HOLLYFRONTIER CORP HFC Balance Sheet

Hollyfrontier corp (HFC)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
Schedule of Variable Interest Entities [Table]
Variable Interest Entity [Line Items]
Assets [Abstract]
Current assets:
Cash and cash equivalents (HEP: $19,282 and $13,287, respectively)
909	885	981	914	496	1,154	1,075	979	781	630	630	460	129	710	366	451	111	66	239	233	594	567	856	1,118	1,074	940	1,294	1,349	1,872	1,757	2,057	1,372	1,659	1,578	1,582	426	224	229	271	140	124
Marketable securities
-	-	-	-	-	-	-	-	-	-	0	0	0	424	111	81	0	144	387	392	414	474	623	679	709	725	656	632	665	630	280	266	241	211	133	65	48	1	1	1	1
Total cash, cash equivalents and short-term marketable securities
-	-	-	-	-	-	1,075	979	781	-	630	460	129	1,134	478	533	111	210	626	626	1,008	1,042	1,479	1,797	1,784	1,665	-	-	-	2,388	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable: Product and transportation (HEP: $15,638 and $18,732, respectively)
518	834	811	747	848	635	828	765	669	659	644	563	540	449	387	456	410	323	495	594	504	507	627	731	668	665	676	701	599	587	734	578	676	703	584	363	349	299	250	299	292
Crude oil resales
50	44	28	51	192	36	18	60	172	61	69	38	60	30	8	25	20	28	27	31	21	82	62	48	20	43	78	69	56	46	2	25	56	5	756	639	802	694	468	463	470
Accounts receivable, total
569	879	839	799	1,041	671	847	825	842	720	714	602	601	479	395	481	430	351	522	626	526	589	690	780	688	708	755	770	656	634	736	603	733	708	1,341	1,003	1,152	993	718	762	762
Inventories: Crude oil and refined products
762	1,282	1,429	1,439	1,494	1,166	1,635	1,560	1,318	1,409	1,261	1,064	1,168	970	937	875	762	712	899	1,062	998	920	1,491	1,424	1,501	1,241	1,461	1,472	1,398	1,238	1,406	1,253	1,288	1,052	1,168	444	424	353	368	375	259
Materials, supplies and other (HEP: $937 and $833, respectively)
180	191	207	196	172	187	226	256	273	220	158	127	148	165	153	145	129	129	137	127	116	115	88	80	89	112	86	78	72	80	79	56	56	62	97	50	48	46	45	45	43
Inventories, total
943	1,474	1,637	1,636	1,667	1,354	1,862	1,816	1,592	1,630	1,419	1,191	1,317	1,135	1,090	1,021	891	841	1,037	1,189	1,115	1,035	1,579	1,504	1,590	1,354	1,548	1,550	1,470	1,319	1,485	1,309	1,345	1,114	1,265	495	473	400	414	421	303
Income taxes receivable
6	5	23	64	38	34	14	17	21	44	0	1	87	68	42	49	32	0	0	8	0	11	32	18	12	109	74	62	37	74	40	93	93	87	-	-	2	51	26	0	38
Deferred income tax assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepayments and other (HEP: $6,610 and $6,795, respectively)
80	61	50	51	77	81	57	62	54	36	32	37	33	33	23	32	32	43	73	68	64	104	111	134	110	58	80	82	59	53	31	59	54	219	55	33	14	28	43	59	50
Current assets of discontinued operations (HEP: $2,195)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2
Total current assets
2,509	3,306	3,532	3,466	3,321	3,296	3,857	3,702	3,292	3,062	2,797	2,293	2,168	2,851	2,031	2,118	1,499	1,448	2,307	2,519	2,715	2,782	3,893	4,236	4,185	3,896	4,410	4,448	4,763	4,470	4,631	3,705	4,127	3,920	4,379	2,024	1,915	1,703	1,475	1,385	1,283
Properties, plants and equipment, at cost (HEP: $2,054,740 and $2,047,674, respectively)
7,256	7,237	7,134	7,066	6,998	6,780	6,704	6,615	6,557	6,523	6,175	6,118	6,059	5,546	5,461	5,367	5,625	5,490	5,309	5,156	5,011	4,852	4,680	4,562	4,442	4,343	4,207	4,101	4,008	3,943	3,823	3,751	3,693	3,631	3,533	2,363	2,282	2,215	2,130	2,081	2,001
Less accumulated depreciation (HEP: $(562,596) and $(552,786), respectively)
2,487	2,414	2,336	2,263	2,182	2,098	2,030	1,955	1,884	1,810	1,738	1,674	1,605	1,538	1,477	1,413	1,429	1,374	1,331	1,288	1,230	1,181	1,120	1,070	1,000	949	895	843	794	748	703	663	622	578	536	503	481	459	433	411	371
Operating lease right-of-use assets (HEP: $3,587 and $2,652, respectively)
435	467	453	449	428	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Properties, plants and equipment, net
4,769	4,822	4,797	4,802	4,816	4,682	4,673	4,660	4,673	4,713	4,436	4,443	4,453	4,008	3,984	3,954	4,196	4,115	3,977	3,868	3,781	3,670	3,560	3,492	3,442	3,394	3,312	3,257	3,214	3,194	3,119	3,088	3,071	3,052	2,996	1,859	1,801	1,756	1,697	1,669	1,629
Other assets: Turnaround costs
491	521	405	372	388	339	272	254	270	231	238	251	265	217	221	228	263	231	232	251	254	257	217	222	239	258	257	268	197	151	83	72	64	57	62	75	69	69	50	52	53
Marketable securities (long-term)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6	-	5	3	5	5	5	9	26	50	43	24	19	0	-	-	-
Goodwill (HEP: $312,873 and $312,873, respectively)
2,400	2,373	2,400	2,400	2,528	2,246	2,255	2,241	2,243	2,244	2,213	2,205	2,198	2,022	2,022	2,022	2,331	2,331	2,331	2,331	2,331	2,331	2,331	2,331	2,331	2,331	2,338	2,338	2,338	2,338	2,338	2,338	2,334	2,336	2,317	81	81	82	81	81	81
Intangibles and other (HEP: $319,143 and $319,569, respectively)
643	673	632	637	641	429	435	422	432	439	461	448	455	336	336	336	303	260	222	173	178	187	178	174	175	175	175	178	178	168	166	168	162	158	117	98	101	89	92	94	97
Other assets, total
3,507	3,568	3,407	3,385	3,557	3,015	2,963	2,918	2,945	2,916	2,914	2,905	2,919	2,576	2,580	2,587	2,898	2,824	2,786	2,757	2,765	2,776	2,727	2,729	2,746	2,765	2,770	2,784	2,713	2,658	2,588	2,578	2,560	2,552	2,497	255	252	241	224	228	232
Assets
11,221	12,164	12,191	12,104	12,123	10,994	11,495	11,281	10,912	10,692	10,148	9,643	9,542	9,435	8,596	8,659	8,594	8,388	9,071	9,145	9,262	9,230	10,181	10,458	10,380	10,056	10,498	10,493	10,696	10,328	10,345	9,382	9,785	9,576	9,916	4,165	3,989	3,701	3,397	3,283	3,145
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable (HEP $20,092 and $18,050, respectively)
841	1,215	1,229	1,199	1,158	872	1,176	1,243	1,194	1,220	1,101	1,009	953	935	803	913	731	716	926	1,050	930	1,108	1,441	1,624	1,570	1,325	1,615	1,593	1,339	1,314	1,530	1,096	1,641	1,504	2,102	1,450	1,498	1,317	1,044	1,010	975
Income taxes payable
17	27	18	25	73	17	78	74	35	3	64	24	0	0	0	0	0	8	39	7	112	19	-	-	-	0	-	0	151	-	150	162	152	40	140	23	-	0	-	-	-
Operating lease liabilities (HEP $3,753 and $3,608, respectively)
102	104	99	93	87	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued liabilities (HEP: $24,940 and $30,418, respectively)
347	337	357	344	349	277	285	237	235	198	235	186	187	147	163	135	154	135	126	113	112	106	122	125	121	125	144	135	127	195	219	133	126	169	137	83	76	72	69	55	49
Deferred income tax liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	69	16	-	222	216	224	223	133	151	149	145	175	169	172	175	-	-	-	0	-	-	-
Current portion of long-term debt (HEP: $26,281)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	-	-	-	-	-	-	-	-
Credit agreement borrowings (HEP: $157,000)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	157	-	-
Total current liabilities
1,308	1,685	1,705	1,664	1,669	1,168	1,540	1,555	1,465	1,422	1,401	1,220	1,141	1,083	966	1,048	885	860	1,092	1,240	1,172	1,233	1,786	1,967	1,916	1,674	1,893	1,879	1,766	1,654	2,077	1,561	2,118	1,890	2,380	1,557	1,575	1,389	1,270	1,065	1,025
Long-term Debt, Excluding Current Maturities
2,496	2,455	2,425	2,430	2,430	2,411	2,409	2,387	2,382	2,498	2,236	2,227	2,231	2,235	1,665	1,678	1,308	1,040	982	933	1,077	1,054	1,039	1,027	1,023	997	999	990	1,283	1,336	1,346	1,295	1,285	1,214	1,224	838	834	810	650	805	707
Noncurrent operating lease liability (HEP: $72,163 and $72,000, respectively)
334	364	355	357	342	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes (HEP: $428 and $424, respectively)
723	889	916	877	844	722	755	705	679	647	842	745	737	620	546	532	544	497	636	627	631	664	659	657	644	616	658	579	554	536	399	416	400	463	511	128	131	-131	129	107	124
Other long-term liabilities (HEP: $41,842 and $59,021, respectively)
248	260	247	243	241	233	226	229	226	225	202	207	208	194	196	202	213	179	178	176	181	176	135	138	148	158	150	144	162	158	163	162	191	171	138	81	80	80	80	84	81
Equity:
HollyFrontier stockholders' equity:
Preferred stock, $1.00 par value - 5,000,000 shares authorized; none issued
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	0	0	0	0	0
Common stock $.01 par value - 320,000,000 shares authorized; 256,042,554 shares issued as of March 31, 2020 and December 31, 2019
2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	0	0	1	0	0	0
Additional capital
4,208	4,204	4,224	4,216	4,204	4,196	4,199	4,192	4,183	4,132	4,067	4,058	4,045	4,026	4,026	4,018	4,011	4,011	4,021	3,956	4,009	4,003	4,011	4,004	3,998	3,990	3,991	3,982	3,973	3,911	3,904	3,765	3,857	3,859	3,895	193	193	193	191	189	195
Retained earnings
4,382	4,744	4,740	4,533	4,393	4,196	4,112	3,831	3,544	3,346	2,884	2,671	2,672	2,776	2,782	2,766	3,234	3,271	3,375	3,241	2,942	2,778	3,162	3,149	3,136	3,144	3,241	3,319	3,225	3,054	2,806	2,440	2,080	1,964	1,866	1,467	1,283	1,206	1,199	1,156	1,134
Accumulated other comprehensive income
-12	14	17	30	27	13	25	11	19	29	31	18	8	10	7	5	-4	-4	7	12	16	27	70	75	54	0	36	33	3	-8	-62	5	-17	77	-12	-26	-25	-26	-26	-25	-25
Common stock held in treasury, at cost - 94,158,259 and 94,196,029 shares as of March 31, 2020 and December 31, 2019, respectively
2,986	2,987	2,965	2,769	2,563	2,490	2,328	2,197	2,169	2,140	2,137	2,137	2,134	2,135	2,156	2,156	2,156	2,027	1,785	1,609	1,344	1,289	1,271	1,158	1,147	1,138	1,097	1,071	918	907	886	885	759	700	697	674	677	677	677	678	685
Total HollyFrontier stockholders' equity
5,594	5,978	6,020	6,013	6,064	5,918	6,012	5,840	5,581	5,370	4,848	4,613	4,593	4,681	4,662	4,636	5,086	5,253	5,621	5,603	5,626	5,523	5,974	6,073	6,045	5,999	6,174	6,265	6,285	6,052	5,764	5,329	5,164	5,204	5,054	960	773	697	687	642	619
Noncontrolling interest
516	531	521	517	530	540	551	563	576	526	616	628	629	620	558	561	556	556	560	564	572	577	586	593	603	609	621	633	643	589	595	618	625	631	605	598	594	590	578	577	588
Total equity
6,110	6,509	6,541	6,530	6,594	6,459	6,563	6,403	6,157	5,896	5,465	5,242	5,223	5,301	5,220	5,197	5,643	5,809	6,181	6,167	6,199	6,100	6,560	6,666	6,648	6,609	6,796	6,899	6,929	6,642	6,359	5,947	5,789	5,835	5,660	1,559	1,367	1,288	1,265	1,220	1,207
Total liabilities and equity
11,221	12,164	12,191	12,104	12,123	10,994	11,495	11,281	10,912	10,692	10,148	9,643	9,542	9,435	8,596	8,659	8,594	8,388	9,071	9,145	9,262	9,230	10,181	10,458	10,380	10,056	10,498	10,493	10,696	10,328	10,345	9,382	9,785	9,576	9,916	4,165	3,989	3,701	3,397	3,283	3,145
Variable Interest Entity, Primary Beneficiary [Member]
Cash and cash equivalents (HEP: $13,287 and $3,045, respectively)
-	-	7	6	11	3	-	-	-	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable: Product and transportation (HEP: $18,732 and $12,332, respectively)
-	-	16	15	14	12	-	-	-	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Materials, supplies and other (HEP: $833 and $858, respectively)
-	-	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepayments and other (HEP: $6,795 and $3,452, respectively)
-	-	3	2	3	3	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Properties, plants and equipment, at cost (HEP: $2,047,674 and $2,058,388, respectively)
-	-	2,042	2,071	2,066	2,058	-	-	-	2,011	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less accumulated depreciation (HEP: ($552,786) and ($489,217), respectively)
-	-	535	535	514	489	-	-	-	408	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease right-of-use assets (HEP: $2,652)
-	-	3	76	76	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill (HEP: $312,873 and $314,229, respectively)
-	-	312	312	312	314	-	-	-	310	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangibles and other (HEP: $319,569 and $176,291, respectively)
-	-	166	169	173	176	-	-	-	206	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets
-	-	2,089	2,188	2,202	2,142	-	-	-	2,191	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable (HEP: $18,050 and $16,723, respectively)
-	-	12	10	9	16	-	-	-	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities (HEP $3,608)
-	-	5	5	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued liabilities (HEP: $30,418 and $27,240, respectively)
-	-	-	-	-	27	-	-	-	33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncurrent operating lease liabilities (HEP $72,000)
-	-	71	71	72	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes (HEP: $424 and $488, respectively)
-	-	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities (HEP: $59,021 and $63,534, respectively)
-	-	60	61	61	63	-	-	-	62	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
HEP
Long-term debt (HEP: $1,431,869 and $1,418,900, respectively)
-	-	1,431	1,437	1,438	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-