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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents (HEP: $8,565 and $7,776, respectively) $ 781,467 $ 630,757
Total cash, cash equivalents and short-term marketable securities 781,467 630,757
Accounts receivable: Product and transportation (HEP: $14,534 and $12,803, respectively) 669,978 659,530
Crude oil resales 172,820 61,203
Accounts receivable, total 842,798 720,733
Inventories: Crude oil and refined products 1,318,728 1,409,538
Materials, supplies and other (HEP: $916 and $916, respectively) 273,553 220,554
Inventories, total 1,592,281 1,630,092
Income taxes receivable 21,610 44,337
Prepayments and other (HEP: $2,092 and $1,395, respectively) 54,757 36,909
Total current assets 3,292,913 3,062,828
Properties, plants and equipment, at cost (HEP: $2,024,405 and $2,011,915, respectively) 6,557,922 6,523,789
Less accumulated depreciation (HEP: $(430,339) and $(408,599), respectively) (1,884,643) (1,810,515)
Properties, plants and equipment, net 4,673,279 4,713,274
Other assets: Turnaround costs 270,065 231,319
Goodwill (HEP: $312,059 and $310,610, respectively) 2,242,980 2,244,744
Intangibles and other (HEP: $201,699 and $206,167, respectively) 432,837 439,989
Other assets, total 2,945,882 2,916,052
Total assets 10,912,074 10,692,154
Current liabilities:    
Accounts payable (HEP $13,269 and $14,637, respectively) 1,194,082 1,220,795
Income taxes payable 35,717 3,159
Accrued liabilities (HEP: $28,313 and $33,214, respectively) 235,207 198,756
Total current liabilities 1,465,006 1,422,710
Long-term debt (HEP: $1,390,952 and $1,507,308, respectively) 2,382,874 2,498,993
Deferred income taxes (HEP: $565 and $525, respectively) 679,899 647,785
Other long-term liabilities (HEP: $62,886 and $62,590, respectively) 226,383 225,726
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; 256,015,579 and 256,015,550 shares issued as of March 31, 2018 and December 31, 2017, respectively 2,560 2,560
Additional capital 4,183,695 4,132,696
Retained earnings 3,544,830 3,346,615
Accumulated other comprehensive income 19,861 29,869
Common stock held in treasury, at cost - 79,236,939 and 78,607,928 shares as of March 31, 2018 and December 31, 2017, respectively (2,169,488) (2,140,911)
Total HollyFrontier stockholders' equity 5,581,458 5,370,829
Noncontrolling interest 576,454  
Total equity 6,157,912 5,896,940
Total liabilities and equity $ 10,912,074 $ 10,692,154