Revenues from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2018

Revenue from Contract with Customer [Abstract]

Disaggregated revenues are as follows:



	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
	(In thousands)
Revenues by type
Refined product revenues
Transportation fuels⁽¹⁾	$	3,520,014	$	2,720,243	$	6,594,402	$	5,070,747
Specialty lubricant products ⁽²⁾	417,177		394,485		816,216		684,338
Asphalt, fuel oil and other products ⁽³⁾	243,396		190,438		451,153		337,930

Total refined product revenues	4,180,587		3,305,166		7,861,771		6,093,015
Excess crude oil revenues ⁽⁴⁾	256,090		121,566		652,806		380,307
Transportation and logistic services	24,746		15,990		52,203		32,599
Other revenues ⁽⁵⁾	9,813		16,142		32,883		33,426

Total sales and other revenues	$	4,471,236	$	3,458,864	$	8,599,663	$	6,539,347



	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
	(In thousands)
Refined product revenues by market
North America
Mid-Continent	$	2,231,700	$	1,825,012	$	4,121,246	$	3,363,257
Southwest	1,002,075		694,624		1,848,553		1,258,503
Rocky Mountains	610,970		477,038		1,241,872		960,823
Northeast	93,179		76,399		176,036		129,116
Canada	191,939		182,797		372,361		300,755
Europe and Asia	50,724		49,296		101,703		80,561

Total refined product revenues	$	4,180,587	$	3,305,166	$	7,861,771	$	6,093,015


(1)	Transportation fuels consist of gasoline, diesel and jet fuel.


(2)	Specialty lubricant products consist of base oil, waxes, finished lubricants and other specialty fluids.

(3)

Asphalt, fuel oil and other products revenue consist of revenues attributable to our Refining and Lubricants and Specialty Products segments of $192,884 and $50,512, respectively, for the three months ended June 30, 2018, $140,923 and $49,515, respectively, for the three months ended June 30, 2017, $354,840 and $96,313, respectively, for the six months ended June 30, 2018, and $256,999 and $80,931, respectively, for the six months ended June 30, 2017.


(4)	Excess crude oil revenues represent sales of purchased crude oil inventory that at times exceeds the supply needs of our refineries.


(5)	Other revenues are principally attributable to our Refining segment.

Schedule of Changes to Contract Liabilities

The following table presents changes to our contract liabilities during the six months ended June 30, 2018.



	January 1, 2018		Increase		Recognized as Revenue			June 30, 2018
	(In thousands)
Accrued liabilities	$	179	$	3,778	$	(1,261	)	$	2,696

Schedules of Future Performance Obligations and Minimum Revenue Obligations

Aggregate minimum volumes expected to be sold (future performance obligations) under our long-term product sales contracts with customers are as follows:



	Remainder of 2018	2019	2020	Thereafter	Total
	(In thousands)
Refined product sales volumes (barrels)	14,255	19,767	531	—	34,553

Annual minimum revenues attributable to HEP’s third-party contracts as of June 30, 2018 are presented below:



	Remainder of 2018		2019		2020		Thereafter		Total
	(In thousands)
HEP contractual minimum revenues	$	21,109	$	41,608	$	17,828	$	12,552	$	93,097