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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents (HEP: $7,469 and $3,045, respectively) $ 981,856 $ 1,154,752
Accounts receivable: Product and transportation (HEP: $16,182 and $12,332, respectively) 811,355 635,623
Crude oil resales 28,476 36,078
Accounts receivable, total 839,831 671,701
Inventories: Crude oil and refined products 1,429,911 1,166,404
Materials, supplies and other (HEP: $883 and $858, respectively) 207,148 187,975
Inventories, total 1,637,059 1,354,379
Income taxes receivable 23,591 34,040
Prepayments and other (HEP: $3,896 and $3,452, respectively) 50,429 81,507
Total current assets 3,532,766 3,296,379
Properties, plants and equipment, at cost (HEP: $2,042,185 and $2,058,388, respectively) 7,134,025 6,780,980
Less accumulated depreciation (HEP: $(535,215) and $(489,217), respectively) (2,336,637) (2,098,446)
Operating lease right-of-use assets (HEP: $3,454) 453,377 0
Properties, plants and equipment, net 4,797,388 4,682,534
Other assets: Turnaround costs 405,043 339,861
Goodwill (HEP: $312,873 and $314,229, respectively) 2,370,406 2,246,435
Intangibles and other (HEP: $166,743 and $176,291, respectively) 632,348 429,392
Other assets, total 3,407,797 3,015,688
Total assets 12,191,328 10,994,601
Current liabilities:    
Accounts payable (HEP $12,809 and $16,723, respectively) 1,229,767 872,627
Income taxes payable 18,782 17,636
Operating lease liabilities (HEP $5,384) 99,622 0
Accrued liabilities (HEP: $28,669 and $27,240, respectively) 357,175 277,892
Total current liabilities 1,705,346 1,168,155
Long-term debt (HEP: $1,431,869 and $1,418,900, respectively) 2,425,234 2,411,540
Noncurrent operating lease liability (HEP: $71,022) 355,410 0
Deferred income taxes (HEP: $423 and $488, respectively) 916,520 722,576
Other long-term liabilities (HEP: $60,482 and $63,534, respectively) 247,455 233,271
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 September 30, 2019 and December 31, 2018, respectively 2,560 2,560
Additional capital 4,224,770 4,196,125
Retained earnings 4,740,677 4,196,902
Accumulated other comprehensive income 17,217 13,623
Common stock held in treasury, at cost - 94,174,173 and 83,915,297 shares as of September 30, 2019 and December 31, 2018, respectively (2,965,016) (2,490,639)
Total HollyFrontier stockholders' equity 6,020,208 5,918,571
Noncontrolling interest 521,155 540,488
Total equity 6,541,363 6,459,059
Total liabilities and equity 12,191,328 10,994,601
HEP    
Current assets:    
Cash and cash equivalents (HEP: $7,469 and $3,045, respectively) 7,469 3,045
Accounts receivable: Product and transportation (HEP: $16,182 and $12,332, respectively) 16,182 12,332
Materials, supplies and other (HEP: $883 and $858, respectively) 883 858
Prepayments and other (HEP: $3,896 and $3,452, respectively) 3,896 3,452
Properties, plants and equipment, at cost (HEP: $2,042,185 and $2,058,388, respectively) 2,042,185 2,058,388
Less accumulated depreciation (HEP: $(535,215) and $(489,217), respectively) (535,215) (489,217)
Operating lease right-of-use assets (HEP: $3,454) 3,454 0
Goodwill (HEP: $312,873 and $314,229, respectively) 312,873 314,229
Intangibles and other (HEP: $166,743 and $176,291, respectively) 166,743 176,291
Current liabilities:    
Accounts payable (HEP $12,809 and $16,723, respectively) 12,809 16,723
Operating lease liabilities (HEP $5,384) 5,384 0
Long-term debt (HEP: $1,431,869 and $1,418,900, respectively) 1,431,869 1,418,900
Noncurrent operating lease liability (HEP: $71,022) 71,022 0
Deferred income taxes (HEP: $423 and $488, respectively) 423 488
Other long-term liabilities (HEP: $60,482 and $63,534, respectively) $ 60,482 $ 63,534