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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents (HEP: $10,424 and $2,830, respectively) $ 233,359 $ 567,985
Marketable securities 392,859 474,110
Total cash, cash equivalents and short-term marketable securities 626,218 1,042,095
Accounts receivable: Product and transportation (HEP: $40,044 and $40,129, respectively) 594,960 507,040
Crude oil resales 31,147 82,865
Accounts receivable, total 626,107 589,905
Inventories: Crude oil and refined products 1,062,630 920,104
Materials and supplies (HEP: $1,934 and $1,940, respectively) 127,288 115,027
Inventories, total 1,189,918 1,035,131
Income taxes receivable 8,351 11,719
Prepayments and other (HEP: $2,804 and $2,443, respectively) 68,945 104,148
Total current assets 2,519,539 2,782,998
Properties, plants and equipment, at cost (HEP: $1,313,924 and $1,269,161, respectively) 5,156,745 4,852,441
Less accumulated depreciation (HEP: $(270,949) and $(244,850), respectively) (1,288,350) (1,181,902)
Properties, plants and equipment, net 3,868,395 3,670,539
Turnaround costs 251,901 257,153
Goodwill (HEP: $288,991 and $288,991, respectively) 2,331,781 2,331,781
Intangibles and other (HEP: $71,897 and $73,928, respectively) 173,670 188,169
Other assets, total 2,757,352 2,777,103
Total assets 9,145,286 9,230,640
Current liabilities:    
Accounts payable (HEP: $16,128 and $17,881, respectively) 1,050,392 1,108,138
Income taxes payable 7,569 19,642
Accrued liabilities (HEP: $25,885 and $26,321, respectively) 113,246 106,214
Deferred income tax liabilities 69,284 17,409
Total current liabilities 1,240,491 1,251,403
Long-term debt (HEP: $900,905 and $867,579, respectively) 933,162 1,054,890
Deferred income taxes (HEP: $332 and $367, respectively) 627,537 646,870
Other long-term liabilities (HEP: $56,283 and $47,170, respectively) 176,141 176,758
HollyFrontier stockholders' equity:    
Preferred stock, $1.00 par value - 5,000,000 shares authorized; none issued 0 0
Common stock $.01 par value - 320,000,000 shares authorized; 255,962,866 shares issued as of June 30, 2015 and December 31, 2014 2,560 2,560
Additional capital 3,956,289 4,003,628
Retained earnings 3,241,085 2,778,577
Accumulated other comprehensive income 12,690 27,894
Common stock held in treasury, at cost - 67,397,641 and 59,876,776 shares as of June 30, 2015 and December 31, 2014, respectively (1,609,565) (1,289,075)
Total HollyFrontier stockholders' equity 5,603,059 5,523,584
Noncontrolling interest 564,896 577,135
Total equity 6,167,955 6,100,719
Total liabilities and equity 9,145,286 9,230,640
HEP [Member]    
Current assets:    
Cash and cash equivalents (HEP: $10,424 and $2,830, respectively) 10,424 2,830
Total cash, cash equivalents and short-term marketable securities 10,424 2,830
Accounts receivable: Product and transportation (HEP: $40,044 and $40,129, respectively) 40,044 40,129
Materials and supplies (HEP: $1,934 and $1,940, respectively) 1,934 1,940
Prepayments and other (HEP: $2,804 and $2,443, respectively) 2,804 2,443
Properties, plants and equipment, at cost (HEP: $1,313,924 and $1,269,161, respectively) 1,313,924 1,269,161
Less accumulated depreciation (HEP: $(270,949) and $(244,850), respectively) (270,949) (244,850)
Goodwill (HEP: $288,991 and $288,991, respectively) 288,991 288,991
Intangibles and other (HEP: $71,897 and $73,928, respectively) 71,897 73,928
Total assets 1,459,069 1,434,572
Current liabilities:    
Accounts payable (HEP: $16,128 and $17,881, respectively) 16,128 17,881
Accrued liabilities (HEP: $25,885 and $26,321, respectively) 25,885 26,321
Long-term debt (HEP: $900,905 and $867,579, respectively) 900,905 867,579
Deferred income taxes (HEP: $332 and $367, respectively) 332 367
Other long-term liabilities (HEP: $56,283 and $47,170, respectively) $ 56,283 $ 47,170