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Operating Segments, Results (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Jan. 01, 2015
Jan. 01, 2014
Apr. 01, 2013
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
[1]
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Segment Reporting Information, Operating Income                              
REVENUES       $ 6,463 $ 8,445 $ 11,151 $ 11,104 $ 9,933 [1] $ 10,116 $ 11,241 $ 8,897 $ 7,347 $ 40,633 $ 37,601 $ 29,809
Operating Income (Loss)       340 282 $ 702 $ 410 238 [1] 52 $ 146 $ 364 $ 193 1,632 755 1,621
Reconciliation of Operating Income from Segments to Consolidated                              
Total Segment Operating Income       424       264         1,918 1,067 1,897
Corporate and unallocated costs       (84) [2]       (26) [2]         (286) [3] (312) [3] (276) [3]
Segment Reporting Information, Income (Loss) before Income Taxes                              
Interest and financing costs, net       (55) [4]       (77) [4]         (235) [5] (149) [5] (165) [5]
Equity in earnings of equity method investments                         10 11 0
Other income (expense), net       (1)       (1)         57 [6] 63 [6] (26) [6]
Earnings Before Income Taxes       284       160         1,464 680 1,430
Segment Reporting, Disclosure of Other Information about Entity's Reportable Segments                              
Depreciation and amortization expense       179       130         562 489 418
Capital Expenditures       260       103         779 558 542
Identifiable Assets Related to Continuing Operations       16,283 16,491       13,316       16,491 13,316  
Table Footnotes                              
Excise and sales taxes       140       141         581 567 467
Insurance recoveries                         7    
Stock-based compensation expense                         55 80 105
Share-based compensation expense       28       (18)              
Transactions costs                         5    
Debt redemption charges       0       31         41 0 5
Pricing Methodology Effective Date     Apr. 01, 2013                        
Pricing Methodology, New Inclusion Effective Date Jan. 01, 2015                            
Reversal of previously established accrual                           16  
Pro Forma                              
Table Footnotes                              
Pricing Methodology, New Inclusion Effective Date   Jan. 01, 2014                          
Washington Refinery Fire                              
Table Footnotes                              
Insurance recoveries                           16  
CPUC                              
Table Footnotes                              
Gain (loss) related to litigation settlement                         59 54  
Continuing Operations                              
Segment Reporting, Disclosure of Other Information about Entity's Reportable Segments                              
Identifiable Assets Related to Continuing Operations         16,491       13,316       16,491 13,316 10,297
Refining                              
Segment Reporting Information, Operating Income                              
Operating Income (Loss)       183 [7]       180 [7]         1,159 [8] 775 [8] 1,632 [8]
Segment Reporting, Disclosure of Other Information about Entity's Reportable Segments                              
Depreciation and amortization expense       119       101         428 386 340
Capital Expenditures       184       68         451 413 362
Identifiable Assets Related to Continuing Operations       9,727 9,467               9,467    
Refining | Pro Forma                              
Segment Reporting Information, Operating Income                              
Operating Income (Loss) [7]               (28)              
Refining | Refined Products                              
Segment Reporting Information, Operating Income                              
REVENUES       5,828       9,491         37,970 34,846 28,234
Refining | Crude Oil Resales And Other                              
Segment Reporting Information, Operating Income                              
REVENUES       299       272         1,456 1,969 890
Refining | Continuing Operations                              
Segment Reporting, Disclosure of Other Information about Entity's Reportable Segments                              
Identifiable Assets Related to Continuing Operations         9,467       9,177       9,467 9,177 7,406
TLLP                              
Segment Reporting Information, Operating Income                              
Operating Income (Loss)       108 [9]       60 [9]         206 [10] 74 [10] 57 [10]
Reconciliation of Operating Income from Segments to Consolidated                              
Corporate and unallocated costs       (12)       (4)         (39) (17) (9)
Segment Reporting, Disclosure of Other Information about Entity's Reportable Segments                              
Depreciation and amortization expense       44       16         77 45 15
Capital Expenditures       66       26         244 83 94
Identifiable Assets Related to Continuing Operations       4,796 4,765               4,765    
TLLP | Gathering                              
Segment Reporting Information, Operating Income                              
REVENUES       77       25         137 90 72
TLLP | Processing                              
Segment Reporting Information, Operating Income                              
REVENUES       67       0         23 0 0
TLLP | Terminalling, Transportation And Storage                              
Segment Reporting Information, Operating Income                              
REVENUES       119       102         442 223 92
TLLP | Continuing Operations                              
Segment Reporting, Disclosure of Other Information about Entity's Reportable Segments                              
Identifiable Assets Related to Continuing Operations         4,765       1,510       4,765 1,510 381
Marketing                              
Segment Reporting Information, Operating Income                              
Operating Income (Loss)       133 [7]       24 [7]         553 218 208
Segment Reporting, Disclosure of Other Information about Entity's Reportable Segments                              
Depreciation and amortization expense       12       10         42 37 36
Capital Expenditures       4       5         54 40 73
Identifiable Assets Related to Continuing Operations       1,127 1,048               1,048    
Marketing | Pro Forma                              
Segment Reporting Information, Operating Income                              
Operating Income (Loss) [7]               28              
Marketing | Fuel                              
Segment Reporting Information, Operating Income                              
REVENUES       3,948 [11]       5,664 [11]         23,701 [12] 20,557 [12] 13,815 [12]
Marketing | Other non-fuel                              
Segment Reporting Information, Operating Income                              
REVENUES [13]       16       61              
Marketing | Merchandise And Other                              
Segment Reporting Information, Operating Income                              
REVENUES                         240 239 207
Marketing | Continuing Operations                              
Segment Reporting, Disclosure of Other Information about Entity's Reportable Segments                              
Identifiable Assets Related to Continuing Operations         1,048       1,220       1,048 1,220 929
Intersegment sales                              
Segment Reporting Information, Operating Income                              
REVENUES       (3,891)       (5,682)         (23,336) (20,323) (13,501)
Corporate                              
Segment Reporting, Disclosure of Other Information about Entity's Reportable Segments                              
Depreciation and amortization expense       4       3         15 21 27
Capital Expenditures       6       4         30 22 13
Identifiable Assets Related to Continuing Operations       633 1,211               1,211    
Table Footnotes                              
Stock-based compensation expense                         55 79 99
Share-based compensation expense       $ 28       (18)              
Corporate | Continuing Operations                              
Segment Reporting, Disclosure of Other Information about Entity's Reportable Segments                              
Identifiable Assets Related to Continuing Operations         $ 1,211       $ 1,409       1,211 1,409 1,581
5.500% Senior Notes due 2019                              
Table Footnotes                              
Debt redemption charges               $ (31)         31    
5.875% Senior Notes due 2020                              
Table Footnotes                              
Debt redemption charges                         10    
Rockies Natural Gas Business                              
Table Footnotes                              
Transactions costs                         $ 19    
Los Angeles Acquisition                              
Table Footnotes                              
Transactions costs                           $ 14 $ 6
[1] The amounts shown above may differ from those previously reported in our quarterly reports on Form 10-Q for the quarter ended March 31, 2013 due to the sale of the Hawaii Business in September 2013 as discussed in Note 4. The results of operations of the Hawaii Business have been presented as discontinued operations for all periods presented.
[2] Includes stock-based compensation expense of $28 million and benefit of $18 million for the three months ended March 31, 2015 and 2014, respectively. The significant impact to stock-based compensation expense during the three months ended March 31, 2015 compared to the prior period is primarily a result of changes in Tesoro’s stock price.
[3] Includes stock-based compensation expense of $55 million, $79 million and $99 million for the years ended December 31, 2014, 2013 and 2012, respectively. The significant impact to stock-based compensation expense during the year ended December 31, 2014 compared to the prior years is primarily a result of changes in Tesoro’s stock price. Also includes TLLP’s transaction and integration costs of $19 million related to the Rockies Natural Gas Business acquisition for the year ended December 31, 2014 and our transaction costs related to the Los Angeles Acquisition of $14 million and $6 million for the years ended December 31, 2013 and 2012, respectively.
[4] Includes charges totaling $31 million for premiums and unamortized debt issuance costs associated with the redemption of the 5.50% Senior Notes due 2019 during the three months ended March 31, 2014.
[5] Includes charges totaling $31 million and $10 million for premiums and unamortized debt issuance costs associated with the redemption of the 2019 Notes and 2020 Notes, respectively, during the year ended December 31, 2014.
[6] Includes $59 million in refunds and settlements approved by the CPUC related to rates charged on the crude products pipeline network for the year ended December 31, 2014. Also includes $54 million in refunds from a settlement of a rate proceeding from the CPUC, and the release of a $16 million legal reserve as a result of the favorable settlement of litigation for the year ended December 31, 2013 and accruals related to certain legal matters partially offset by receipts associated with the settlement of a pipeline rate proceeding for the year ended December 31, 2012.
[7] Our refining segment uses RINs to satisfy its obligations under the Renewable Fuels Standard, in addition to physically blending required biofuels. Effective April 1, 2013, we changed our intersegment pricing methodology and no longer reduced the amount our marketing segment pays for the biofuels by the market value of the RINs due to significant volatility in the value of RINs. At the end of 2014, given the price of RINs has become more transparent in the price of biofuels, we determined our intersegment pricing methodology should include the market value of RINs as a reduction to the price our marketing segment pays to our refining segment. We made this change effective January 1, 2015. We have not adjusted financial information presented for our refining and marketing segments for the period ended March 31, 2014. Had we made this change effective January 1, 2014, operating income in our refining segment would have been reduced by $28 million with a corresponding increase to operating income in our marketing segment.
[8] Includes business interruption recoveries of $16 million for the year ended December 31, 2013, related to the April 2010 incident at our Washington refinery.
[9] We present TLLP’s segment operating income net of general and administrative expenses totaling $12 million and $4 million representing TLLP’s corporate costs for the three months ended March 31, 2015 and 2014, respectively, that are not allocated to TLLP’s operating segments.
[10] We present TLLP’s segment operating income net of general and administrative expenses totaling $39 million, $17 million and $9 million representing TLLP’s corporate costs for the years ended December 31, 2014, 2013 and 2012, respectively, that are not allocated to TLLP’s operating segments.
[11] Federal and state motor fuel taxes on sales by our marketing segment are included in both revenues and cost of sales in our condensed statements of consolidated operations. These taxes totaled $140 million and $141 million for the three months ended March 31, 2015 and 2014, respectively.
[12] Federal and state motor fuel taxes on sales by our marketing segment are included in both revenues and cost of sales in our statements of consolidated operations. These taxes totaled $581 million, $567 million and $467 million for the years ended December 31, 2014, 2013 and 2012, respectively.
[13] Includes merchandise revenue for the three months ended March 31, 2014.