XML 67 R44.htm IDEA: XBRL DOCUMENT
v3.22.4

Other Comprehensive Income (Loss) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Other Comprehensive Income (Loss), before Tax [Abstract] |
Schedule of Components and Allocated Tax Effects of OCI | The components and allocated tax effects of other comprehensive income (loss) are as follows:
|  | Before-Tax |  | Tax Expense (Benefit) |  | After-Tax
|  | (In thousands)
Year Ended December 31, 2022 |  |  |  |  |  |
Net change in foreign currency translation adjustment |  | $ | (32,383) |  |  | $ | (6,817) |  |  | $ | (25,566) |
Net unrealized gain on hedging instruments |  | 326 |  |  | 67 |  |  | 259 |
Net change in pension and other post-retirement benefit obligations |  | 789 |  |  | 166 |  |  | 623 |
Other comprehensive loss attributable to HF Sinclair stockholders |  | $ | (31,268) |  |  | $ | (6,584) |  |  | $ | (24,684) |
Year Ended December 31, 2021 |  |  |  |  |  |
Net change in foreign currency translation adjustment |  | $ | (13,336) |  |  | $ | (2,793) |  |  | $ | (10,543) |
Net unrealized gain on hedging instruments |  | 31 |  |  | 8 |  |  | 23 |
Net change in pension and other post-retirement benefit obligations |  | (457) |  |  | (186) |  |  | (271) |
Other comprehensive loss attributable to HF Sinclair stockholders |  | $ | (13,762) |  |  | $ | (2,971) |  |  | $ | (10,791) |
Year Ended December 31, 2020 |  |  |  |  |  |
Net change in foreign currency translation adjustment |  | $ | 6,226 |  |  | $ | 1,357 |  |  | $ | 4,869 |
Net unrealized loss on hedging instruments |  | (4,871) |  |  | (1,228) |  |  | (3,643) |
Net change in pension and other post-retirement benefit obligations |  | (3,461) |  |  | (923) |  |  | (2,538) |
Other comprehensive loss attributable to HF Sinclair stockholders |  | $ | (2,106) |  |  | $ | (794) |  |  | $ | (1,312) |
Schedule of Income Statement Line Items Effects Out of AOCI | The following table presents the statement of operations line item effects for reclassifications out of accumulated other comprehensive income (“AOCI”):
AOCI Component |  | Gain (Loss) Reclassified From AOCI |  | Statement of Operations Line Item
|  | Years Ended December 31, |  |
|  | 2022 |  | 2021 |  | 2020 |  |
|  | (In thousands) |  |
Hedging instruments: |  |  |  |  |  |  |  |
Commodity price swaps |  | $ | (5,288) |  |  | $ | (19,239) |  |  | $ | (5,168) |  |  | Sales and other revenues
|  | — |  |  | — |  |  | 4,281 |  |  | Cost of products sold
|  | — |  |  | 1,660 |  |  | (1,717) |  |  | Operating expenses
|  | (5,288) |  |  | (17,579) |  |  | (2,604) |  |  |
|  | (1,282) |  |  | (4,430) |  |  | (664) |  |  | Income tax benefit
|  | (4,006) |  |  | (13,149) |  |  | (1,940) |  |  | Net of tax
Other post-retirement benefit obligations: |  |  |  |  |  |  |  |
Pension obligations |  | 208 |  |  | 407 |  |  | 422 |  |  | Other, net
|  | 50 |  |  | 103 |  |  | 108 |  |  | Income tax expense
|  | 158 |  |  | 304 |  |  | 314 |  |  | Net of tax
Post-retirement healthcare obligations |  | 3,440 |  |  | 3,328 |  |  | 3,564 |  |  | Other, net
|  | 834 |  |  | 839 |  |  | 909 |  |  | Income tax expense
|  | 2,606 |  |  | 2,489 |  |  | 2,655 |  |  | Net of tax
Retirement restoration plan |  | (39) |  |  | (39) |  |  | (22) |  |  | Other, net
|  | (9) |  |  | (10) |  |  | (6) |  |  | Income tax benefit
|  | (30) |  |  | (29) |  |  | (16) |  |  | Net of tax
Total reclassifications for the period |  | $ | (1,272) |  |  | $ | (10,385) |  |  | $ | 1,013 |  |  |
Schedule of AOCI in Equity | Accumulated other comprehensive income (loss) in the equity section of our consolidated balance sheets includes:
|  | Years Ended December 31,
|  | 2022 |  | 2021
|  | (In thousands)
Foreign currency translation adjustment |  | $ | (33,427) |  |  | $ | (7,861) |
Unrealized gain (loss) on pension obligations |  | (2,661) |  |  | 1,449 |
Unrealized gain on post-retirement benefit obligations |  | 14,075 |  |  | 9,342 |
Unrealized loss on hedging instruments |  | — |  |  | (259) |
Accumulated other comprehensive income (loss) |  | $ | (22,013) |  |  | $ | 2,671 |

X
- References No definition available. + Details
Name: | us-gaap_OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecreaseAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (i) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration