Hollyfrontier corp (HFC)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenue from Contract with Customer, Excluding Assessed Tax

16,989

17,486

17,448

17,794

17,483

17,714

17,363

16,311

15,299

14,251

13,213

12,341

11,597

10,535

10,524

11,262

12,250

13,237

14,577

16,309

17,979

19,764

20,308

20,317

20,243

20,160

20,481

20,358

19,866

20,090

19,915

19,884

18,044

15,439

12,678

9,596

8,775

8,322

7,599

6,544

0

0

0

Operating costs and expenses:
Cost of products sold (exclusive of lower of cost or market inventory valuation adjustment)

13,412

13,918

13,553

13,901

13,792

13,940

13,879

13,016

12,173

11,467

10,834

10,287

9,782

8,766

8,661

8,973

9,613

10,239

11,581

13,553

15,341

17,228

17,772

17,956

17,738

17,392

17,132

16,221

15,446

15,840

16,025

16,117

14,882

12,680

10,409

8,226

7,627

7,367

6,674

5,747

0

0

0

Lower of cost or market inventory valuation adjustment

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs of products sold, net

14,085

13,798

13,732

14,064

13,800

14,077

13,593

12,601

11,949

11,359

10,721

10,285

9,558

8,474

8,610

9,148

9,790

10,466

12,062

13,809

15,732

17,625

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Costs and Expenses

1,390

1,394

1,362

1,334

1,297

1,285

1,284

1,289

1,309

1,296

1,207

1,141

1,076

1,021

1,045

1,054

1,049

1,060

1,093

1,109

1,134

1,144

1,118

1,093

1,099

1,090

1,095

1,073

1,018

994

944

938

854

748

627

530

511

504

475

423

0

0

0

Selling, General and Administrative Expense

353

354

346

330

313

290

284

282

273

265

222

187

157

125

122

120

116

120

118

115

117

114

118

120

125

127

131

131

129

128

129

144

130

120

98

72

69

70

67

65

0

0

0

Depreciation and amortization

529

509

489

470

454

437

429

423

418

409

397

386

371

363

360

356

354

346

356

349

362

363

341

343

312

303

289

272

258

242

231

209

184

159

138

124

121

117

109

105

0

0

0

Goodwill, Impairment Loss

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill and Intangible Asset Impairment

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill and asset impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating costs and expenses

16,512

16,209

16,083

16,352

15,865

16,090

15,591

14,595

13,969

13,350

12,568

12,020

11,817

10,638

10,793

11,333

11,310

11,993

13,630

15,382

17,346

19,248

19,350

19,513

19,275

18,914

18,649

17,698

16,852

17,206

17,331

17,409

16,052

13,707

11,274

8,953

8,330

8,059

7,327

6,341

0

0

0

Operating Income (Loss)

477

1,277

1,365

1,442

1,617

1,623

1,771

1,716

1,329

900

645

321

-219

-102

-268

-71

939

1,244

946

926

633

515

957

804

967

1,246

1,832

2,660

3,013

2,884

2,584

2,474

1,992

1,731

1,404

642

444

262

272

202

0

0

0

Other income (expense):
Earnings of equity method investments

4

5

6

6

6

5

5

9

11

12

15

13

13

14

12

9

6

-3

-4

-7

-9

-2

-4

-2

-2

-2

-0

0

2

2

3

2

2

2

2

2

2

2

2

2

0

0

0

Interest income

19

22

23

22

20

16

12

8

5

3

3

2

3

2

2

2

2

3

3

3

3

4

5

5

5

5

5

5

5

4

3

1

1

1

1

1

1

1

0

1

0

0

0

Interest Expense

129

143

140

137

135

131

129

125

123

117

111

102

87

72

57

49

45

43

41

41

41

43

46

49

59

68

77

85

92

104

103

107

95

78

74

66

72

74

68

58

0

0

0

Gain (Loss) on Extinguishment of Debt

0

-

-

-

0

-

-

-

-

-12

-5

-5

-5

-8

5

5

7

-1

1

1

0

-7

-7

-7

-29

-22

-22

-22

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Gain on foreign currency swap contracts

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on foreign currency transactions

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) on foreign currency transactions

-6

0

-0

-0

-3

0

10

29

40

24

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

6

5

2

0

2

2

5

5

4

4

4

2

2

1

0

7

8

9

10

2

1

0

-0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of marketable equity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

Merger transaction costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-15

0

0

0

-

-

-

-

-

-

Acquisition costs - Tulsa refineries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Other income (expense) total

-125

-105

-102

-101

-102

-99

-67

-44

-32

-31

-64

-76

-72

-68

-50

-37

-37

-35

-34

-44

-44

-48

-53

-54

-86

-86

-95

-100

-83

-96

-96

-111

-102

-89

-85

-69

-72

-70

-65

-57

0

0

0

Income before income taxes

352

1,171

1,262

1,340

1,514

1,524

1,703

1,671

1,297

868

581

244

-291

-171

-319

-108

901

1,208

911

882

588

467

903

750

881

1,159

1,736

2,559

2,930

2,787

2,487

2,363

1,889

1,641

1,318

573

372

192

0

0

0

0

0

Income tax expense (benefit):
Current

153

220

230

242

267

270

261

263

207

125

33

-28

-79

-79

9

215

388

552

550

426

380

334

231

129

163

277

519

853

996

932

882

855

684

590

447

160

79

35

55

39

0

0

0

Deferred Income Tax Expense (Benefit)

-104

78

77

78

81

76

-128

-88

-117

-137

153

79

59

98

-44

-161

-90

-146

-254

-138

-197

-193

65

112

129

114

119

86

77

95

9

-7

-10

-8

22

37

45

23

12

6

0

0

0

Income Tax Expense (Benefit)

49

299

308

321

349

347

132

174

89

-12

186

50

-19

19

-34

53

298

406

295

288

183

141

297

242

293

391

638

939

1,073

1,027

892

847

673

581

470

197

124

59

67

45

0

0

0

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

302

872

954

1,018

1,164

1,177

1,571

1,496

1,207

881

394

194

-272

-190

-285

-162

603

802

616

593

405

326

606

507

588

767

1,098

1,619

1,856

1,760

1,595

1,516

1,215

1,059

848

376

247

133

139

101

0

0

0

Less net income attributable to noncontrolling interest

87

99

100

84

81

79

93

90

88

75

56

54

55

69

72

73

68

62

54

52

48

45

40

34

34

31

33

37

37

32

36

34

35

36

33

33

30

29

27

25

0

0

0

Net Income (Loss) Attributable to Parent

214

772

853

934

1,082

1,097

1,477

1,406

1,118

805

337

139

-327

-260

-357

-235

534

740

561

540

356

281

566

473

554

735

1,064

1,582

1,819

1,727

1,558

1,481

1,180

1,023

814

342

216

103

112

76

0

0

0

Earnings Per Share [Abstract]
Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net income

214

772

853

934

1,082

1,097

1,477

1,406

1,118

805

358

-322

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.46

0.28

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.01

Earnings Per Share, Basic

-1.88

0.40

1.60

1.16

1.48

0.83

1.95

1.96

1.51

2.94

1.53

0.33

-0.26

0.31

0.42

-2.33

0.12

-0.18

1.05

1.88

1.16

-1.11

0.88

0.89

0.76

0.34

0.41

1.27

1.64

1.90

2.95

2.40

1.16

1.37

2.50

1.80

0.79

-0.21

0.48

1.24

-0.53

0.47

0.29

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.46

0.28

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.01

Earnings Per Share, Diluted

-1.88

0.41

1.58

1.15

1.47

0.82

1.93

1.94

1.50

2.92

1.53

0.33

-0.26

0.31

0.42

-2.33

0.12

-0.18

1.04

1.88

1.16

-1.11

0.88

0.89

0.76

0.33

0.41

1.27

1.63

1.89

2.94

2.39

1.16

1.36

2.48

1.79

0.79

-0.22

0.48

1.24

-0.53

0.47

0.29

Cash dividends declared per common share

-

-

-

-

-

-

-

-

-

-

0.33

0.33

0.33

-

0.33

0.33

0.33

-

0.33

0.33

0.32

-

0.82

0.82

0.80

-

0.80

0.80

0.80

-

1.15

0.65

0.60

-

0.59

0.07

0.07

-

0.08

0.15

0.15

0.15

0.15

Average number of common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic

161

161

163

169

170

172

175

175

176

176

176

176

176

175

175

175

176

181

187

191

195

195

197

198

198

198

199

201

202

200

202

205

208

208

209

106

106

213

106

53

53

50

50

Weighted Average Number of Shares Outstanding, Diluted

161

161

165

170

172

174

176

177

177

179

176

176

176

175

175

175

176

181

187

191

195

194

197

198

198

200

199

201

203

201

203

206

209

209

210

107

107

215

107

53

53

50

50