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Consolidated Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents (HEP: $6,352 and $5,237, respectively) $ 940,103,000 $ 1,757,699,000
Marketable securities 725,160,000 630,586,000
Total cash, cash equivalents and short-term marketable securities 1,665,263,000 2,388,285,000
Accounts receivable: Product and transportation (HEP: $34,736 and $38,097, respectively) 665,098,000 587,728,000
Crude oil resales 43,704,000 46,502,000
Accounts receivable, total 708,802,000 634,230,000
Inventories: Crude oil and refined products 1,241,448,000 1,238,678,000
Materials, supplies and other (HEP: $1,591 and $1,259, respectively) 112,799,000 80,954,000
Total inventory 1,354,247,000 1,319,632,000
Income taxes receivable 109,376,000 74,957,000
Prepayments and other (HEP: $2,283 and $2,360, respectively) 58,756,000 53,161,000
Total current assets 3,896,444,000 4,470,265,000
Properties, plants and equipment, at cost (HEP: $1,199,594 and $1,155,710, respectively) 4,343,857,000 3,943,114,000
Less accumulated depreciation (HEP: $(194,619) and $(141,154), respectively) (949,261,000) (748,414,000)
Property, plant and equipment, net 3,394,596,000 3,194,700,000
Marketable securities (long-term) 0 5,116,000
Other assets: Turnaround costs 258,436,000 151,764,000
Goodwill (HEP: $288,991 and $288,991, respectively) 2,331,922,000 2,338,302,000
Intangibles and other (HEP: $74,979 and $76,300, respectively) 175,341,000 168,850,000
Other assets, total 2,765,699,000 2,658,916,000
Total assets 10,056,739,000 10,328,997,000
Current liabilities:    
Accounts payable (HEP: $22,898 and $12,030, respectively) 1,325,376,000 1,314,151,000
Accrued liabilities (HEP: $28,668 and $23,705, respectively) 125,115,000 195,077,000
Deferred income tax liabilities 223,999,000 145,216,000
Total current liabilities 1,674,490,000 1,654,444,000
Long-term debt (HEP: $807,630 and $864,673, respectively) 997,519,000 1,336,238,000
Deferred income taxes (HEP: $5,287 and $4,951, respectively) 616,842,000 536,670,000
Other long-term liabilities (HEP: $35,918 and $28,683, respectively) 158,490,000 158,987,000
HollyFrontier stockholders’ equity:    
Preferred stock, $1.00 par value – 5,000,000 shares authorized; none issued 0 0
Common stock $.01 par value – 320,000,000 shares authorized; 255,962,866 shares issued as of December 31, 2013 and December 31, 2012 2,560,000 2,560,000
Additional capital 3,990,630,000 3,911,353,000
Retained earnings 3,144,480,000 3,054,769,000
Accumulated other comprehensive income (loss) 822,000 (8,425,000)
Common stock held in treasury, at cost – 57,132,515 and 52,411,370 shares as of December 31, 2013 and December 31, 2012, respectively (1,138,872,000) (907,303,000)
Total HollyFrontier stockholders’ equity 5,999,620,000 6,052,954,000
Noncontrolling interest 609,778,000 589,704,000
Total equity 6,609,398,000 6,642,658,000
Total liabilities and equity 10,056,739,000 10,328,997,000
HEP
   
Current assets:    
Cash and cash equivalents (HEP: $6,352 and $5,237, respectively) 6,352,000 5,237,000
Accounts receivable: Product and transportation (HEP: $34,736 and $38,097, respectively) 34,736,000 38,097,000
Materials, supplies and other (HEP: $1,591 and $1,259, respectively) 1,591,000 1,259,000
Prepayments and other (HEP: $2,283 and $2,360, respectively) 2,283,000 2,360,000
Properties, plants and equipment, at cost (HEP: $1,199,594 and $1,155,710, respectively) 1,199,594,000 1,155,710,000
Less accumulated depreciation (HEP: $(194,619) and $(141,154), respectively) (194,619,000) (141,154,000)
Goodwill (HEP: $288,991 and $288,991, respectively) 288,991,000 288,991,000
Intangibles and other (HEP: $74,979 and $76,300, respectively) 74,979,000 76,300,000
Current liabilities:    
Accounts payable (HEP: $22,898 and $12,030, respectively) 22,898,000 12,030,000
Accrued liabilities (HEP: $28,668 and $23,705, respectively) 28,668,000 23,705,000
Long-term debt (HEP: $807,630 and $864,673, respectively) 807,630,000 864,673,000
Deferred income taxes (HEP: $5,287 and $4,951, respectively) 5,287,000 4,951,000
Other long-term liabilities (HEP: $35,918 and $28,683, respectively) $ 35,918,000 $ 28,683,000