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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net income (loss) $ (420,348) $ 791,283
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 396,033 375,345
Long-lived asset and goodwill impairments 436,908 152,712
Lower of cost or market inventory valuation adjustment 227,711 (150,483)
Earnings of equity method investments, inclusive of distributions (238) 280
Loss on early extinguishment of debt 25,915 0
Gain on sales-type lease (33,834) 0
(Gain) loss on sale of assets (257) 202
Deferred income taxes (147,283) 102,959
Equity-based compensation expense 22,221 30,635
Change in fair value - derivative instruments (3,727) 19,880
(Increase) decrease in current assets:    
Accounts receivable 325,796 (116,793)
Inventories 104,640 (47,409)
Income taxes receivable (64,162) 13,704
Prepayments and other 14,403 17,710
Increase (decrease) in current liabilities:    
Accounts payable (387,259) 321,537
Income taxes payable (21,379) 808
Accrued liabilities (22,037) 54,779
Turnaround expenditures (73,822) (152,431)
Other, net 11,769 (3,314)
Net cash provided by operating activities 391,050 1,411,404
Cash flows from investing activities:    
Additions to properties, plants and equipment (174,366) (171,229)
Purchase of Sonneborn, net of cash acquired 0 (662,665)
Investment in equity company - HEP (2,438) 0
Other, net 1,795 958
Net cash used for investing activities (213,651) (856,764)
Cash flows from financing activities:    
Borrowings under credit agreement 219,500 269,500
Repayments under credit agreement (237,000) (257,000)
Proceeds from issuance of senior notes - HEP 748,925 0
Purchase of treasury stock (3,350) (471,976)
Dividends (171,603) (168,008)
Contributions from noncontrolling interests 15,382 0
Payments on finance leases (2,149) (1,158)
Deferred financing costs (13,511) 0
Other, net 454 (600)
Net cash provided by (used for) financing activities 463,207 (729,337)
Effect of exchange rate on cash flow (880) 1,801
Cash and cash equivalents:    
Increase (decrease) for the period 639,726 (172,896)
Beginning of period 885,162 1,154,752
End of period 1,524,888 981,856
Cash paid during the period for:    
Interest (83,325) (93,929)
Income taxes, net (52,270) (163,232)
HEP    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 72,095  
Long-lived asset and goodwill impairments   0
Lower of cost or market inventory valuation adjustment 0 0
Cash flows from investing activities:    
Additions to properties, plants and equipment (38,642) (23,828)
Cash flows from financing activities:    
Proceeds from issuance of senior notes - HEP 500,000 0
Redemption of senior notes - HEP (522,500) 0
Distributions to noncontrolling interests $ (70,941) $ (100,095)