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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 615,848 $ 349,115
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 167,815 181,938
Lower of cost or market inventory valuation adjustment (142,026) 0
Net loss of equity method investments, inclusive of distributions 8,739 3,082
Gain on sale of assets (1,639) 0
(Gain) loss on early extinguishment of debt attributable to unamortized discount (3,788) 1,489
Deferred income taxes 42,143 (13,518)
Equity based compensation expense 14,222 13,846
Change in fair value - derivative instruments 5,841 486
(Increase) decrease in current assets:    
Accounts receivable (35,737) (81,399)
Inventories (12,761) (150,585)
Income taxes receivable 3,368 90,501
Prepayments and other 10,691 3,171
Increase (decrease) in current liabilities:    
Accounts payable (60,448) 307,473
Income taxes payable (12,073) 0
Accrued liabilities 2,175 20,865
Turnaround expenditures (38,116) (9,708)
Other, net 5,686 4,723
Net cash provided by operating activities 569,940 721,479
Cash flows from investing activities:    
Additions to properties, plants and equipment (267,100) (205,987)
Purchases of marketable securities (246,008) (498,080)
Sales and maturities of marketable securities 327,310 543,604
Other, net 2,232 5,021
Net cash used for investing activities (233,379) (194,224)
Cash flows from financing activities:    
Redemption of senior notes - HFC (155,156)  
Proceeds from product financing arrangement 0 5,964
Purchase of treasury stock (320,132) (20,135)
Accelerated stock repurchase forward contract (60,000) 0
Dividends (125,192) (323,088)
Excess tax benefit from equity based compensation 0 3,778
Other, net (2,111) (839)
Net cash used for financing activities (671,187) (349,056)
Cash and cash equivalents:    
Increase (decrease) for the period (334,626) 178,199
Beginning of period 567,985 940,103
End of period 233,359 1,118,302
Cash paid during the period for:    
Interest 25,612 30,702
Income taxes 310,117 118,142
HEP [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 28,950 30,661
Cash flows from investing activities:    
Additions to properties, plants and equipment (49,813) (38,782)
Cash flows from financing activities:    
Borrowings under credit agreement - HEP 254,100 477,100
Repayments under credit agreement - HEP (221,100) (297,100)
Redemption of senior notes - HFC 0 (156,188)
Distributions to noncontrolling interest (41,596) $ (38,548)
Cash and cash equivalents:    
Beginning of period 2,830  
End of period $ 10,424