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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents (HEP: $9,034 and $15,013, respectively) $ 111,021 $ 66,533
Marketable securities 0 144,019
Total cash, cash equivalents and short-term marketable securities 111,021 210,552
Accounts receivable: Product and transportation (HEP: $41,055 and $41,075, respectively) 410,764 323,858
Crude oil resales 20,150 28,120
Accounts receivable, total 430,914 351,978
Inventories: Crude oil and refined products 762,800 712,865
Materials and supplies (HEP: $2,122 and $1,972, respectively) 129,138 129,004
Inventories, total 891,938 841,869
Income taxes receivable 32,813 0
Prepayments and other (HEP: $3,059 and $3,082, respectively) 32,584 43,666
Total current assets 1,499,270 1,448,065
Properties, plants and equipment, at cost (HEP: $1,383,186 and $1,397,965, respectively) 5,625,455 5,490,189
Less accumulated depreciation (HEP: $(290,743) and $(298,282), respectively) (1,429,198) (1,374,527)
Properties, plants and equipment, net 4,196,257 4,115,662
Turnaround costs 263,773 231,873
Goodwill (HEP: $288,991 and $288,991, respectively) 2,331,781 2,331,781
Intangibles and other (HEP: $170,896 and $128,583, respectively) 303,206 260,918
Other assets, total 2,898,760 2,824,572
Total assets 8,594,287 8,388,299
Current liabilities:    
Accounts payable (HEP: $18,480 and $22,583, respectively) 731,271 716,490
Income taxes payable 0 8,142
Accrued liabilities (HEP: $16,074 and $26,341, respectively) 154,337 135,983
Total current liabilities 885,608 860,615
Long-term debt (HEP: $1,061,944 and $1,008,752, respectively) 1,308,168 1,040,040
Deferred income taxes (HEP: $458 and $431, respectively) 544,308 497,906
Other long-term liabilities (HEP: $55,381 and $59,376, respectively) 213,005 179,965
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 March 31, 2016 and December 31, 2015 2,560 2,560
Additional capital 4,011,634 4,011,052
Retained earnings 3,234,040 3,271,189
Accumulated other comprehensive income (4,566) (4,155)
Common stock held in treasury, at cost - 79,442,190 and 75,728,478 shares as of March 31, 2016 and December 31, 2015, respectively (2,156,844) (2,027,231)
Total HollyFrontier stockholders' equity 5,086,824 5,253,415
Noncontrolling interest 556,374 556,358
Total equity 5,643,198 5,809,773
Total liabilities and equity $ 8,594,287 $ 8,388,299