XML 116 R98.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information (Schedule Of Segment Reporting Information) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Segment Reporting Information [Line Items]                      
Sales and other revenues $ 3,992,705 $ 3,719,247 $ 3,458,864 $ 3,080,483 $ 2,955,068 $ 2,847,270 $ 2,714,638 $ 2,018,724 $ 14,251,299 $ 10,535,700 $ 13,237,920
Intersegment Revenues                 0 0 0
Revenues                 14,251,299 10,535,700 13,237,920
Refining and Marketing Costs                 11,467,799 8,765,927 10,239,218
Lower of cost or market inventory valuation adjustment 93,400 (111,100)     (97,700)   138,500 56,100 (108,685) (291,938) 226,979
Operating Expenses                 1,294,234 1,018,839 1,060,373
Selling, General and Administrative Expense                 264,874 125,648 120,846
Depreciation, Depletion and Amortization                 409,937 363,027 346,151
Income (loss) from operations 365,652 [1],[2] $ 449,280 [1],[2] 121,685 [1],[2] $ (32,724) [1],[2] 112,292 [3],[4] $ 124,765 [3],[4] $ (420,542) [3],[4] $ 83,598 [3],[4] 903,893 (99,887) 1,244,353
Income (Loss) from Equity Method Investments                 12,510 14,213 (3,738)
Goodwill, Impairment Loss                   654,084  
Asset Impairment Charges     $ 23,200           19,247 654,084 0
Property, Plant and Equipment, Additions                 272,259 479,790 676,155
Assets 10,692,154       9,435,661       10,692,154 9,435,661 8,388,299
Refining                      
Segment Reporting Information [Line Items]                      
Sales and other revenues                 12,579,672 10,002,831 12,677,901
Intersegment Revenues                 338,390 317,884 361,211
Revenues                 12,918,062 10,320,715 13,039,112
Refining and Marketing Costs                 11,009,345 9,003,505 10,472,268
Lower of cost or market inventory valuation adjustment                 (107,479) (287,848) 225,736
Operating Expenses                 1,006,675 909,724 940,629
Selling, General and Administrative Expense                 103,067 92,297 91,279
Depreciation, Depletion and Amortization                 289,434 281,701 273,091
Income (loss) from operations                 597,773 (332,748) 1,036,109
Income (Loss) from Equity Method Investments                 0 0 0
Goodwill, Impairment Loss                   654,084  
Asset Impairment Charges                 19,247    
Property, Plant and Equipment, Additions                 176,533 357,407 461,326
Assets 6,474,666       6,048,091       6,474,666 6,048,091 6,286,154
324191 Petroleum Lubricating Oil and Grease Manufacturing [Member]                      
Segment Reporting Information [Line Items]                      
Sales and other revenues                 1,594,036 464,359 493,282
Intersegment Revenues                 0 0 0
Revenues                 1,594,036 464,359 493,282
Refining and Marketing Costs                 1,093,984 377,136 414,553
Lower of cost or market inventory valuation adjustment                 (1,206) (4,090) 1,243
Operating Expenses                 222,461 13,867 14,042
Selling, General and Administrative Expense                 105,112 2,899 2,615
Depreciation, Depletion and Amortization                 31,894 620 254
Income (loss) from operations                 141,791 73,927 60,575
Income (Loss) from Equity Method Investments                 0 0 0
Goodwill, Impairment Loss                   0  
Asset Impairment Charges                 0    
Property, Plant and Equipment, Additions                 31,464 5,708 7,685
Assets 1,610,472       465,715       1,610,472 465,715 320,510
HEP                      
Segment Reporting Information [Line Items]                      
Sales and other revenues                 77,225 68,927 66,654
Intersegment Revenues                 377,137 333,116 292,221
Revenues                 454,362 402,043 358,875
Refining and Marketing Costs                 0 0 0
Lower of cost or market inventory valuation adjustment                 0 0 0
Operating Expenses                 137,605 123,984 105,554
Selling, General and Administrative Expense                 14,323 12,532 12,556
Depreciation, Depletion and Amortization                 77,660 68,811 61,690
Income (loss) from operations                 224,774 196,716 179,075
Income (Loss) from Equity Method Investments                 12,510 14,213 4,803
Goodwill, Impairment Loss                   0  
Asset Impairment Charges                 0    
Property, Plant and Equipment, Additions                 44,810 107,595 193,121
Assets 2,191,984       1,920,487       2,191,984 1,920,487 1,802,970
Corporate and Other                      
Segment Reporting Information [Line Items]                      
Sales and other revenues                 366 (417) 83
Intersegment Revenues                 (715,527) (651,000) (653,432)
Revenues                 (715,161) (651,417) (653,349)
Refining and Marketing Costs                 (635,530) (614,714) (647,603)
Lower of cost or market inventory valuation adjustment                 0 0 0
Operating Expenses                 (72,507) (28,736) 148
Selling, General and Administrative Expense                 42,372 17,920 14,396
Depreciation, Depletion and Amortization                 10,949 11,895 11,116
Income (loss) from operations                 (60,445) (37,782) (31,406)
Income (Loss) from Equity Method Investments                 0 0 (8,541)
Goodwill, Impairment Loss                   0  
Asset Impairment Charges                 0    
Property, Plant and Equipment, Additions                 19,452 9,080 14,023
Assets $ 415,032       $ 1,001,368       $ 415,032 $ 1,001,368 $ (21,335)
[1] For 2017, income from operations reflects long-lived asset impairment charges of $23.2 million in the second quarter.
[2] For 2017, income from operations reflects non-cash lower of cost or market inventory valuation charges of $11.8 million and $84.0 million for the first and second quarters, respectively, and a reduction of $111.1 million and $93.4 million for the third and fourth quarters, respectively.
[3] For 2016, income from operations reflects non-cash goodwill and long-lived asset impairment charges of $309.3 million and $344.8 million , respectively, in the second quarter.
[4] For 2016, income from operations reflects non-cash lower of cost or market inventory valuation reductions of $56.1 million and $138.5 million for the first and second quarters, respectively, and increases of $0.3 million for the third quarter and a reduction of $97.7 million for the fourth quarter.