XML 39 R28.htm IDEA: XBRL DOCUMENT

Inventories (Tables)

3 Months Ended

Mar. 31, 2016

Inventory, Net [Abstract]

Inventory Components

Inventory consists of the following components:



		March 31, 2016				December 31, 2015
		(In thousands)
Crude oil		$	523,754			$	518,922
Other raw materials and unfinished products⁽¹⁾		184,804				214,832
Finished products⁽²⁾		622,578				603,568
Lower of cost or market reserve		(568,336		)		(624,457		)
Process chemicals⁽³⁾		5,558				4,477
Repair and maintenance supplies and other		123,580				124,527
Total inventory		$	891,938			$	841,869


(1)	Other raw materials and unfinished products include feedstocks and blendstocks, other than crude.


(2)	Finished products include gasolines, jet fuels, diesels, lubricants, asphalts, LPG’s and residual fuels.


(3)	Process chemicals include additives and other chemicals.