XML 15 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1Close
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Current assets:      
Cash and cash equivalents $ 1,240,860 $ 1,353,747 $ 1,665,066
Accounts receivable: Product and transportation 1,649,800 1,527,950 1,626,199
Crude oil resales 163,777 197,169 76,950
Accounts receivable, total 1,813,577 1,725,119 1,703,149
Inventories: Crude oil and refined products 2,868,039 2,645,724 2,853,425
Materials, supplies and other 262,846 276,107 361,103
Total inventory 3,130,885 2,921,831 3,214,528
Income taxes receivable 42,841 56,528 53,563
Prepayments and other 94,297 89,229 112,013
Total current assets 6,322,460 6,146,454 6,748,319
Properties, plants and equipment, at cost 10,609,735 10,533,432 10,146,652
Less: accumulated depreciation (4,021,845) (3,906,600) (3,457,747)
Properties, plants and equipment, net 6,587,890 6,626,832 6,688,905
Operating lease right-of-use assets 390,566 348,006 351,068
Other assets: Turnaround costs 660,306 644,957 376,158
Goodwill 2,977,511 2,977,744 2,978,315
Intangibles and other 977,257 972,272 982,718
Other assets, total 4,615,074 4,594,973 4,337,191
Total assets 17,915,990 17,716,265 18,125,483 Close
Current liabilities:      
Accounts payable 2,276,556 2,205,759 2,334,107
Income taxes payable 57,440 8,772 7,818
Operating lease liabilities 97,973 106,973 109,926
Current debt   0 306,959
Accrued liabilities 485,966 453,045 486,719
Total current liabilities 2,917,935 2,774,549 3,245,529
Long-term debt, net 2,678,645 2,739,083 2,948,513
Noncurrent operating lease liabilities 309,370 249,479 254,215
Deferred income taxes 1,307,585 1,297,130 1,262,165
Other long-term liabilities 426,366 418,726 397,489
Total liabilities 7,639,901 7,478,967   Close
Commitments and Contingencies (see Note 13)
HF Sinclair stockholders’ equity:      
Preferred stock, $1.00 par value – 5,000,000 shares authorized; none issued 0 0 0
Common stock $0.01 par value – 320,000,000 shares authorized; 223,231,546 shares issued as of March 31, 2024 and December 31, 2023, respectively 2,232 2,232 2,232
Additional capital 5,991,464 5,993,661 6,468,775
Retained earnings 5,594,493 5,379,182 4,130,252
Accumulated other comprehensive loss (22,277) (11,784) (22,013)
Common stock held in treasury, at cost – 26,077,193 and 23,235,599 shares as of March 31, 2024 and December 31, 2023, respectively (1,357,594) (1,194,201) (1,335,431)
Total HF Sinclair stockholders’ equity 10,208,318 10,169,090 9,243,815
Noncontrolling interest 67,771 68,208 773,757
Total equity 10,276,089 10,237,298 10,017,572 Close
Total liabilities and equity $ 17,915,990 $ 17,716,265 $ 18,125,483