Business Segments (Tables)

3 Months Ended

Mar. 31, 2014

The following table summarizes certain operating results and capital expenditures information by segment:



	Three Months Ended March 31,
	2014			2013
	(in millions)
Net sales
Petroleum	$	2,375.3		$	2,274.0
Nitrogen Fertilizer	80.3			81.4
Intersegment elimination	(8.2		)	(3.0		)
Total	$	2,447.4		$	2,352.4
Cost of product sold (exclusive of depreciation and amortization)
Petroleum	$	2,063.3		$	1,805.8
Nitrogen Fertilizer	21.7			10.6
Intersegment elimination	(8.1		)	(2.8		)
Total	$	2,076.9		$	1,813.6
Direct operating expenses (exclusive of depreciation and amortization)
Petroleum	$	99.2		$	86.0
Nitrogen Fertilizer	24.2			22.6
Other	—			(0.1		)
Total	$	123.4		$	108.5
Depreciation and amortization
Petroleum	$	29.5		$	28.0
Nitrogen Fertilizer	6.7			5.8
Other	1.1			0.4
Total	$	37.3		$	34.2
Operating income
Petroleum	$	164.6		$	335.6
Nitrogen Fertilizer	23.1			36.8
Other	(4.2		)	(4.7		)
Total	$	183.5		$	367.7
Capital expenditures
Petroleum	$	57.9		$	44.6
Nitrogen fertilizer	3.4			18.1
Other	0.6			1.0
Total	$	61.9		$	63.7



	As of March 31, 2014		As of December 31, 2013
	(in millions)
Total assets
Petroleum	$	2,769.4	$	2,533.3
Nitrogen Fertilizer	592.6		593.5
Other	507.9		539.0
Total	$	3,869.9	$	3,665.8
Goodwill
Petroleum	$	—	$	—
Nitrogen Fertilizer	41.0		41.0
Other	—		—
Total	$	41.0	$	41.0

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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