Debt, Revolver and Senior Notes (Details) - USD ($)
$ / shares in Units, shares in Millions |
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1 Months Ended |
12 Months Ended |
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Oct. 29, 2014 |
Aug. 01, 2013 |
Aug. 31, 2014 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Jun. 10, 2016 |
May 09, 2016 |
Jan. 29, 2016 |
Dec. 17, 2013 |
Sep. 14, 2012 |
| Debt Instrument, Redemption |
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| Debt Instrument, Offering Date |
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Oct. 29, 2014
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| Line of Credit Facility |
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| Available borrowing capacity |
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$ 900,000,000
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$ 600,000,000
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| Maximum borrowing capacity |
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2,100,000,000
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| Senior Notes |
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| Aggregate principal amount |
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$ 1,300,000,000
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| Proceeds from debt offering |
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$ 1,451,000,000
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250,000,000
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$ 1,300,000,000
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| Price per unit (dollars per unit) |
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$ 47.13
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| Repayments of long-term debt |
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251,000,000
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0
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$ 130,000,000
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| Total cost of assets under capital lease |
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11,000,000
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9,000,000
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| Capital leases, accumulated amortization |
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2,000,000
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2,000,000
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| Long-term Debt, Maturities, Repayments of Principal in Year Two |
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1,000,000
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| TLLP Revolving Credit Facility |
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| Line of Credit Facility |
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| Amount outstanding |
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$ 330,000,000
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305,000,000
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| Maturity date |
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Jan. 29, 2021
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| Senior Notes |
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| Line of Credit Facility, Remaining Borrowing Capacity |
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$ 270,000,000
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| Revolving Credit Facility |
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| Line of Credit Facility |
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| Collateral, Revolving Credit Facility |
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Our Revolving Credit Facility is non-recourse to Tesoro, except for TLGP, and is guaranteed by all of our consolidated subsidiaries, with the exception of Rendezvous Gas, and secured by substantially all of our assets.
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| Borrowing capacity, description |
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Borrowings are available under the Revolving Credit Facility up to the total loan availability of the facility.
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| 5.500% Senior Notes Due 2019 |
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| Senior Notes |
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| Senior Notes |
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$ 500,000,000
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500,000,000
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| Collateral, Senior Notes |
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The 2019 Senior Notes are unsecured and guaranteed by all of our consolidated subsidiaries, with the exception of Rendezvous Gas and Tesoro Logistics Finance Corp., the co-issuer, and are non-recourse to Tesoro, except for TLGP, and contain customary terms, events of default and covenants for an issuance of non-investment grade securities.
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| 5.875% Senior Notes due 2020 |
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| Senior Notes |
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| Senior Notes |
[1] |
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$ 470,000,000
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470,000,000
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| Collateral, Senior Notes |
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The 2020 Senior Notes are unsecured and guaranteed by all of our subsidiaries, except Tesoro Logistics Finance Corp., the co-issuer, and any subsidiaries acquired with the Rockies Natural Gas Business Acquisition, and are non-recourse to Tesoro, except for TLGP, and contain customary terms, events of default and covenants for an issuance of non-investment grade securities.
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| Price per unit (dollars per unit) |
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$ 67.47
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| Repayments of long-term debt |
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$ 130,000,000
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| Accrued interest |
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4,000,000
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| Debt Instrument Premium Paid Above Par |
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7,000,000
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| Write off of unamortized debt issuance cost |
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$ 3,000,000
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| 6.125% Senior Notes due 2021 |
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| Senior Notes |
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| Senior Notes |
[1] |
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$ 800,000,000
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550,000,000
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| Collateral, Senior Notes |
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The 2021 Senior Notes are unsecured and guaranteed by all of our subsidiaries, except Tesoro Logistics Finance Corp., the co-issuer and any subsidiaries acquired with the Rockies Natural Gas Business Acquisition, and are non-recourse to Tesoro, except for TLGP, and contain customary terms, events of default and covenants for an issuance of non-investment grade securities.
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| 6.250% Senior Notes Due 2022 |
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| Senior Notes |
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| Senior Notes |
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$ 800,000,000
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800,000,000
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| Collateral, Senior Notes |
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The 2022 Senior Notes are unsecured and guaranteed by all of our consolidated subsidiaries, with the exception of Rendezvous Gas and Tesoro Logistics Finance Corp., the co-issuer, and are non-recourse to Tesoro, except for TLGP, and contain customary terms, events of default and covenants for an issuance of non-investment grade securities.
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| Common |
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| Senior Notes |
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| Common units sold to the public (units) |
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2.1
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| Supplemental TLLP 2021 Notes |
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| Senior Notes |
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| Aggregate principal amount |
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$ 250,000,000
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| 5.5% Senior Notes due 2019 |
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| Senior Notes |
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| Aggregate principal amount |
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$ 500,000,000
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| Interest rate |
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5.50%
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| 5.5% Senior Notes due 2019 | 5.500% Senior Notes Due 2019 |
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| Senior Notes |
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| Maturity date |
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Oct. 15, 2019
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| 5.875% Senior Notes due 2020 |
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| Senior Notes |
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| Aggregate principal amount |
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$ 250,000,000
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$ 350,000,000
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| Interest rate |
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5.875%
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| Maturity date |
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Oct. 01, 2020
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| Debt Instrument Issuance Premium Percentage |
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102.25%
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| Unamortized premium |
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$ 4,000,000
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4,000,000
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| 5.875% Senior Notes due 2020 | Debt Instrument, Redemption Period Two |
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| Senior Notes |
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| Debt Instrument Redemption Premium Percentage |
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2.938%
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| 5.875% Senior Notes due 2020 | Debt Instrument, Redemption, Period Three |
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| Senior Notes |
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| Debt Instrument Redemption Premium Percentage |
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1.469%
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| 6.125% Senior Notes due 2021 |
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| Senior Notes |
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| Aggregate principal amount |
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$ 550,000,000
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| Interest rate |
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6.125%
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| Maturity date |
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Oct. 15, 2021
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| 6.125% Senior Notes due 2021 | Debt Instrument, Redemption Period Two |
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| Senior Notes |
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| Debt Instrument Redemption Premium Percentage |
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4.594%
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| 6.125% Senior Notes due 2021 | Debt Instrument, Redemption, Period Three |
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| Senior Notes |
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| Debt Instrument Redemption Premium Percentage |
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3.063%
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| 6.125% Senior Notes due 2021 | Debt Instrument, Redemption Period Four |
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| Senior Notes |
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| Debt Instrument Redemption Premium Percentage |
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1.531%
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| 6.250% Senior Notes Due 2022 |
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| Senior Notes |
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| Aggregate principal amount |
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$ 800,000,000
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| Interest rate |
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6.25%
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| Maturity date |
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Oct. 15, 2022
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| Debt Instrument Redemption With Equity Proceeds |
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35.00%
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| 6.250% Senior Notes Due 2022 | Debt Instrument, Redemption Period One |
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| Senior Notes |
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| Debt Instrument Redemption Premium Percentage |
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3.125%
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| 6.250% Senior Notes Due 2022 | Debt Instrument, Redemption Period Two |
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| Senior Notes |
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| Debt Instrument Redemption Premium Percentage |
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1.563%
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| 6.250% Senior Notes Due 2022 | Debt Instrument, Redemption, Period Three |
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| Senior Notes |
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| Redemption premium, percentage of face value |
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106.25%
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| 6.375% Senior Notes due 2024 |
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| Senior Notes |
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| Aggregate principal amount |
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$ 450,000,000
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| Interest rate |
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6.375%
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| Maturity date |
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May 01, 2024
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| Debt Instrument Redemption With Equity Proceeds |
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35.00%
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| Redemption premium, percentage of face value |
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106.375%
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| 6.375% Senior Notes due 2024 | Debt Instrument, Redemption Period One |
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| Senior Notes |
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| Debt Instrument Redemption Premium Percentage |
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4.781%
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| 6.375% Senior Notes due 2024 | Debt Instrument, Redemption Period Two |
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| Senior Notes |
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| Debt Instrument Redemption Premium Percentage |
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3.188%
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| 6.375% Senior Notes due 2024 | Debt Instrument, Redemption, Period Three |
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| Senior Notes |
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| Debt Instrument Redemption Premium Percentage |
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1.594%
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| 5.250% Senior Notes due 2025 |
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| Senior Notes |
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| Aggregate principal amount |
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$ 750,000,000
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| Interest rate |
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5.25%
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| Maturity date |
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Jan. 15, 2025
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| Debt Instrument Redemption With Equity Proceeds |
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35.00%
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| Redemption premium, percentage of face value |
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105.25%
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| 5.250% Senior Notes due 2025 | Debt Instrument, Redemption Period One |
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| Senior Notes |
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| Debt Instrument Redemption Premium Percentage |
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2.625%
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| 5.250% Senior Notes due 2025 | Debt Instrument, Redemption Period Two |
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| Senior Notes |
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| Debt Instrument Redemption Premium Percentage |
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1.313%
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| Dropdown Credit Facility |
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| Line of Credit Facility |
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| Maximum borrowing capacity |
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$ 1,000,000,000
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| Amount outstanding |
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$ 0
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0
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| Revolving Credit Facility Three |
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| Line of Credit Facility |
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| Available borrowing capacity |
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$ 1,600,000,000
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| Senior Notes |
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| Line Of Credit Facility, Remaining Borrowing Capacity Percentage |
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45.00%
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| Debt, Weighted Average Interest Rate |
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2.76%
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| Unsecured Term Loan Facility |
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| Senior Notes |
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| Term Loan Facility |
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|
$ 0
|
$ 250,000,000
|
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