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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents (HEP: $4,882 and $15,013, respectively) $ 451,990 $ 66,533
Marketable securities 81,328 144,019
Total cash, cash equivalents and short-term marketable securities 533,318 210,552
Accounts receivable: Product and transportation (HEP: $50,132 and $41,075, respectively) 456,090 323,858
Crude oil resales 25,418 28,120
Accounts receivable, total 481,508 351,978
Inventories: Crude oil and refined products 875,028 712,865
Materials and supplies (HEP: $2,181 and $1,972, respectively) 145,995 129,004
Inventories, total 1,021,023 841,869
Income taxes receivable 49,999 0
Prepayments and other (HEP: $2,457 and $3,082, respectively) 32,250 43,666
Total current assets 2,118,098 1,448,065
Properties, plants and equipment, at cost (HEP: $1,395,467 and $1,397,965, respectively) 5,367,849 5,490,189
Less accumulated depreciation (HEP: $(302,466) and $(298,282), respectively) (1,413,805) (1,374,527)
Properties, plants and equipment, net 3,954,044 4,115,662
Other assets: Turnaround costs 228,354 231,873
Goodwill (HEP: $288,991 and $288,991, respectively) 2,022,463 2,331,781
Intangibles and other (HEP: $211,128 and $128,583, respectively) 336,758 260,918
Other assets, total 2,587,575 2,824,572
Total assets 8,659,717 8,388,299
Current liabilities:    
Accounts payable (HEP: $21,427 and $22,583, respectively) 913,456 716,490
Income taxes payable 0 8,142
Accrued liabilities (HEP: $24,686 and $26,341, respectively) 135,098 135,983
Total current liabilities 1,048,554 860,615
Long-term debt (HEP: $1,083,136 and $1,008,752, respectively) 1,678,123 1,040,040
Deferred income taxes (HEP: $466 and $431, respectively) 532,661 497,906
Other long-term liabilities (HEP: $59,198 and $59,376, respectively) 202,469 179,965
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 June 30, 2016 and December 31, 2015 2,560 2,560
Additional capital 4,018,549 4,011,052
Retained earnings 2,766,278 3,271,189
Accumulated other comprehensive income 5,853 (4,155)
Common stock held in treasury, at cost - 79,440,827 and 75,728,478 shares as of June 30, 2016 and December 31, 2015, respectively (2,156,866) (2,027,231)
Total HollyFrontier stockholders' equity 4,636,374 5,253,415
Noncontrolling interest 561,536 556,358
Total equity 5,197,910 5,809,773
Total liabilities and equity $ 8,659,717 $ 8,388,299