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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents (HEP:$11,223 and $10,917, respectively) $ 2,214,751 $ 1,665,066
Accounts receivable: Product, transportation and other (HEP: $17,460 and $16,344, respectively) 1,691,020 1,626,199
Crude oil resales 258,359 76,950
Accounts receivable, total 1,949,379 1,703,149
Inventories: Crude oil and refined products 2,800,684 2,853,425
Materials, supplies and other (HEP: $1,333 and $1,246, respectively) 332,869 361,103
Total inventory 3,133,553 3,214,528
Income taxes receivable 29,004 53,563
Prepayments and other (HEP: $2,682 and $5,699, respectively) 75,705 112,013
Total current assets 7,402,392 6,748,319
Properties, plants and equipment, at cost (HEP: $2,207,898 and $2,173,248, respectively) 10,373,440 10,146,652
Less accumulated depreciation (HEP: $(824,326) and $(761,210), respectively) (3,793,423) (3,457,747)
Properties, plants and equipment, net 6,580,017 6,688,905
Operating lease right-of-use assets (HEP: $63,663 and $66,382, respectively) 326,076 351,068
Other assets: Turnaround costs (HEP: $21,280 and $24,154, respectively) 658,125 376,158
Goodwill (HEP: $431,985 and $431,985, respectively) 2,977,315 2,978,315
Intangibles and other (HEP: $348,803 and $360,768, respectively) 957,887 982,718
Other assets, total 4,593,327 4,337,191
Total assets 18,901,812 18,125,483
Current liabilities:    
Accounts payable (HEP: $28,438 and $27,199, respectively) 2,366,267 2,334,107
Income taxes payable 137,073 7,818
Operating lease liabilities (HEP: $4,144 and $4,204, respectively) 112,964 109,926
Current debt 307,819 306,959
Accrued liabilities (HEP: $35,512 and $39,110, respectively) 553,096 486,719
Total current liabilities 3,477,219 3,245,529
Long-term debt (HEP: $1,468,505 and $1,556,334, respectively) 2,861,962 2,948,513
Noncurrent operating lease liabilities (HEP: $59,885 and $62,550, respectively) 222,001 254,215
Deferred income taxes (HEP: $339 and $374, respectively) 1,345,621 1,262,165
Other long-term liabilities (HEP: $47,346 and $55,373, respectively) 379,742 397,489
HF Sinclair 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; 223,231,546 shares issued as of September 30, 2023 and December 31, 2022 2,232 2,232
Additional capital 6,491,642 6,468,775
Retained earnings 5,523,245 4,130,252
Accumulated other comprehensive loss (24,743) (22,013)
Common stock held in treasury, at cost – 42,192,491 and 26,152,344 shares as of September 30, 2023 and December 31, 2022, respectively (2,167,694) (1,335,431)
Total HF Sinclair stockholders’ equity 9,824,682 9,243,815
Noncontrolling interest 790,585 773,757
Total equity 10,615,267 10,017,572
Total liabilities and equity $ 18,901,812 $ 18,125,483