XML 50 R36.htm IDEA: XBRL DOCUMENT v3.2.0.727
Business Segments (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Schedule of segment information
The following table summarizes certain operating results and capital expenditures information by segment:
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2015
 
2014
 
2015
 
2014
 
(in millions)
Net sales
 
 
 
 
 
 
 
Petroleum
$
1,547.5

 
$
2,466.3

 
$
2,852.0

 
$
4,841.7

Nitrogen Fertilizer
80.8

 
77.2

 
173.9

 
157.5

Intersegment elimination
(4.1
)
 
(3.2
)
 
(12.8
)
 
(11.4
)
Total
$
1,624.2

 
$
2,540.3

 
$
3,013.1

 
$
4,987.8

Cost of product sold (exclusive of depreciation and amortization)
 
 
 
 
 
 
 
Petroleum
$
1,180.9

 
$
2,172.6

 
$
2,237.1

 
$
4,236.0

Nitrogen Fertilizer
15.4

 
19.4

 
41.2

 
41.1

Intersegment elimination
(4.1
)
 
(3.0
)
 
(12.5
)
 
(11.2
)
Total
$
1,192.2

 
$
2,189.0

 
$
2,265.8

 
$
4,265.9

Direct operating expenses (exclusive of depreciation and amortization)
 
 
 
 
 
 
 
Petroleum
$
90.3

 
$
93.2

 
$
177.3

 
$
192.4

Nitrogen Fertilizer
25.1

 
26.9

 
49.6

 
51.1

Other

 

 

 

Total
$
115.4

 
$
120.1

 
$
226.9

 
$
243.5

Depreciation and amortization
 
 
 
 
 
 
 
Petroleum
$
34.2

 
$
30.7

 
$
68.2

 
$
60.2

Nitrogen Fertilizer
7.0

 
6.8

 
13.8

 
13.5

Other
1.3

 
1.1

 
2.5

 
2.2

Total
$
42.5

 
$
38.6

 
$
84.5

 
$
75.9

Operating income
 
 
 
 
 
 
 
Petroleum
$
250.8

 
$
151.9

 
$
360.0

 
$
316.5

Nitrogen Fertilizer
28.7

 
18.8

 
60.2

 
41.9

Other
(5.3
)
 
(6.1
)
 
(9.4
)
 
(10.3
)
Total
$
274.2

 
$
164.6

 
$
410.8

 
$
348.1

Capital expenditures
 
 
 
 
 
 
 
Petroleum
$
36.4

 
$
47.4

 
$
78.1

 
$
105.3

Nitrogen Fertilizer
3.4

 
4.1

 
6.0

 
7.5

Other
1.4

 
1.5

 
2.6

 
2.1

Total
$
41.2

 
$
53.0

 
$
86.7

 
$
114.9


 
As of June 30, 2015
 
As of December 31, 2014
 
(in millions)
Total assets
 
 
 
Petroleum
$
2,516.3

 
$
2,417.8

Nitrogen Fertilizer
560.0

 
578.8

Other
471.3

 
465.9

Total
$
3,547.6

 
$
3,462.5

Goodwill
 
 
 
Petroleum
$

 
$

Nitrogen Fertilizer
41.0

 
41.0

Other

 

Total
$
41.0

 
$
41.0