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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents (HEP: $10,856 and $2,830, respectively) $ 239,731 $ 567,985
Marketable securities 387,053 474,110
Total cash, cash equivalents and short-term marketable securities 626,784 1,042,095
Accounts receivable: Product and transportation (HEP: $32,968 and $40,129, respectively) 495,231 507,040
Crude oil resales 27,118 82,865
Accounts receivable, total 522,349 589,905
Inventories: Crude oil and refined products 899,513 920,104
Materials and supplies (HEP: $1,903 and $1,940, respectively) 137,511 115,027
Inventories, total 1,037,024 1,035,131
Income taxes receivable 0 11,719
Deferred income tax assets 48,419 0
Prepayments and other (HEP: $2,671 and $2,443, respectively) 73,097 104,148
Total current assets 2,307,673 2,782,998
Properties, plants and equipment, at cost (HEP: $1,316,492 and $1,269,161, respectively) 5,309,079 4,852,441
Less accumulated depreciation (HEP: $(284,590) and $(244,850), respectively) (1,331,821) (1,181,902)
Properties, plants and equipment, net 3,977,258 3,670,539
Turnaround costs 232,324 257,153
Goodwill (HEP: $288,991 and $288,991, respectively) 2,331,781 2,331,781
Intangibles and other (HEP: $129,969 and $73,928, respectively) 222,601 188,169
Other assets, total 2,786,706 2,777,103
Total assets 9,071,637 9,230,640
Current liabilities:    
Accounts payable (HEP: $11,236 and $17,881, respectively) 926,625 1,108,138
Income taxes payable 39,536 19,642
Accrued liabilities (HEP: $24,304 and $26,321, respectively) 126,292 106,214
Deferred income tax liabilities 0 17,409
Total current liabilities 1,092,453 1,251,403
Long-term debt (HEP: $951,067 and $867,579, respectively) 982,846 1,054,890
Deferred income taxes (HEP: $356 and $367, respectively) 636,437 646,870
Other long-term liabilities (HEP: $58,417 and $47,170, respectively) 178,217 176,758
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 September 30, 2015 and December 31, 2014 2,560 2,560
Additional capital 4,021,774 4,003,628
Retained earnings 3,375,226 2,778,577
Accumulated other comprehensive income 7,167 27,894
Common stock held in treasury, at cost - 70,957,479 and 59,876,776 shares as of September 30, 2015 and December 31, 2014, respectively (1,785,559) (1,289,075)
Total HollyFrontier stockholders' equity 5,621,168 5,523,584
Noncontrolling interest 560,516 577,135
Total equity 6,181,684 6,100,719
Total liabilities and equity $ 9,071,637 $ 9,230,640