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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 826,455 $ 536,673
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 255,579 262,883
Lower of cost or market inventory valuation adjustment 83,425 0
Net loss of equity method investments, inclusive of distributions 8,282 5,268
Gain on sale of assets (8,619) 556
(Gain) loss on early extinguishment of debt due to unamortized premium/discount (3,788) 1,489
Deferred income taxes (63,172) (2,169)
Equity based compensation expense 21,928 20,728
Change in fair value - derivative instruments 17,861 (12,199)
(Increase) decrease in current assets:    
Accounts receivable 68,021 8,530
Inventories (85,318) (225,698)
Income taxes receivable 11,719 76,488
Prepayments and other (8,312) 24,719
Increase (decrease) in current liabilities:    
Accounts payable (203,289) 109,912
Income taxes payable 19,894 0
Accrued liabilities 13,503 27,327
Turnaround expenditures (55,905) (32,236)
Other, net 5,077 3,662
Net cash provided by operating activities 903,341 805,933
Cash flows from investing activities:    
Additions to properties, plants and equipment (416,611) (307,476)
Purchase of equity method investment - HEP 54,641  
Proceeds from sale of assets 15,831 14,711
Purchases of marketable securities (402,984) (762,224)
Sales and maturities of marketable securities 490,251 863,769
Other, net 0 5,021
Net cash used for investing activities (425,440) (247,856)
Cash flows from financing activities:    
Redemption of senior notes (155,156)  
Purchase of treasury stock (481,766) (133,150)
Dividends (187,372) (485,766)
Excess tax benefit from equity based compensation 0 4,482
Other, net (3,495) (5,059)
Net cash used for financing activities (806,155) (642,154)
Cash and cash equivalents:    
Increase (decrease) for the period (328,254) (84,077)
Beginning of period 567,985 940,103
End of period 239,731 856,026
Cash paid during the period for:    
Interest 40,608 45,672
Income taxes 484,516 222,488
HEP [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 44,869 45,739
Cash flows from investing activities:    
Additions to properties, plants and equipment (57,286) (61,657)
Purchase of equity method investment - HEP (54,641) 0
Cash flows from financing activities:    
Borrowings under credit agreement - HEP 443,000 538,600
Repayments under credit agreement - HEP (360,000) (346,600)
Redemption of senior notes 0 (156,188)
Distributions to noncontrolling interest (61,366) $ (58,473)
Cash and cash equivalents:    
Beginning of period 2,830  
End of period $ 10,856