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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents (HEP: $11,540 and $3,045, respectively) $ 496,139 $ 1,154,752
Accounts receivable: Product and transportation (HEP: $14,585 and $12,332, respectively) 848,881 635,623
Crude oil resales 192,573 36,078
Accounts receivable, total 1,041,454 671,701
Inventories: Crude oil and refined products 1,494,999 1,166,404
Materials, supplies and other (HEP: $786 and $858, respectively) 172,930 187,975
Inventories, total 1,667,929 1,354,379
Income taxes receivable 38,288 34,040
Prepayments and other (HEP: $3,280 and $3,452, respectively) 77,528 81,507
Total current assets 3,321,338 3,296,379
Properties, plants and equipment, at cost (HEP: $2,066,625 and $2,058,388, respectively) 6,998,671 6,780,980
Less accumulated depreciation (HEP: $(514,066) and $(489,217), respectively) (2,182,541) (2,098,446)
Operating lease right-of-use assets 428,197 0
Properties, plants and equipment, net 4,816,130 4,682,534
Other assets: Turnaround costs 388,552 339,861
Goodwill (HEP: $312,873 and $314,229, respectively) 2,528,087 2,246,435
Intangibles and other (HEP: $173,113 and $176,291, respectively) 641,126 429,392
Other assets, total 3,557,765 3,015,688
Total assets 12,123,430 10,994,601
Current liabilities:    
Accounts payable (HEP $9,763 and $16,723, respectively) 1,158,759 872,627
Income taxes payable 73,592 17,636
Operating lease liabilities (HEP $5,020) 87,669 0
Accrued liabilities (HEP: $22,555 and $27,240, respectively) 349,265 277,892
Total current liabilities 1,669,285 1,168,155
Long-term debt (HEP: $1,438,054 and $1,418,900, respectively) 2,430,934 2,411,540
Noncurrent operating lease liability (HEP: $72,269) 342,171 0
Deferred income taxes (HEP: $488 and $488, respectively) 844,566 722,576
Other long-term liabilities (HEP: $61,005 and $63,534, respectively) 241,900 233,271
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; 256,036,760 and 256,036,788 shares issued as of March 31, 2019 and December 31, 2018, respectively 2,560 2,560
Additional capital 4,204,841 4,196,125
Retained earnings 4,393,108 4,196,902
Accumulated other comprehensive income 27,398 13,623
Common stock held in treasury, at cost - 85,271,376 and 83,915,297 shares as of March 31, 2019 and December 31, 2018, respectively (2,563,867) (2,490,639)
Total HollyFrontier stockholders' equity 6,064,040 5,918,571
Noncontrolling interest 530,534 540,488
Total equity 6,594,574 6,459,059
Total liabilities and equity 12,123,430 10,994,601
HEP    
Current assets:    
Cash and cash equivalents (HEP: $11,540 and $3,045, respectively) 11,540 3,045
Accounts receivable: Product and transportation (HEP: $14,585 and $12,332, respectively) 14,585 12,332
Materials, supplies and other (HEP: $786 and $858, respectively) 786 858
Prepayments and other (HEP: $3,280 and $3,452, respectively) 3,280 3,452
Properties, plants and equipment, at cost (HEP: $2,066,625 and $2,058,388, respectively) 2,066,625 2,058,388
Less accumulated depreciation (HEP: $(514,066) and $(489,217), respectively) (514,066) (489,217)
Operating lease right-of-use assets 76,950 0
Goodwill (HEP: $312,873 and $314,229, respectively) 312,873 314,229
Intangibles and other (HEP: $173,113 and $176,291, respectively) 173,113 176,291
Current liabilities:    
Accounts payable (HEP $9,763 and $16,723, respectively) 9,763 16,723
Operating lease liabilities (HEP $5,020) 5,020 0
Long-term debt (HEP: $1,438,054 and $1,418,900, respectively) 1,438,054 1,418,900
Noncurrent operating lease liability (HEP: $72,269) 72,269 0
Deferred income taxes (HEP: $488 and $488, respectively) 488 488
Other long-term liabilities (HEP: $61,005 and $63,534, respectively) $ 61,005 $ 63,534