XML 89 R77.htm IDEA: XBRL DOCUMENT v3.19.2
Segment Information (Schedule Of Segment Reporting Information) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Segment Reporting Information [Line Items]          
Revenues from external customers $ 4,782,615 $ 4,471,236 $ 8,679,862 $ 8,599,663  
Intersegment Revenues 0 0 0 0  
Revenues 4,782,615 4,471,236 8,679,862 8,599,663  
Cost of products sold (exclusive of lower of cost or market inventory valuation adjustment) 3,704,884 3,595,916 6,904,089 6,943,041  
Lower of cost or market inventory valuation adjustment 47,801 (106,926) (184,545) (210,764)  
Operating expenses 333,252 296,215 664,844 616,503  
Selling, general and administrative expenses 85,317 68,675 173,351 133,339  
Depreciation and amortization 126,908 110,379 248,329 214,720  
Goodwill, Impairment Loss 152,712 0 152,712 0  
Income from operations 331,741 506,977 721,082 902,824  
Earnings of equity method investments 1,783 1,734 3,883 3,013  
Capital expenditures 56,734 79,937 120,469 149,477  
Cash, cash equivalents, and total investments in marketable securities 914,644   914,644   $ 1,154,752
Total assets 12,104,491   12,104,491   10,994,601
Long-term debt 2,430,832   2,430,832   2,411,540
Refining          
Segment Reporting Information [Line Items]          
Revenues from external customers 4,208,776 3,987,115 7,581,442 7,645,262  
Intersegment Revenues 88,484 91,866 163,228 182,904  
Revenues 4,297,260 4,078,981 7,744,670 7,828,166  
Cost of products sold (exclusive of lower of cost or market inventory valuation adjustment) 3,458,832 3,394,853 6,421,372 6,606,557  
Lower of cost or market inventory valuation adjustment 47,801 (106,926) (184,545) (210,764)  
Operating expenses 252,715 262,558 517,212 502,405  
Selling, general and administrative expenses 29,638 26,201 56,615 52,572  
Depreciation and amortization 76,225 72,989 150,640 140,164  
Goodwill, Impairment Loss 0   0    
Income from operations 432,049 429,306 783,376 737,232  
Earnings of equity method investments 0 0 0 0  
Capital expenditures 33,899 42,188 75,662 84,962  
Cash, cash equivalents, and total investments in marketable securities 7,213   7,213   7,236
Total assets 7,075,770   7,075,770   6,465,155
Long-term debt 0   0   0
Lubricants and other specialty products          
Segment Reporting Information [Line Items]          
Revenues from external customers 545,346 459,405 1,038,680 902,271  
Intersegment Revenues 0 8,284 0 10,258  
Revenues 545,346 467,689 1,038,680 912,529  
Cost of products sold (exclusive of lower of cost or market inventory valuation adjustment) 415,353 373,141 804,370 680,672  
Lower of cost or market inventory valuation adjustment 0 0 0 0  
Operating expenses 59,122 19,905 112,681 84,813  
Selling, general and administrative expenses 42,087 35,257 81,806 65,911  
Depreciation and amortization 23,020 10,020 43,191 18,884  
Goodwill, Impairment Loss 152,712   152,712    
Income from operations (146,948) 29,366 (156,080) 62,249  
Earnings of equity method investments 0 0 0 0  
Capital expenditures 9,331 16,842 17,190 25,380  
Cash, cash equivalents, and total investments in marketable securities 170,593   170,593   80,931
Total assets 2,247,858   2,247,858   1,506,209
Long-term debt 0   0   0
HEP          
Segment Reporting Information [Line Items]          
Revenues from external customers 28,382 24,746 59,520 52,203  
Intersegment Revenues 102,369 94,014 205,728 195,441  
Revenues 130,751 118,760 265,248 247,644  
Cost of products sold (exclusive of lower of cost or market inventory valuation adjustment) 0 0 0 0  
Lower of cost or market inventory valuation adjustment 0 0 0 0  
Operating expenses 40,608 34,533 78,121 70,736  
Selling, general and administrative expenses 1,988 2,673 4,608 5,795  
Depreciation and amortization 24,241 24,609 48,071 49,750  
Goodwill, Impairment Loss 0   0    
Income from operations 63,914 56,945 134,448 121,363  
Earnings of equity method investments 1,783 1,734 3,883 3,013  
Capital expenditures 7,034 18,957 17,752 31,570  
Cash, cash equivalents, and total investments in marketable securities 6,941   6,941   3,045
Total assets 2,188,139   2,188,139   2,142,027
Long-term debt 1,437,710   1,437,710   1,418,900
Corporate, Other and Eliminations          
Segment Reporting Information [Line Items]          
Revenues from external customers 111 (30) 220 (73)  
Intersegment Revenues (190,853) (194,164) (368,956) (388,603)  
Revenues (190,742) (194,194) (368,736) (388,676)  
Cost of products sold (exclusive of lower of cost or market inventory valuation adjustment) (169,301) (172,078) (321,653) (344,188)  
Lower of cost or market inventory valuation adjustment 0 0 0 0  
Operating expenses (19,193) (20,781) (43,170) (41,451)  
Selling, general and administrative expenses 11,604 4,544 30,322 9,061  
Depreciation and amortization 3,422 2,761 6,427 5,922  
Goodwill, Impairment Loss 0   0    
Income from operations (17,274) (8,640) (40,662) (18,020)  
Earnings of equity method investments 0 0 0 0  
Capital expenditures 6,470 $ 1,950 9,865 $ 7,565  
Cash, cash equivalents, and total investments in marketable securities 729,897   729,897   1,063,540
Total assets 592,724   592,724   881,210
Long-term debt $ 993,122   $ 993,122   $ 992,640