XML 69 R32.htm IDEA: XBRL DOCUMENT v3.21.1

Business Segments (Tables)

3 Months Ended

Mar. 31, 2021

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 March 31,
(in millions)															2021						2020
Net sales
Petroleum															$	1,404					$	1,057
Nitrogen Fertilizer															61						75
Other, including intersegment eliminations															(2)						(2)
Total															$	1,463					$	1,130
Operating loss
Petroleum															$	(115)					$	(127)
Nitrogen Fertilizer															(14)						(5)
Other, including intersegment eliminations															(6)						(3)
Total															(135)						(135)
Interest expense, net															(31)						(35)
Investment income on marketable securities															62						31
Other income, net															7						2
Loss before income tax benefit															$	(97)					$	(137)
Depreciation and amortization
Petroleum															$	51					$	48
Nitrogen Fertilizer															14						16
Other															1						—
Total															$	66					$	64
Capital expenditures (1)
Petroleum															$	10					$	40
Nitrogen Fertilizer															3						6
Other (2)															55						2
Total															$	68					$	48

The following table summarizes total assets by segment:

(in millions)			March 31, 2021						December 31, 2020
Petroleum			$	3,207					$	2,991
Nitrogen Fertilizer			1,032						1,033
Other, including intersegment eliminations			(51)						(46)
Total Assets			$	4,188					$	3,978

(1)Capital expenditures are shown exclusive of capitalized turnaround expenditures and business combinations.

(2)Other includes amounts incurred for the Wynnewood renewable diesel unit project.

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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration