XML 76 R45.htm IDEA: XBRL DOCUMENT v2.4.1.9
Related Party Transactions (Tables)
 12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]  
Related Party Transactions

The following table presents the Corporation’s related party transactions:

 

  

2014

 

  

2013

 

  

2012

 

 

  

(In millions)

 

Purchases:

  

 

 

 

  

 

 

 

  

 

 

 

HOVENSA (a)

  

$

—

 

  

$

—

 

  

$

145

 

Bayonne Energy Center LLC (b)

  

 

—

 

  

 

38

 

  

 

20

 

Sales:

  

 

 

 

  

 

 

 

  

 

 

 

WilcoHess (c)

  

 

211

  

  

 

2,828

 

  

 

3,058

 

HOVENSA

  

 

31

  

  

 

90

 

  

 

191

 

(a)

The Corporation ceased purchasing refined products from HOVENSA following the closure of HOVENSA’s refinery in January 2012.

(b)

Represents purchases of electricity from this 50% owned joint venture under a tolling agreement.

(c)

The Corporation acquired its partners’ 56% interest in WilcoHess in January 2014.
Corporation's Related Party Accounts Receivable (Payable)

The following table presents the Corporation’s related party accounts receivable (payable) at December 31:

 

  

2014

 

  

2013

 

 

  

(In millions)

 

WilcoHess

  

$

—

 

  

$

114

 

Bayonne Energy Center LLC

  

 

—

  

  

 

(4

)