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Business Segments (Tables)

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Operating results and capital expenditures information by segment

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

	Three Months Ended   June 30,								Six Months Ended   June 30,
	2017				2016				2017				2016
	(in millions)
Net sales
Petroleum	$	1,338.2			$	1,164.4			$	2,761.7			$	1,998.4
Nitrogen Fertilizer	97.9				119.8				183.2				192.9
Intersegment elimination	(1.7		)		(1.0		)		(3.4		)		(2.6		)
Total	$	1,434.4			$	1,283.2			$	2,941.5			$	2,188.7
Cost of materials and other
Petroleum	$	1,208.0			$	941.9			$	2,409.3			$	1,664.2
Nitrogen Fertilizer	22.1				36.0				43.9				52.4
Intersegment elimination	(1.5		)		(1.0		)		(3.4		)		(2.9		)
Total	$	1,228.6			$	976.9			$	2,449.8			$	1,713.7
Direct operating expenses (exclusive of depreciation and amortization)
Petroleum	$	86.3			$	84.0			$	188.4			$	201.7
Nitrogen Fertilizer	37.8				54.2				73.7				77.9
Other	0.1				0.1				0.2				0.1
Total	$	124.2			$	138.3			$	262.3			$	279.7
Depreciation and amortization
Petroleum	$	32.4			$	31.6			$	66.5			$	63.1
Nitrogen Fertilizer	20.0				17.6				35.4				24.5
Other	1.6				1.5				3.2				3.1
Total	$	54.0			$	50.7			$	105.1			$	90.7
Operating income (loss)
Petroleum	$	(7.4	)		$	90.1			$	58.6			$	34.1
Nitrogen Fertilizer	12.2				3.7				17.5				23.4
Other	(3.5		)		(3.1		)		(7.2		)		(6.7		)
Total	$	1.3			$	90.7			$	68.9			$	50.8
Capital expenditures
Petroleum	$	27.8			$	24.0			$	47.4			$	68.0
Nitrogen Fertilizer	4.5				10.1				8.6				11.9
Other	0.9				1.2				1.4				2.9
Total	$	33.2			$	35.3			$	57.4			$	82.8

	As of June 30, 2017				As of December 31, 2016
	(in millions)
Total assets
Petroleum	$	2,447.1			$	2,331.9
Nitrogen Fertilizer	1,280.6				1,312.2
Other	301.4				406.1
Total	$	4,029.1			$	4,050.2
Goodwill
Petroleum	$	—			$	—
Nitrogen Fertilizer	41.0				41.0
Other	—				—
Total	$	41.0			$	41.0

X

- 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599

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- References

No definition available.

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