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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Sales and other revenues $ 17,714,666 $ 14,251,299 $ 10,535,700
Operating costs and expenses:      
Cost of products sold (exclusive of lower of cost or market inventory valuation adjustment) 13,940,782 11,467,873 8,766,027
Lower of cost or market inventory valuation adjustment 136,305 (108,685) (291,938)
Cost of products sold (exclusive of depreciation and amortization) 14,077,087 11,359,188 8,474,089
Operating expenses (exclusive of depreciation and amortization) 1,285,838 1,296,669 1,021,152
Selling, general and administrative expenses (exclusive of depreciation and amortization) 290,424 265,721 125,930
Depreciation and amortization 437,324 409,937 363,027
Goodwill and long-lived asset impairment 0 19,247 654,084
Total operating costs and expenses 16,090,673 13,350,762 10,638,282
Income (loss) from operations 1,623,993 [1] 900,537 [2],[3] (102,582)
Other income (expense):      
Earnings of equity method investments 5,825 12,510 14,213
Interest income 16,892 3,736 2,491
Interest expense (131,363) (117,597) (72,192)
Loss on early extinguishment of debt 0 (12,225) (8,718)
Gain on foreign currency transactions 6,197 16,921 0
Gain (loss) on foreign currency swap contracts 0 24,545 (6,520)
Remeasurement gain on HEP pipeline interest acquisitions 0 36,254 0
Other, net 2,923 4,182 1,774
Other income (expense) total (99,526) (31,674) (68,952)
Income (loss) before income taxes 1,524,467 868,863 (171,534)
Income tax expense (benefit):      
Current 270,274 125,143 (79,181)
Deferred 76,969 (137,522) 98,592
Income tax expense (benefit) total 347,243 (12,379) 19,411
Net income (loss) 1,177,224 881,242 (190,945)
Less net income attributable to noncontrolling interest 79,264 75,847 69,508
Net income (loss) attributable to HollyFrontier stockholders $ 1,097,960 $ 805,395 $ (260,453)
Earnings (loss) per share attributable to HollyFrontier stockholders:      
Basic $ 6.25 $ 4.54 $ (1.48)
Diluted $ 6.19 $ 4.52 $ (1.48)
Average number of common shares outstanding:      
Basic 175,009 176,174 176,101
Diluted 176,661 177,196 176,101
[1] For 2018, income from operations reflects non-cash lower of cost or market inventory valuation reductions of $103.8 million and $106.9 million for the first and second quarters, respectively, and a charge of $17.8 million and $329.2 million for the third and fourth quarters, respectively.
[2] For 2017, income from operations reflects long-lived asset impairment charges of $23.2 million in the second quarter.
[3] 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.