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Wynnewood Acquisition (Tables)

12 Months Ended

Dec. 31, 2011

Wynnewood Acquisition

Schedule of total purchase price allocated to GWEC's net tangible assets based on their fair values

The following table, set forth below, displays the total preliminary purchase price allocated to GWEC's net tangible assets based on their fair values as of December 15, 2011 (in millions):

Cash and cash equivalents		$	6.3
Accounts receivable			158.5
Inventories			213.5
Prepaid expenses and other current assets			6.0
Property, plant and equipment			574.5
Accounts payable and accrued liabilities			(314.2	)
Long-term debt			(52.3	)
Total fair values of net assets acquired			592.3
Less: cash acquired			6.3
Total consideration transferred, net of cash acquired		$	586.0

Summary of pro forma condensed consolidated financial information

		Years Ended December 31,
		2011			2010
		(in millions) (unaudited)
Net sales		$	7,674.5		$	6,220.8
Net income			473.8			22.0

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- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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Tabular disclosure of all of the fair values of the purchase price and assets and liabilities acquired in a business combination.

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