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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents (HEP: $3,045 and $7,776, respectively) $ 1,154,752 $ 630,757
Accounts receivable: Product and transportation (HEP: $12,332 and $12,803, respectively) 635,623 659,530
Crude oil resales 36,078 61,203
Accounts receivable, total 671,701 720,733
Crude oil and refined products 1,166,404 1,409,538
Materials, supplies and other (HEP: $858 and $916, respectively) 187,975 220,554
Total inventory 1,354,379 1,630,092
Income taxes receivable 34,040 44,337
Prepayments and other (HEP: $3,452 and $1,395, respectively) 81,507 36,909
Total current assets 3,296,379 3,062,828
Properties, plants and equipment, at cost (HEP: $2,058,388 and $2,011,915, respectively) 6,780,980 6,523,789
Less accumulated depreciation (HEP: ($489,217) and ($408,599), respectively) (2,098,446) (1,810,515)
Property, plant and equipment, net 4,682,534 4,713,274
Other assets: Turnaround costs 339,861 231,319
Goodwill (HEP: $314,229 and $310,610, respectively) 2,246,435 2,244,744
Intangibles and other (HEP: $180,286 and $206,167, respectively) 429,392 439,989
Other assets, total 3,015,688 2,916,052
Total assets 10,994,601 10,692,154
Current liabilities:    
Accounts payable (HEP: $16,723 and $14,637, respectively) 872,627 1,220,795
Income taxes payable 17,636 3,159
Accrued liabilities (HEP: $27,240 and $33,214, respectively) 277,892 198,756
Total current liabilities 1,168,155 1,422,710
Long-term debt (HEP: $1,418,900 and $1,507,308, respectively) 2,411,540 2,498,993
Deferred income taxes (HEP: $488 and $525, respectively) 722,576 647,785
Other long-term liabilities (HEP: $63,534 and $62,590, respectively) 233,271 225,726
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; 256,036,788 and 256,015,550 shares issued as of December 31, 2018 and December 31, 2017 2,560 2,560
Additional capital 4,196,125 4,132,696
Retained earnings 4,196,902 3,346,615
Accumulated other comprehensive income (loss) 13,623 29,869
Common stock held in treasury, at cost – 83,915,297 and 78,607,928 shares as of December 31, 2018 and December 31, 2017, respectively (2,490,639) (2,140,911)
Total HollyFrontier stockholders’ equity 5,918,571 5,370,829
Noncontrolling interest 540,488 526,111
Total equity 6,459,059 5,896,940
Total liabilities and equity 10,994,601 10,692,154
HEP    
Current assets:    
Cash and cash equivalents (HEP: $3,045 and $7,776, respectively) 3,045 7,776
Accounts receivable: Product and transportation (HEP: $12,332 and $12,803, respectively) 12,332 12,803
Materials, supplies and other (HEP: $858 and $916, respectively) 858 916
Prepayments and other (HEP: $3,452 and $1,395, respectively) 3,452 1,395
Properties, plants and equipment, at cost (HEP: $2,058,388 and $2,011,915, respectively) 2,058,388 2,011,915
Less accumulated depreciation (HEP: ($489,217) and ($408,599), respectively) (489,217) (408,599)
Goodwill (HEP: $314,229 and $310,610, respectively) 314,229 310,610
Intangibles and other (HEP: $180,286 and $206,167, respectively) 176,291 206,167
Current liabilities:    
Accounts payable (HEP: $16,723 and $14,637, respectively) 16,723 14,637
Accrued liabilities (HEP: $27,240 and $33,214, respectively) 27,240 33,214
Deferred income taxes (HEP: $488 and $525, respectively) 488 525
Other long-term liabilities (HEP: $63,534 and $62,590, respectively) $ 63,534 $ 62,590