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Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2013
Other Comprehensive Income (Loss), before Tax [Abstract]  
Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss)

The components and allocated tax effects of other comprehensive income (loss) are as follows:
 
 
Before-Tax
 
Tax Expense
(Benefit)
 
After-Tax
 
 
(In thousands)
Year Ended December 31, 2013
 
 
 
 
 
 
Net unrealized gain on marketable securities
 
$
34

 
$
17

 
$
17

Net unrealized loss on hedging instruments
 
(20,183
)
 
(8,669
)
 
(11,514
)
Net change in pension and other post-retirement benefit obligations
 
37,593

 
14,534

 
23,059

Other comprehensive income
 
17,444

 
5,882

 
11,562

Less other comprehensive income attributable to noncontrolling interest
 
2,315

 
—

 
2,315

Other comprehensive income attributable to HollyFrontier stockholders
 
$
15,129

 
$
5,882

 
$
9,247

 
 
 
 
 
 
 
Year Ended December 31, 2012
 
 
 
 
 
 
Net unrealized loss on marketable securities
 
$
(236
)
 
$
(95
)
 
$
(141
)
Net unrealized loss on hedging instruments
 
(191,039
)
 
(74,846
)
 
(116,193
)
Net change in pension and other post-retirement benefit obligations
 
51,391

 
19,991

 
31,400

Other comprehensive loss
 
(139,884
)
 
(54,950
)
 
(84,934
)
Less other comprehensive income attributable to noncontrolling interest
 
1,364

 
—

 
1,364

Other comprehensive loss attributable to HollyFrontier stockholders
 
$
(141,248
)
 
$
(54,950
)
 
$
(86,298
)
 
 
 
 
 
 
 
Year Ended December 31, 2011
 
 
 
 
 
 
Net unrealized loss on marketable securities
 
$
(516
)
 
$
(199
)
 
$
(317
)
Net unrealized gain on hedging instruments
 
176,936

 
67,732

 
109,204

Net change in pension and other post-retirement benefit obligations
 
(3,586
)
 
(1,395
)
 
(2,191
)
Other comprehensive income
 
172,834

 
66,138

 
106,696

Less other comprehensive income attributable to noncontrolling interest
 
2,815

 
—

 
2,815

Other comprehensive income attributable to HollyFrontier stockholders
 
$
170,019

 
$
66,138

 
$
103,881


The temporary unrealized gain (loss) on marketable securities is due to changes in market prices.

The following table presents the income statement line item effects for reclassifications out of accumulated other comprehensive income (“AOCI”):
AOCI Component
 
Gain (Loss) Reclassified From AOCI
 
Income Statement Line Item
 
 
(In thousands)
 
 
 
 
Years Ended December 31,
 
 
 
 
2013
 
2012
 
2011
 
 
Marketable securities
 
$
39

 
$
59

 
$
(14
)
 
Interest income
 
 
—

 
326

 
—

 
Gain on sale of marketable equity securities
 
 
39

 
385

 
(14
)
 
 
 
 
15

 
150

 
(5
)
 
Income tax expense (benefit)
 
 
24

 
235

 
(9
)
 
Net of tax
 
 
 
 
 
 
 
 
 
Hedging instruments:
 
 
 
 
 
 
 
 
Commodity price swaps
 
(20,060
)
 
(98,750
)
 
—

 
Sales and other revenues
 
 
38,949

 
43,575

 
—

 
Cost of products sold
 
 
(3,379
)
 
—

 
(166
)
 
Operating expenses
Interest rate swaps
 
(2,941
)
 
(6,603
)
 
(5,518
)
 
Interest expense
 
 
12,569

 
(61,778
)
 
(5,684
)
 
 
 
 
5,554

 
(22,590
)
 
(961
)
 
Income tax expense (benefit)
 
 
7,015

 
(39,188
)
 
(4,723
)
 
Net of tax
 
 
1,783

 
3,753

 
3,214

 
Noncontrolling interest
 
 
8,798

 
(35,435
)
 
(1,509
)
 
Net of tax and noncontrolling interest
 
 
 
 
 
 
 
 
 
Pension and other post-retirement benefit obligations:
 
 
 
 
 
 
 
 
Pension obligation
 
(3,226
)
 
(226
)
 
(155
)
 
Cost of products sold
 
 
(30,127
)
 
(1,486
)
 
(1,056
)
 
Operating expenses
 
 
(4,236
)
 
(244
)
 
(1,091
)
 
General and administrative expenses
 
 
(37,589
)
 
(1,956
)
 
(2,302
)
 
 
 
 
(14,547
)
 
(761
)
 
(895
)
 
Income tax benefit
 
 
(23,042
)
 
(1,195
)
 
(1,407
)
 
Net of tax
 
 
 
 
 
 
 
 
 
Post-retirement healthcare obligation
 
646

 
—

 
(16
)
 
Cost of products sold
 
 
2,868

 
1,913

 
(125
)
 
Operating expenses
 
 
526

 
39

 
(17
)
 
General and administrative expenses
 
 
4,040

 
1,952

 
(158
)
 
 
 
 
1,563

 
759

 
(61
)
 
Income tax expense (benefit)
 
 
2,477

 
1,193

 
(97
)
 
Net of tax
 
 
 
 
 
 
 
 
 
Retirement restoration plan
 
(111
)
 
(63
)
 
(99
)
 
General and administrative expenses
 
 
(43
)
 
(25
)
 
(39
)
 
Income tax benefit
 
 
(68
)
 
(38
)
 
(60
)
 
Net of tax
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(11,811
)
 
$
(35,240
)
 
$
(3,082
)
 
 


Accumulated other comprehensive income (loss) in the equity section of our consolidated balance sheets includes:
 
 
December 31,
 
 
2013
 
2012
 
 
(In thousands)
Unrealized gain on post-retirement benefit obligations
 
$
27,691

 
$
4,632

Unrealized gain (loss) on marketable securities
 
10

 
(7
)
Unrealized loss on hedging instruments, net of noncontrolling interest
 
(26,879
)
 
(13,050
)
Accumulated other comprehensive income (loss)
 
$
822

 
$
(8,425
)