Business Segments (Tables)

3 Months Ended

Mar. 31, 2015

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



	Three Months Ended March 31,
	2015			2014
	(in millions)
Net sales
Petroleum	$	1,304.4		$	2,375.3
Nitrogen Fertilizer	93.1			80.3
Intersegment elimination	(8.6		)	(8.2		)
Total	$	1,388.9		$	2,447.4
Cost of product sold (exclusive of depreciation and amortization)
Petroleum	$	1,056.1		$	2,063.3
Nitrogen Fertilizer	25.8			21.7
Intersegment elimination	(8.3		)	(8.1		)
Total	$	1,073.6		$	2,076.9
Direct operating expenses (exclusive of depreciation and amortization)
Petroleum	$	87.0		$	99.2
Nitrogen Fertilizer	24.4			24.2
Other	—			—
Total	$	111.4		$	123.4
Depreciation and amortization
Petroleum	$	34.0		$	29.5
Nitrogen Fertilizer	6.8			6.7
Other	1.2			1.1
Total	$	42.0		$	37.3
Operating income
Petroleum	$	109.2		$	164.6
Nitrogen Fertilizer	31.5			23.1
Other	(4.1		)	(4.2		)
Total	$	136.6		$	183.5
Capital expenditures
Petroleum	$	41.7		$	57.9
Nitrogen Fertilizer	2.7			3.4
Other	1.1			0.6
Total	$	45.5		$	61.9



	As of March 31, 2015		As of December 31, 2014
	(in millions)
Total assets
Petroleum	$	2,419.5	$	2,417.8
Nitrogen Fertilizer	568.1		578.8
Other	468.5		465.9
Total	$	3,456.1	$	3,462.5
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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