Debt (Tables)

3 Months Ended

Mar. 31, 2020

The carrying amounts of long-term debt are as follows:



	March 31, 2020			December 31, 2019
	(In thousands)
HollyFrontier 5.875% Senior Notes
Principal	$	1,000,000		$	1,000,000
Unamortized discount and debt issuance costs	(6,148		)	(6,391		)
	993,852			993,609

HEP Credit Agreement	1,010,500			965,500

HEP 5.0% Senior Notes
Principal	500,000			—
Unamortized discount and debt issuance costs	(8,346		)	—
	491,654			—

HEP 6.0% Senior Notes
Principal	—			500,000
Unamortized discount and debt issuance costs	—			(3,469		)
	—			496,531

Total HEP long-term debt	1,502,154			1,462,031

Total long-term debt	$	2,496,006		$	2,455,640

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The fair values of the senior notes are as follows:



	March 31, 2020		December 31, 2019
	(In thousands)

HollyFrontier senior notes	$	880,540	$	1,127,610

HEP senior notes	$	416,795	$	522,045

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details