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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 947,316 $ 513,873 [1]
Canadian government securities with maturities greater than 90 days at the date of acquisition 115,603 532,093
Accounts receivable, less allowance for doubtful accounts of $6,697 in 2012 and $7,892 in 2011 1,853,364 1,554,184
Inventories, at lower of cost or market    
Crude oil and blend stocks 226,541 189,320
Finished products 266,307 254,880
Materials and supplies 259,462 222,438
Prepaid expenses 335,831 93,397
Deferred income taxes 89,040 87,486
Assets held for sale 15,119 0
Total current assets 4,108,583 3,447,671
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $8,138,587 in 2012 and $6,861,494 in 2011 13,011,606 10,475,149
Goodwill 43,103 41,863
Deferred charges and other assets 151,183 173,455
Assets held for sale 208,168 0
Total assets 17,522,643 14,138,138
Current liabilities    
Current maturities of long-term debt 46 350,005
Accounts payable 2,803,268 1,941,008
Income taxes payable 219,847 201,784
Other taxes payable 172,962 169,535
Other accrued liabilities 162,876 140,024
Deferred income taxes 2,611 22,572
Liabilities associated with assets held for sale 47,471 0
Total current liabilities 3,409,081 2,824,928
Long-term debt 2,245,201 249,553
Deferred income taxes 1,544,336 1,230,111
Asset retirement obligations 724,273 615,545
Deferred credits and other liabilities 516,540 439,604
Liabilities associated with assets held for sale 141,177 0
Stockholders' equity    
Cumulative Preferred Stock, par $100, authorized 400,000 shares, none issued 0 0
Common Stock, par $1.00, authorized 450,000,000 shares at December 31, 2012 and 2011, issued 194,616,470 shares at December 31, 2012 and 193,909,200 shares at December 31, 2011 194,616 193,909
Capital in excess of par value 873,934 817,974
Retained earnings 7,717,389 7,460,942
Accumulated other comprehensive income 408,901 310,420
Treasury stock (252,805) (4,848)
Total stockholders' equity 8,942,035 8,778,397
Total liabilities and stockholders' equity $ 17,522,643 $ 14,138,138
[1] Reclassified to conform to current presentation.