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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Purchase Price Consideration and Allocation
The following tables present the purchase consideration and preliminary purchase price allocation of the assets acquired and liabilities assumed on March 14, 2022:

Purchase Consideration (in thousands except for per share amounts)
Shares of HF Sinclair common stock issued 60,230
Closing price per share of HFC common stock (1)
$35.68 
Purchase consideration paid in HF Sinclair common stock2,149,008
Shares of HEP common units issued to Sinclair21,000
Closing price per share of HEP common units (2)
$16.62 
Purchase consideration paid in HEP common units349,020
Total equity consideration2,498,028
Cash consideration paid by HEP328,955
Cash consideration received by HFC(77,507)
Total cash consideration251,448 
Total purchase consideration$2,749,476 

(1)Based on the HollyFrontier closing stock price on March 11, 2022.
(2)Based on the HEP closing unit price on March 11, 2022.
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
(In thousands)
Assets Acquired
Accounts receivable$467,530 
Inventories: Crude oil and refined products906,461 
Inventories: Materials, supplies and other39,350 
Properties, plants and equipment1,242,549 
Operating lease right-of-use assets4,585 
Other assets: Intangibles and other495,621 
Total assets acquired$3,156,096 
Liabilities Assumed
Accounts payable$564,385 
Operating lease liabilities1,030 
Accrued liabilities84,298 
Noncurrent operating lease liabilities3,554 
Deferred income taxes351,189 
Other long-term liabilities88,098 
Total liabilities assumed$1,092,554 
Net assets acquired$2,063,542 
Goodwill$685,934 
Schedule of Pro Forma Information The pro forma combined condensed financial data has been included for comparative purposes only and is not necessarily indicative of the results that might have occurred had the Sinclair Transactions taken place on January 1, 2021 and is not intended to be a projection of future results.
Years Ended December 31,
20222021
(In thousands)
Sales and other revenues$39,210,338 $22,767,827 
Net income attributable to HF Sinclair stockholders$2,853,686 $757,808