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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents (HEP: $6,941 and $3,045, respectively) $ 914,644 $ 1,154,752
Accounts receivable: Product and transportation (HEP: $15,074 and $12,332, respectively) 747,725 635,623
Crude oil resales 51,643 36,078
Accounts receivable, total 799,368 671,701
Inventories: Crude oil and refined products 1,439,685 1,166,404
Materials, supplies and other (HEP: $900 and $858, respectively) 196,896 187,975
Inventories, total 1,636,581 1,354,379
Income taxes receivable 64,574 34,040
Prepayments and other (HEP: $2,983 and $3,452, respectively) 51,230 81,507
Total current assets 3,466,397 3,296,379
Properties, plants and equipment, at cost (HEP: $2,071,467 and $2,058,388, respectively) 7,066,375 6,780,980
Less accumulated depreciation (HEP: $(535,019) and $(489,217), respectively) (2,263,405) (2,098,446)
Operating lease right-of-use assets 449,745 0
Properties, plants and equipment, net 4,802,970 4,682,534
Other assets: Turnaround costs 372,198 339,861
Goodwill (HEP: $312,873 and $314,229, respectively) 2,375,651 2,246,435
Intangibles and other (HEP: $169,678 and $176,291, respectively) 637,530 429,392
Other assets, total 3,385,379 3,015,688
Total assets 12,104,491 10,994,601
Current liabilities:    
Accounts payable (HEP $10,659 and $16,723, respectively) 1,199,311 872,627
Income taxes payable 25,820 17,636
Operating lease liabilities (HEP $5,346) 93,991 0
Accrued liabilities (HEP: $29,444 and $27,240, respectively) 344,905 277,892
Total current liabilities 1,664,027 1,168,155
Long-term debt (HEP: $1,437,710 and $1,418,900, respectively) 2,430,832 2,411,540
Noncurrent operating lease liability (HEP: $71,550) 357,635 0
Deferred income taxes (HEP: $423 and $488, respectively) 877,456 722,576
Other long-term liabilities (HEP: $61,195 and $63,534, respectively) 243,542 233,271
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 June 30, 2019 and December 31, 2018, respectively 2,560 2,560
Additional capital 4,216,305 4,196,125
Retained earnings 4,533,364 4,196,902
Accumulated other comprehensive income 30,202 13,623
Common stock held in treasury, at cost - 90,138,137 and 83,915,297 shares as of June 30, 2019 and December 31, 2018, respectively (2,769,284) (2,490,639)
Total HollyFrontier stockholders' equity 6,013,147 5,918,571
Noncontrolling interest 517,852 540,488
Total equity 6,530,999 6,459,059
Total liabilities and equity 12,104,491 10,994,601
HEP    
Current assets:    
Cash and cash equivalents (HEP: $6,941 and $3,045, respectively) 6,941 3,045
Accounts receivable: Product and transportation (HEP: $15,074 and $12,332, respectively) 15,074 12,332
Materials, supplies and other (HEP: $900 and $858, respectively) 900 858
Prepayments and other (HEP: $2,983 and $3,452, respectively) 2,983 3,452
Properties, plants and equipment, at cost (HEP: $2,071,467 and $2,058,388, respectively) 2,071,467 2,058,388
Less accumulated depreciation (HEP: $(535,019) and $(489,217), respectively) (535,019) (489,217)
Operating lease right-of-use assets 76,551 0
Goodwill (HEP: $312,873 and $314,229, respectively) 312,873 314,229
Intangibles and other (HEP: $169,678 and $176,291, respectively) 169,678 176,291
Current liabilities:    
Accounts payable (HEP $10,659 and $16,723, respectively) 10,659 16,723
Operating lease liabilities (HEP $5,346) 5,346 0
Long-term debt (HEP: $1,437,710 and $1,418,900, respectively) 1,437,710 1,418,900
Noncurrent operating lease liability (HEP: $71,550) 71,550 0
Deferred income taxes (HEP: $423 and $488, respectively) 423 488
Other long-term liabilities (HEP: $61,195 and $63,534, respectively) $ 61,195 $ 63,534