XML 59 R40.htm IDEA: XBRL DOCUMENT v3.22.0.1
Debt (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Carrying Amounts
The carrying amounts of long-term debt are as follows:
December 31,
20212020
 (In thousands)
HollyFrontier
2.625% Senior Notes
$350,000 $350,000 
5.875% Senior Notes
1,000,000 1,000,000 
4.500% Senior Notes
400,000 400,000 
1,750,000 1,750,000 
Unamortized discount and debt issuance costs(10,312)(12,885)
Total HollyFrontier long-term debt1,739,688 1,737,115 
HEP Credit Agreement840,000 913,500 
HEP 5.000% Senior Notes
Principal500,000 500,000 
Unamortized discount and debt issuance costs(6,951)(7,897)
Total HEP long-term debt1,333,049 1,405,603 
Total long-term debt$3,072,737 $3,142,718 

The fair values of the senior notes are as follows:
December 31,
20212020
(In thousands)
HollyFrontier Senior Notes$1,912,753 $1,903,867 
HEP Senior Notes$502,705 $506,540 

These fair values are based on a Level 2 input. See Note 6 for additional information on Level 2 inputs.
Schedule of Principal Maturities of Long-Term Debt
Principal maturities of long-term debt as of December 31, 2021 are as follows:

Years Ending December 31,(In thousands)
2022$— 
2023350,000 
2024— 
2025840,000 
20261,000,000 
Thereafter900,000 
Total$3,090,000