XML 58 R39.htm IDEA: XBRL DOCUMENT v3.24.0.1
Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Preliminary Fair Value of Assets Acquired and Liabilities Assumed A summary of the preliminary fair value of the assets acquired and liabilities assumed is as follows (in thousands):
Trade accounts receivable$2,387 
Inventories299,176 
Property, plant, and equipment259,088 
Operating lease right-of-use assets3,562 
Investment in refining and logistics subsidiaries86,600 
Other long-term assets4,094 
Total assets (1)654,907 
Current operating lease liabilities2,081 
Other current liabilities7,056 
Environmental liabilities18,869 
Long-term operating lease liabilities1,481 
Total liabilities29,487 
Total$625,420 
_______________________________________________________
(1)We allocated $538.7 million and $116.2 million of total assets to our refining and logistics segments, respectively.
Schedule of Unaudited Pro Forma Financial Information The following unaudited pro forma financial information presents our consolidated revenues and net income as if the Billings Acquisition had been completed on January 1, 2022 (in thousands):
Year Ended December 31,
20232022
Revenues$9,172,821 $10,033,522 
Net income847,740 419,441