Discontinued operations (Tables)

6 Months Ended

Jun. 30, 2016

Discontinued Operations and Disposal Groups [Abstract]

Disposal groups, including discontinued operations

The carrying amounts of the major classes of assets and liabilities that are classified as held for sale related to the operations of Dakota Prairie Refining on the Company's Consolidated Balance Sheets were as follows:

	June 30, 2016		June 30, 2015			December 31, 2015
	(In thousands)
Assets
Current assets:
Cash and cash equivalents	$	—	$	845		$	688
Receivables, net	433		29,639			7,693
Inventories	—		24,166			13,176
Deferred income taxes	—		84		(a)	—
Income taxes receivable	12,550		7,332			2,495
Prepayments and other current assets	11,083		7,888			6,214
Total current assets held for sale	24,066		69,954			30,266
Noncurrent assets:
Net property, plant and equipment	—		418,885			412,717
Deferred income taxes	57,644		5,839			5,745
Other	—		5,729			9,627
Total noncurrent assets held for sale	57,644		430,453			428,089
Total assets held for sale	$	81,710	$	500,407		$	458,355
Liabilities
Current liabilities:
Short-term borrowings	$	—	$	26,000		$	45,500
Long-term debt due within one year	—		3,000			5,250
Accounts payable	7,170		38,170			24,468
Taxes payable	—		1,601			1,391
Deferred income taxes	—		—			272
Accrued compensation	—		649			938
Other accrued liabilities	8,303		932			4,953
Total current liabilities held for sale	15,473		70,352			82,772
Noncurrent liabilities:
Long-term debt	—		66,000			63,750
Deferred income taxes	—		19,600		(b)	29,314		(b)
Total noncurrent liabilities held for sale	—		85,600			93,064
Total liabilities held for sale	$	15,473	$	155,952		$	175,836

(a) On the Company's Consolidated Balance Sheet, this amount was reclassified to a current deferred income tax liability and is reflected in

current liabilities held for sale.

(b) On the Company's Consolidated Balance Sheets, these amounts were reclassified to noncurrent deferred income tax assets and are

reflected in noncurrent assets held for sale.

The carrying amounts of the major classes of assets and liabilities that are classified as held for sale related to the operations of Fidelity on the Company's Consolidated Balance Sheets were as follows:

	June 30, 2016		June 30, 2015		December 31, 2015
	(In thousands)
Assets
Current assets:
Receivables, net	$	8,207	$	33,551	$	13,387
Inventories	—		6,748		1,308
Commodity derivative instruments	—		2,537		—
Income taxes receivable	52,847		31,033		9,665
Prepayments and other current assets	4		3,423		221
Total current assets held for sale	61,058		77,292		24,581
Noncurrent assets:
Investments	—		37		37
Net property, plant and equipment	5,507		1,097,576		793,422
Deferred income taxes	61,347		52,017		127,655
Other	161		161		161
Less allowance for impairment of assets held for sale	938		399,987		754,541
Total noncurrent assets held for sale	66,077		749,804		166,734
Total assets held for sale	$	127,135	$	827,096	$	191,315
Liabilities
Current liabilities:
Accounts payable	$	456	$	49,400	$	25,013
Taxes payable	—		4,064		1,052
Deferred income taxes	4,120		1,401		3,620
Accrued compensation	1,459		4,460		13,080
Commodity derivative instruments	—		3,511		—
Other accrued liabilities	10,849		12,107		4,838
Total current liabilities held for sale	16,884		74,943		47,603
Noncurrent liabilities:
Other liabilities	—		35,790		—
Total noncurrent liabilities held for sale	—		35,790		—
Total liabilities held for sale	$	16,884	$	110,733	$	47,603

Reconciliation of Major Classes of Income And Expense [Table Text Block]

The reconciliation of the major classes of income and expense constituting pretax loss from discontinued operations, which includes Dakota Prairie Refining and Fidelity, to the after-tax net loss from discontinued operations on the Company's Consolidated Statements of Income were as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2016			2015			2016			2015
	(In thousands)
Operating revenues	$	74,756		$	91,468		$	122,732		$	148,109
Operating expenses	443,756			505,487			513,526			1,086,781
Operating loss	(369,000		)	(414,019		)	(390,794		)	(938,672		)
Other income	183			385			387			2,459
Interest expense	832			434			1,753			517
Loss from discontinued operations before income taxes	(369,649		)	(414,068		)	(392,160		)	(936,730		)
Income taxes	(93,547		)	(150,649		)	(98,022		)	(343,326		)
Loss from discontinued operations	(276,102		)	(263,419		)	(294,138		)	(593,404		)
Loss from discontinued operations attributable to noncontrolling interest	(120,651		)	(7,754		)	(131,691		)	(11,282		)
Loss from discontinued operations attributable to the Company	$	(155,451	)	$	(255,665	)	$	(162,447	)	$	(582,122	)