v2.4.0.8
STATEMENTS OF CASH FLOWS
 3 Months Ended
Mar. 31, 2014
Statement of Cash Flows [Abstract]  
STATEMENTS OF CASH FLOWS
STATEMENTS OF CASH FLOWS
Changes in current assets and current liabilities were as follows:
 
Three Months Ended March 31,
 
2014
 
2013
 
(Thousands of Dollars)
Decrease (increase) in current assets:
 
 
 
Accounts receivable
$
(22,751
)
 
$
50,811

Receivable from related parties
50,872

 
20,448

Inventories
35,476

 
(54,416
)
Income tax receivable
(2,705
)
 
50

Other current assets
2,663

 
18,678

Increase (decrease) in current liabilities:
 
 
 
Accounts payable
(93,400
)
 
31,318

Payable to related party
5,286

 
10,369

Accrued interest payable
(5,714
)
 
6,797

Accrued liabilities
(9,127
)
 
(10,491
)
Taxes other than income tax
(747
)
 
(2,136
)
Income tax payable
1,352

 
2,158

Changes in current assets and current liabilities
$
(38,795
)
 
$
73,586



The above changes in current assets and current liabilities differ from changes between amounts reflected in the applicable consolidated balance sheets due to the change in the amount accrued for capital expenditures and the effect of foreign currency translation.

Cash flows related to interest and income taxes were as follows:
 
Three Months Ended March 31,
 
2014
 
2013
 
(Thousands of Dollars)
Cash paid for interest, net of amount capitalized
$
38,352

 
$
24,698

Cash paid for income taxes, net of tax refunds received
$
1,998

 
$
1,750