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Other Comprehensive Income (Loss) (Tables)
 6 Months Ended
Jun. 30, 2016
Other Comprehensive Income (Loss) [Abstract]  
Components And Allocated Tax Effects Of Other Comprehensive Income (Loss)
The components and allocated tax effects of other comprehensive income (loss) are as follows:
 
 
Before-Tax
 
Tax Expense
(Benefit)
 
After-Tax
 
 
(In thousands)
Three Months Ended June 30, 2016
 
 
 
 
 
 
Net unrealized gain on marketable securities
 
$
12

 
$
4

 
$
8

Net unrealized gain on hedging instruments
 
16,900

 
6,574

 
10,326

Other comprehensive income
 
16,912

 
6,578

 
10,334

Less other comprehensive loss attributable to noncontrolling interest
 
(85
)
 
—

 
(85
)
Other comprehensive income attributable to HollyFrontier stockholders
 
$
16,997

 
$
6,578

 
$
10,419

 
 
 
 
 
 
 
Three Months Ended June 30, 2015
 
 
 
 
 
 
Net unrealized loss on marketable securities
 
$
(63
)
 
$
(25
)
 
$
(38
)
Net unrealized loss on hedging instruments
 
(5,809
)
 
(2,300
)
 
(3,509
)
Other comprehensive loss
 
(5,872
)
 
(2,325
)
 
(3,547
)
Less other comprehensive income attributable to noncontrolling interest
 
135

 
—

 
135

Other comprehensive loss attributable to HollyFrontier stockholders
 
$
(6,007
)
 
$
(2,325
)
 
$
(3,682
)
 
 
 
 
 
 
 
Six Months Ended June 30, 2016
 
 
 
 
 
 
Net unrealized gain on marketable securities
 
$
113

 
$
44

 
$
69

Net unrealized gain on hedging instruments
 
15,852

 
6,273

 
9,579

Other comprehensive income
 
15,965

 
6,317

 
9,648

Less other comprehensive loss attributable to noncontrolling interest
 
(360
)
 
—

 
(360
)
Other comprehensive income attributable to HollyFrontier stockholders
 
$
16,325

 
$
6,317

 
$
10,008

 
 
 
 
 
 
 
Six Months Ended June 30, 2015
 
 
 
 
 
 
Net unrealized gain on marketable securities
 
$
5

 
$
2

 
$
3

Net unrealized loss on hedging instruments
 
(25,128
)
 
(9,602
)
 
(15,526
)
Other comprehensive loss
 
(25,123
)
 
(9,600
)
 
(15,523
)
Less other comprehensive loss attributable to noncontrolling interest
 
(319
)
 
—

 
(319
)
Other comprehensive loss attributable to HollyFrontier stockholders
 
$
(24,804
)
 
$
(9,600
)
 
$
(15,204
)
Reclassifications from Other Comprehensive Income to Income Statement
The following table presents the income statement line item effects for reclassifications out of accumulated other comprehensive income (“AOCI”):
AOCI Component
 
Gain (Loss) Reclassified From AOCI
 
Income Statement Line Item
 
 
(In thousands)
 
 
 
 
Three Months Ended June 30,
 
 
 
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Marketable securities
 
$
—

 
$
6

 
Interest income
 
 
—

 
2

 
Income tax expense
 
 
—

 
4

 
Net of tax
 
 
 
 
 
 
 
Hedging instruments:
 
 
 
 
 
 
Commodity price swaps
 
(15,897
)
 
49,752

 
Sales and other revenues
 
 
—

 
(30,964
)
 
Cost of products sold
 
 
(6,283
)
 
(4,256
)
 
Operating expenses
Interest rate swaps
 
(113
)
 
(528
)
 
Interest expense
 
 
(22,293
)
 
14,004

 
 
 
 
(8,601
)
 
5,543

 
Income tax expense (benefit)
 
 
(13,692
)
 
8,461

 
Net of tax
 
 
69

 
320

 
Noncontrolling interest
 
 
(13,623
)
 
8,781

 
Net of tax and noncontrolling interest
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(13,623
)
 
$
8,785

 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30,
 
 
 
 
2016
 
2015
 
 
 
 
 
 
 
 
 
Marketable securities
 
$
(23
)
 
$
4

 
Interest income
 
 
—

 
42

 
Gain on sale of assets
 
 
(23
)
 
46

 
 
 
 
(9
)
 
18

 
Income tax expense (benefit)
 
 
(14
)
 
28

 
Net of tax
 
 
 
 
 
 
 
Hedging instruments:
 
 
 
 
 
 
Commodity price swaps
 
(20,653
)
 
98,932

 
Sales and other revenues
 
 
—

 
(71,733
)
 
Cost of products sold
 
 
(12,853
)
 
(8,245
)
 
Operating expenses
Interest rate swaps
 
(343
)
 
(1,059
)
 
Interest expense
 
 
(33,849
)
 
17,895

 
 
 
 
(13,019
)
 
7,174

 
Income tax expense (benefit)
 
 
(20,830
)
 
10,721

 
Net of tax
 
 
209

 
642

 
Noncontrolling interest
 
 
(20,621
)
 
11,363

 
Net of tax and noncontrolling interest
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(20,635
)
 
$
11,391

 
 
Accumulated Other Comprehensive Loss In Equity
Accumulated other comprehensive income (loss) in the equity section of our consolidated balance sheets includes:
 
 
June 30,
2016
 
December 31,
2015
 
 
(In thousands)
Unrealized gain on post-retirement benefit obligations
 
$
20,737

 
$
20,737

Unrealized gain (loss) on marketable securities
 
8

 
(61
)
Unrealized loss on hedging instruments, net of noncontrolling interest
 
(14,892
)
 
(24,831
)
Accumulated other comprehensive income (loss)
 
$
5,853

 
$
(4,155
)