 10,289 7,155
(Increase) decrease in current assets:    
Accounts receivable 103,674 (38,017)
Inventories (195,200) (94,933)
Income taxes receivable 365 51,034
Prepayments and other 17,928 (13,088)
Increase (decrease) in current liabilities:    
Accounts payable (418,937) 160,760
Income taxes payable 121,899 23,002
Accrued liabilities (34,870) 16,712
Turnaround expenditures (46,995) (19,824)
Other, net (5,468) 7,299
Net cash provided by operating activities 429,503 457,996
Cash flows from investing activities:    
Additions to properties, plants and equipment (116,012) (133,405)
Investment in Sabine Biofuels (2,000) (9,125)
Purchases of marketable securities (166,429) (157,782)
Sales and maturities of marketable securities (151,996) (68,150)
Net cash used for investing activities (144,453) (255,062)
Cash flows from financing activities:    
Principal tender on senior notes (5,000) 0
Purchase of treasury stock 189,771 2,996
Net prepayment related to structured share repurchase arrangement (100,000) 0
Contribution from joint venture partner 6,000 16,500
Dividends (249,958) (15,984)
Excess tax benefit from equity based compensation 4,762 498
Deferred financing costs (3,229) (3,289)
Other (833) (563)
Net cash provided by (used for) financing activities (491,756) (5,346)
Cash and cash equivalents:    
Increase (decrease) for the period (206,706) 197,588
Beginning of period 1,578,904 229,101
End of period 1,372,198 426,689
Cash paid during the period for:    
Interest 48,928 34,264
Income taxes 301,854 89,935
HEP [Member]
   
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 18,587 14,544
Cash flows from investing activities:    
Additions to properties, plants and equipment (12,008) (22,900)
Cash flows from financing activities:    
Borrowings under credit agreement - HEP 99,000 64,000
Repayments under credit agreement - HEP (129,000) (37,000)
Net proceeds from issuance of senior notes - HEP 294,750 0
Principal tender on senior notes (185,000) 0
Distributions to noncontrolling interest (28,944) (25,133)
Purchase of units for incentive grants - HEP (4,533) (1,379)
Cash and cash equivalents:    
Beginning of period 3,269  
End of period $ 4,216